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Tesla's Options Frenzy: What You Need to Know

Benzinga ·  Dec 24 23:00

Financial giants have made a conspicuous bullish move on Tesla. Our analysis of options history for Tesla (NASDAQ:TSLA) revealed 596 unusual trades.

Delving into the details, we found 46% of traders were bullish, while 34% showed bearish tendencies. Out of all the trades we spotted, 89 were puts, with a value of $6,533,521, and 507 were calls, valued at $49,842,431.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $300.0 to $600.0 for Tesla over the last 3 months.

Analyzing Volume & Open Interest

Looking at the volume and open interest is an insightful...

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