MELI gamma levels.

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

• MELI $1892.44 · up 0.14% on the day · positive gamma overall (moves grind and levels hold)
• Levels: ★ Volt, the biggest level 1900 (above price · 7.56 / 0.40% away); ↯ Surge, live flow 1920 (above price · 27.56 / 1.46% away); ‖ call wall — ceiling, sticky 1900 (above price · 7.56 / 0.40% away); ‖ put wall — floor, slippery 1700 (below price · 192.44 / 10.17% away); ⚡ gamma flip 1825.38 (below price · 67.06 / 3.54% away); ↘ Reversal 1700 (below price · 192.44 / 10.17% away)
• Expected move today ±80.3
• Strikes nearest the money (high to low): 1905 positive, 1900 positive, 1895 positive, 1890 negative, 1885 positive, 1880 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 1860, 1900, 1910.
• Event pricing: the options market prices an unusually large move into 2026-11-06 (±$232.80 by that date, about 1.9x 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 33.3%