$158 · Jul 17 · 30Δ
$1.39 premium · 10%/yr annualized
Health Care Select Sector SPDR · Healthcare ETF
Free ward
We DM you the instant the $155 call wall or the $145 put wall breaks. No noise, just the break.
Wall-break alerts arrive as a Discord DM.
Free ward
We DM you the instant the $155 call wall or the $145 put wall breaks.
—
Warded
We'll DM you the moment the $155 call wall breaks. Rest easy.
The Read
$XLV is in a long-gamma environment with calm heat at 27, which means dealers are pinning moves and damping volatility. The $155 call wall is pinned through the last 3 sessions while the $145 put wall remains untested yesterday, so the range is effectively capped above but open below.
range held 5 sessions, both sides
Regime pinning — moves get faded back to the walls.
Scored Levels
PROWhere the market is positioned
Risk-neutral, implied by options pricing — where the market is positioned, not a forecast.
Implied vs Measured
PRO$158 · Jul 17 · 30Δ
$1.39 premium · 10%/yr annualized
$150 · Jul 17 · 31Δ
$1.62 premium · 12%/yr annualized
Not investment advice · Informational only
Over the last 21 sessions · n=10
$155 call wall
held 4 sessions running
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