Tesla Inc. ($TSLA) is experiencing notable trading activity ahead of its upcoming earnings report scheduled for July 23. Recent market movements show a significant increase in options premiums, with a $TSLA 242 call rising from $1.25 to $2.25 within minutes. The stock is currently down approximately 3% following the announcement of a $3 billion deal for Megapack, which is expected to yield over $700 million in profit. Analysts are monitoring the stock closely, with some indicating that a drop below $240 could further impact options premiums. The net options delta for $TSLA stands at -1.4 million shares, signaling a bearish sentiment among traders. This volatility is attributed to various factors, including options manipulation and speculation surrounding the company's performance.