$250 · Sep 18 · 29Δ
$3.73 premium · 28%/yr annualized
$STLD
Steel Dynamics Inc · Metals & Mining · $33.8B
▼ -0.64 (-0.27%)
Steel Dynamics Inc · Metals & Mining · $33.8B
Regime pinning · moves get faded back to the walls.
Each wall is the strike carrying the heaviest open interest within 15% of price, call above as resistance, put below as support, pooled across all listed expirations. It is a structural positioning level, not a single expiry pin. Max pain is tracked separately.
The Read
$STLD is in long gamma at heat 21, which keeps moves dampened by dealer hedging. The $250 call wall has been untested yesterday and remains intact, while the $200 put wall also untested yesterday stands firm. Spot sits 11% above the $204.06 flip, so a push down could test the put support first.
Where the market is positioned
Risk-neutral, implied by options pricing. Where the market is positioned, not a forecast.
Talk to the oracle
Free. No login. Real dealer positioning on $STLD, scored over a year of outcomes.
$250 · Sep 18 · 29Δ
$3.73 premium · 28%/yr annualized
$220 · Oct 16 · 29Δ
$7.00 premium · 24%/yr annualized
Not investment advice · Informational only
Over the last 21 sessions · n=28
$220 put wall
held 2 sessions running
Free alert
We DM you when the $250 call wall or the $220 put wall breaks. No noise, just the break.
Wall-break alerts arrive as a Discord DM. Pro gets them live, the instant the wall breaks.
Free alert
We DM you when the $250 call wall or the $220 put wall breaks.
…
Alert set
We'll DM you when the $250 call wall breaks. Rest easy.
Scored Levels
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