Yea its good news for Tesla Bulls. Now that the delivers are up and the optons expiration at the end of the month are up, I think they might let it go back up. It looks like it gapped up then faded on Friday so I expect a pump as soon as the market opens.
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Monday will be interesting. I agree it will likely see a move up.
The numbers shocked people. Considering this was done in the first quarter is very powerful since that is, historically, the worst quarter for the automobile industry.
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I have a feeling those options will be pumping for the next few weeks. Those market makers will probably start chopping around to destroy the premium. It might make for a good risk/reward option trade if things work out properly.
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Yeah. I dont pay much attention to the options market since I dont really trade.
But with earnings coming up at the end of April/beginning of May, we might see a lot of volatility in them.
Something like Tesla has big moves on earnings.
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Well the VIX got crushed Friday so I will have to check the options price to make sure. Since I am starting a new position, it might be better to check out out the algo flows too.
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