Option Traders Bet Big on Tesla Stock (TSLA) Ahead of Q3 Earnings
Tesla (TSLA) stock remains in focus as investors and analysts gear up for the company’s upcoming Q3 earnings report on October 22. Despite recent market volatility, options traders are piling into bullish bets, signaling growing confidence in Elon Musk’s EV giant. TSLA gained 1.38% on Thursday, closing around $435.15, while the put/call ratio of 0.56 reflects nearly twice as many calls as puts—a clear bullish tilt.
Analysts expect Q3 earnings of $0.54 per share, down from $0.72 year-over-year, but record deliveries of 497,099 vehicles keep attention fixed on margins and profitability. The options market’s activity suggests traders anticipate surprises when results drop.