TSLA gamma exposure by strike

From the closing options book · October 20, 2026 · updated after every close

TSLA closed at 373.71 on October 20, 2026 with dealers net long $144M of gamma. The call wall was 400 (+7.0%), the put wall 350 (−6.3%) and the apex, the single largest gamma strike, 400.

+$144M
Net gamma
400
Call wall
+7.0%
350
Put wall
−6.3%
381.25
Gamma flip
+2.0%

TSLA largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
385
+$20.4M
382.5
+$5.2M
380
+$15.7M
377.5
+$7.6M
375
+$7.6M
— close 373.71 —
370
+$7.9M
365
+$4.3M
360
−$4.7M

The heaviest strike on the October 20, 2026 book was 385, carrying +$20.4M of dealer gamma, +3.0% from the close.

TSLA closed with dealers short gamma on 1 of the last 60 sessions. In short gamma, dealer hedging buys rallies and sells drops, which tends to extend moves; in long gamma it leans against them.

Positive (green) strikes are where dealers are long gamma and hedge against the move; negative (pink) strikes are where they are short and hedge with it. These are closing levels: where hedging was concentrated last night, not targets.

These are the October 20, 2026 closing numbers. Members see TSLA's map move live all session.

Common questions

What is TSLA's gamma exposure?

At the October 20, 2026 close, TSLA's net dealer gamma exposure was +$144M: long gamma.

Where is TSLA's call wall?

400, +7.0% from the 373.71 close on October 20, 2026.

Where is TSLA's put wall?

350, −6.3% from the close on October 20, 2026.

Compare: gamma exposure by strike on other tickers

Measured from the closing options book and rebuilt after every close. Nothing on this page is live. Levels are where dealer hedging is concentrated, not targets or forecasts. Not investment advice.