Nobody really knows. It could very well be a sell the news event. And when it comes to Tesla (esp the short term stock movements), never assume anything. If this closes above 320 tomorrow, I will definitely be unloading a few calls. Like I said, there is a gap at 297, death cross imminent, and SEC contempt case ongoing, If it goes up to 370 on some crazy news, I'll still be happy, as I always keep a core (non-trading) position and a few leaps and calls. If it goes down, I can deploy my recouped cash. Don't be greedy with options. TSLA is super volatile. Expect the unexpected. I learned this lesson last year.