$Tesla Motors(TSLA)$Best is to take advantage of the build up and reduction of ImpliedVolatility (IV) and bet on a increase of volatility before the meeting and a collapse after. So to be successful:
- take a strategy which relies on fall of IV and not rise of prices
- Buy before the announcements and sell after
- to increase profits and if you have a directional feel, you may still hedge with short strangle and straddle strategy
- As always don't wait for the 100% premium profit. For me anything more than 60%is acceptable
Hope you have a good trade, let us know.
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