Tesla shares rose about 3.5% in Friday afternoon trading, approaching $330 and extending a rally that began earlier in the week. The move put the stock close to its highest level since late July and lifted year-to-date gains. Derivatives data signalled aggressive bullish positioning. Net options delta increased by roughly 4.3 million shares, while estimated positive gamma exposure climbed to about $320 million. Call volume dominated trading, driving the put-call volume ratio down to 0.41 as investors targeted the $330, $327.50 and $325 strikes. Technicians highlighted the $300 level—described as a key “gamma wall”—as support, noting a pattern of higher lows since the company’s latest earnings report. Market participants are now watching whether Tesla can consolidate above $330, a level that options pricing shows as the next area of resistance.