May. 9 at 2:14 AM
$TSLA is on fire with a 12% pop over the last five days
Institutions are piling into calls like crazy
86% of options flow is calls with over
$600M in at-the-money sweeps
Today alone saw
$200M in 0DTE call buying
On May 6, we saw two big July 17 call blocks at
$390 and
$395 with over
$70M in premium, way above open interest
That is a clear sign of fresh bullish bets into mid-summer
China sales beat and Model Y safety news are adding fuel
UBS moved to Neutral and HSBC is on Buy
Watch those pullbacks
They might be entry points, not just a squeeze
But