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.  

Equity Hub’s Total Open Interest Model can be access by SpotGamma Essential and Alpha subscribers here.

Equity Hub’s Synthetic Open Interest Model can be access by SpotGamma Alpha subscribers here.
 

Support articles explain how Equity Hub works. The Synthetic Open Interest Model and Total Open Interest Model product pages shows how traders apply it in real market conditions — with concrete examples and a clear view of how it fits into daily trade decisions.

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