STWD gamma levels.

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

• STWD $15.81 · down 0.82% on the day · negative gamma overall (slippery: moves tend to extend)
• Levels: ★ Volt — biggest level 16 (above price · 0.19 / 1.20% away); ↯ Surge — live flow 16 (above price · 0.19 / 1.20% away); ‖ call wall — ceiling, sticky 20 (above price · 4.19 / 26.50% away); ‖ put wall — slippery, but above price · not a floor from here 16 (above price · 0.19 / 1.20% away); ⚡ gamma flip 17.46 (above price · 1.65 / 10.44% away); ↘ Reversal 20 (above price · 4.19 / 26.50% away)
• Expected move today ±0.67
• Strikes nearest the money (high to low): 18 slippery, 17 slippery, 16 slippery, 15 slippery, 14 slippery, 13 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 16.
• ATM implied volatility 15.4%