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 $600.61 · up 0.77% on the day · positive gamma overall (moves grind and levels hold)
• Levels: ★ Volt — biggest level 615 (above price · 14.39 / 2.40% away); ↯ Surge — live flow 590 (below price · 10.61 / 1.77% away); ‖ call wall — ceiling, sticky 615 (above price · 14.39 / 2.40% away); ‖ put wall — floor, slippery 530 (below price · 70.61 / 11.76% away); ⚡ gamma flip 585.76 (below price · 14.85 / 2.47% away); ↘ Reversal 530 (below price · 70.61 / 11.76% away)
• Expected move today ±12.0 · pre-open reference
• Strikes nearest the money (high to low): 607.5 positive, 605 positive, 602.5 positive, 600 positive, 597.5 positive, 595 positive
• Since yesterday's close, positioning grew at 440, 615, 620 and faded at 600, 605, 610.
• ATM implied volatility 35.5%