Home Options TSLAReports

TSLA

Tesla, Inc.Close $309.22EOD only

Max Pain

$320.00

Next expiry Jul 29, 2026

Expected Move

±$10.07

3.3% from close

Price Gap

+10.78

Distance to max pain

IV Rank

Low premium

P/C OI

0.71

Slightly call-heavy

Consensus

5.5/10

Range bias

Published snapshot: Jul 27, 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

Jul 27, 2026 close

TSLA Theta Report

Analysis based on market close June 11, 2026

Directional Theta Gang Flow Earnings Consensus

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

You are viewing an older report from June 11, 2026. A newer theta report is available for June 29, 2026.

View latest report

Theta Verdict

Confidence:

9 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 spot 0.2% from MP; +0.5 VIX 19

IV Environment

IV Regime

High

IV vs VIX

IV significantly elevated relative to VIX

Favorable?

Yes

Term structure: Steep near-term contango with front-month IV at 57% dropping to 50% by 6/26; reflects event risk decay.

📈IV at 72.7% vs VIX 19.4 – rich premium for sellers.

🎯Max pain pin at $400 across multiple expiries.

🐂Bullish dealer flow and positive GEX support premium selling.

Pin Risk Assessment

Spot vs MP: At

GEX regime: Pinning ($+87.8M)

Gamma flip: ~$300.00 — Approx — based on put OI concentration of 22,020 (24.8% below spot)

OI concentrations: Put OI concentrated at $240-$300 (floor), Call OI at $430-$500 (wall). Gamma flip near $300.

Verdict: Pinning likely at $400; moderate pin risk due to high OI at strikes.

Premium Opportunities

Put credit spread

Sell 2026-07-17 $400.00/$375.00 put spread

Sell $400/$375 put spread, defined risk, benefits from high IV.

Credit: $9.79-$11.96

Max loss: $13.04

BE: $388.04

Mgmt: Exit if TSLA breaks $385 below $365 invalidation.

Iron condor

Sell 2026-07-10 $400.00/$380.00 put wing and $410.00/$420.00 call wing

Sell $400/$380 put wing and $410/$420 call wing, range-bound income.

Credit: $11.27-$13.78

Max loss: $6.22

BE: 386.22 / 423.78

Mgmt: Adjust wings if pin shifts or vol collapses.

Risk Alerts

!High IV regime: manage size and use defined-risk structures.

!Gamma flip at $300: beware if spot drops sharply.

How to Use These Reports

This theta reflects the market close on June 11, 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.