Option Strategies: Wait for the ER of TSLA!

Hello everyone! Today i want to share some option strategies with you!

1.

$Tesla Motors(TSLA)$ releases earnings after the closing bell Wednesday. Expected move is ~7%.

Got the following positions heading into earnings. Here is our #Optionselling game plan for tomorrow.

1. Hold the Aug 15 $285 naked puts.

2. Hold the Aug 15 $300 cash-secured put (CSP), but am tempted to roll to the July 25 expiry $325 strike.

3. Roll the Jan 16 2026 $300 CSP to the Aug 15 $355 strike (thus creating a synthetic long).

4. Will hold one of the Jun 17 2027 $600 naked calls, but am debating what to do with the other three calls. Am leaning towards taking them off the table for tomorrow and then re-writing post-earnings.

5. Hold the Jan 15 2027 $230 CSPs.

280 is a demand zone support level and there is room to run if price breaks and holds above 360. The 200EMA is around 300 with the 200MA closer to 318.

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2.

Will be looking for a post-earnings 🚀 from $Alphabet(GOOGL)$ 🤞🏽🙏🏽 ... please revisit that ATH.

Got shares and LEAP calls. Might write a few cash-secured puts at the 165 put strike, July 25 or Aug 1 expiry. Lots of volume support between 165 and current price.

Expected move for earnings is 5.5%, so 165 would be 2X the expected move.

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