EFA gamma levels.

Where EFA tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.

• EFA $106.71 · up 0.01% on the day · negative gamma overall (moves tend to extend)
• Levels: ★ Volt — biggest level 110 (above price · 3.29 / 3.08% away); ↯ Surge — live flow 106 (below price · 0.71 / 0.67% away); ‖ call wall — ceiling, sticky 110 (above price · 3.29 / 3.08% away); ‖ put wall — floor, slippery 104 (below price · 2.71 / 2.54% away); ⚡ gamma flip 107.38 (above price · 0.67 / 0.63% away); ↘ Reversal 104 (below price · 2.71 / 2.54% away)
• Expected move today ±3.34 · pre-open reference
• Strikes nearest the money (high to low): 108 positive, 107.5 positive, 107 positive, 106.5 positive, 106 negative, 105.5 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 106, 106.5, 109.
• Event pricing: the options market prices an unusually large move into 2026-10-23 (±$7.40 by that date, about 2.1x 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 24.7%