OTIS (OTIS) options memo

The Read

The Read is generated on demand from the live tape.

Key numbers

• Spot: $71.76
• Lean: neutral
• Nearest expiry: Fri 9/18
• Implied move: 1.1%
• ATM implied volatility: 21.3%
• Max pain: $72.50
• Pin strike: $75.00
• Gamma flip: $72.87
• Dealer positioning: SHORT GAMMA
• Call wall: $72.50
• Put wall: $70.00
• Put/call open interest: 0.454