NTAP (NTAP) options memo

The Read

The Read is generated on demand from the live tape.

Key numbers

• Spot: $187.02
• Lean: neutral
• Nearest expiry: Fri 9/18
• Implied move: 3.5%
• ATM implied volatility: 66.2%
• Max pain: $170.00
• Pin strike: $220.00
• Gamma flip: $190.26
• Dealer positioning: SHORT GAMMA
• Call wall: $220.00
• Put wall: $160.00
• Put/call open interest: 0.498