SCHW gamma levels.
Where SCHW tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- SCHW $99.50 · down 0.85% on the day · negative gamma overall (moves tend to extend)
- Levels: ★ Volt — biggest level 105 (above price · 5.50 / 5.53% away); ↯ Surge — live flow 97 (below price · 2.50 / 2.51% away); ‖ call wall — ceiling, sticky 105 (above price · 5.50 / 5.53% away); ‖ put wall — slippery, but above price · not a floor from here 100 (above price · 0.50 / 0.50% away); ⚡ gamma flip 100.04 (above price · 0.54 / 0.54% away); ↘ Reversal 100 (above price · 0.50 / 0.50% away)
- Expected move today ±3.10
- Strikes nearest the money (high to low): 102 negative, 101 negative, 100 negative, 99 negative, 98 negative, 97.5 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 95, 97, 101 and faded at 110.
- ATM implied volatility 31.6%