$XLB

Materials Select Sector SPDR · Materials ETF

$52.20 ▲ +0.97 (+1.90%)

Free ward

Set a ward on $XLB

We DM you the instant the $55 call wall or the $47 put wall breaks. No noise, just the break.

Wall-break alerts arrive as a Discord DM.

Free ward

We DM you the instant the $55 call wall or the $47 put wall breaks.

—

Warded

We'll DM you the moment the $55 call wall breaks. Rest easy.

The Read

Next session — dealers are pinning XLB inside $47–$55 — selling premium at the walls is favored.

IV percentile · 1y 88 · premium rich

Snapshot $52.20 · · 2026-06-12 · 16:02 ET (after hours)

Put Wall $47 active wall

Gamma Flip $51 +2.7% above flip

Call Wall $55 active wall

spot $52.20

Regime pinning — moves get faded back to the walls.

Scored Levels

Where the market is positioned

Implied vs Measured

Covered Call

$54 · Jul 10 · 28Δ

$0.51 premium · 13%/yr annualized

Cash-Secured Put

$50.5 · Jul 10 · 30Δ

$0.65 premium · 17%/yr annualized

Not investment advice · Informational only

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Dealer positioning, scored in public. Methodology + sample sizes always visible.