WAT gamma levels.
Where WAT tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- WAT $479.39 · up 0.53% on the day · positive gamma overall (moves grind and levels hold)
- Levels: ★ Volt, the biggest level 430 (below price · 49.39 / 10.30% away); ↯ Surge, live flow 460 (below price · 19.39 / 4.04% away); ‖ call wall — sticky, but below price · not a ceiling from here 450 (below price · 29.39 / 6.13% away); ‖ put wall — floor, slippery 430 (below price · 49.39 / 10.30% away); ⚡ gamma flip 440.21 (below price · 39.18 / 8.17% away); ↘ Reversal 450 (below price · 29.39 / 6.13% away)
- Expected move today ±49.8 · pre-open reference
- Strikes nearest the money (high to low): 500 positive, 490 positive, 480 positive, 470 positive, 460 positive, 450 positive
- Weekly magnet confluence: the next 4 weekly expirations put their biggest positive-gamma level below price (agreement of positioning, not a prediction).
- Since yesterday's close, positioning grew at 450 and faded at 430.
- ATM implied volatility 38.6%