$Tesla Motors(TSLA)$From now till earnings release, my opinion is that it will be green till about $250+/-... Results should reflect good Y-O-Y growth and that should bring about Green momentum. I have bought Call options in anticipation of the rise. Note: I will cash out profits as soon as i can after results are released or when my profit target is hit. There are a few factors affecting the movement of price after that.
After results are released,
1.) We need see if Musk will sell his shares to finance his Twitter buyout. Any filing for sale of his shares will bring immediate downwards pressure on the prices. Once this is confirmed, i will take up Put options position and target the price to fall till $200 +/-.
2.) We need to see management forecast and also if they will confirm the rumuored sharebuyback scheme. If confirmed, some call options targeting the rise to about $280+/- can be bought.
These are my own opinions and I hope I will be rightπ€π€
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