ZS gamma levels.

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

• ZS $197.66 · up 0.00% on the day · positive gamma overall (moves grind and levels hold)
• Levels: ★ Volt, the biggest level 220 (above price · 22.34 / 11.30% away); ↯ Surge, live flow 215 (above price · 17.34 / 8.77% away); ‖ call wall — ceiling, sticky 220 (above price · 22.34 / 11.30% away); ‖ put wall — floor, slippery 185 (below price · 12.66 / 6.40% away); ⚡ gamma flip 188.49 (below price · 9.17 / 4.64% away); ↘ Reversal 185 (below price · 12.66 / 6.40% away)
• Expected move today ±19.9 · pre-open reference
• Strikes nearest the money (high to low): 205 negative, 202.5 negative, 200 positive, 197.5 negative, 195 negative, 192.5 negative
• Weekly magnet confluence: the next 4 weekly expirations put their biggest positive-gamma level above price (agreement of positioning, not a prediction).
• Since yesterday's close, positioning grew at 160, 185, 190 and faded at 197.5, 215, 250.
• Event pricing: the options market prices an unusually large move into 2026-12-04 (±$48.33 by that date, about 2x 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 72.5%