ECL gamma levels.
Where ECL tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- ECL $277.07 · up 1.23% on the day · positive gamma overall (moves grind and levels hold)
- Levels: ★ Volt, the biggest level 290 (above price · 12.93 / 4.67% away); ↯ Surge, live flow 280 (above price · 2.93 / 1.06% away); ‖ call wall — ceiling, sticky 290 (above price · 12.93 / 4.67% away); ‖ put wall — floor, slippery 270 (below price · 7.07 / 2.55% away); ↘ Reversal 270 (below price · 7.07 / 2.55% away)
- Expected move today ±13.4
- Strikes nearest the money (high to low): 300 positive, 290 positive, 280 positive, 270 negative, 260 negative, 250 negative
- Weekly magnet confluence: the next 4 weekly expirations put their biggest positive-gamma level above price (agreement of positioning, not a prediction).
- Since yesterday's close, positioning grew at 290, 300 and faded at 260, 280.
- ATM implied volatility 24.7%