WBD gamma levels.

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

• WBD $27.92 · down 0.43% on the day · positive gamma overall (moves grind and levels hold)
• Levels: ★ Volt — biggest level 29 (above price · 1.08 / 3.87% away); ↯ Surge — live flow 29 (above price · 1.08 / 3.87% away); ‖ call wall — ceiling, sticky 29 (above price · 1.08 / 3.87% away); ‖ put wall — floor, slippery 27 (below price · 0.92 / 3.30% away); ⚡ gamma flip 27.69 (below price · 0.23 / 0.82% away); ↘ Reversal 27 (below price · 0.92 / 3.30% away)
• Expected move today ±0.82 · pre-open reference
• Strikes nearest the money (high to low): 29 positive, 28.5 positive, 28 positive, 27.5 negative, 27 negative, 26.5 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 28, 29 and faded at 30, 31.
• Event pricing: the options market prices an unusually large move into 2026-09-25 (±$2.55 by that date, about 2.3x 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 27.1%