LUV gamma levels.
Where LUV tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- LUV $41.85 · down 1.46% on the day · positive gamma overall (moves grind and levels hold)
- Levels: ★ Volt, the biggest level 42.5 (above price · 0.65 / 1.55% away); ↯ Surge, live flow 40.5 (below price · 1.35 / 3.23% away); ‖ call wall — ceiling, sticky 42.5 (above price · 0.65 / 1.55% away); ‖ put wall — floor, slippery 37.5 (below price · 4.35 / 10.39% away); ↘ Reversal 37.5 (below price · 4.35 / 10.39% away)
- Expected move today ±3.33
- Strikes nearest the money (high to low): 43 positive, 42.5 positive, 42 positive, 41.5 positive, 41 negative, 40.5 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 42.5, 45, 50 and faded at 47.5.
- ATM implied volatility 56.6%