MELI gamma levels.
Where MELI tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, in plain English, 15-minute delayed and free.
- MELI $1966.25 · up 1.84% on the day · positive gamma overall (sticky: moves grind and levels hold)
- Levels: ★ Volt — biggest level 2100 (above price · 133.75 / 6.80% away); ↯ Surge — live flow 1895 (below price · 71.25 / 3.62% away); ‖ call wall — ceiling, sticky 2100 (above price · 133.75 / 6.80% away); ‖ put wall — floor, slippery 1600 (below price · 366.25 / 18.63% away); ⚡ gamma flip 1855.31 (below price · 110.94 / 5.64% away); ↘ Reversal 1600 (below price · 366.25 / 18.63% away)
- Expected move today ±23.3
- Strikes nearest the money (high to low): 1980 slippery, 1975 slippery, 1970 sticky, 1965 sticky, 1960 slippery, 1955 sticky
- Since yesterday's close, positioning grew at 1950, 2100, 2240 and faded at 1885, 1910, 1965.
- ATM implied volatility 31.6%