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Direxion Daily S&P Oil & DRIP 35.54 1.83 5.43%

DRIP Options Support & Resistance

DRIP (Direxion Daily S&P Oil &): Explore options-derived support and resistance levels, call walls and put walls. Free delayed preview.

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ATM IV
0.572
Put Call Ratio (OI)
0.213
Put Call Ratio (Vol)
0.288
IV Rank
3.28
IV Percentile
8.14
Max Pain
29

Option Walls

A gamma wall is a strike where dealer gamma is concentrated.

Price often pauses or reverses there because dealers must hedge aggressively when the underlying crosses it. Walls above spot tend to act as resistance; walls below spot tend to act as support.

See also: Gamma exposure (GEX)

$3 Key Call Strike 3 $4 Key Put Strike 1 $5 Key Call Strike 1 $29 Max Pain $34 Call Wall $40 Key Put Strike 3 $65 Put Wall