STLD gamma levels.

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

• STLD $234.66 · down 0.50% on the day · positive gamma overall (sticky: moves grind and levels hold)
• Levels: ★ Volt — biggest level 260 (above price · 25.34 / 10.80% away); ↯ Surge — live flow 260 (above price · 25.34 / 10.80% away); ‖ call wall — ceiling, sticky 260 (above price · 25.34 / 10.80% away); ‖ put wall — floor, slippery 220 (below price · 14.66 / 6.25% away); ↘ Reversal 220 (below price · 14.66 / 6.25% away)
• Expected move today ±23.1
• Strikes nearest the money (high to low): 260 sticky, 250 sticky, 240 sticky, 230 slippery, 220 slippery, 210 slippery
• Weekly magnet confluence: the next 4 weekly expirations put their biggest positive-gamma level below price (agreement of positioning, not a prediction).
• ATM implied volatility 40.5%