PTON gamma levels.

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

• PTON $5.28 · up 0.19% on the day · positive gamma overall (moves grind and levels hold)
• Levels: ★ Volt, the biggest level 7 (above price · 1.72 / 32.58% away); ↯ Surge, live flow 5.5 (above price · 0.22 / 4.17% away); ‖ call wall — ceiling, sticky 7 (above price · 1.72 / 32.58% away); ‖ put wall — floor, slippery 4 (below price · 1.28 / 24.24% away); ↘ Reversal 4 (below price · 1.28 / 24.24% away)
• Expected move today ±0.27
• Strikes nearest the money (high to low): 6.5 positive, 6 positive, 5.5 positive, 5 positive, 4.5 negative, 4 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 6.
• Event pricing: the options market prices an unusually large move into 2026-11-06 (±$1.03 by that date, about 2.3x 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 57.9%