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/ #POST-243724
REDDIT
TSLA shares fell more than 10% after the company released its earnings report. As expected
Entry Bought the 7/24 370 puts on 7/20.
Why
TSLA been a fade after the last few prints every time they report the stock takes a hit. No reason to think this one's different
Price action's been rolling over into the number lower highs soft tape feels like it's set up to crack
The macro's risk off right now so you're playing the higher probability side. Shorts are just in favor in this environment