ONTO gamma levels.
Where ONTO tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- ONTO $273.74 · down 7.06% on the day · negative gamma overall (moves tend to extend)
- Levels: ★ Volt, the biggest level 330 (above price · 56.26 / 20.55% away); ‖ call wall — ceiling, sticky 330 (above price · 56.26 / 20.55% away); ‖ put wall — slippery, but above price · not a floor from here 280 (above price · 6.26 / 2.29% away); ⚡ gamma flip 276.37 (above price · 2.63 / 0.96% away); ↘ Reversal 280 (above price · 6.26 / 2.29% away)
- Expected move today ±24.1
- Strikes nearest the money (high to low): 300 positive, 290 negative, 280 negative, 270 negative, 260 negative, 250 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 210, 240, 260 and faded at 320, 330, 350.
- ATM implied volatility 74.5%