AAPL – Testing 300 Call Wall Confluence After Pullback
AAPL is consolidating on the daily chart after pulling back from recent highs near 318 (nCOI zone), with price now sitting just below 300 — the highest call NETGEX wall on the board.
Price remains well above HVL at 277.5, keeping the stock inside a positive GEX regime. The immediate battle is whether momentum can reclaim and accept above the 300 multi-confluence cluster — C1, Ab1, COI, AbOI, and the strongest call volume flow all stacked at one strike — or whether C1 continues to cap the bounce.
Overhead, 310 (C2) and the 318 nCOI zone are the next references if 300 clears. Acceptance above C1 opens positive gamma extension and squeeze potential toward those levels.
Below spot, 292.5 (P3) is immediate support, with HVL at 277.5 as the regime pivot. Deeper structure sits at 250 (P2 + POI) and 240 (P1 + nPOI).
Call pricing skew at 13.1% (66 DTE) reflects modest upside demand, and the Options Oscillator green histogram is rising from a recent low — skew building again as price approaches C1. IVRank 32, IVx 24.3, implied move ±1.12% (±3.3).
Key levels:
- 300 (C1 + Ab1 + COI + AbOI + CV) — immediate pivot
- 292.5 (P3) — immediate support
- 310 (C2) — next upside target if C1 clears
The key question: break and hold above 300 — or retest 292.5 on another C1 rejection?
Full GEX breakdown on TradingView: