SYK (SYK) options memo

The Read

The Read is generated on demand from the live tape.

Key numbers

• Spot: $332.77
• Lean: neutral
• Nearest expiry: Fri 8/21
• Implied move: 1.7%
• ATM implied volatility: 31.6%
• Max pain: $330.00
• Pin strike: $360.00
• Gamma flip: $321.58
• Dealer positioning: SHORT GAMMA
• Call wall: $360.00
• Put wall: $280.00
• Put/call open interest: 0.370