# TSLA — Max Pain / GEX · GammaGrid demo **Gamma weather: Clear.** Positive gamma with the flip far off — dealer hedging is damping moves. *(next 25 days · 8 expiries)* | Level | Value | |---|---| | Price | 361.11 | | Call wall | 400.00 | | Put wall | 200.00 | | Gamma flip | 378.21 | | Net GEX | 29.8 M | ## Max pain and dealer gamma by expiry Nearest expiries first. Max pain is the strike where open interest would expire worth the least; the expected move is one standard deviation from at-the-money implied volatility; net GEX is the dealers' estimated gamma exposure for that expiry, positive damps moves and negative amplifies them. | Expiry | Max pain | Expected move | Range | Call wall | Put wall | Net GEX | Contracts | |---|---|---|---|---|---|---|---| | 2026-09-14 | 365.00 | ±0.9% | 357.82 – 364.41 | 400.00 | 360.00 | -3.5 M | 109 | | 2026-09-16 | 362.50 | ±3.4% | 348.87 – 373.36 | 370.00 | 305.00 | 3.7 M | 103 | | 2026-09-18 | 360.00 | ±4.7% | 344.21 – 378.02 | 990.00 | 200.00 | 18.4 M | 313 | | 2026-09-21 | 365.00 | ±5.3% | 342.08 – 380.15 | 380.00 | 345.00 | 0.0 M | 90 | | 2026-09-23 | 367.50 | ±6.2% | 338.74 – 383.49 | 390.00 | 382.50 | 0.7 M | 88 | | 2026-09-25 | 355.00 | ±7.0% | 335.69 – 386.54 | 385.00 | 130.00 | 4.6 M | 198 | 22 expiries in the chain; the page lists every one. ## About these numbers Computed by GammaGrid from the TSLA options chain — dealer gamma exposure, max pain and the walls are GammaGrid's own arithmetic over open interest; the source data is delayed. Collected 2026-09-14T15:33:54.114698 UTC; this page follows the collection, roughly every fifteen minutes while the market is open. Other views of TSLA: [Overview](https://app.gammagrid.io/demo/t/TSLA.md) · [GEX Heatmap](https://app.gammagrid.io/demo/t/TSLA/heatmap.md) · [Volatility (IV)](https://app.gammagrid.io/demo/t/TSLA/volatility.md). Canonical page: · The demo shows the free list only; a GammaGrid account watches any US-listed ticker with options, replays earlier collections and opens every contract: