ITW gamma levels.
Where ITW tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- ITW $265.11 · up 0.37% on the day · positive gamma overall (moves grind and levels hold)
- Levels: ★ Volt, the biggest level 270 (above price · 4.89 / 1.84% away); ↯ Surge, live flow 270 (above price · 4.89 / 1.84% away); ‖ call wall — ceiling, sticky 270 (above price · 4.89 / 1.84% away); ‖ put wall — floor, slippery 260 (below price · 5.11 / 1.93% away); ↘ Reversal 260 (below price · 5.11 / 1.93% away)
- Expected move today ±8.55
- Strikes nearest the money (high to low): 290 positive, 280 positive, 270 positive, 260 negative, 250 negative, 240 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 270.
- ATM implied volatility 23.3%