#EarningsSeason earningsseason
Tesla reports Q3 results after the US close on Wednesday, October 21. Most previews debate EPS. The more useful question is how big a move the market is bracing for. (home)
The numbers behind the reaction:
Tesla's typical post-earnings reaction is about 4.5%, but its average is about 7.8%, lifted by two very large moves. (home)
Options are pricing something close to the larger number. (home)
Deliveries are already known: 486,532 vehicles, announced on October 2. So tonight's surprise has to come from margins and guidance, not volume. (home)
Why this matters for risk:
A gap after the close can jump past a normal stop-loss, so the exit price may differ from the level you set.
Tesla reports Q3 results after the US close on Wednesday, October 21. Most previews debate EPS. The more useful question is how big a move the market is bracing for. (home)
The numbers behind the reaction:
Tesla's typical post-earnings reaction is about 4.5%, but its average is about 7.8%, lifted by two very large moves. (home)
Options are pricing something close to the larger number. (home)
Deliveries are already known: 486,532 vehicles, announced on October 2. So tonight's surprise has to come from margins and guidance, not volume. (home)
Why this matters for risk:
A gap after the close can jump past a normal stop-loss, so the exit price may differ from the level you set.