TSLA I believe a market wide correction is coming soon. Many bag holders will be created due to Trumps recent tweet to buy stocks.
Trump stinks of market manipulation with Wallstreet. he also recently decommissioned the task force to monitor crypto trading. likely because he launched his own meme coin during his inauguration.
TSLA since price action was slowly heading to 252 today. it likely means that MM was covering the mass amount of calls that were bought today in a controlled manner since they did not have any time to hedge properly. regardless if they have already covered most of the calls today then any excess stock they bought today will be sold off next week causing downward price action.
with the amount of calls today, all that excess shares could cause a gap down.
unless they haven't hedged at all today then they will buy after hours or during market open causing upward price action.
TSLA my thoughts on this in simple terms is that today was a weird day. MM chose to close above 250 that means they'll have to cover 16 million shares for 160k call contracts.
I was expecting a gap down for next week, however it seems like if MM cover some of the calls during after hours, then we should expect a gap up, unless of course they already hedged throughout the week then we may still gap down. after hour volume will tell us everything we need to know.