CNP gamma levels.
Where CNP tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, in plain English, 15-minute delayed and free.
- CNP $38.77 · down 3.56% on the day · positive gamma overall (sticky: moves grind and levels hold)
- Levels: ★ Volt — biggest level 42 (above price · 3.23 / 8.33% away); ↯ Surge — live flow 42 (above price · 3.23 / 8.33% away); ‖ call wall — ceiling, sticky 42 (above price · 3.23 / 8.33% away); ‖ put wall — floor, slippery 39 (above price · 0.23 / 0.59% away); ↘ Reversal 39 (above price · 0.23 / 0.59% away)
- Expected move today ±1.37
- Strikes nearest the money (high to low): 41 sticky, 40 slippery, 39 slippery, 38 slippery, 37 slippery, 36 slippery
- Weekly magnet confluence: the next 4 weekly expirations put their biggest positive-gamma level below price (agreement of positioning, not a prediction).
- Since yesterday's close, positioning faded at 40, 42, 44.
- ATM implied volatility 21.2%