O gamma levels.
Where O tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- O $54.70 · up 0.96% on the day · negative gamma overall (moves tend to extend)
- Levels: ★ Volt, the biggest level 55 (above price · 0.30 / 0.55% away); ↯ Surge, live flow 55 (above price · 0.30 / 0.55% away); ‖ call wall — ceiling, sticky 57.5 (above price · 2.80 / 5.12% away); ‖ put wall — slippery, but above price · not a floor from here 55 (above price · 0.30 / 0.55% away); ⚡ gamma flip 54.84 (above price · 0.14 / 0.26% away); ↘ Reversal 57.5 (above price · 2.80 / 5.12% away)
- Expected move today ±1.50
- Strikes nearest the money (high to low): 60 positive, 57.5 positive, 55 negative, 52.5 negative, 50 negative, 47.5 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 grew at 55 and faded at 57.5.
- ATM implied volatility 19.9%