EL (EL) options memo

The Read

The Read is generated on demand from the live tape.

Key numbers

• Spot: $103.39
• Lean: neutral
• Nearest expiry: Fri 9/4
• Implied move: 1.5%
• ATM implied volatility: 28.6%
• Max pain: $100.00
• Pin strike: $100.00
• Gamma flip: $104.65
• Dealer positioning: SHORT GAMMA
• Call wall: $111.00
• Put wall: $100.00
• Put/call open interest: 0.746