TXN gamma levels.

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

• TXN $268.76 · down 0.98% on the day · positive gamma overall (moves grind and levels hold)
• Levels: ★ Volt — biggest level 272.5 (above price · 3.74 / 1.39% away); ↯ Surge — live flow 280 (above price · 11.24 / 4.18% away); ‖ call wall — ceiling, sticky 272.5 (above price · 3.74 / 1.39% away); ‖ put wall — floor, slippery 260 (below price · 8.76 / 3.26% away); ⚡ gamma flip 254.98 (below price · 13.78 / 5.13% away); ↘ Reversal 260 (below price · 8.76 / 3.26% away)
• Expected move today ±9.90 · pre-open reference
• Strikes nearest the money (high to low): 275 positive, 272.5 positive, 270 positive, 267.5 positive, 265 positive, 262.5 negative
• Since yesterday's close, positioning grew at 250, 260, 265 and faded at 270.
• Event pricing: the options market prices an unusually large move into 2026-10-23 (±$36.41 by that date, about 1.8x this board's normal daily move). On single names this is usually an earnings report. Descriptive of the market's own pricing, never a forecast.
• ATM implied volatility 41.1%