KHC gamma levels.

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

• KHC $22.45 · up 0.81% on the day · positive gamma overall (moves grind and levels hold)
• Levels: ★ Volt, the biggest level 22 (below price · 0.45 / 2.00% away); ↯ Surge, live flow 23 (above price · 0.55 / 2.45% away); ‖ call wall — sticky, but below price · not a ceiling from here 22 (below price · 0.45 / 2.00% away); ‖ put wall — floor, slippery 20 (below price · 2.45 / 10.91% away); ⚡ gamma flip 21.06 (below price · 1.39 / 6.19% away); ↘ Reversal 20 (below price · 2.45 / 10.91% away)
• Expected move today ±0.88
• Strikes nearest the money (high to low): 23.5 positive, 23 positive, 22.5 positive, 22 positive, 21.5 negative, 21 negative
• Since yesterday's close, positioning grew at 22.5, 23 and faded at 22.
• Event pricing: the options market prices an unusually large move into 2026-11-20 (±$2.19 by that date, about 1.8x 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 29.3%