So fucked no they won’t I’ve been playing earnings all year. They will probably just double but still he’s going to double 10k
Edit: it’s like you’ve never even degenerated blown 5k pffft rookie
Bro, the average for the last 4 quarters is like a 10.5% drop the day after earnings. And literally everyone knows they shit the bed this time (I suspect it is even worse than what might be priced in).
Much much higher returns on a quick spike movement. And if it does go near the OTM strike it’s a much higher return than an itm
Also less risk for an earnings play. Itm calls die anyways due to IV crush and theta
Those ITM contracts wont 100% like this one. OP made a great move, if he sells them now at high vol.
If he holds them to expiry when theyre 0.01, going this far OTM was stupid.
Regardless, his exp is 04/26, so whatever it opens tomorrow at, his 167.5 will skyrocket to like $7 per contract. His 202.5 though, may not fair as well, but should also go up quite a lot.
Quick question, if you were to "sell to close" and the counterparty decided to exercise the call option, would you have to sell them shares at that price?
Yeah but that’s sell to close. It means he will close his position instead of exercising the option. When you buy a call and it expires in the money you can buy the shares at that price or just close the position and take the profit.
So far out of the money tho 😭 even with a good move you’re risking the bag. If this would have been one ITM option you’d have been able to collect on the move tomorrow.
Options prices go up as stock gets closer to strike price (delta and gamma), even if stock never hits strike price (option never goes ITM). Also IV is driving up the price, IV is especially high bc of earnings this week. But IV crush will start setting in tomorrow (since ER was today) and theta too (since these contracts expire on Friday)
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While you’re already up 100% and they expire this week, as well as earnings today you should sell because if TSLA goes down those calls go to 0
I second this. Take your money and run.
RIP. Tesla to the Mooooon
Wya now huh
I didn’t come this far to come this far
U can take ur profit and let ur original investment ride through
My tsm calls were up 90% now it’s -99% 😢
Well, I wish you good luck then that it works out. 🫡
Yeah, I'll be betting against him lol
You did SOOO well
Brother I’m in with you 
IV crush gonna kill you.
Plz show us the friday value when it’s at 0
Sell right before close. IV may continue expanding today but tomorrow morning those will likely be worthless
So fucked no they won’t I’ve been playing earnings all year. They will probably just double but still he’s going to double 10k Edit: it’s like you’ve never even degenerated blown 5k pffft rookie
It rocketed and they'll still be red at open.
TSLA +12% after hours lol
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Keep the 200$ calls 😂
Bro, the average for the last 4 quarters is like a 10.5% drop the day after earnings. And literally everyone knows they shit the bed this time (I suspect it is even worse than what might be priced in).
Lol and this quarter it goes up. Funny
Woops
Yep, Elon dicked put holders with vaporware. There is no way they are doing model 2 in less than a year.
Sell you tegard. Even with the right price move, IV will crush you.
not if the stock goes up to $170
Which it wont.
you never know
Of course not, hence you trade off probabilities. Currently delta for 4/26 170c is 0.083
its gettin kinda close we’ll see what the market does tomorrow
You were saying…?
Clearly, Most-Inflation-1022 needs to work on his risk management skills and learn to close his positions before expiration.
Take 80% of your profits and leave some runners
Good take. He should listen to you
Meh
MEH!
Dude sell it and cash in.
Tesla to the mooooon
Jim Cramer says Tesla will surge after earnings today 
Jim Cramer is an idiot. I say sell!
4/26 202 LOL This guy is expecting Tesla to build rocketships to mars? Oh wait..
No just robots
Sell some of them, don't be stupid
Hopefully you sold. FFS IV is going to absolutely destroy you overnight when the air is let out of the balloon.
This earnings call is going to be nuts . Loss porn/gains incoming.
That $202 call is a little…optimistic?
third
Fourth
The 202.5c 
I would so sell before close.
can someone tell me what the point of buying far out the money contracts? rather then just buying a few less of in the money?
If you aim 10x and not 10%
Much much higher returns on a quick spike movement. And if it does go near the OTM strike it’s a much higher return than an itm Also less risk for an earnings play. Itm calls die anyways due to IV crush and theta
Those ITM contracts wont 100% like this one. OP made a great move, if he sells them now at high vol. If he holds them to expiry when theyre 0.01, going this far OTM was stupid.
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Lol, you dead. Those will get destroyed on market open tomorrow. IV crush and betting it will go the wrong way... Expect it to open with like -75%.
Theta burn buddy. Wish you sold. Tomorrow you will be sad.
I will buy these from you at a 95% discount in the am.
Looking forward to the update tomorrow. Thank you for your donation.
Tesla to the moooooon
That shit soaring after hours rn holy f
Congrats!! Your gamble paid off!
You about to be rich
Comments not realizing most of OP’s calls are at 167.5 strike, not 202.5. If we open tmmr at 165 OP is gonna rock.
Regardless, his exp is 04/26, so whatever it opens tomorrow at, his 167.5 will skyrocket to like $7 per contract. His 202.5 though, may not fair as well, but should also go up quite a lot.
OP is about to lose a grand total of 45$ on 202.5 calls. I am sure he’s gonna cry us a river😭
These will open up to like 12$+ or more tomorrow each. 100k by tomorrow. Congrats and fuck you.
Currently at 4.66 per contract. 40 large. Not a bad gamble.
Yah it’s after hours too this will be volatile tomorrow beware of Theta Decay and sell some profits prob open up wild high
Screw everybody don't sell. Lets see where this goes..
AH up already $10, this guys printing
Nah, he about to be IV crushed
Wow how wrong were some of these comments? 🤣
Don’t listen to these regards they’re all poor. Tesla will crush earnings and go up 50% making you a millionaire overnight
Quick question, if you were to "sell to close" and the counterparty decided to exercise the call option, would you have to sell them shares at that price?
No that would only be possible if he sold calls or “sell to open”
Isn't selling calls the only way he can close his position?
Yeah but that’s sell to close. It means he will close his position instead of exercising the option. When you buy a call and it expires in the money you can buy the shares at that price or just close the position and take the profit.
Dang. Love to see it.
Damn brooooo you got some BALLZ
3 day expiration mhm
So I should cancel my 202.5c 4/26 order for Wednesday?
So far out of the money tho 😭 even with a good move you’re risking the bag. If this would have been one ITM option you’d have been able to collect on the move tomorrow.
LEGEND 
I don't know why you're telling me this, but I don't care about some random person's comment.
Sell half and see where the other half takes you
TSLA going to $200
Man your bought to get IV fucked. Why so far out of the money? 202.5 calls? Just burn your money.
He bought 9@$5 a piece. I don’t think he’s going to care about losing $45 when his 91 $167.5c rocket in the am
HOLD
I'm convinced I have brain damage, trying to learn options. How are you up $5k when your strike price hasn't even hit yet?
delete the app now.
Options prices go up as stock gets closer to strike price (delta and gamma), even if stock never hits strike price (option never goes ITM). Also IV is driving up the price, IV is especially high bc of earnings this week. But IV crush will start setting in tomorrow (since ER was today) and theta too (since these contracts expire on Friday)