$TSLA announces earnings results this week. Looks like folks are loading up on bearish bets based on @VolumeLeaders charts for $TSLQ. Will be worth monitoring leading up into earnings day.

We are #Optionselling puts on TSLA to take advantage of high implied volatility and pick up shares. Might also used the sold puts to finance buying a call debit spread to play upside just in case TSLA does pump.

Expected move is currently pegged at ~9% (subject to change leading up to market close on Wednesday). As we know though, tech stocks (especially ones as volatile as TSLA can be) tend to move bigger than expected move.

Strikes we are targeting to write puts:
 - 350
 - 340
 - 320
 - 280