CMI gamma levels.
Where CMI tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- CMI $527.86 · up 0.85% on the day · negative gamma overall (moves tend to extend)
- Levels: ★ Volt, the biggest level 530 (above price · 2.14 / 0.41% away); ↯ Surge, live flow 570 (above price · 42.14 / 7.98% away); ‖ call wall — sticky, but below price · not a ceiling from here 520 (below price · 7.86 / 1.49% away); ‖ put wall — slippery, but above price · not a floor from here 530 (above price · 2.14 / 0.41% away); ⚡ gamma flip 539.03 (above price · 11.17 / 2.12% away); ↘ Reversal 560 (above price · 32.14 / 6.09% away)
- Expected move today ±19.9
- Strikes nearest the money (high to low): 550 positive, 540 positive, 530 negative, 520 positive, 510 negative, 500 negative
- Weekly magnet confluence: the next 4 weekly expirations put their biggest positive-gamma level above price (agreement of positioning, not a prediction).
- Since yesterday's close, positioning grew at 530, 590 and faded at 500.
- ATM implied volatility 31.8%