UMAC gamma levels.
Where UMAC tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- UMAC $19.64 · down 5.71% on the day · negative gamma overall (moves tend to extend)
- Levels: ★ Volt, the biggest level 20 (above price · 0.36 / 1.83% away); ↯ Surge, live flow 20.5 (above price · 0.86 / 4.38% away); ‖ call wall — ceiling, sticky 30 (above price · 10.36 / 52.75% away); ‖ put wall — slippery, but above price · not a floor from here 20 (above price · 0.36 / 1.83% away); ⚡ gamma flip 21.47 (above price · 1.83 / 9.32% away); ↘ Reversal 30 (above price · 10.36 / 52.75% away)
- Expected move today ±1.75
- Strikes nearest the money (high to low): 21 negative, 20.5 negative, 20 negative, 19.5 negative, 19 negative, 18.5 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 17.5, 19.5, 20 and faded at 25, 30, 35.
- ATM implied volatility 82.4%