SAP gamma levels.

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

• SAP $233.33 · down 1.52% on the day · positive gamma overall (moves grind and levels hold)
• Levels: ★ Volt, the biggest level 230 (below price · 3.33 / 1.43% away); ↯ Surge, live flow 230 (below price · 3.33 / 1.43% away); ‖ call wall — ceiling, sticky 250 (above price · 16.67 / 7.14% away); ‖ put wall — floor, slippery 230 (below price · 3.33 / 1.43% away); ⚡ gamma flip 232.05 (below price · 1.28 / 0.55% away); ↘ Reversal 250 (above price · 16.67 / 7.14% away)
• Expected move today ±9.44 · pre-open reference
• Strikes nearest the money (high to low): 240 positive, 237.5 positive, 235 positive, 232.5 negative, 230 negative, 227.5 negative
• Weekly magnet confluence: the next 4 weekly expirations put their biggest positive-gamma level below price (agreement of positioning, not a prediction).
• ATM implied volatility 55.6%