CBOE (CBOE) options memo

The Read

The Read is generated on demand from the live tape.

Key numbers

• Spot: $256.95
• Lean: neutral
• Nearest expiry: Fri 9/25
• Implied move: 2.2%
• ATM implied volatility: 41.5%
• Max pain: $265.00
• Pin strike: $265.00
• Gamma flip: $215.05
• Dealer positioning: LONG GAMMA
• Call wall: $265.00
• Put wall: $265.00
• Put/call open interest: 0.942