HYG gamma levels.

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

• HYG $77.29 · up 0.08% on the day · negative gamma overall (moves tend to extend)
• Levels: ★ Volt, the biggest level 77 (below price · 0.29 / 0.38% away); ↯ Surge, live flow 77 (below price · 0.29 / 0.38% away); ‖ call wall — ceiling, sticky 80 (above price · 2.71 / 3.51% away); ‖ put wall — floor, slippery 77 (below price · 0.29 / 0.38% away); ⚡ gamma flip 78.39 (above price · 1.10 / 1.42% away); ↘ Reversal 80 (above price · 2.71 / 3.51% away)
• Expected move today ±0.60
• Strikes nearest the money (high to low): 78.5 positive, 78 negative, 77.5 negative, 77 negative, 76.5 negative, 76 negative
• Since yesterday's close, positioning grew at 77, 77.5, 78 and faded at 81.
• Event pricing: the options market prices an unusually large move into 2026-11-06 (±$1.31 by that date, about 2.2x 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 5.9%