XEL gamma levels.
Where XEL tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, in plain English, 15-minute delayed and free.
- XEL $76.30 · down 3.06% on the day · negative gamma overall (slippery: moves tend to extend)
- Levels: ★ Volt — biggest level 65 (below price · 11.30 / 14.81% away); ↯ Surge — live flow 80 (above price · 3.70 / 4.85% away); ‖ call wall — ceiling, sticky 90 (above price · 13.70 / 17.96% away); ‖ put wall — floor, slippery 65 (below price · 11.30 / 14.81% away); ↘ Reversal 90 (above price · 13.70 / 17.96% away)
- Expected move today ±2.31
- Strikes nearest the money (high to low): 90 sticky, 85 sticky, 80 slippery, 75 slippery, 70 slippery, 65 slippery
- Weekly magnet confluence: the next 3 weekly expirations put their biggest positive-gamma level below price (agreement of positioning, not a prediction).
- Since yesterday's close, positioning grew at 65, 75 and faded at 80, 90.
- ATM implied volatility 21.7%