Bartosiak: Trading Tesla's (TSLA) Earnings with Options

TSLA

On Wednesday, February 22nd, Tesla (TSLA - Free Report) will release its fourth quarter earnings results after the bell. The company is a Zacks Rank 4 (Sell),  and have a Value, Growth, and Momentum score of D.

Dave will look at Tesla’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Tesla ahead of earnings.

Tesla in Focus

Tesla Inc. designs, develops, manufactures, and sells electric vehicles and stationary energy storage products. It operates primarily in the United States, China, Norway and internationally. Tesla Inc., formerly known as Tesla Motors Inc., is headquartered in Palo Alto, California.

Tesla is expected to report earnings at -$1.19 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 112.28%. They reported earnings at $0.14 per share, beating their estimate of -$1.14. They have an average earnings surprise of -64.72%.

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