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CDW gamma exposure levels

CDW Corporation · Levels for the close

169.36 +4.75 (+2.89%) Close · Nov 10, 2026

As of the Nov 10, 2026 close, CDW Corporation (CDW) has call resistance (call wall) and gamma wall at $160.00 and the HVL and put support (put wall) at $150.00, with an expected one-day range of $164.67 to $174.05.

CDW levels for the Nov 10, 2026 close
LevelPriceFrom close
1-day range high174.05+2.77%
Close169.36
1-day range low164.67-2.77%
Call resistance (call wall) and gamma wall160.00-5.53%
HVL and put support (put wall)150.00-11.43%

Owl Mastery computes these levels after each US close from that day's options open interest. How these levels are computed

CDW closed above call resistance (call wall) and gamma wall at $160.00, which sits 5.53% below the close. Call resistance is where a rally may stall. CDW closed above the HVL and put support (put wall) at $150.00, which sits 11.43% below the close. Above the HVL, net gamma exposure is positive on balance, which may mean smaller moves.

RSI (14) is 61.2, up from 33.2 at the start of its last 30 daily readings. It is Neutral, between 30 and 70. CDW closed 13.3% above its 50-day average, the mean of its last 50 closes. CDW closed 1.8% below its 52-week high, the highest high of the last 252 sessions.

CDW signals

SignalValueReading
RSI (14)61.2Neutral
vs 50D average+13.3%Above
Volatility (20D)64.1%
From 52W high-1.8%

The signals use daily closes up to Nov 10, 2026.

CDW performance

PeriodSinceChange
1MOct 12, 2026+17.81%
3MAug 10, 2026+24.73%
6MMay 11, 2026+66.94%
YTDJan 2, 2026+29.20%
1YNov 10, 2025+20.58%
5YNov 10, 2021-3.93%

CDW key stats

Open164.70
High171.49
Low163.61
Previous close164.61
Volume1.5M
Avg volume (20D)1.7M
52-week high172.47
52-week low96.09

What these levels mean

Call resistance (call wall) is the strike with the largest net gamma exposure. Put support (put wall) is the strike with the most negative net gamma exposure. Call resistance is also the gamma wall, the strike with the largest gamma times open interest, puts counted as negative, so the two names mark one strike.

The HVL is the strike where the running sum of net gamma exposure, added up from the lowest strike, is lowest. Above the HVL, net gamma exposure is positive on balance, which may mean smaller moves. Below it, net gamma exposure is negative on balance, which may mean larger moves. The 1-day range, the expected move, is the close plus or minus a one-day move at IV30, the implied volatility of the listed expiry closest to 30 trading days out.

How to read gamma levels

CDW questions

Where is CDW's call wall today?

As of the Nov 10, 2026 close, CDW's call resistance (call wall) is at $160.00, 5.53% below the close. It is the strike with the largest net gamma exposure. It shares that strike with the gamma wall.

Call walls and put walls explained

Where is CDW's put wall today?

As of the Nov 10, 2026 close, CDW's put support (put wall) is at $150.00, 11.43% below the close. It is the strike with the most negative net gamma exposure. It shares that strike with the HVL.

Call walls and put walls explained

What is CDW's HVL?

As of the Nov 10, 2026 close, CDW's HVL (high volatility level) is $150.00, 11.43% below the close. It is the strike where the running sum of net gamma exposure, added up from the lowest strike, is lowest. It shares that strike with put support.

HVL, gamma flip and zero gamma compared

Is CDW above or below its HVL?

CDW closed above its HVL of $150.00 on Nov 10, 2026. Above the HVL, net gamma exposure is positive on balance, which may mean smaller moves. Below it, net gamma exposure is negative on balance, which may mean larger moves.

Positive and negative gamma explained

What is CDW's expected one-day range?

As of the Nov 10, 2026 close, CDW's expected one-day range is $164.67 to $174.05. It is the close plus or minus close × IV30 / √252, where IV30 is the implied volatility of the listed expiry closest to 30 trading days out.

The expected move explained

What is CDW's RSI today?

As of the Nov 10, 2026 close, CDW's RSI (14) is 61.2, which reads Neutral. RSI reads Overbought at 70 or more and Oversold at 30 or less.

RSI explained