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

$PSX

PHILLIPS 66

$179.41 ▲ +1.32   (+0.74%)

Free ward

Set a ward on $PSX

We DM you the instant the $200 call wall or the $155 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 $PSX

We DM you the instant the $200 call wall or the $155 put wall breaks.

Warded

$PSX is warded

We'll DM you the moment the $200 call wall breaks. Rest easy.

The Read

$PSX is calm at heat 23 with long gamma damping moves. The $200 call wall broke yesterday; new level today, while the $155 put wall remains untested. Spot is now 14% above its gamma flip at $159.48.

IV percentile · 1y 78 · premium elevated

Snapshot $179.41 · · 2026-06-12 · 16:01 ET (after hours)

The Levels

Put Wall $155 held 3 sessions
Gamma Flip $162 +10.4% above flip
Call Wall $200 held 2 sessions
spot $179.41

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

$190 · Jul 10 · 31Δ

$3.03 premium  ·  23%/yr annualized

Cash-Secured Put

$170 · Jul 24 · 29Δ

$4.51 premium  ·  24%/yr annualized

Not investment advice · Informational only


How our calls on $PSX have played out

Over the last 21 sessions · n=10

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

$180 call wall

held on its first test




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