SCHD gamma levels.

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

• SCHD $34.90 · up 0.20% on the day · positive gamma overall (sticky: moves grind and levels hold)
• Levels: ★ Volt — biggest level 35 (above price · 0.10 / 0.29% away); ↯ Surge — live flow 35 (above price · 0.10 / 0.29% away); ‖ call wall — ceiling, sticky 35 (above price · 0.10 / 0.29% away); ‖ put wall — floor, slippery 32 (below price · 2.90 / 8.31% away); ⚡ gamma flip 32.44 (below price · 2.46 / 7.05% away); ↘ Reversal 32 (below price · 2.90 / 8.31% away)
• Expected move today ±0.24
• Strikes nearest the money (high to low): 36 sticky, 35.5 sticky, 35 sticky, 34.5 sticky, 34 sticky, 33.5 slippery
• Weekly magnet confluence: the next 4 weekly expirations put their biggest positive-gamma level below price (agreement of positioning, not a prediction).
• Since yesterday's close, positioning faded at 34, 34.5, 35.
• Event pricing: the options market prices an unusually large move into 2026-09-25 (±$1.15 by that date, about 1.7x 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 8.7%