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Eledon Pharmaceuticals ELDN 2.64 0.02 0.85%

ELDN Options Support & Resistance

ELDN (Eledon Pharmaceuticals): Explore options-derived support and resistance levels, call walls and put walls. Free delayed preview.

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ATM IV
0.685
Put Call Ratio (OI)
0.0427
Put Call Ratio (Vol)
0.0884
IV Rank
1.05
IV Percentile
1.55
Max Pain
2.5

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)

$2 Call Wall $5 Key Put Strike 2 $7 Key Put Strike 3