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.
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?
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.
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