XLK gamma levels.

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

• XLK $196.38 · up 0.06% on the day · positive gamma overall (moves grind and levels hold)
• Levels: ★ Volt — biggest level 195 (below price · 1.38 / 0.70% away); ↯ Surge — live flow 196 (below price · 0.38 / 0.19% away); ‖ call wall — sticky, but below price · not a ceiling from here 195 (below price · 1.38 / 0.70% away); ‖ put wall — floor, slippery 175 (below price · 21.38 / 10.89% away); ⚡ gamma flip 186.95 (below price · 9.43 / 4.80% away); ↘ Reversal 175 (below price · 21.38 / 10.89% away)
• Expected move today ±3.99 · pre-open reference
• Strikes nearest the money (high to low): 198 positive, 197.5 positive, 197 positive, 196 positive, 195 positive, 194 positive
• Weekly magnet confluence: the next 4 weekly expirations put their biggest positive-gamma level below price (agreement of positioning, not a prediction).
• ATM implied volatility 22.5%