Heads up - TSLA earnings coming up - Wed July 22 (MSFT also)

Discussion in 'Options' started by OptionsOptionsOptions, Jul 21, 2020.

  1. TSLA
    • Wednesday after-hours is going to be a big day for earnings.
    • This is going to be very interesting.
    • July24 TSLA options are VERY EXPENSIVE.
    • What do you think - Up or down?
    • Anybody trading TSLA options during these earnings?
    Perhaps trade QQQ options for a budget trade.
     
  2. i shorted Tesla 900 1000 500 300 put. Do not mind buy them at that price
     
  3. S2007S

    S2007S


    I'm assuming the July 24th

    300 put trading at 0.02

    500 put trading at 0.03

    900 put trading at 1.13

    1000 put trading at 2.15


    Could the 300 and 500 puts even make any money? Tesla stock would have to plummet for those to be worth anything Thursday

    Whats your prediction?
     
  4. He sold
     
  5. S2007S

    S2007S



    I reread it...thanks
     
  6. Pekelo

    Pekelo

    Up. There is no way they can not engineer (and I mean cook) a little profit. Now how the market will react to it, that is different. Probably a rally and a quick sell off.
     
  7. 300,500 for next month.1000 and 900 put this friday. i shorted last friday
     
  8. ET180

    ET180

    Same here although just the 300 for September. I'll probably sell some higher strikes tomorrow.
     
  9. Pekelo

    Pekelo

    So far so good. The EV credits made them profitable, stock is modestly up 4% before the open....
     
  10. S2007S

    S2007S



    And without the ongoing tax credits the company would have not been profitable 4 quarters in a row. Without tax credits the stock would still be under $100, but over 98% would disagree
     
    #10     Jul 23, 2020