UAL gamma levels.
Where UAL tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- UAL $104.44 · down 2.81% on the day · negative gamma overall (moves tend to extend)
- Levels: ★ Volt, the biggest level 105 (above price · 0.56 / 0.54% away); ↯ Surge, live flow 105 (above price · 0.56 / 0.54% away); ‖ call wall — ceiling, sticky 120 (above price · 15.56 / 14.90% away); ‖ put wall — slippery, but above price · not a floor from here 105 (above price · 0.56 / 0.54% away); ⚡ gamma flip 106.26 (above price · 1.82 / 1.74% away); ↘ Reversal 120 (above price · 15.56 / 14.90% away)
- Expected move today ±5.40
- Strikes nearest the money (high to low): 107 negative, 106 negative, 105 negative, 104 negative, 103 negative, 102 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 105, 110, 111 and faded at 115, 120, 125.
- ATM implied volatility 44.1%