PCAR gamma levels.
Where PCAR tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- PCAR $102.43 · up 0.01% on the day · negative gamma overall (moves tend to extend)
- Levels: ★ Volt, the biggest level 105 (above price · 2.57 / 2.51% away); ↯ Surge, live flow 105 (above price · 2.57 / 2.51% away); ‖ call wall — ceiling, sticky 138.6 (above price · 36.17 / 35.31% away); ‖ put wall — slippery, but above price · not a floor from here 105 (above price · 2.57 / 2.51% away)
- Expected move today ±7.84 · pre-open reference
- Strikes nearest the money (high to low): 110.6 negative, 105 negative, 103.6 negative, 75.6 negative, 70 negative, 68.6 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 faded at 105.
- ATM implied volatility 36.8%