IBM gamma levels.
Where IBM tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- IBM $245.00 · up 0.00% on the day · positive gamma overall (moves grind and levels hold)
- Levels: ★ Volt, the biggest level 260 (above price · 15.00 / 6.12% away); ↯ Surge, live flow 255 (above price · 10.00 / 4.08% away); ‖ call wall — ceiling, sticky 260 (above price · 15.00 / 6.12% away); ‖ put wall — floor, slippery 230 (below price · 15.00 / 6.12% away); ⚡ gamma flip 233.77 (below price · 11.23 / 4.58% away); ↘ Reversal 230 (below price · 15.00 / 6.12% away)
- Expected move today ±12.4 · pre-open reference
- Strikes nearest the money (high to low): 252.5 positive, 250 positive, 247.5 negative, 245 positive, 242.5 negative, 240 positive
- 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 230, 240, 245 and faded at 242.5, 265, 270.
- ATM implied volatility 35.6%