CENX gamma levels.
Where CENX tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- CENX $31.72 · up 0.95% on the day · positive gamma overall (moves grind and levels hold)
- Levels: ★ Volt, the biggest level 37.5 (above price · 5.78 / 18.22% away); ↯ Surge, live flow 35 (above price · 3.28 / 10.34% away); ‖ call wall — ceiling, sticky 37.5 (above price · 5.78 / 18.22% away); ‖ put wall — slippery, but above price · not a floor from here 40 (above price · 8.28 / 26.10% away); ↘ Reversal 40 (above price · 8.28 / 26.10% away)
- Expected move today ±5.96 · pre-open reference
- Strikes nearest the money (high to low): 35 positive, 32.5 positive, 32 positive, 30 negative, 27.5 negative, 27 negative
- Weekly magnet confluence: the next 4 weekly expirations put their biggest positive-gamma level above price (agreement of positioning, not a prediction).
- ATM implied volatility 67.0%