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Tortoise North American Pipeline ETF TPYP 42.08 -0.39 -0.93%

TPYP Options Support & Resistance

TPYP (Tortoise North American Pipeline ETF): Explore options-derived support and resistance levels, call walls and put walls. Free delayed preview.

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ATM IV
0.174
Put Call Ratio (OI)
0
Put Call Ratio (Vol)
0
IV Rank
4.71
IV Percentile
16.9
Max Pain
42

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)

$42 Call Wall $43 Key Put Strike 2 $45 Key Put Strike 3