GIS gamma levels.

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

• GIS $31.68 · down 1.03% on the day · negative gamma overall (moves tend to extend)
• Levels: ★ Volt, the biggest level 35 (above price · 3.32 / 10.48% away); ↯ Surge, live flow 30 (below price · 1.68 / 5.30% away); ‖ call wall — ceiling, sticky 37.5 (above price · 5.82 / 18.37% away); ‖ put wall — slippery, but above price · not a floor from here 35 (above price · 3.32 / 10.48% away); ↘ Reversal 37.5 (above price · 5.82 / 18.37% away)
• Expected move today ±2.32
• Strikes nearest the money (high to low): 37.5 positive, 35 negative, 32.5 negative, 30 negative, 27.5 negative, 25 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 faded at 35.
• ATM implied volatility 41.2%