RARE gamma levels.

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

• RARE $17.28 · up 0.47% on the day · positive gamma overall (moves grind and levels hold)
• Levels: ★ Volt, the biggest level 17.5 (above price · 0.22 / 1.27% away); ↯ Surge, live flow 16 (below price · 1.28 / 7.41% away); ‖ call wall — ceiling, sticky 17.5 (above price · 0.22 / 1.27% away); ‖ put wall — floor, slippery 12.5 (below price · 4.78 / 27.66% away); ↘ Reversal 12.5 (below price · 4.78 / 27.66% away)
• Expected move today ±1.40 · pre-open reference
• Strikes nearest the money (high to low): 18.5 positive, 18 positive, 17.5 positive, 17 positive, 16.5 positive, 16 positive
• Since yesterday's close, positioning grew at 17.5, 20.
• Event pricing: the options market prices an unusually large move into 2026-12-04 (±$4.18 by that date, about 2.5x 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 129.5%