JPM Gamma Squeeze, Pin & Wall Analysis

JPM JPMorgan $304.88 +1.62% (updated 2026-05-12)

Today's OI Read — JPM

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

In Between Walls?

$310

DOM

$315

2ND

$304.88

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

Magnet Strength Details →

2.08× Very High (>2×)

Current OI 110,388

30d Avg OI 53,009

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

Put/Call Ratio

0.85

NEUTRAL

Between 0.8–1.2 — balanced positioning. No strong directional lean from options flow alone.

Dominant Wall

$310

▲ Above spot

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

Distance to #1 Wall

$-5.12

-1.68%

Price is below the dominant wall — acts as resistance.

Wall Skew

+0.687

CALL HEAVY

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

Today's Top Setup — JPM

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 $310 (dom strike) by +1d.

↔ CAGE

AUC 0.55 measured

Strength ██%

5d horizon

Target · Price stays between $310 – $315 through +5d.

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
#2	$315 Resistance	9,168	760	9,928	0.08	97%
#1	$310 Resistance	8,651	1,604	10,255	0.19	100%
▶ $304.88
#5	$300 Support	3,317	4,333	7,650	1.31	75%
#4	$290 Support	2,214	6,101	8,315	2.76	81%
#3	$250 Support	0	9,628	9,628	—	94%

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×)

73.3%

206 days · 1d

Normal (0.7–1×)

69.0%

87 days · 1d

Elevated (1–1.5×)

71.4%

7 days · 1d

High (1.5–2×)

66.7%

27 days · 1d

Very High (>2×)

85.3%

76 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×)	206	73.3%	66.5%	56.3%	34.8%	19.2%
Normal (0.7–1×)	87	69.0%	60.9%	43.5%	32.9%	40.0%
Elevated (1–1.5×)	7	71.4%	71.4%	57.1%	28.6%	42.9%
High (1.5–2×)	27	66.7%	63.0%	61.5%	57.7%	34.6%
Very High (>2×)	76	85.3%	73.0%	47.3%	55.4%	45.8%

SQUEEZE / PIN / CAGE Setup Backtest — JPM

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 $315

Ceiling $318

Range 0.8%

✗ Miss

Win Criteria

Stay inside $315–$318 for 5 days

What Happened

$304.88

-1.46%

Broke up — max move 2.4% (need ≤2%)

2026-05-04

↔ CAGE

Strength 55%

Magnet

Floor $315

Ceiling $318

Range 0.8%

✗ Miss

Win Criteria

Stay inside $315–$318 for 5 days

What Happened

$300.00

-2.49%

Broke up — max move 2.4% (need ≤2%)

2026-05-01

📌 PIN

Strength 50%

Magnet

Floor $275

Ceiling $318

Range 13.6%

✗ Miss

Win Criteria

Close within 0.5% of $318 by end of day

What Happened

$307.65

-1.54%

Closed 3.2% from wall (need ≤0.5%) — moved -1.5%

2026-04-30

↔ CAGE

Strength 20%

Magnet

Floor $300

Ceiling $320

Range 6.4%

✓ Hit

Win Criteria

Stay inside $300–$320 for 5 days

What Happened

$306.27

-2.22%

2026-04-29

↔ CAGE

Strength 20%

Magnet

Floor $300

Ceiling $320

Range 6.5%

✓ Hit

Win Criteria

Stay inside $300–$320 for 5 days

What Happened

$314.90

+1.83%

2026-04-28

↔ CAGE

Strength 55%

Magnet

Floor $315

Ceiling $320

Range 1.6%

✓ Hit

Win Criteria

Stay inside $315–$320 for 5 days

What Happened

$309.40

-0.66%

2026-04-27

↔ CAGE

Strength 20%

Magnet

Floor $300

Ceiling $320

Range 6.4%

✓ Hit

Win Criteria

Stay inside $300–$320 for 5 days

What Happened

$307.65

-1.28%

2026-04-24

↔ CAGE

Strength 20%

Magnet

Floor $300

Ceiling $320

Range 6.5%

✓ Hit

Win Criteria

Stay inside $300–$320 for 5 days

What Happened

$312.47

+1.36%

2026-04-23

↔ CAGE

Strength 35%

Magnet

Floor $305

Ceiling $320

Range 4.8%

✓ Hit

Win Criteria

Stay inside $305–$320 for 5 days

What Happened

$313.23

+0.49%

2026-04-22

↔ CAGE

Strength 55%

Magnet

Floor $320

Ceiling $322

Range 0.8%

✓ Hit

Win Criteria

Stay inside $320–$322 for 5 days

What Happened

$309.25

-1.20%

2026-04-21

↔ CAGE

Strength 35%

Magnet

Floor $315

Ceiling $322

Range 2.4%

✓ Hit

Win Criteria

Stay inside $315–$322 for 5 days

What Happened

$311.45

-0.50%

2026-04-20

📌 PIN

Strength 65%

Magnet

Floor $315

Ceiling $320

Range 1.6%

✗ Miss

Win Criteria

Close within 0.5% of $320 by end of day

What Happened

$313.00

-1.26%

Closed 2.2% from wall (need ≤0.5%) — moved -1.3%

2026-04-17

↔ CAGE

Strength 55%

Magnet

Floor $315

Ceiling $318

Range 0.8%

✗ Miss

Win Criteria

Stay inside $315–$318 for 5 days

What Happened

$308.28

-0.65%

Broke up — max move 2.2% (need ≤2%)

2026-04-16

📌 PIN

Strength 90%

Magnet

Floor $270

Ceiling $310

Range 12.9%

✓ Hit

Win Criteria

Close within 0.5% of $310 by end of day

What Happened

$310.29

+0.11%

2026-04-15

↔ CAGE

Strength 75%

Magnet

Floor $265

Ceiling $270

Range 1.6%

✗ Miss

Win Criteria

Stay inside $265–$270 for 5 days

What Happened

$313.02

+2.32%

Broke up — max move 3.6% (need ≤2%)

2026-04-14

📌 PIN

Strength 20%

Magnet

Floor $270

Ceiling $300

Range 9.6%

✗ Miss

Win Criteria

Close within 0.5% of $270 by end of day

What Happened

$305.93

-1.67%

Closed 11.5% from wall (need ≤0.5%) — moved -1.7%

2026-04-13

↔ CAGE

Strength 20%

Magnet

Floor $300

Ceiling $325

Range 8.0%

✗ Miss

Win Criteria

Stay inside $300–$325 for 5 days

What Happened

$316.99

+1.06%

Broke down — max move 2.5% (need ≤2%)

2026-04-10

📌 PIN

Strength 5%

Magnet

Floor $275

Ceiling $325

Range 16.1%

✗ Miss

Win Criteria

Close within 0.5% of $325 by end of day

What Happened

$313.68

+1.23%

Closed 3.7% from wall (need ≤0.5%) — moved +1.2%

2026-04-09

↔ CAGE

Strength 75%

Magnet

Floor $310

Ceiling $315

Range 1.6%

✓ Hit

Win Criteria

Stay inside $310–$315 for 5 days

What Happened

$309.95

-0.12%

2026-04-08

📌 PIN

Strength 5%

Magnet

Floor $285

Ceiling $310

Range 8.1%

✗ Miss

Win Criteria

Close within 0.5% of $285 by end of day

What Happened

$310.33

+0.77%

Closed 8.2% from wall (need ≤0.5%) — moved +0.8%

2026-04-07

📌 PIN

Strength 15%

Magnet

Floor $285

Ceiling $310

Range 8.4%

✗ Miss

Win Criteria

Close within 0.5% of $310 by end of day

What Happened

$307.97

+3.55%

Closed 0.7% from wall (need ≤0.5%) — moved +3.6%

2026-04-06

📌 PIN

Strength 20%

Magnet

Floor $285

Ceiling $310

Range 8.5%

✗ Miss

Win Criteria

Close within 0.5% of $310 by end of day

What Happened

$297.40

+0.66%

Closed 4.3% from wall (need ≤0.5%) — moved +0.7%

2026-04-02

📌 PIN

Strength 20%

Magnet

Floor $260

Ceiling $295

Range 11.9%

✗ Miss

Win Criteria

Close within 0.5% of $260 by end of day

What Happened

$295.45

+0.29%

Closed 12.0% from wall (need ≤0.5%) — moved +0.3%

2026-04-01

📌 PIN

Strength 20%

Magnet

Floor $260

Ceiling $295

Range 11.8%

✗ Miss

Win Criteria

Close within 0.5% of $260 by end of day

What Happened

$294.60

-0.26%

Closed 11.7% from wall (need ≤0.5%) — moved -0.3%

2026-03-31

📌 PIN

Strength 20%

Magnet

Floor $260

Ceiling $295

Range 11.9%

✗ Miss

Win Criteria

Close within 0.5% of $260 by end of day

What Happened

$295.38

+0.41%

Closed 12.0% from wall (need ≤0.5%) — moved +0.4%

2026-03-30

↔ CAGE

Strength 40%

Magnet

Floor $260

Ceiling $275

Range 5.3%

✗ Miss

Win Criteria

Stay inside $260–$275 for 5 days

What Happened

$297.40

+4.80%

Broke up — max move 4.1% (need ≤2%)

2026-03-27

📌 PIN

Strength 70%

Magnet

Floor $285

Ceiling $300

Range 5.3%

✓ Hit

Win Criteria

Close within 0.5% of $285 by end of day

What Happened

$283.77

+0.33%

2026-03-26

📌 PIN

Strength 20%

Magnet

Floor $265

Ceiling $300

Range 12.0%

✗ Miss

Win Criteria

Close within 0.5% of $300 by end of day

What Happened

$282.84

-3.02%

Closed 5.9% from wall (need ≤0.5%) — moved -3.0%

2026-03-25

📌 PIN

Strength 50%

Magnet

Floor $265

Ceiling $300

Range 11.8%

✗ Miss

Win Criteria

Close within 0.5% of $300 by end of day

What Happened

$291.66

-1.27%

Closed 2.8% from wall (need ≤0.5%) — moved -1.3%

2026-03-24

📌 PIN

Strength 20%

Magnet

Floor $265

Ceiling $300

Range 12.0%

✗ Miss

Win Criteria

Close within 0.5% of $300 by end of day

What Happened

$295.42

+1.03%

Closed 1.6% from wall (need ≤0.5%) — moved +1.0%

2026-03-23

📌 PIN

Strength 20%

Magnet

Floor $265

Ceiling $300

Range 12.1%

✗ Miss

Win Criteria

Close within 0.5% of $300 by end of day

What Happened

$292.40

+0.86%

Closed 2.6% from wall (need ≤0.5%) — moved +0.9%

2026-03-20

📌 PIN

Strength 15%

Magnet

Floor $265

Ceiling $300

Range 12.2%

✗ Miss

Win Criteria

Close within 0.5% of $265 by end of day

What Happened

$289.91

+1.17%

Closed 8.7% from wall (need ≤0.5%) — moved +1.2%

2026-03-19

📌 PIN

Strength 20%

Magnet

Floor $260

Ceiling $300

Range 13.9%

✗ Miss

Win Criteria

Close within 0.5% of $260 by end of day

What Happened

$286.56

-0.49%

Closed 9.2% from wall (need ≤0.5%) — moved -0.5%

2026-03-18

📌 PIN

Strength 20%

Magnet

Floor $260

Ceiling $300

Range 13.9%

✗ Miss

Win Criteria

Close within 0.5% of $260 by end of day

What Happened

$287.97

+0.08%

Closed 9.7% from wall (need ≤0.5%) — moved +0.1%

2026-03-17

📌 PIN

Strength 20%

Magnet

Floor $260

Ceiling $300

Range 13.9%

✗ Miss

Win Criteria

Close within 0.5% of $260 by end of day

What Happened

$287.74

+0.30%

Closed 9.7% from wall (need ≤0.5%) — moved +0.3%

2026-03-16

📌 PIN

Strength 20%

Magnet

Floor $260

Ceiling $300

Range 14.0%

✗ Miss

Win Criteria

Close within 0.5% of $300 by end of day

What Happened

$286.89

+0.26%

Closed 4.6% from wall (need ≤0.5%) — moved +0.3%

2026-03-13

📌 PIN

Strength 30%

Magnet

Floor $260

Ceiling $300

Range 14.1%

✗ Miss

Win Criteria

Close within 0.5% of $260 by end of day

What Happened

$286.16

+0.96%

Closed 9.2% from wall (need ≤0.5%) — moved +1.0%

2026-03-12

↔ CAGE

Strength 55%

Magnet

Floor $290

Ceiling $300

Range 3.5%

✓ Hit

Win Criteria

Stay inside $290–$300 for 5 days

What Happened

$287.97

+1.80%

2026-03-11

↔ CAGE

Strength 75%

Magnet

Floor $300

Ceiling $305

Range 1.7%

✓ Hit

Win Criteria

Stay inside $300–$305 for 5 days

What Happened

$287.74

+0.08%

2026-03-10

↔ CAGE

Strength 75%

Magnet

Floor $300

Ceiling $305

Range 1.7%

✗ Miss

Win Criteria

Stay inside $300–$305 for 5 days

What Happened

$286.89

-0.64%

Broke down — max move 2.0% (need ≤2%)

2026-03-09

↔ CAGE

Strength 75%

Magnet

Floor $300

Ceiling $305

Range 1.7%

✗ Miss

Win Criteria

Stay inside $300–$305 for 5 days

What Happened

$286.16

-1.30%

Broke down — max move 2.4% (need ≤2%)

2026-03-06

↔ CAGE

Strength 55%

Magnet

Floor $290

Ceiling $300

Range 3.5%

✓ Hit

Win Criteria

Stay inside $290–$300 for 5 days

What Happened

$283.44

-2.09%

2026-03-05

↔ CAGE

Strength 40%

Magnet

Floor $275

Ceiling $295

Range 6.8%

✓ Hit

Win Criteria

Stay inside $275–$295 for 5 days

What Happened

$282.89

-3.63%

2026-03-04

↔ CAGE

Strength 40%

Magnet

Floor $275

Ceiling $295

Range 6.7%

✗ Miss

Win Criteria

Stay inside $275–$295 for 5 days

What Happened

$287.52

-3.96%

Broke down — max move 3.3% (need ≤2%)

2026-03-03

↔ CAGE

Strength 40%

Magnet

Floor $275

Ceiling $295

Range 6.7%

✗ Miss

Win Criteria

Stay inside $275–$295 for 5 days

What Happened

$288.73

-3.84%

Broke down — max move 3.6% (need ≤2%)

2026-03-02

↔ CAGE

Strength 40%

Magnet

Floor $275

Ceiling $295

Range 6.7%

✓ Hit

Win Criteria

Stay inside $275–$295 for 5 days

What Happened

$289.92

-2.57%

2026-02-27

↔ CAGE

Strength 40%

Magnet

Floor $290

Ceiling $310

Range 6.7%

✓ Hit

Win Criteria

Stay inside $290–$310 for 5 days

What Happened

$289.48

-3.60%

2026-02-26

📌 PIN

Strength 50%

Magnet

Floor $290

Ceiling $310

Range 6.5%

✗ Miss

Win Criteria

Close within 0.5% of $310 by end of day

What Happened

$300.30

-1.90%

Closed 3.2% from wall (need ≤0.5%) — moved -1.9%

2026-02-25

↔ CAGE

Strength 40%

Magnet

Floor $290

Ceiling $310

Range 6.6%

✓ Hit

Win Criteria

Stay inside $290–$310 for 5 days

What Happened

$299.39

-1.29%

2026-02-24

↔ CAGE

Strength 40%

Magnet

Floor $290

Ceiling $310

Range 6.7%

✗ Miss

Win Criteria

Stay inside $290–$310 for 5 days

What Happened

$300.26

+1.00%

Broke up — max move 3.0% (need ≤2%)