$TSLA reports tonight (around 1:30 AM IST). Options traders are pricing a move of about ±6.5%. That’s 4–5 normal Tesla days in one night. Its median daily move is 1.4%. Is the market pricing too much or too little? • Usually too much: the actual move was smaller than priced in 6 of the last 8 reports • July broke that pattern: priced ±5.9%, actual −15.6% From $387, ±6.5% means $361–$412. The top would clear the ceiling of $389 Tesla hasn’t broken since August. The bottom wouldn’t reach its floor of $344. After results, option prices usually drop sharply because the uncertainty is gone. Traders call it IV crush. Tonight: one of the usual 6, or another July? 👇 #Tesla #TSLA #DeltaExchangeIndia $TSLA solana:XsDoVfqeBukxuZHWhdvWHBhgEHjGNst4MLodqsJHzoB