Here’s Where Traders Bet Tesla Stock Is Headed After Reporting Earnings Tuesday
Key Takeaways
- Options pricing suggests traders expect Tesla stock to move roughly 11% in either direction after reporting first-quarter results after markets close on Tuesday.
- Over the past four quarters, the stock has averaged a post-earnings move of 12.3%.
- Tesla’s first-quarter deliveries came in well below expectations, and as of Monday’s close, the stock had lost more than 40% of its value this year.
Tesla (TSLA) is set to report first-quarter earnings after the bell, and investors are hoping results can jolt the stock out of its recent malaise.
Options pricing suggests traders are expecting Tesla stock to move roughly 11% in either direction in the days after Tuesday’s report. Based on Tuesday afternoon’s share price of about…
