FANG gamma levels.
Where FANG tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, in plain English, 15-minute delayed and free.
- FANG $197.67 · down 1.42% on the day · positive gamma overall (sticky: moves grind and levels hold)
- Levels: ★ Volt — biggest level 220 (above price · 22.33 / 11.30% away); ↯ Surge — live flow 145 (below price · 52.67 / 26.65% away); ‖ call wall — ceiling, sticky 220 (above price · 22.33 / 11.30% away); ‖ put wall — floor, slippery 180 (below price · 17.67 / 8.94% away); ⚡ gamma flip 176.91 (below price · 20.76 / 10.50% away); ↘ Reversal 180 (below price · 17.67 / 8.94% away)
- Expected move today ±16.2
- Strikes nearest the money (high to low): 210 sticky, 200 sticky, 195 sticky, 190 slippery, 185 slippery, 180 slippery
- Weekly magnet confluence: the next 4 weekly expirations put their biggest positive-gamma level below price (agreement of positioning, not a prediction).
- Since yesterday's close, positioning grew at 180 and faded at 220, 230.
- ATM implied volatility 31.6%