CNC gamma levels.
Where CNC tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- CNC $67.02 · up 2.54% on the day · positive gamma overall (moves grind and levels hold)
- Levels: ★ Volt, the biggest level 70 (above price · 2.98 / 4.45% away); ↯ Surge, live flow 70 (above price · 2.98 / 4.45% away); ‖ call wall — ceiling, sticky 70 (above price · 2.98 / 4.45% away); ‖ put wall — floor, slippery 62.5 (below price · 4.52 / 6.74% away); ↘ Reversal 63 (below price · 4.02 / 6.00% away)
- Expected move today ±3.90
- Strikes nearest the money (high to low): 69 positive, 68 positive, 67.5 positive, 67 positive, 66 positive, 65 positive
- Since yesterday's close, positioning grew at 66, 67, 70 and faded at 60, 62.5.
- Event pricing: the options market prices an unusually large move into 2026-10-30 (±$8.77 by that date, about 1.8x 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 48.3%