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Summit Therapeutics Inc SMMT 16.96 -0.89 -4.99%

SMMT Options Support & Resistance

SMMT (Summit Therapeutics Inc): Explore options-derived support and resistance levels, call walls and put walls. Free delayed preview.

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ATM IV
1.02
Put Call Ratio (OI)
0.621
Put Call Ratio (Vol)
0.799
IV Rank
26.2
IV Percentile
60.6
Max Pain
16.5

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)

$9 Key Put Strike 1 $10 Key Put Strike 2 $15 Key Put Strike 3 $16 Put Wall $20 Call Wall $25 Key Call Strike 2