Owl Mastery
Create free account

OTIS gamma exposure levels

Otis Worldwide Corporation · Levels for the close

78.13 -0.64 (-0.81%) Close · Nov 10, 2026

As of the Nov 10, 2026 close, Otis Worldwide Corporation (OTIS) has call resistance (call wall) and gamma wall at $80.00, put support (put wall) at $75.00, and the HVL at $65.00, with an expected one-day range of $76.96 to $79.30.

OTIS levels for the Nov 10, 2026 close
LevelPriceFrom close
Call resistance (call wall) and gamma wall80.00+2.39%
1-day range high79.30+1.50%
Close78.13
1-day range low76.96-1.50%
Put support (put wall)75.00-4.01%
HVL65.00-16.81%

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

OTIS closed between put support (put wall) at $75.00 and call resistance (call wall) and gamma wall at $80.00. Put support is 4.01% below the close, and call resistance and the gamma wall are 2.39% above it. Call resistance is the nearer wall, where a rally may stall. OTIS closed above the HVL at $65.00, which sits 16.81% below the close. Above the HVL, net gamma exposure is positive on balance, which may mean smaller moves.

RSI (14) is 64.4, up from 31.5 at the start of its last 30 daily readings. It is Neutral, between 30 and 70. OTIS closed 10.6% above its 50-day average, the mean of its last 50 closes.

OTIS signals

SignalValueReading
RSI (14)64.4Neutral
vs 50D average+10.6%Above
Volatility (20D)29.5%
From 52W high-16.4%

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

OTIS performance

PeriodSinceChange
1MOct 12, 2026+17.05%
3MAug 10, 2026+7.87%
6MMay 11, 2026+6.86%
YTDJan 2, 2026-10.07%
1YNov 10, 2025-11.57%
5YNov 10, 2021+1.84%

OTIS key stats

Open78.64
High78.86
Low77.40
Previous close78.77
Volume3.9M
Avg volume (20D)5.1M
52-week high93.43
52-week low63.58

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

OTIS questions

Where is OTIS's call wall today?

As of the Nov 10, 2026 close, OTIS's call resistance (call wall) is at $80.00, 2.39% above 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 OTIS's put wall today?

As of the Nov 10, 2026 close, OTIS's put support (put wall) is at $75.00, 4.01% below the close. It is the strike with the most negative net gamma exposure.

Call walls and put walls explained

What is OTIS's HVL?

As of the Nov 10, 2026 close, OTIS's HVL (high volatility level) is $65.00, 16.81% below the close. It is the strike where the running sum of net gamma exposure, added up from the lowest strike, is lowest.

HVL, gamma flip and zero gamma compared

Is OTIS above or below its HVL?

OTIS closed above its HVL of $65.00 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 OTIS's expected one-day range?

As of the Nov 10, 2026 close, OTIS's expected one-day range is $76.96 to $79.30. 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 OTIS's RSI today?

As of the Nov 10, 2026 close, OTIS's RSI (14) is 64.4, which reads Neutral. RSI reads Overbought at 70 or more and Oversold at 30 or less.

RSI explained