Today's OI Read — SNAP
Where the walls are, where price sits, and what the dealer positioning implies for Snap
Sandwiched between dominant walls — dealer hedging on both sides creates structural pinning.
Near or below average — wall levels carry typical structural weight.
Below 0.8 — call OI dominates. Bullish positioning; dealers are short calls and will sell delta into rallies.
The highest OI concentration strike — the structural anchor dealers are most committed to hedging.
Price is below the dominant wall — acts as resistance.
Call-heavy at the dominant wall — call sellers cap rallies toward it. Acts as resistance.
Today's Top Setup — SNAP
SQUEEZE, PIN, and CAGE scored 0–100 from OI structure. Highest score = today's highest-conviction setup.
Strength scores are locked
PROSee exactly which setup is most likely — and by how much
Top OI Walls
Largest open interest concentrations · sorted by strike price · * OI projected from prior day
| Rank | Strike | Call OI | Put OI | Total OI | P/C | % of Max |
|---|---|---|---|---|---|---|
| #3 | $6 Resistance | 7,986 | 314 | 8,300 | 0.04 |
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| #1 | $6 Resistance | 22,017 | 11,562 | 33,579 | 0.53 |
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▶ $5.55
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| #4 | $6 Support | 1,533 | 2,058 | 3,591 | 1.34 |
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| #2 | $5 Support | 22,539 | 10,810 | 33,349 | 0.48 |
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SQUEEZE / PIN / CAGE Setup Backtest — SNAP
Last 50 sessions — which setup fired, what the score was, and whether it hit. See the actual win/loss record.