XLY gamma levels.

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

• XLY $112.27 · down 0.51% on the day · negative gamma overall (moves tend to extend)
• Levels: ★ Volt, the biggest level 107.5 (below price · 4.77 / 4.25% away); ↯ Surge, live flow 107 (below price · 5.27 / 4.69% away); ‖ call wall — ceiling, sticky 120 (above price · 7.73 / 6.89% away); ‖ put wall — floor, slippery 107.5 (below price · 4.77 / 4.25% away); ⚡ gamma flip 118.71 (above price · 6.44 / 5.74% away); ↘ Reversal 120 (above price · 7.73 / 6.89% away)
• Expected move today ±3.45
• Strikes nearest the money (high to low): 113.5 negative, 113 positive, 112.5 negative, 112 negative, 111.5 negative, 111 negative
• Since yesterday's close, positioning grew at 114, 120 and faded at 107.5, 110, 117.
• Event pricing: the options market prices an unusually large move into 2026-10-30 (±$9.53 by that date, about 2.9x 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 65.4%