PAA gamma levels.

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

• PAA $26.36 · up 1.15% on the day · positive gamma overall (moves grind and levels hold)
• Levels: ★ Volt — biggest level 25 (below price · 1.36 / 5.16% away); ↯ Surge — live flow 26 (below price · 0.36 / 1.37% away); ‖ call wall — sticky, but below price · not a ceiling from here 25 (below price · 1.36 / 5.16% away); ‖ put wall — floor, slippery 25.5 (below price · 0.86 / 3.26% away)
• Expected move today ±0.75 · pre-open reference
• Strikes nearest the money (high to low): 27.5 positive, 27 positive, 26.5 positive, 26 positive, 25.5 negative, 25 positive
• Weekly magnet confluence: the next 4 weekly expirations put their biggest positive-gamma level below price (agreement of positioning, not a prediction).
• Since yesterday's close, positioning faded at 25.
• ATM implied volatility 24.6%