PL gamma levels.

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

• PL $12.55 · up 0.00% on the day · negative gamma overall (moves tend to extend)
• Levels: ★ Volt, the biggest level 14 (above price · 1.45 / 11.55% away); ↯ Surge, live flow 13 (above price · 0.45 / 3.59% away); ‖ call wall — ceiling, sticky 20 (above price · 7.45 / 59.36% away); ‖ put wall — slippery, but above price · not a floor from here 14 (above price · 1.45 / 11.55% away); ↘ Reversal 20 (above price · 7.45 / 59.36% away)
• Expected move today ±1.55 · pre-open reference
• Strikes nearest the money (high to low): 14 negative, 13.5 negative, 13 negative, 12.5 negative, 12 negative, 11.5 positive
• Since yesterday's close, positioning grew at 14, 15, 20 and faded at 12, 12.5, 27.
• Event pricing: the options market prices an unusually large move into 2026-12-11 (±$3.93 by that date, about 2.1x 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 81.4%