Not financial advice, I was surprised by how well 166 held today but I do believe we have a hard resistance at 183 at least until earnings. Could be an easy covered call (or naked if you are feeling risky) play.
I mentioned in an earlier post, I'm short going into earnings as a trade. I'll cover once I get a little profit (if i do make a profit lol). I think there was a decent amount of covering today from long puts and short shares so we may have more to drop. Also earnings can't possibly be good. We just went from 430k earnings estimates to 387k deliveries and the rest of that roughly 430k going into inventory. How that can possibly be good for cash flow. Margin.... not too sure, also they are ramping CT so they'll take a hit there. More downside risk than upside.