ZBH gamma levels.
Where ZBH tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, in plain English, 15-minute delayed and free.
- ZBH $100.98 · up 2.03% on the day · positive gamma overall (sticky: moves grind and levels hold)
- Levels: ★ Volt — biggest level 105 (above price · 4.02 / 3.98% away); ↯ Surge — live flow 100 (below price · 0.98 / 0.97% away); ‖ call wall — ceiling, sticky 105 (above price · 4.02 / 3.98% away); ‖ put wall — floor, slippery 90 (below price · 10.98 / 10.87% away); ↘ Reversal 90 (below price · 10.98 / 10.87% away)
- Expected move today ±2.60
- Strikes nearest the money (high to low): 115 sticky, 110 sticky, 105 sticky, 100 sticky, 95 sticky, 90 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 110 and faded at 90, 100, 105.
- ATM implied volatility 28.0%