PATH gamma levels.

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

• PATH $13.00 · up 0.00% on the day · positive gamma overall (moves grind and levels hold)
• Levels: ★ Volt, the biggest level 15 (above price · 2.00 / 15.38% away); ↯ Surge, live flow 14.5 (above price · 1.50 / 11.54% away); ‖ call wall — ceiling, sticky 15 (above price · 2.00 / 15.38% away); ‖ put wall — floor, slippery 10 (below price · 3.00 / 23.08% away); ↘ Reversal 10 (below price · 3.00 / 23.08% away)
• Expected move today ±0.92 · pre-open reference
• Strikes nearest the money (high to low): 14.5 positive, 14 positive, 13.5 positive, 13 negative, 12.5 negative, 12 negative
• Since yesterday's close, positioning faded at 13, 13.5, 14.5.
• Event pricing: the options market prices an unusually large move into 2026-12-04 (±$2.73 by that date, about 2.4x this board's normal daily move). On single names this is usually an earnings report. Descriptive of the market's own pricing, never a forecast.
• ATM implied volatility 50.0%