SPYD gamma levels.

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

• SPYD $45.98 · up 0.44% on the day · negative gamma overall (moves tend to extend)
• Levels: ★ Volt, the biggest level 48 (above price · 2.02 / 4.39% away); ↯ Surge, live flow 46 (above price · 0.02 / 0.04% away); ‖ call wall — ceiling, sticky 46 (above price · 0.02 / 0.04% away); ‖ put wall — slippery, but above price · not a floor from here 48 (above price · 2.02 / 4.39% away); ⚡ gamma flip 42.75 (below price · 3.23 / 7.02% away); ↘ Reversal 47 (above price · 1.02 / 2.22% away)
• Expected move today ±1.09
• Strikes nearest the money (high to low): 48 negative, 47 positive, 46 positive, 45 positive, 44 negative, 43 positive
• 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 46, 47, 48.
• ATM implied volatility 21.2%