EWZ gamma levels.

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

• EWZ $37.19 · down 2.36% on the day · positive gamma overall (moves grind and levels hold)
• Levels: ★ Volt — biggest level 45 (above price · 7.81 / 21.00% away); ↯ Surge — live flow 37.5 (above price · 0.31 / 0.83% away); ‖ call wall — ceiling, sticky 45 (above price · 7.81 / 21.00% away); ‖ put wall — slippery, but above price · not a floor from here 37.5 (above price · 0.31 / 0.83% away); ↘ Reversal 37.5 (above price · 0.31 / 0.83% away)
• Expected move today ±2.13 · pre-open reference
• Strikes nearest the money (high to low): 38.5 positive, 38 positive, 37.5 negative, 37 positive, 36.5 positive, 36 positive
• Since yesterday's close, positioning faded at 40, 42, 45.
• Event pricing: the options market prices an unusually large move into 2026-10-09 (±$4.58 by that date, about 1.9x 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 36.1%