OTIS gamma levels.
Where OTIS tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, in plain English, 15-minute delayed and free.
- OTIS $71.74 · up 0.36% on the day · positive gamma overall (sticky: moves grind and levels hold)
- Levels: ★ Volt — biggest level 72.5 (above price · 0.76 / 1.06% away); ↯ Surge — live flow 70 (below price · 1.74 / 2.43% away); ‖ call wall — ceiling, sticky 72.5 (above price · 0.76 / 1.06% away); ‖ put wall — floor, slippery 65 (below price · 6.74 / 9.40% away); ↘ Reversal 65 (below price · 6.74 / 9.40% away)
- Expected move today ±3.15
- Strikes nearest the money (high to low): 77.5 sticky, 75 sticky, 72.5 sticky, 70 sticky, 67.5 sticky, 65 slippery
- Since yesterday's close, positioning grew at 70 and faded at 67.5, 80.
- ATM implied volatility 19.1%