TSLA is in a down trend channel. It failed to break above it second time and forming a complex head and shoulder pattern. This time the pattern is very clear than previous time. Hence there might be a downward move to long term support line of 288 (Sep 2014 and Feb 2017 highs) if it breaks below the green support line. Lot of April 250 puts bought today and September 280 puts also. Be cautious. Earnings on May 2nd 2018. there is lot of time to go down by March end and bounce back before earnings in April