TAP gamma levels.
Where TAP tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- TAP $39.19 · down 0.13% on the day · positive gamma overall (moves grind and levels hold)
- Levels: ★ Volt, the biggest level 42.5 (above price · 3.31 / 8.45% away); ↯ Surge, live flow 42.5 (above price · 3.31 / 8.45% away); ‖ call wall — ceiling, sticky 42.5 (above price · 3.31 / 8.45% away); ‖ put wall — slippery, but above price · not a floor from here 40 (above price · 0.81 / 2.07% away); ⚡ gamma flip 38.96 (below price · 0.23 / 0.59% away); ↘ Reversal 40 (above price · 0.81 / 2.07% away)
- Expected move today ±3.80 · pre-open reference
- Strikes nearest the money (high to low): 45 positive, 42.5 positive, 40 negative, 37.5 negative, 35 negative, 32.5 negative
- Weekly magnet confluence: the next 4 weekly expirations put their biggest positive-gamma level above price (agreement of positioning, not a prediction).
- Since yesterday's close, positioning grew at 40, 42.5.
- ATM implied volatility 36.3%