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TELA Bio TELA 1.3 0.05 4.0%

TELA Options Support & Resistance

TELA (TELA Bio): Explore options-derived support and resistance levels, call walls and put walls. Free delayed preview.

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ATM IV
2.31
Put Call Ratio (OI)
0
Put Call Ratio (Vol)
0
IV Rank
12.6
IV Percentile
12.2
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 $7 Key Put Strike 2