pinning
AA · 2026-06-12 · 16:01 ET (after hours)

$AA

ALCOA CORP

$68.77 ▼ -0.21   (-0.31%)

Free ward

Set a ward on $AA

We DM you the instant the $75 call wall or the $60 put wall breaks. No noise, just the break.

or sign in another way

Wall-break alerts arrive as a Discord DM.

Free ward

Set a ward on $AA

We DM you the instant the $75 call wall or the $60 put wall breaks.

Warded

$AA is warded

We'll DM you the moment the $75 call wall breaks. Rest easy.

The Read

$AA is in long gamma at heat 51, which means dealers are pinning moves rather than amplifying them. The $80 call wall and the $65 put wall both fresh today have a strong track record, each holding in 7 out of 10 attempts historically. Spot is 22.7% above its gamma flip at $58.59, so any push lower runs into solid support.

IV percentile · 1y 76 · premium elevated

Snapshot $68.77 · · 2026-06-12 · 16:01 ET (after hours)

The Levels

Put Wall $60 held 2 sessions
Gamma Flip $61 +13.2% above flip
Call Wall $75 active wall
spot $68.77

Regime pinning moves get faded back to the walls.


Scored Levels


Where the market is positioned


Implied vs Measured


Plays at the Walls

Covered Call

$76 · Jul 10 · 30Δ

$1.97 premium  ·  39%/yr annualized

Cash-Secured Put

$64 · Jul 10 · 30Δ

$2.22 premium  ·  47%/yr annualized

Not investment advice · Informational only


How our calls on $AA have played out

Over the last 21 sessions · n=10

10 Walls Called
2 Held 100% 1 pinned · 1 rejected
0 Broke 0%
8 Untested

$65 put wall

held 2 sessions running




The Discord

Two cards a day + the Friday accountability post, as they drop. Your invite unlocks the moment you subscribe — no cost, just an email.

Subscribe to unlock →

Subscribe — your way in

Drop your email: the Friday receipt, plus your Discord invite, instantly.