SPYD gamma levels.
Where SPYD tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, in plain English, 15-minute delayed and free.
- SPYD $50.01 · up 0.06% on the day · positive gamma overall (sticky: moves grind and levels hold)
- Levels: ★ Volt — biggest level 48 (below price · 2.01 / 4.02% away); ↯ Surge — live flow 49 (below price · 1.01 / 2.02% away); ‖ call wall — sticky, but below price · not a ceiling from here 49 (below price · 1.01 / 2.02% away); ‖ put wall — floor, slippery 48 (below price · 2.01 / 4.02% away); ⚡ gamma flip 46.95 (below price · 3.06 / 6.12% away); ↘ Reversal 49 (below price · 1.01 / 2.02% away)
- Expected move today ±1.36
- Strikes nearest the money (high to low): 53 sticky, 52 sticky, 51 sticky, 50 sticky, 49 sticky, 48 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 grew at 50 and faded at 42.
- ATM implied volatility 10.6%