TSLA – GEX Options Sentiment & 1H Swing Trade Analysis. Aug.4Tesla, Inc.BATS:TSLABullBearInsights GEX-Based Options Sentiment TSLA’s Gamma Exposure (GEX) positioning remains decidedly bearish. * Highest negative NETGEX / PUT Support anchored near $300, with additional strong put concentrations between $290 – $296. * Overhead call resistance begins at $315 – $325, aligned with notable call walls and the 49%+ call resistance zone. * Current IV Rank (IVR 12.6) and relatively high implied volatility (IVx avg 55.7) suggest premiums are elevated, favoring credit-based strategies for sellers, but directional traders can exploit potential breakdown momentum. Option Trade Considerations: * Bearish bias remains while below $308. * Short-term Bearish Play: Consider buying puts or put debit spreads targeting $296 – $292. * Swing Bias: Keep an eye on $300 — a confirmed daily close below this level could trigger an accelerated downside move toward the mid-$280s. * Avoid heavy call exposure unless TSLA reclaims $315 with volume. 1H Chart – Swing Trade Technicals On the 1-hour chart, TSLA remains in a well-defined descending channel with lower highs and lower lows. * Price action is consolidating just above $300, forming a weak bounce structure that lacks bullish conviction. * The $300 – $304 zone is now a pivotal short-term resistance area. * Volume remains heavier on down moves, further supporting the bearish case. * The descending resistance trendline from late July continues to cap rallies. Swing Trade Scenarios: * Bearish Scenario: * Short entries can be considered on failed bounces into $304 – $308. * First target: $296 – $292. * Second target (if breakdown accelerates): $285 – $280. * Bullish Scenario (Low Probability Until Breakout): * A breakout and hourly close above $315 could trigger short covering toward $325 – $330. Risk Management: * Stops for shorts should be set above $311 – $315, depending on aggression level. * Watch for potential gamma flip near $308, where dealer positioning may shift. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always perform your own research and manage risk appropriately before trading.