IOT gamma levels.
Where IOT tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, in plain English, 15-minute delayed and free.
- IOT $41.16 · down 1.70% on the day · positive gamma overall (sticky: moves grind and levels hold)
- Levels: ★ Volt — biggest level 45 (above price · 3.84 / 9.33% away); ↯ Surge — live flow 39.5 (below price · 1.66 / 4.03% away); ‖ call wall — ceiling, sticky 45 (above price · 3.84 / 9.33% away); ‖ put wall — floor, slippery 28 (below price · 13.16 / 31.97% away); ↘ Reversal 28 (below price · 13.16 / 31.97% away)
- Expected move today ±1.58
- Strikes nearest the money (high to low): 42.5 sticky, 42 sticky, 41.5 sticky, 41 sticky, 40.5 slippery, 40 sticky
- Weekly magnet confluence: the next 4 weekly expirations put their biggest positive-gamma level below price (agreement of positioning, not a prediction).
- Since yesterday's close, positioning faded at 41.5, 42, 42.5.
- ATM implied volatility 104.0%