
$TSLA is experiencing a significant gamma squeeze, with the highest call volume since 2021 recorded on November 8, 2024. The negative gamma high point shifted from approximately $285 on November 16 to $300, influenced by new call positions. Implied volatility (IV) has surged, with a 14% increase on November 8, pushing the IV rank from 35 to 63. Market analysts note that the unusual order flow in short-term $TSLA calls has not drawn attention from the SEC, raising questions about the sustainability of this price movement. The stock is described as 'crashing up' amid this volatility, indicating strong upward momentum.
$tsla stock is a gamma squeeze.. https://t.co/fZzVGwlvn4
As $TSLA gets gamma squeezed again, IV is exploding higher. IV rank was 35 yesterday, now 63. The stock is basically "crashing up". This can go on for a while as the SEC hasn't shown any interest whatsoever in investigating the highly unusual order flow in short term $TSLA calls.
Today will be the highest $TSLA call volume since 2021. The gamma squeeze is back in size.
