TSLA GEX Daily (Options Sentiment Outlook) June 2

TSLA's GEX layout is looking real clean for directional play this week. We're hovering around 346.46, just below that major 355 HVL (High Volume Level) and 2nd CALL wall, which is where dealers are likely to defend or pin unless price makes a decisive move.

Here's the flow setup:
* 🟩 46.96% GEX and call wall cluster between 355–375, acting as short-term resistance unless we see a breakout.
* 🟥 Below sits strong put support near 320, and that's also near the bottom of the red zone (-36.74% GEX).
* ⚠️ IVR only at 24.8, so premiums are cheap — smart to consider directional plays before vol spikes.

🧠 Options Strategy Idea (Based on GEX):
* Bullish: Wait for clean break/close above 355, then go for Jul 19 370c or a debit spread like 355c/375c.
* Bearish Hedge: If TSLA fails 346 and drops under 335, consider Jul 19 330p/320p spread for risk-managed downside.
🎯 Call buyers should wait for confirmation over 355 — there's serious gamma resistance there.
Puts get spicy below 335 — dealers likely flip short and accelerate downside.

⏱️ TSLA 1H Chart (Swing & Intraday Action Plan)



Now zooming in to the 1-hour structure...
TSLA had a clean uptrend with some hesitation at 355, forming a local double top structure before Friday's selloff. We’ve bounced off 335 demand, and that’s shaping up as this week’s pivot zone.

Current structure notes:
* 📉 Strong rejection near 355.
* 📊 Price is consolidating under that level — likely gearing up for either a breakout or a deeper pullback.
* 🔄 EMA looks flat, volume tapering → signaling indecision.

📈 Swing Setup:
* Bullish: Long on reclaim + retest of 355, targeting 370–375. Stop below 348.
* Bearish: Short setup under 335 breakdown → target 320 zone. Stop above 340.

📉 Intraday Plan:
* Range: 335–355 is your battlefield.
* Play the edges:
* Short near 355 rejection → target 346 or 338.
* Long off 335 bounce → scalp back to 346–350.

💬 This zone is all about patience — don’t chase inside the chop. Let price either reclaim 355 or flush below 335 before going heavy.

🧠 Final Thoughts
TSLA’s setup is one of the more binary ones this week — it’s coiled under gamma resistance but holding key demand. GEX is telling us this: break 355 and the path is open to 370–400; lose 335 and things can slide to 320 fast.
Cheap IV? Great for debit spreads or directional plays. But stay reactive — TSLA rarely stays quiet for long.

⚠️ Disclaimer:
This analysis is for educational purposes only. Not financial advice. Always manage risk and do your own research before trading.