SCHD gamma levels.
Where SCHD tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- SCHD $33.26 · up 0.67% on the day · negative gamma overall (moves tend to extend)
- Levels: ★ Volt, the biggest level 35 (above price · 1.74 / 5.23% away); ↯ Surge, live flow 33 (below price · 0.26 / 0.78% away); ‖ call wall — ceiling, sticky 35 (above price · 1.74 / 5.23% away); ‖ put wall — slippery, but above price · not a floor from here 34 (above price · 0.74 / 2.22% away); ⚡ gamma flip 33.37 (above price · 0.11 / 0.33% away); ↘ Reversal 34 (above price · 0.74 / 2.22% away)
- Expected move today ±0.56
- Strikes nearest the money (high to low): 34.5 negative, 34 negative, 33.5 positive, 33 negative, 32.5 negative, 32 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 33.5, 34, 35 and faded at 32, 32.5, 33.
- ATM implied volatility 11.6%