4 Trade Ideas for Tesla: Bonus Idea

  • Posted by on August 10th, 2026 at 7:15 am

Here is your Bonus Idea with links to the full Top Ten:

Tesla, $TSLA, comes into the week rebounding to resistance after retracing 61.8% of the run up from the liberation day low to the top in December of 2025. It has an RSI rising towards the midline with the MACD crossed up but negative. There is resistance at 330 and 341 then 346.50 and 354.50 before 365 and 371. Support is at 316.50 and 302. Short interest is low at 2.5%. The stock does not pay a dividend.

The company is expected to report earnings next on October 20th. The August options chain shows largest open interest at the 300 put strike then the 310 and 320 strikes. On the call side open interest is biggest at 400 then 350. In the September chain open interest is largest at the 300 put then 250 and 280. On the call side it is largest at the 400 strike. Reviewing the October chain shows largest open interest at the 300 put followed by 320. On the call side it is largest at the 400 call followed by 380. Finally in the November chain open interest is largest at the 250 put and the 350 call.

Tesla, Ticker: $TSLA

Trade Idea 1: Buy the stock on a move over 330 with a stop at 316.

Trade Idea 2: Buy the stock on a move over 330 and add a September 320/295 Put Spread ($8.40) while also selling the October 400 Call ($6.50).

Trade Idea 3: Buy the September/October 360 Call Calendar ($6.25) while selling the September 295 Put ($5.20).

Trade Idea 4: Buy the October 285/335/355 Call Spread Risk Reversal (65 cents).

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday, which with the July employment report in the rearview, saw  equity markets have found a catalyst in renewed optimism on a Hormuz deal.

Elsewhere, look for Gold to continue the reversal of the downtrend with Crude Oil failing on the upside reversal and heading lower. The US Dollar Index looks to continue the move off of the very top of the 15 month range while US Treasuries retesting the break down through support in consolidation to 22 year lows in price. The Shanghai Composite looks to reverse the short term downtrend while Emerging Markets sport their own reversal to the upside.

The Volatility Index looks to continue in the normal zone with a drift lower putting a tailwind behind equities. The charts of the SPY and the IWM responded with new all-time highs on Tuesday. The SPY, the IWM look primed to continue higher with the QQQ paused at resistance but positive, all on the short timeframe. They all continue to look strong on the longer timeframe with Morning Star reversals. Use this information as you prepare for the coming week and trad’em well.