I expect this to swing based on previous history and high possibility of a disappointment due to the ram up of new models plus rumors of TSLA falling short of the 50K cars for 2015.
Buying Nov20 Reverse condor for 270 possible 224 profit
Credit call 155/152.50 credit of 0.73. Risk 2.50 - 0.73 = 177. Max profit 0.73 Delta of 34.2
Usually, my method demands a lower delta or a higher premium, but I may average if the volatility increases
After the nice impulse on NASDAQ on Friday, I will take 1 call on GOOG aiming to 680 (previous high)
buying 1 contract at 32. Initial target 65
I'd rather GOOG as it is cheaper now, and I suspect a dividend announcement soon. (15.10.2015) I will sell immediately in case of disappointment
The market pullback may get GILD at 100 based on the Fib retracement and Boiller Bands.
With an expected Earnings beat on 10.27, and a conservative price target of 117, I believe it is a good risk reward should the price be around 4.7 per contract.
