SO gamma levels.

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

• SO $88.25 · down 0.90% on the day · negative gamma overall (slippery: moves tend to extend)
• Levels: ★ Volt — biggest level 100 (above price · 11.75 / 13.31% away); ↯ Surge — live flow 88 (below price · 0.25 / 0.28% away); ‖ call wall — ceiling, sticky 100 (above price · 11.75 / 13.31% away); ‖ put wall — floor, slippery 87.5 (below price · 0.75 / 0.85% away); ⚡ gamma flip 88.53 (above price · 0.28 / 0.32% away); ↘ Reversal 87.5 (below price · 0.75 / 0.85% away)
• Expected move today ±0.39
• Strikes nearest the money (high to low): 90 slippery, 89 slippery, 88 slippery, 87.5 slippery, 87 slippery, 86 slippery
• Since yesterday's close, positioning grew at 87.5, 89, 100 and faded at 88, 90, 94.
• Event pricing: the options market prices an unusually large move into 2026-09-18 (±$4.33 by that date, about 2x 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 16.6%