CONL gamma levels.
Where CONL tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, in plain English, 15-minute delayed and free.
- CONL $5.65 · down 13.08% on the day · positive gamma overall (sticky: moves grind and levels hold)
- Levels: ★ Volt — biggest level 7 (above price · 1.35 / 23.89% away); ↯ Surge — live flow 7 (above price · 1.35 / 23.89% away); ‖ call wall — ceiling, sticky 7 (above price · 1.35 / 23.89% away); ‖ put wall — floor, slippery 5 (below price · 0.65 / 11.50% away); ↘ Reversal 5 (below price · 0.65 / 11.50% away)
- Expected move today ±1.93
- Strikes nearest the money (high to low): 8 sticky, 7 sticky, 6 slippery, 5 slippery, 4 slippery, 3 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 4, 5 and faded at 7, 8, 10.
- ATM implied volatility 120.8%