On recent days, Tesla (TSLA) has witnessed a surge in options trading activity, with 204 uncommon trades detected in the market. This unusual activity has piqued the interest of investors, as it often indicates that something significant is about to happen.
Analyzing the Trades
The overall sentiment of these trades is split between 47% bullish and 38% bearish. A closer look at the numbers reveals that 54 of these trades are puts, totaling $3,650,355, while 150 trades are calls, amounting to $11,585,823.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it appears that the big players have been eyeing a price window from $5.0 to $700.0 for Tesla during the past quarter. This data can help track the liquidity and interest in Tesla’s options for a given strike price.
Tesla Option Activity Analysis: Last 30 Days
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TSLA | CALL | SWEEP | NEUTRAL | 12/06/24 | $15.75 | $15.3 | $15.55 | $330.00 | $262.7K | 3.4K | 1.3K |
| TSLA | CALL | SWEEP | BULLISH | 11/29/24 | $3.05 | $3.0 | $3.05 | $340.00 | $171.3K | 13.0K | 65.1K |
| TSLA | CALL | SWEEP | NEUTRAL | 11/29/24 | $5.9 | $5.85 | $5.85 | $335.00 | $152.1K | 7.8K | 13.2K |
| TSLA | CALL | SWEEP | BULLISH | 11/29/24 | $12.0 | $11.7 | $12.0 | $330.00 | $147.6K | 10.8K | 6.5K |
| TSLA | CALL | SWEEP | BEARISH | 01/17/25 | $2.65 | $2.64 | $2.64 | $485.00 | $131.2K | 175 | 2.7K |
About Tesla
Tesla is a vertically integrated battery electric vehicle automaker and developer of autonomous driving software. With multiple vehicles in its fleet, including luxury and midsize sedans, crossover SUVs, a light truck, and a semi-truck, Tesla plans to begin selling more affordable vehicles, a sports car, and a robotaxi.
Current Position of Tesla
- Trading volume: 11,096,249
- Price: $339.07 (up by 1.86%)
- RSI values indicate that the stock is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 54 days from now.
What Analysts Are Saying About Tesla
In the last month, 5 experts released ratings on this stock with an average target price of $317.8.
- Wedbush keeps an Outperform rating on Tesla with a target price of $400.
- B of A Securities keeps a Buy rating on Tesla with a target price of $350.
- RBC Capital persists with their Outperform rating on Tesla, maintaining a target price of $313.
- Jefferies persists with their Hold rating on Tesla, maintaining a target price of $300.
- UBS persists with their Sell rating on Tesla, maintaining a target price of $226.
Stay Informed
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