COF gamma levels.
Where COF tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, in plain English, 15-minute delayed and free.
- COF $215.67 · down 0.46% on the day · positive gamma overall (sticky: moves grind and levels hold)
- Levels: ★ Volt — biggest level 210 (below price · 5.67 / 2.63% away); ↯ Surge — live flow 230 (above price · 14.33 / 6.64% away); ‖ call wall — sticky, but below price · not a ceiling from here 210 (below price · 5.67 / 2.63% away); ‖ put wall — floor, slippery 195 (below price · 20.67 / 9.58% away); ⚡ gamma flip 200.91 (below price · 14.76 / 6.84% away); ↘ Reversal 195 (below price · 20.67 / 9.58% away)
- Expected move today ±2.02
- Strikes nearest the money (high to low): 230 sticky, 225 sticky, 220 sticky, 215 slippery, 210 sticky, 205 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 grew at 210, 245 and faded at 220.
- ATM implied volatility 25.5%