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Otis Worldwide Corporation OTIS 66.87 -1.65 -2.41%

OTIS Options Support & Resistance

OTIS (Otis Worldwide Corporation): Explore options-derived support and resistance levels, call walls and put walls. Free delayed preview.

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ATM IV
0.22
Put Call Ratio (OI)
0.385
Put Call Ratio (Vol)
1.26
IV Rank
33.2
IV Percentile
38.3
Max Pain
70

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)

$60 Key Put Strike 3 $67 Key Put Strike 2 $70 Call Wall $72 Key Call Strike 3