IT gamma levels.
Where IT tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- IT $187.23 · up 4.84% on the day · negative gamma overall (moves tend to extend)
- Levels: ★ Volt — biggest level 190 (above price · 2.77 / 1.48% away); ↯ Surge — live flow 200 (above price · 12.77 / 6.82% away); ‖ call wall — sticky, but below price · not a ceiling from here 175 (below price · 12.23 / 6.53% away); ‖ put wall — slippery, but above price · not a floor from here 190 (above price · 2.77 / 1.48% away); ⚡ gamma flip 165.7 (below price · 21.53 / 11.50% away); ↘ Reversal 175 (below price · 12.23 / 6.53% away)
- Expected move today ±14.1 · pre-open reference
- Strikes nearest the money (high to low): 200 positive, 195 positive, 190 negative, 185 negative, 180 negative, 175 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 180, 185, 190.
- ATM implied volatility 46.2%