TSLA May 2015 trade

[Edwin 63]

TSLA reports on Wednesday, May 6 AC (UNCONFIRMED).

The May Wk2/May calendars are trading between .7-.9.  

Is anyone looking to get in early, or is it too early to pull the trigger hoping that earnings may get pushed back a week?

[luxmon 233]

I've looked at them too but Musk has a surprise announcement coming out the end of April that may move the stock

[Edwin 63]

Thanks, I forgot about this:

 

https://twitter.com/elonmusk/status/582581865682350080 

 

Major new Tesla product line -- not a car -- will be unveiled at our Hawthorne Design Studio on Thurs 8pm, April 30

Edited April 20, 2015 by edboc

[Kim 8,049]

Looking at our previous trades, we can see that 0.80 is a good price, but not a screaming buy that justifies entering so early, considering the gamma risk.

[semsem24 5]

What can justify an early entry is the SLIM possibility of them pushing out a week to report earning in the week starting May 11th ...if that were to happen your money will almost triple

[Edwin 63]

Here's the Tesla news:

Tesla Motors to Unveil Home and Utility Batteries April 30

 

http://www.bloomberg.com/news/articles/2015-04-21/tesla-motors-to-unveil-home-and-utility-batteries-april-30 

 

$TSLA is trading +2 in the pre-market up to just under 213.

Edited April 22, 2015 by edboc

[Edwin 63]

5/6 After close earnings has been confirmed.

[Vancouver 54]

I'm in the 220P 1-week calendar (long May 15, short May 8) @ $0.80