CIEN gamma levels.

Where CIEN tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, in plain English, 15-minute delayed and free.

• CIEN $378.44 · down 5.35% on the day · negative gamma overall (slippery: moves tend to extend)
• Levels: ★ Volt — biggest level 400 (above price · 21.56 / 5.70% away); ↯ Surge — live flow 410 (above price · 31.56 / 8.34% away); ‖ call wall — ceiling, sticky 450 (above price · 71.56 / 18.91% away); ‖ put wall — slippery, but above price · not a floor from here 400 (above price · 21.56 / 5.70% away); ↘ Reversal 450 (above price · 71.56 / 18.91% away)
• Expected move today ±8.38
• Strikes nearest the money (high to low): 385 sticky, 382.5 slippery, 380 slippery, 377.5 slippery, 375 slippery, 372.5 slippery
• Since yesterday's close, positioning grew at 265, 330, 355 and faded at 400, 402.5, 407.5.
• ATM implied volatility 110.9%