TSLA's options signal: will shares touch $300?

$Tesla Motors(TSLA)$ will release its results tomorrow after market close. Gross profit margin is the main concern.

In Q1,Tesla’s gross margin fell below 20% for the first time, reaching only 19.3%. That caused the stock price to plummet by 10% on the day after the report. There is also a price cut in Q2, so the analysts expect a gross profit of 18.7% in Q2.

I have some options views. The current main entanglement price is the $300. The option data shows that TSLA may touch $300. As for whether it arrives before or after the report? I don't know.

A large number of sell calls showed, however, indicating that many profit-seekers intend to take profits, which may result in the stock price falling back since the profits will be exhausted.

The Put/Call Ratio shows that bullish sentiment is approaching the highs of the stock price surge in late May.

Marketchameleon data shows that the trading volume of option contracts due this week is mainly concentrated on the strike prices of 300 and 290 calls.

From the delta data, many trading come from sell calls. The first picture below is the whole market data, and the second picture is the list of institutions. It can be seen that there are more sell calls, indicating that this type of traders already holds a large number of Tesla shares. They may be ready to take profit.

I don't plan to trade TSLA before earnings. At present, I hold a small amount of tesla shares and some sell puts at the strike price of 200. I have sold many shares through sell covered calls before. Therefore, I dont want to sell anymore. I am waiting for a suitable opportunity to sell puts after earnings.