COP gamma levels.
Where COP tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, in plain English, 15-minute delayed and free.
- COP $130.35 · up 0.64% on the day · positive gamma overall (sticky: moves grind and levels hold)
- Levels: ★ Volt — biggest level 130 (below price · 0.35 / 0.27% away); ↯ Surge — live flow 130 (below price · 0.35 / 0.27% away); ‖ call wall — sticky, but below price · not a ceiling from here 130 (below price · 0.35 / 0.27% away); ‖ put wall — floor, slippery 110 (below price · 20.35 / 15.61% away); ↘ Reversal 110 (below price · 20.35 / 15.61% away)
- Expected move today ±3.20
- Strikes nearest the money (high to low): 145 sticky, 140 sticky, 135 sticky, 130 sticky, 125 sticky, 120 sticky
- Since yesterday's close, positioning grew at 125, 130, 140.
- ATM implied volatility 26.1%