Noticing some interesting action in $Tesla Motors(TSLA)$ today. There's a ton of short-dated call sweeps showing up around the $327.5 to $335 range. Seems like traders are positioning for a quick move higher, probably tied to all the Musk and SpaceX AI buzz floating around.
Nearly 90% of today's options premium, roughly $22M, is concentrated in calls, and most of it is 0 to 4 DTE at-the-money. That kind of flow gives the impression a lot of people are expecting more upside from here.
Fading this looks risky unless you spot some really clear reversal signals. Price and volume are worth watching closely.
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