FE gamma levels.

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

• FE $43.64 · up 0.69% on the day · positive gamma overall (moves grind and levels hold)
• Levels: ★ Volt, the biggest level 44 (above price · 0.36 / 0.82% away); ↯ Surge, live flow 44 (above price · 0.36 / 0.82% away); ‖ call wall — ceiling, sticky 44 (above price · 0.36 / 0.82% away); ‖ put wall — slippery, but above price · not a floor from here 45 (above price · 1.36 / 3.12% away); ⚡ gamma flip 39.15 (below price · 4.49 / 10.29% away); ↘ Reversal 45 (above price · 1.36 / 3.12% away)
• Expected move today ±2.41
• Strikes nearest the money (high to low): 46 positive, 45 negative, 44 positive, 43 positive, 42 negative, 41 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 44 and faded at 45.
• ATM implied volatility 18.5%