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Zedge ZDGE 3.08 0.01 0.33%

ZDGE Options Support & Resistance

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

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ATM IV
0.808
Put Call Ratio (OI)
7.94
Put Call Ratio (Vol)
5.14
IV Rank
7.23
IV Percentile
24
Max Pain
3

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)

$1 Key Put Strike 3 $2 Key Put Strike 1 $3 Put Wall $4 Call Wall