Our article on Tesla's earnings tomorrow

Understand that from 200-230 the exp was +12K on that time fly.

 

Long earnings vol was a good trade for sure.

Oct vols reaching high of day now 2pm EST-- is there a pending announcement?

 

Huh? Oct went off at 59 prior to the release. Nov (election) is unch.

 

Oct 25 and Nov 1.




Sorry x axis = today at 5 min increments.

 

Your data is bad. Hanweck is not showing those figures.

 

no i don't think so. here is the raw 257.5 straddle price. ~10% range in the last hour while stock is flat. it's easily verifiable.

 

Anyway, the Nov1 has been around 56-line all day. I'm not watching the printed vols. Only 60 beeps between the 250 and 265 strikes. It's interesting that there is still a bit of vol of vol upside. Nov1, 8 is going to widen into the election. I am long Nov1, 8 structures now.

 

i see nov1 / nov8 forward vol up 10 points to 66% from yesterdays close. the election-specific implied move around 6%.

oct 25 implied move from 3.7% to 3.1% in last 15 mins of trading with flat stock.

 

I don't follow the implied move in the combo, just the switch vol (M1, M2). I doubt any of us are buying the combo and gamma-trading it through the election. I have 550bps Nov8/Nov1. It will probably sit here as Nov1s will also rise as it becomes the near-weekly. On a premo-basis the alpha calendars will rise, for certain (interpolated penny strike ATM).

Premium will be very sticky in Nov8. I like the downside diagonals a lot.