STM gamma levels.
Where STM tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, in plain English, 15-minute delayed and free.
- STM $49.38 · down 3.82% on the day · positive gamma overall (sticky: moves grind and levels hold)
- Levels: ★ Volt — biggest level 60 (above price · 10.62 / 21.51% away); ↯ Surge — live flow 54 (above price · 4.62 / 9.36% away); ‖ call wall — ceiling, sticky 60 (above price · 10.62 / 21.51% away); ‖ put wall — floor, slippery 47 (below price · 2.38 / 4.82% away); ⚡ gamma flip 46.24 (below price · 3.14 / 6.36% away); ↘ Reversal 47 (below price · 2.38 / 4.82% away)
- Expected move today ±0.80
- Strikes nearest the money (high to low): 51 slippery, 50 slippery, 49.5 sticky, 49 slippery, 48.5 slippery, 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 45, 50, 54 and faded at 52, 53, 55.
- ATM implied volatility 41.2%