CTAS gamma levels.
Where CTAS tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, in plain English, 15-minute delayed and free.
- CTAS $204.18 · up 0.01% on the day · positive gamma overall (sticky: moves grind and levels hold)
- Levels: ★ Volt — biggest level 210 (above price · 5.82 / 2.85% away); ↯ Surge — live flow 207.5 (above price · 3.32 / 1.63% away); ‖ call wall — ceiling, sticky 210 (above price · 5.82 / 2.85% away); ‖ put wall — floor, slippery 195 (below price · 9.18 / 4.50% away); ↘ Reversal 195 (below price · 9.18 / 4.50% away)
- Expected move today ±4.47
- Strikes nearest the money (high to low): 210 sticky, 207.5 slippery, 205 sticky, 202.5 slippery, 200 sticky, 197.5 slippery
- Since yesterday's close, positioning grew at 195 and faded at 205, 210, 212.5.
- Event pricing: the options market prices an unusually large move into 2026-09-25 (±$16.60 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 25.1%