HON gamma levels.
Where HON tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- HON $209.64 · up 0.92% on the day · positive gamma overall (moves grind and levels hold)
- Levels: ★ Volt, the biggest level 220 (above price · 10.36 / 4.94% away); ↯ Surge, live flow 215 (above price · 5.36 / 2.56% away); ‖ call wall — ceiling, sticky 220 (above price · 10.36 / 4.94% away); ‖ put wall — slippery, but above price · not a floor from here 210 (above price · 0.36 / 0.17% away); ⚡ gamma flip 207.89 (below price · 1.75 / 0.83% away); ↘ Reversal 210 (above price · 0.36 / 0.17% away)
- Expected move today ±7.65
- Strikes nearest the money (high to low): 215 positive, 212.5 positive, 210 negative, 207.5 negative, 205 negative, 202.5 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 210, 220, 230 and faded at 190, 195, 200.
- Event pricing: the options market prices an unusually large move into 2026-10-23 (±$14.79 by that date, about 1.8x 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 25.3%