🔍 GEX Analysis (Options Sentiment)
* Key Call Walls (Resistance):
* $322.5: +42.65% GEX — Major resistance and 2nd Call Wall
* $325 / $330: More overhead call resistance
* $317.5: Minor resistance
* Gamma Flip Zone (Highest Net GEX / Resistance):
* Around $320–322.5, price is likely to face supply pressure from dealers hedging short calls.
* PUT Walls (Support):
* $305: 2nd PUT Wall (−17.84% GEX)
* $300: PUT Support (−38.21% GEX)
* HVL (High Volume Level):
* $312.5: High-volume strike for this week’s expiration – significant battleground.
* IVR/Flow:
* IVR is 14.4 – low implied volatility.
* Call bias dominates: Calls 63.9% vs Puts.
* GEX sentiment = 🟥 Bearish leaning.
💡 Options Strategy Based on GEX
* Bearish Play:
* Buy 305P or 300P for short-term swing into the gamma void.
* Best risk:reward as dealers are likely to unwind positive gamma, accelerating downside toward PUT walls.
* Neutral-to-Bearish Strategy:
* Bear Call Spread around $317.5–$322.5 (above HVL, inside call wall congestion).
* Expect price rejection below $317.5 if no reclaim happens.
* Avoid CALLs unless price reclaims and holds above $317.5 with strong volume and momentum shift.
📈 1-Hour Chart Technical Analysis
* Structure:
* Bearish CHoCH and confirmed Break of Structure (BOS) below $310.
* Price dropped from the upper OB and failed retest confirms supply zone around $317–$321.
* Trendlines:
* Descending wedge forming with lower highs and current support at $307.97 and $305.
* Watch for bounce-to-fail retests at $312.5 or breakdown continuation.
* Zones to Watch:
* Bearish Order Block (OB): $316–$321 (purple zone) = Sell zone.
* Demand/Support Zone: $293–$296 (green box) – likely bounce zone.
📌 Trade Scenarios
* Bearish Intraday Trade Setup:
* Entry: Below $309 or retest rejection from $312.5
* Target: $305 → $300
* Stop: Above $313 or OB invalidation at $317.5
* Bullish Counterplay (Only if confirmed):
* Entry: Hold above $317.5
* Target: $322.5 → $325
* Stop: Break below $315
🎯 Final Thoughts
TSLA looks weak and in distribution after sweeping local highs. The current GEX map favors bearish continuation, and the 1H BOS confirms breakdown structure. Unless $317.5 is reclaimed, bears have the upper hand.
Disclaimer: This analysis is for educational purposes only and not financial advice. Always do your own research and manage risk before trading.
* Key Call Walls (Resistance):
* $322.5: +42.65% GEX — Major resistance and 2nd Call Wall
* $325 / $330: More overhead call resistance
* $317.5: Minor resistance
* Gamma Flip Zone (Highest Net GEX / Resistance):
* Around $320–322.5, price is likely to face supply pressure from dealers hedging short calls.
* PUT Walls (Support):
* $305: 2nd PUT Wall (−17.84% GEX)
* $300: PUT Support (−38.21% GEX)
* HVL (High Volume Level):
* $312.5: High-volume strike for this week’s expiration – significant battleground.
* IVR/Flow:
* IVR is 14.4 – low implied volatility.
* Call bias dominates: Calls 63.9% vs Puts.
* GEX sentiment = 🟥 Bearish leaning.
💡 Options Strategy Based on GEX
* Bearish Play:
* Buy 305P or 300P for short-term swing into the gamma void.
* Best risk:reward as dealers are likely to unwind positive gamma, accelerating downside toward PUT walls.
* Neutral-to-Bearish Strategy:
* Bear Call Spread around $317.5–$322.5 (above HVL, inside call wall congestion).
* Expect price rejection below $317.5 if no reclaim happens.
* Avoid CALLs unless price reclaims and holds above $317.5 with strong volume and momentum shift.
📈 1-Hour Chart Technical Analysis
* Structure:
* Bearish CHoCH and confirmed Break of Structure (BOS) below $310.
* Price dropped from the upper OB and failed retest confirms supply zone around $317–$321.
* Trendlines:
* Descending wedge forming with lower highs and current support at $307.97 and $305.
* Watch for bounce-to-fail retests at $312.5 or breakdown continuation.
* Zones to Watch:
* Bearish Order Block (OB): $316–$321 (purple zone) = Sell zone.
* Demand/Support Zone: $293–$296 (green box) – likely bounce zone.
📌 Trade Scenarios
* Bearish Intraday Trade Setup:
* Entry: Below $309 or retest rejection from $312.5
* Target: $305 → $300
* Stop: Above $313 or OB invalidation at $317.5
* Bullish Counterplay (Only if confirmed):
* Entry: Hold above $317.5
* Target: $322.5 → $325
* Stop: Break below $315
🎯 Final Thoughts
TSLA looks weak and in distribution after sweeping local highs. The current GEX map favors bearish continuation, and the 1H BOS confirms breakdown structure. Unless $317.5 is reclaimed, bears have the upper hand.
Disclaimer: This analysis is for educational purposes only and not financial advice. Always do your own research and manage risk before trading.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.