CMS

CMS Energy

Sector benchmark XLU

76.50

−1.8%

±4.5%into Jul 1773.08–79.92±4.5%monthly73.08–79.92Pullback · —Knife · —Momentum · —DP short-vol · 47% ▾ easing

Price · 6 months · dailyprice50-day200-day

Option levels

6m high79.32

6m low68.42

Vol vs 20d avg0.6× · quiet

Off 52-wk high-3.6%

Dark pool FINRA · T+1

Short-vol ratio47% · easing

Off-exchange share34%

vs own 1-yr (z)1.3

full dark-pool history →

Sector RS vs XLU

+1.1%vs XLU · 63 sessions

CMS vs XLU · 3m+1.1%

CMS vs XLU · 6m+4.0%

ratio of closes, rebased — a relative read, not a peer percentile

Gamma profile CBOE delayed

Call wall80.00

Zero-gamma82.50

Put wall75.00

Spot vs zero-γ7.3% below

Dealer posturelong gamma · dampens moves

nearest expiry 2026-07-17 · heuristics · full profile →

Auto-note //Sitting below zero-gamma (82.50) — dealer hedging chases moves below it. The 80.00 call wall is the nearest-expiry ceiling heuristic; 75.00 is the floor. Options price ±4.5% into Jul 17. Dark-pool short volume at 47% and easing vs its 20-day.

Composed from the nightly pipelines — every panel degrades independently when its dataset is missing. Heuristics labeled as heuristics; not investment advice.