CLS gamma levels.
Where CLS tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- CLS $347.50 · down 4.05% on the day · positive gamma overall (moves grind and levels hold)
- Levels: ★ Volt, the biggest level 360 (above price · 12.50 / 3.60% away); ↯ Surge, live flow 360 (above price · 12.50 / 3.60% away); ‖ call wall — ceiling, sticky 360 (above price · 12.50 / 3.60% away); ‖ put wall — floor, slippery 330 (below price · 17.50 / 5.04% away); ↘ Reversal 330 (below price · 17.50 / 5.04% away)
- Expected move today ±29.9
- Strikes nearest the money (high to low): 355 negative, 352.5 negative, 350 positive, 347.5 negative, 345 negative, 342.5 negative
- Since yesterday's close, positioning grew at 330, 350, 360 and faded at 380, 390, 400.
- Event pricing: the options market prices an unusually large move into 2026-10-30 (±$64.42 by that date, about 1.9x this board's normal daily move). On single names this is usually an earnings report. Descriptive of the market's own pricing, never a forecast.
- ATM implied volatility 67.1%