Is the OI Wall a Magnet?
Pin, level, or fuel — decide before you fade it
Time to expiry
Dealer gamma sign (GEX)
Distance from price to the wall
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Pick all three above
The same OI wall can pin price, act as plain support/resistance, or become breakout fuel. The answer depends on gamma, time, and distance.
A magnet needs real hedging pressure: positive dealer gamma, close to expiry, price near the wall. Negative gamma flips the sign — the wall becomes an accelerant, not a brake.