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

$SPDN

DIR DLY SP 500 BR 1X ETF-USI

$8.80 ▼ -0.05   (-0.56%)

Free ward

Set a ward on $SPDN

We DM you the instant the $10 call wall or the $8 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 $SPDN

We DM you the instant the $10 call wall or the $8 put wall breaks.

Warded

$SPDN is warded

We'll DM you the moment the $10 call wall breaks. Rest easy.

The Read

Next session — dealers are pinning SPDN inside $8–$10 — selling premium at the walls is favored.

IV percentile · 1y 71 · premium elevated

Snapshot $8.80 · · 2026-06-12 · 16:02 ET (after hours)

The Levels

Put Wall $8 active wall
Gamma Flip $8 +4.9% above flip
Call Wall $10 active wall
spot $8.80

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

$9 · Jul 17 · 29Δ

$0.10 premium  ·  12%/yr annualized

Cash-Secured Put

$8 · Jun 18 · 6Δ

$0.01 premium  ·  13%/yr annualized

Not investment advice · Informational only




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