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Call open interest (OI) at $500 strikes ($46,436) dwarfs puts at $190 ($33,612), creating a put/call ratio of 0.787 for OI. This isn’t just noise: it’s a crowd betting on a rebound above $490. The heavy call OI at $490–$510 acts like a magnet—break above $495, and you’re looking at a potential short-term rally.
But don’t ignore the risks. The $470 put OI ($14,028) and the $410 put block trade (sold for $1.88M in June 2026) hint at lingering bearish caution. If the stock dips below $470, that could trigger a test of the 200D MA at $425.56.
News Flow: Robotaxis vs. Regulatory HeadwindsElon Musk’s robotaxi push is fueling short-term hype. The removal of safety monitors in Austin Model Ys is a PR win, and shares popped slightly Friday morning. But the NHTSA’s Model 3 door probe adds a wrinkle. While this might not derail the stock immediately, it’s a red flag for long-term investors—especially if recalls or design changes are mandated.
Analysts’ mixed forecasts tell a similar story. Q4 2025 earnings are down 37% YoY, but FY2026 revenue is expected to rise 11.6%. The market is pricing in a rebound, but patience is key. For now, the robotaxi narrative is the dominant force.
Actionable Trades: Calls, Puts, and Precision EntriesFor options traders, the (expiring this Friday) and (next Friday) are prime candidates. The $490 call is attractively priced if you expect a rebound above $495 by Friday. The $500 call for next week offers more time if the stock consolidates.
Bearish players might eye the (5,906 OI) as a hedge, but the put/call skew suggests limited upside.
Stock traders: Consider entries near $430.60 (30D support) with a stop just below $425.56 (200D MA). A breakout above $495 could target the 100D MA at $411.87 or the 30D MA at $441.53.
Volatility on the Horizon: Positioning for TSLA’s Next MoveTesla’s story is a tug-of-war between innovation and execution risks. The options market leans bullish, but the door investigation and earnings revisions add friction. For now, the path of least resistance is higher—especially with calls stacked at $490–$500.
If you’re in, lock in partial profits near $495. If you’re on the sidelines, wait for a pullback to $430.60 before committing. Either way, this is a stock where sentiment shifts fast—and the next few weeks could define its 2026 trajectory.

Focus on daily option trades

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