TSLA Intraday Gamma Update

Some notable observations. First: As projected yesterday we keep bouncing around 1100 where massive amounts of dealer gamma is located (talk about liquidity). Second: Gamma at 1200 decreased slightly and a new put wall was established at 1000 with a concentration of minus 8.5M of gamma notional. Interestingly the level at which gamma inversion occurs jumped from 980 to 1030. If OPEX catches investors on the wrong foot volatility could erupt from there on downwards. Be careful.