TCOM gamma levels.
Where TCOM tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- TCOM $39.56 · up 1.25% on the day · negative gamma overall (moves tend to extend)
- Levels: ★ Volt — biggest level 40 (above price · 0.44 / 1.11% away); ↯ Surge — live flow 50 (above price · 10.44 / 26.39% away); ‖ call wall — ceiling, sticky 50 (above price · 10.44 / 26.39% away); ‖ put wall — slippery, but above price · not a floor from here 40 (above price · 0.44 / 1.11% away); ↘ Reversal 50 (above price · 10.44 / 26.39% away)
- Expected move today ±3.45 · pre-open reference
- Strikes nearest the money (high to low): 45 negative, 43 negative, 40 negative, 38 negative, 35 negative, 33 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.
- ATM implied volatility 63.1%