STLA gamma levels.

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

• STLA $5.24 · down 3.32% on the day · positive gamma overall (moves grind and levels hold)
• Levels: ★ Volt — biggest level 5 (below price · 0.24 / 4.58% away); ↯ Surge — live flow 5.5 (above price · 0.26 / 4.96% away); ‖ call wall — ceiling, sticky 7 (above price · 1.76 / 33.59% away); ‖ put wall — floor, slippery 5 (below price · 0.24 / 4.58% away); ⚡ gamma flip 5.05 (below price · 0.19 / 3.63% away); ↘ Reversal 7 (above price · 1.76 / 33.59% away)
• Expected move today ±0.33 · pre-open reference
• Strikes nearest the money (high to low): 6.5 positive, 6 positive, 5.5 positive, 5 negative, 4.5 negative, 4 negative
• Since yesterday's close, positioning grew at 5 and faded at 5.5, 6, 7.
• Event pricing: the options market prices an unusually large move into 2026-10-02 (±$0.72 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 58.1%