Home Options TSLAReports

TSLA

Tesla, Inc.Close $391.00EOD only

Max Pain

$422.50

Next expiry Jun 8, 2026

Expected Move

±$11.60

3.0% from close

Price Gap

+31.50

Distance to max pain

IV Rank

High premium

P/C OI

0.71

Slightly call-heavy

Consensus

6.5/10

Bearish tilt

Published snapshot: Jun 5, 2026 close

End-of-day snapshot

This page reflects TSLA options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

Jun 5, 2026 close

TSLA Earnings Report

Analysis based on market close June 8, 2026

Directional Theta Gang Flow Earnings Consensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Earnings Verdict

TSLA pinned near $405 with massive 0DTE flow and bullish regime. Earnings 44 days away, low historical beat rate but strong near-term gamma support.

Confidence:

9 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 spot 1.0% from MP; +0.5 VIX 19

Most important: Gamma pinning at $405 driven by unusual put/call activity; 0DTE expiration today creates high vol risk.

📊Put/Call OI ratio 0.71 favors calls, but $400 put OI provides downside cushion.

⚠️0DTE open interest extreme: 117k puts at $407.5 vs 565 OI may trigger hedging.

Regime Classification

Vol Regime

High

Gamma Regime

Pinning

Flow Regime

Bullish

Spot vs MP

Gamma flip: ~$300.00 — Approx — based on put OI concentration of 22,939 (26.6% below spot)

Earnings Overview

Next earnings: 2026-07-22 (44 days)explicit

Expected moves:

2026-06-10 (2d): ±$12.32 (3.0%)
2026-06-12 (4d): ±$18.97 (4.6%)
2026-06-15 (7d): ±$22.78 (5.6%)

IV Setup

Term structure: Elevated near-term from 0DTE pinning; longer-term suppressed ahead of earnings in 44 days.

Crush estimate: Estimated 10-15% crush post-event.

Skew: Call skew elevated on bullish flow; put skew depressed by heavy OI at $400-$405.

Historical Context

Beat rate: 40% (2/5 quarters)

Avg move vs expected: 40% beat rate (2/5), actual moves often within implied range.

Directional bias: Mixed; no consistent post-earnings trend.

Key Levels

1$300.00 gamma flip

2EM guardrails: 2d $396.63/$421.28; 1w $386.18/$431.73

3Max pain pins: $405 (2026-06-08); $412 (2026-06-10); $412 (2026-06-12)

Flow Highlights

Massive 0DTE call vol at $412.5 (vol/OI 132.8) and put vol at $407.5 (vol/OI 207.3).

Dealers hedging gamma pinning; spot anchored near $405 max pain.

Strategies

Pinned Iron Condor

Sell 2026-07-10 $405.00/$400.00 put wing and $430.00/$435.00 call wing

Credit: $3.35-$4.10

Max loss: $0.90

Max gain: $4.10

BE: 400.90 / 434.10

Trigger: Exit if spot breaks $400 or $430.

TSLA pinned at $405 with gamma support. Condor profits if spot stays $400-$430.

Outperforms: Sell put wing $405/$400 and call wing $430/$435. Defined risk, max gain $4.10, loss $0.90.

Underperforms: Move outside short strikes invalidates range thesis.

Range-Bound Strangle

Sell 2026-07-10 $405.00 put + sell $430.00 call

Credit: $31.21-$38.14

Max loss: Unlimited

Max gain: $38.14

BE: 366.86 / 468.14

Trigger: Set stop loss at $400/$430; roll if spot approaches extremes.

Elevated near-term IV from 0DTE pinning. Short strangle captures premium in $400-$430 range.

Outperforms: Sell $405 put and $430 call. High premium, unlimited risk if breached.

Underperforms: Break outside short strikes invalidates short-vol thesis.

Vol Decay Calendar

Sell 2026-06-18 $430.00 call / buy 2026-07-10 $430.00 call

Debit: $7.51-$9.19

Max loss: $9.19

Max gain: Variable

BE: Path-dependent

Trigger: Invalidation at $405; exit if spot drops below.

Near-term IV inflated, longer-term suppressed. Calendar benefits as near-term IV decays faster.

Outperforms: Sell June 18 $430 call, buy July 10 $430 call. Profits on near-term vol crush.

Underperforms: Loss of support or adverse vol term shift weakens thesis.

Long straddle

Buy 2026-07-17 $415.00 put + buy $415.00 call

Debit: $45.61-$55.74

Max loss: $55.74

Max gain: Unlimited

BE: 359.26 / 470.74

Elevated IV ahead of earnings (44d) with potential 10-15% crush; straddle profits from move beyond breakevens.

Outperforms: Capture TSLA post-earnings vol with defined risk.

Underperforms: Under-realized move and IV crush hurt long-vol thesis.

Risk Assessment

!0DTE gamma risk at expiration

!Pinning near $405 may cause sharp reversal if broken

!Elevated VIX (19) amplifies vol

!Low historical beat rate (40%)

What to Watch

?Spot reaction to $405 pin level

?Call wall at $430

?Put flow at $400 support

?Volume decay post-0DTE expiry

How to Use These Reports

This earnings reflects the market close on June 8, 2026.

What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.