MCHP gamma levels.

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

• MCHP $58.35 · up 0.00% on the day · positive gamma overall (moves grind and levels hold)
• Levels: ★ Volt, the biggest level 70 (above price · 11.65 / 19.97% away); ↯ Surge, live flow 60 (above price · 1.65 / 2.83% away); ‖ call wall — ceiling, sticky 70 (above price · 11.65 / 19.97% away); ‖ put wall — slippery, but above price · not a floor from here 60 (above price · 1.65 / 2.83% away); ↘ Reversal 60 (above price · 1.65 / 2.83% away)
• Expected move today ±7.47 · pre-open reference
• Strikes nearest the money (high to low): 62 negative, 61 negative, 60 negative, 59 negative, 57.5 negative, 55 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 faded at 70, 82, 84.
• ATM implied volatility 89.9%