CMG gamma levels.
Where CMG tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- CMG $32.61 · down 1.60% on the day · negative gamma overall (moves tend to extend)
- Levels: ★ Volt — biggest level 30 (below price · 2.61 / 8.00% away); ↯ Surge — live flow 33 (above price · 0.39 / 1.20% away); ‖ call wall — ceiling, sticky 34.5 (above price · 1.89 / 5.80% away); ‖ put wall — floor, slippery 30 (below price · 2.61 / 8.00% away); ⚡ gamma flip 33.9 (above price · 1.29 / 3.96% away); ↘ Reversal 34.5 (above price · 1.89 / 5.80% away)
- Expected move today ±1.24 · pre-open reference
- Strikes nearest the money (high to low): 34.5 positive, 33.6 positive, 33 negative, 32.4 negative, 31.5 negative, 31.2 negative
- Since yesterday's close, positioning grew at 30, 31.5, 33 and faded at 39.
- Event pricing: the options market prices an unusually large move into 2026-10-30 (±$4.72 by that date, about 2x 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 41.1%