XLB gamma levels.
Where XLB tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- XLB $49.44 · up 0.02% on the day · negative gamma overall (moves tend to extend)
- Levels: ★ Volt, the biggest level 60 (above price · 10.56 / 21.36% away); ↯ Surge, live flow 49.5 (above price · 0.06 / 0.12% away); ‖ call wall — ceiling, sticky 60 (above price · 10.56 / 21.36% away); ‖ put wall — floor, slippery 45 (below price · 4.44 / 8.98% away); ⚡ gamma flip 50.17 (above price · 0.73 / 1.48% away); ↘ Reversal 48 (below price · 1.44 / 2.91% away)
- Expected move today ±1.26
- Strikes nearest the money (high to low): 50.5 positive, 50 negative, 49.5 negative, 49 negative, 48.5 negative, 48 negative
- Since yesterday's close, positioning faded at 49, 50, 60.
- ATM implied volatility 15.9%