$Tesla Motors(TSLA)$ $Microsoft(MSFT)$ $Alphabet(GOOGL)$ 🚨 Options Frenzy: $TSLA, $MSFT and $NVDA Lead as Earnings Season Heats Up 📈🔥
Options activity is exploding as earnings season shifts into top gear, with AI, mega-cap tech and EVs dominating trader attention.
Microsoft $MSFT is one of the most interesting setups. Despite falling after 6 of its last 8 earnings reports, options traders remain overwhelmingly bullish. Its 50-day call/put ratio sits above 96% of all readings over the past year, showing traders continue to position for upside despite recent post-earnings weakness.
Top 10 Stocks by 10-Day Options Volume:
🥇 $NVDA: 35.89M
🥈 $TSLA: 26.43M
🥉 $AAPL: 15.61M
4️⃣ $MU: 8.24M
5️⃣ $META: 7.65M
6️⃣ $AMZN: 7.04M
7️⃣ $INTC: 6.78M
8️⃣ $SPX: 6.58M
9️⃣ $MSFT: 6.48M
🔟 $NFLX: 6.09M
Tesla $TSLA also heads into tonight’s earnings as one of the market’s biggest volatility events.
Current Wall Street expectations:
• Revenue: $27.58B, +23% YoY
• Adjusted EPS: $0.55, +38% YoY
• Automotive margin (ex-credits): 18.1%
• Free cash flow: -$3.25B
FY2026 expectations:
• Revenue: $105.22B
• Adjusted EPS: $2.08
• Deliveries: 1.73M vehicles
• Capex: $25.32B
• Free cash flow: -$9.85B
Key catalysts investors will be watching:
⚡ Automotive margins following record Q2 deliveries.
🤖 Robotaxi rollout and international expansion.
🚕 Cybercab production timeline.
🧠 FSD subscription growth and monetisation.
🏭 Whether management raises capital expenditure guidance above $25B.
Options markets are pricing a move of roughly ±5% to ±5.5% after the report, compared with Tesla’s average earnings move of about 7.5% over the past eight quarters. That suggests traders expect elevated volatility, but not an outsized surprise relative to history.
Other notable implied earnings moves tonight:
📊 $NOW: ±10.51%
📊 $QS: ±10.95%
📊 $KNX: ±8.99%
📊 $TXN: ±8.14%
📊 $LUV: ±5.96%
📊 $IBM: ±5.25%
📊 $GOOG: ±5.15%
📊 $GOOGL: ±4.85%
📊 $CSX: ±3.58%
📊 $KMI: ±2.93%
With AI leaders, EVs and enterprise software all reporting within days of each other, this could be one of the most important weeks of the quarter for market direction. Volatility often creates opportunity, but separating genuine breakouts from post-earnings traps will be the real challenge.
👉❓What surprises do you expect tonight? Will Tesla ignite the next rally, or will Microsoft finally buck its recent post-earnings trend?
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