FCX gamma levels.
Where FCX tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, in plain English, 15-minute delayed and free.
- FCX $76.47 · down 2.49% on the day · positive gamma overall (sticky: moves grind and levels hold)
- Levels: ★ Volt — biggest level 80 (above price · 3.53 / 4.62% away); ‖ call wall — ceiling, sticky 80 (above price · 3.53 / 4.62% away); ‖ put wall — floor, slippery 65 (below price · 11.47 / 15.00% away); ↘ Reversal 65 (below price · 11.47 / 15.00% away)
- Expected move today ±1.20
- Strikes nearest the money (high to low): 82.5 sticky, 80 sticky, 77.5 sticky, 75 sticky, 72.5 slippery, 70 sticky
- Since yesterday's close, positioning grew at 75 and faded at 80.
- ATM implied volatility 47.8%