RIG gamma levels.
Where RIG tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- RIG $5.51 · up 6.58% on the day · positive gamma overall (moves grind and levels hold)
- Levels: ★ Volt, the biggest level 7 (above price · 1.49 / 27.04% away); ↯ Surge, live flow 5.5 (below price · 0.01 / 0.18% away); ‖ call wall — ceiling, sticky 7 (above price · 1.49 / 27.04% away); ‖ put wall — floor, slippery 5.5 (below price · 0.01 / 0.18% away); ⚡ gamma flip 5.25 (below price · 0.26 / 4.72% away); ↘ Reversal 5.5 (below price · 0.01 / 0.18% away)
- Expected move today ±0.30
- Strikes nearest the money (high to low): 7 positive, 6.5 positive, 6 positive, 5.5 negative, 5 negative, 4.5 negative
- Since yesterday's close, positioning grew at 6, 7, 10 and faded at 4.
- ATM implied volatility 47.5%