SMH gamma levels.
Where SMH tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- SMH $463.96 · up 0.00% on the day · negative gamma overall (moves tend to extend)
- Levels: ★ Volt, the biggest level 445 (below price · 18.96 / 4.09% away); ↯ Surge, live flow 470 (above price · 6.04 / 1.30% away); ‖ call wall — ceiling, sticky 625 (above price · 161.04 / 34.71% away); ‖ put wall — floor, slippery 445 (below price · 18.96 / 4.09% away); ↘ Reversal 625 (above price · 161.04 / 34.71% away)
- Expected move today ±20.4 · pre-open reference
- Strikes nearest the money (high to low): 470 negative, 467.5 positive, 465 negative, 462.5 negative, 460 negative, 457.5 negative
- Since yesterday's close, positioning grew at 350, 400, 445 and faded at 465, 470, 500.
- ATM implied volatility 50.0%