PEP gamma levels.
Where PEP tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- PEP $128.63 · up 0.00% on the day · negative gamma overall (moves tend to extend)
- Levels: ★ Volt — biggest level 140 (above price · 11.37 / 8.84% away); ↯ Surge — live flow 132 (above price · 3.37 / 2.62% away); ‖ call wall — ceiling, sticky 140 (above price · 11.37 / 8.84% away); ‖ put wall — slippery, but above price · not a floor from here 130 (above price · 1.37 / 1.07% away); ⚡ gamma flip 129.67 (above price · 1.04 / 0.81% away); ↘ Reversal 130 (above price · 1.37 / 1.07% away)
- Expected move today ±3.37 · pre-open reference
- Strikes nearest the money (high to low): 131 positive, 130 negative, 129 negative, 128 negative, 127 negative, 126 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 130, 155 and faded at 127, 128, 134.
- ATM implied volatility 18.7%