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WESTLAKE CHEMICAL PARTNERS LP WLKP 21.29 0.07 0.33%

WLKP Options Support & Resistance

WLKP (WESTLAKE CHEMICAL PARTNERS LP): Explore options-derived support and resistance levels, call walls and put walls. Free delayed preview.

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ATM IV
0.217
Put Call Ratio (OI)
0.0936
Put Call Ratio (Vol)
0.143
IV Rank
6.66
IV Percentile
6.8
Max Pain
22.5

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)

$17 Key Put Strike 3 $20 Put Wall $22 Call Wall $25 Key Call Strike 2