ETN Gamma Squeeze, Pin & Wall Analysis

ETN Eaton $401.53 -3.22% (updated 2026-05-12)

Today's OI Read — ETN

Where the walls are, where price sits, and what the dealer positioning implies for Eaton

In Between Walls?

$440

2ND

$500

DOM

$401.53

Outside the dominant wall range — directional momentum more likely than mean reversion.

Magnet Strength Details →

2.65× Very High (>2×)

Current OI 17,138

30d Avg OI 6,478

Elevated OI — dealers carry larger hedges, making price walls structurally stronger.

Put/Call Ratio

0.35

CALL HEAVY

Below 0.8 — call OI dominates. Bullish positioning; dealers are short calls and will sell delta into rallies.

Dominant Wall

$500

▲ Above spot

The highest OI concentration strike — the structural anchor dealers are most committed to hedging.

Distance to #1 Wall

$-98.47

-24.52%

Price is below the dominant wall — acts as resistance.

Wall Skew

+1.000

CALL HEAVY

Call-heavy at the dominant wall — call sellers cap rallies toward it. Acts as resistance.

Today's Top Setup — ETN

SQUEEZE, PIN, and CAGE scored 0–100 from OI structure. Highest score = today's highest-conviction setup.

PIN — 53.7% hit rate (n=1,719). CAGE — 45.4% (n=1,161). SQUEEZE — 49.5% (n=5,555). Half hit, half don't — the edge is asymmetric payoff.

Strength scores are locked

PRO

See exactly which setup is most likely — and by how much

Unlock

🚀 SQUEEZE

candidate

Strength ██%

5d horizon

Target · Stock pops ≥+5% within 10 trading days — the kind of move where the winners run far enough to outweigh the misses.

📌 PIN

AUC 0.83 measured

Strength ██%

1d horizon

Target · Price closes within 0.5% of $500 (dom strike) by +1d.

↔ CAGE

AUC 0.55 measured

Strength ██%

5d horizon

Target · Price stays between $440 – $500 through +5d.

No cage setup today — walls are 14.9% apart. Dealers only defend tight ranges (<8%).

Top OI Walls

Largest open interest concentrations · sorted by strike price · * OI projected from prior day

2026-05-12

Rank	Strike	Call OI	Put OI	Total OI	P/C	% of Max
#1	$500 Resistance	4,796	0	4,796	0.00	100%
#3	$480 Resistance	1,324	0	1,324	0.00	28%
#2	$440 Resistance	1,482	0	1,482	0.00	31%
▶ $401.53
#4	$400 Support	432	863	1,295	2.00	27%
#5	$390 Support	141	745	886	5.28	18%

Dealer Magnet Strength

When total OI is elevated vs its 30-day rolling average, dealer hedging is heavier — walls act like magnets. Very High = stronger PIN / CAGE conviction. Near-normal = weaker structural hold.

Current Magnet Strength

Very High (>2×)

Low (<0.7×)

75.8%

215 days · 1d

Normal (0.7–1×)

84.8%

46 days · 1d

Elevated (1–1.5×)

82.4%

34 days · 1d

High (1.5–2×)

67.7%

31 days · 1d

Very High (>2×)

94.0%

68 days · 1d

Containment Rate by OI Magnitude Bucket

OI ratio = today's total OI ÷ 30-day rolling average. Does elevated OI predict price staying inside the dominant wall range?

OI Level	Days	1d	2d	5d	10d	20d
Low (<0.7×)	215	75.8%	65.1%	53.0%	41.2%	25.7%
Normal (0.7–1×)	46	84.8%	71.7%	56.8%	37.2%	31.0%
Elevated (1–1.5×)	34	82.4%	76.5%	69.7%	45.5%	36.4%
High (1.5–2×)	31	67.7%	48.4%	38.7%	25.8%	6.5%
Very High (>2×)	68	94.0%	86.4%	71.2%	59.1%	27.3%

SQUEEZE / PIN / CAGE Setup Backtest — ETN

Last 50 sessions — which setup fired, what the score was, and whether it hit. See the actual win/loss record.

0 days ·

Min Strength 60

Magnet:

2026-05-05

↔ CAGE

Strength 75%

Magnet

Floor $428

Ceiling $430

Range 0.6%

✗ Miss

Win Criteria

Stay inside $428–$430 for 5 days

What Happened

$401.53

-2.27%

Broke up — max move 2.9% (need ≤2%)

2026-05-04

📌 PIN

Strength 35%

Magnet

Floor $360

Ceiling $430

Range 16.6%

✗ Miss

Win Criteria

Close within 0.5% of $430 by end of day

What Happened

$410.86

-2.74%

Closed 4.5% from wall (need ≤0.5%) — moved -2.7%

2026-05-01

📌 PIN

Strength 15%

Magnet

Floor $360

Ceiling $480

Range 28.2%

✗ Miss

Win Criteria

Close within 0.5% of $360 by end of day

What Happened

$422.44

-0.73%

Closed 14.7% from wall (need ≤0.5%) — moved -0.7%

2026-04-30

↔ CAGE

Strength 55%

Magnet

Floor $395

Ceiling $400

Range 1.2%

✗ Miss

Win Criteria

Stay inside $395–$400 for 5 days

What Happened

$399.15

-7.82%

Broke down — max move 5.1% (need ≤2%)

2026-04-29

↔ CAGE

Strength 75%

Magnet

Floor $400

Ceiling $410

Range 2.4%

✗ Miss

Win Criteria

Stay inside $400–$410 for 5 days

What Happened

$421.39

+2.59%

Broke up — max move 5.4% (need ≤2%)

2026-04-28

↔ CAGE

Strength 20%

Magnet

Floor $400

Ceiling $425

Range 6.1%

✗ Miss

Win Criteria

Stay inside $400–$425 for 5 days

What Happened

$410.86

-0.54%

Broke down — max move 4.8% (need ≤2%)

2026-04-27

📌 PIN

Strength 45%

Magnet

Floor $410

Ceiling $425

Range 3.6%

✗ Miss

Win Criteria

Close within 0.5% of $425 by end of day

What Happened

$413.07

-0.89%

Closed 2.9% from wall (need ≤0.5%) — moved -0.9%

2026-04-24

📌 PIN

Strength 5%

Magnet

Floor $360

Ceiling $430

Range 16.5%

✗ Miss

Win Criteria

Close within 0.5% of $360 by end of day

What Happened

$416.77

-1.69%

Closed 13.4% from wall (need ≤0.5%) — moved -1.7%

2026-04-23

📌 PIN

Strength 55%

Magnet

Floor $360

Ceiling $428

Range 15.9%

✗ Miss

Win Criteria

Close within 0.5% of $428 by end of day

What Happened

$423.92

-0.14%

Closed 0.8% from wall (need ≤0.5%) — moved -0.1%

2026-04-22

↔ CAGE

Strength 20%

Magnet

Floor $402

Ceiling $428

Range 6.0%

✗ Miss

Win Criteria

Stay inside $402–$428 for 5 days

What Happened

$410.77

-0.75%

Broke up — max move 2.6% (need ≤2%)

2026-04-21

↔ CAGE

Strength 55%

Magnet

Floor $380

Ceiling $395

Range 3.7%

✗ Miss

Win Criteria

Stay inside $380–$395 for 5 days

What Happened

$413.07

+0.82%

Broke up — max move 3.6% (need ≤2%)

2026-04-20

↔ CAGE

Strength 55%

Magnet

Floor $390

Ceiling $395

Range 1.2%

✗ Miss

Win Criteria

Stay inside $390–$395 for 5 days

What Happened

$416.77

+2.26%

Broke up — max move 4.2% (need ≤2%)

2026-04-17

↔ CAGE

Strength 35%

Magnet

Floor $360

Ceiling $380

Range 4.9%

✓ Hit

Win Criteria

Stay inside $360–$380 for 5 days

What Happened

$423.92

+4.36%

2026-04-16

📌 PIN

Strength 5%

Magnet

Floor $320

Ceiling $380

Range 15.3%

✗ Miss

Win Criteria

Close within 0.5% of $380 by end of day

What Happened

$406.21

+3.43%

Closed 6.7% from wall (need ≤0.5%) — moved +3.4%

2026-04-15

📌 PIN

Strength 5%

Magnet

Floor $320

Ceiling $370

Range 12.7%

✗ Miss

Win Criteria

Close within 0.5% of $320 by end of day

What Happened

$392.73

-0.59%

Closed 18.4% from wall (need ≤0.5%) — moved -0.6%

2026-04-14

↔ CAGE

Strength 55%

Magnet

Floor $360

Ceiling $370

Range 2.5%

✗ Miss

Win Criteria

Stay inside $360–$370 for 5 days

What Happened

$409.70

+1.94%

Broke down — max move 2.3% (need ≤2%)

2026-04-13

📌 PIN

Strength 5%

Magnet

Floor $330

Ceiling $370

Range 9.9%

✗ Miss

Win Criteria

Close within 0.5% of $370 by end of day

What Happened

$401.90

-0.36%

Closed 7.9% from wall (need ≤0.5%) — moved -0.4%

2026-04-10

📌 PIN

Strength 5%

Magnet

Floor $330

Ceiling $370

Range 9.9%

✗ Miss

Win Criteria

Close within 0.5% of $370 by end of day

What Happened

$403.36

+0.09%

Closed 8.3% from wall (need ≤0.5%) — moved +0.1%

2026-04-09

↔ CAGE

Strength 55%

Magnet

Floor $360

Ceiling $365

Range 1.2%

✓ Hit

Win Criteria

Stay inside $360–$365 for 5 days

What Happened

$392.73

-1.93%

2026-04-08

📌 PIN

Strength 5%

Magnet

Floor $315

Ceiling $365

Range 13.0%

✗ Miss

Win Criteria

Close within 0.5% of $315 by end of day

What Happened

$400.44

+3.85%

Closed 22.2% from wall (need ≤0.5%) — moved +3.9%

2026-04-07

📌 PIN

Strength 5%

Magnet

Floor $305

Ceiling $365

Range 16.3%

✗ Miss

Win Criteria

Close within 0.5% of $305 by end of day

What Happened

$385.58

+4.54%

Closed 21.8% from wall (need ≤0.5%) — moved +4.5%

2026-04-06

📌 PIN

Strength 5%

Magnet

Floor $315

Ceiling $365

Range 13.7%

✗ Miss

Win Criteria

Close within 0.5% of $315 by end of day

What Happened

$368.85

+1.36%

Closed 14.8% from wall (need ≤0.5%) — moved +1.4%

2026-04-02

↔ CAGE

Strength 20%

Magnet

Floor $355

Ceiling $380

Range 6.9%

✗ Miss

Win Criteria

Stay inside $355–$380 for 5 days

What Happened

$403.00

+11.60%

Broke up — max move 6.8% (need ≤2%)

2026-04-01

↔ CAGE

Strength 20%

Magnet

Floor $355

Ceiling $380

Range 6.8%

✓ Hit

Win Criteria

Stay inside $355–$380 for 5 days

What Happened

$400.44

+9.54%

2026-03-31

📌 PIN

Strength 15%

Magnet

Floor $320

Ceiling $380

Range 16.8%

✗ Miss

Win Criteria

Close within 0.5% of $380 by end of day

What Happened

$365.56

+2.21%

Closed 4.0% from wall (need ≤0.5%) — moved +2.2%

2026-03-30

↔ CAGE

Strength 20%

Magnet

Floor $355

Ceiling $380

Range 7.3%

✗ Miss

Win Criteria

Stay inside $355–$380 for 5 days

What Happened

$368.85

+7.37%

Broke up — max move 6.4% (need ≤2%)

2026-03-27

↔ CAGE

Strength 20%

Magnet

Floor $380

Ceiling $400

Range 5.6%

✗ Miss

Win Criteria

Stay inside $380–$400 for 5 days

What Happened

$363.89

+1.83%

Broke down — max move 3.9% (need ≤2%)

2026-03-26

↔ CAGE

Strength 20%

Magnet

Floor $380

Ceiling $400

Range 5.6%

✗ Miss

Win Criteria

Stay inside $380–$400 for 5 days

What Happened

$361.10

+1.12%

Broke up — max move 3.8% (need ≤2%)

2026-03-25

↔ CAGE

Strength 20%

Magnet

Floor $390

Ceiling $415

Range 6.7%

✗ Miss

Win Criteria

Stay inside $390–$415 for 5 days

What Happened

$365.56

-2.52%

Broke down — max move 8.4% (need ≤2%)

2026-03-24

↔ CAGE

Strength 20%

Magnet

Floor $390

Ceiling $415

Range 6.7%

✗ Miss

Win Criteria

Stay inside $390–$415 for 5 days

What Happened

$357.67

-4.39%

Broke up — max move 4.5% (need ≤2%)

2026-03-23

↔ CAGE

Strength 20%

Magnet

Floor $390

Ceiling $415

Range 6.9%

✗ Miss

Win Criteria

Stay inside $390–$415 for 5 days

What Happened

$343.53

-4.51%

Broke up — max move 4.2% (need ≤2%)

2026-03-20

↔ CAGE

Strength 20%

Magnet

Floor $390

Ceiling $415

Range 7.0%

✗ Miss

Win Criteria

Stay inside $390–$415 for 5 days

What Happened

$357.36

+0.16%

Broke up — max move 5.1% (need ≤2%)

2026-03-19

📌 PIN

Strength 5%

Magnet

Floor $310

Ceiling $340

Range 8.3%

✗ Miss

Win Criteria

Close within 0.5% of $310 by end of day

What Happened

$356.80

-0.95%

Closed 13.0% from wall (need ≤0.5%) — moved -1.0%

2026-03-18

📌 PIN

Strength 5%

Magnet

Floor $310

Ceiling $370

Range 16.6%

✗ Miss

Win Criteria

Close within 0.5% of $310 by end of day

What Happened

$360.23

-0.09%

Closed 13.9% from wall (need ≤0.5%) — moved -0.1%

2026-03-17

📌 PIN

Strength 5%

Magnet

Floor $310

Ceiling $370

Range 16.5%

✗ Miss

Win Criteria

Close within 0.5% of $310 by end of day

What Happened

$360.54

-0.94%

Closed 13.9% from wall (need ≤0.5%) — moved -0.9%

2026-03-16

📌 PIN

Strength 5%

Magnet

Floor $310

Ceiling $370

Range 16.6%

✗ Miss

Win Criteria

Close within 0.5% of $310 by end of day

What Happened

$363.95

+0.81%

Closed 14.9% from wall (need ≤0.5%) — moved +0.8%

2026-03-13

📌 PIN

Strength 5%

Magnet

Floor $310

Ceiling $370

Range 16.9%

✗ Miss

Win Criteria

Close within 0.5% of $310 by end of day

What Happened

$361.04

+1.59%

Closed 14.4% from wall (need ≤0.5%) — moved +1.6%

2026-03-12

📌 PIN

Strength 20%

Magnet

Floor $325

Ceiling $360

Range 10.0%

✗ Miss

Win Criteria

Close within 0.5% of $360 by end of day

What Happened

$355.40

+1.94%

Closed 1.3% from wall (need ≤0.5%) — moved +1.9%

2026-03-11

📌 PIN

Strength 40%

Magnet

Floor $310

Ceiling $360

Range 14.1%

✗ Miss

Win Criteria

Close within 0.5% of $360 by end of day

What Happened

$348.64

-2.01%

Closed 3.2% from wall (need ≤0.5%) — moved -2.0%

2026-03-10

📌 PIN

Strength 5%

Magnet

Floor $310

Ceiling $360

Range 13.8%

✗ Miss

Win Criteria

Close within 0.5% of $310 by end of day

What Happened

$355.79

-1.46%

Closed 12.7% from wall (need ≤0.5%) — moved -1.5%

2026-03-09

📌 PIN

Strength 5%

Magnet

Floor $360

Ceiling $400

Range 11.3%

✗ Miss

Win Criteria

Close within 0.5% of $400 by end of day

What Happened

$361.06

+2.03%

Closed 11.0% from wall (need ≤0.5%) — moved +2.0%

2026-03-06

↔ CAGE

Strength 55%

Magnet

Floor $355

Ceiling $360

Range 1.4%

✗ Miss

Win Criteria

Stay inside $355–$360 for 5 days

What Happened

$355.40

+2.20%

Broke up — max move 3.8% (need ≤2%)

2026-03-05

📌 PIN

Strength 35%

Magnet

Floor $360

Ceiling $380

Range 5.6%

✗ Miss

Win Criteria

Close within 0.5% of $360 by end of day

What Happened

$347.75

-1.98%

Closed 3.5% from wall (need ≤0.5%) — moved -2.0%

2026-03-04

📌 PIN

Strength 35%

Magnet

Floor $335

Ceiling $360

Range 7.1%

✗ Miss

Win Criteria

Close within 0.5% of $360 by end of day

What Happened

$354.79

+0.09%

Closed 1.5% from wall (need ≤0.5%) — moved +0.1%

2026-03-03

📌 PIN

Strength 35%

Magnet

Floor $360

Ceiling $380

Range 5.6%

✗ Miss

Win Criteria

Close within 0.5% of $360 by end of day

What Happened

$354.46

-0.31%

Closed 1.6% from wall (need ≤0.5%) — moved -0.3%

2026-03-02

↔ CAGE

Strength 20%

Magnet

Floor $360

Ceiling $380

Range 5.3%

✗ Miss

Win Criteria

Stay inside $360–$380 for 5 days

What Happened

$353.87

-6.23%

Broke down — max move 6.1% (need ≤2%)

2026-02-27

📌 PIN

Strength 35%

Magnet

Floor $345

Ceiling $380

Range 9.3%

✗ Miss

Win Criteria

Close within 0.5% of $380 by end of day

What Happened

$377.40

+0.39%

Closed 0.7% from wall (need ≤0.5%) — moved +0.4%

2026-02-26

↔ CAGE

Strength 55%

Magnet

Floor $360

Ceiling $375

Range 4.0%

✗ Miss

Win Criteria

Stay inside $360–$375 for 5 days

What Happened

$354.79

-5.29%

Broke up — max move 5.1% (need ≤2%)

2026-02-25

📌 PIN

Strength 35%

Magnet

Floor $360

Ceiling $380

Range 5.4%

✗ Miss

Win Criteria

Close within 0.5% of $380 by end of day

What Happened

$374.59

+0.28%

Closed 1.4% from wall (need ≤0.5%) — moved +0.3%

2026-02-24

📌 PIN

Strength 35%

Magnet

Floor $360

Ceiling $380

Range 5.3%

✗ Miss

Win Criteria

Close within 0.5% of $380 by end of day

What Happened

$373.53

-0.27%

Closed 1.7% from wall (need ≤0.5%) — moved -0.3%