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 $4.74 · up 1.28% on the day · negative gamma overall (moves tend to extend)
• Levels: ★ Volt, the biggest level 4.5 (below price · 0.24 / 5.06% away); ↯ Surge, live flow 4.5 (below price · 0.24 / 5.06% away); ‖ call wall — ceiling, sticky 5 (above price · 0.26 / 5.49% away); ‖ put wall — floor, slippery 4.5 (below price · 0.24 / 5.06% away); ⚡ gamma flip 4.78 (above price · 0.04 / 0.84% away); ↘ Reversal 5 (above price · 0.26 / 5.49% away)
• Expected move today ±0.26
• Strikes nearest the money (high to low): 6 positive, 5.5 positive, 5 positive, 4.5 negative, 4 negative, 3.5 negative
• Since yesterday's close, positioning grew at 4.5, 5.
• Event pricing: the options market prices an unusually large move into 2026-12-11 (±$2.11 by that date, about 5.6x 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 90.1%