pinning
MMM · 2026-06-12 · 16:02 ET (after hours)

$MMM

3M CO

$158.36 ▲ +0.44   (+0.28%)

Free ward

Set a ward on $MMM

We DM you the instant the $165 call wall or the $153 put wall breaks. No noise, just the break.

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Wall-break alerts arrive as a Discord DM.

Free ward

Set a ward on $MMM

We DM you the instant the $165 call wall or the $153 put wall breaks.

Warded

$MMM is warded

We'll DM you the moment the $165 call wall breaks. Rest easy.

The Read

$MMM is in a neutral regime where moves are neither dampened nor amplified by dealer positioning. The $165 call wall is fresh today, while the $150 put has held 92% of tests, suggesting strong support near that level. With spot just 0.6% below its gamma flip at $154.75, any move through this area could shift dynamics.

IV percentile · 1y 60 · premium elevated

Snapshot $158.36 · · 2026-06-12 · 16:02 ET (after hours)

The Levels

Put Wall $153 active wall
Gamma Flip $149 +6.1% above flip
Call Wall $165 active wall
spot $158.36

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

$165 · Jul 10 · 31Δ

$2.16 premium  ·  18%/yr annualized

Cash-Secured Put

$152.5 · Jul 10 · 27Δ

$1.72 premium  ·  15%/yr annualized

Not investment advice · Informational only




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