XLY gamma levels.
Where XLY tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, in plain English, 15-minute delayed and free.
- XLY $117.21 · up 1.15% on the day · negative gamma overall (slippery: moves tend to extend)
- Levels: ★ Volt — biggest level 110 (below price · 7.21 / 6.15% away); ↯ Surge — live flow 121.5 (above price · 4.29 / 3.66% away); ‖ call wall — ceiling, sticky 120 (above price · 2.79 / 2.38% away); ‖ put wall — floor, slippery 110 (below price · 7.21 / 6.15% away); ↘ Reversal 120 (above price · 2.79 / 2.38% away)
- Expected move today ±3.25
- Strikes nearest the money (high to low): 118.5 sticky, 118 slippery, 117.5 sticky, 117 slippery, 116.5 slippery, 116 slippery
- Since yesterday's close, positioning faded at 110, 112.5, 115.
- ATM implied volatility 37.7%