Disclaimer: The below information is intended to describe hypothetical scenarios and should not be considered trading or investment advice.

Condition: This strategy works best when the stock price is very near (within 1%) of the SpotGamma Call Wall or Put Wall.

If price is near (within 1%) of the Call Wall:

• Selling covered calls at strikes above the call wall
• Selling stock to take profits

If stock is trading near (within 1%) of the Put Wall:

• Selling covered puts at strikes below the put wall
• Buying stock near the Put Wall

Pro tip: Trading a stock based on the Call Wall and Put Wall will yield most success when options are heavily-driving that particular stock, as indicated by the darker coloration in the Equity Hub Composite View chart.

Statistics: Check out SpotGamma’s Statistics on how our key levels have performed for the SPX using data from 2018 - 2024.

For more information, check out our videos on using the Equity Hub to trade:

SpotGamma Pro and SpotGamma Alpha subscribers can access Equity Hub™ here.