Elliot Correction Wave supported by current TSLA Gamma Exposure
There is supporting evidence for this move currently in a $100 skew in the max pain Gamma Exposure from the 12/11 to 12/18 option contracts.
Current Max Pain Values:
2020-12-11: 600.0
2020-12-18: 500.0
2020-12-11: 600.0
Current Max Pain Values:
2020-12-11: 600.0
2020-12-18: 500.0
2020-12-11: 600.0
Note
Updated Max Pain Values:Calculated TSLA Price: $629.3
2020-12-18: 525.0
2020-12-24: 537.5
2020-12-31: 520.0
Note
Updated Max Pain Values:Calculated TSLA Price: $614.77
2020-12-18: 550.0
2020-12-24: 550.0
2020-12-31: 530.0
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