Financial giants have made a notable bearish move on Tesla, sparking our curiosity into the company’s options market. Our analysis of options history for Tesla has revealed 753 unusual trades, providing valuable insights into market sentiment and predicted price ranges.
Market Sentiment and Predicted Price Range
Our analysis shows that only 38% of traders were bullish, while 44% showed bearish tendencies. A closer look at the trades reveals:
- 158 puts with a value of $10,437,700
- 595 calls valued at $71,248,262
Analyzing the volume and open interest of these contracts suggests that big players are eyeing a price window of $5.0 to $750.0 for Tesla.
Volume and Open Interest Insights
In terms of liquidity and interest:
- Mean open interest for Tesla options trades today is 7059.93
- Total volume of 8,954,112.00
Largest Options Trades Observed
Here are the largest options trades observed:
| Symbol | Type | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TSLA | CALL | SWEEP | BULLISH | 12/20/24 | $12.6 | $12.6 | $12.6 | $400.00 | $808.9K | 27.0K | 55.9K |
| TSLA | CALL | SWEEP | BULLISH | 12/20/24 | $12.7 | $12.6 | $12.65 | $400.00 | $316.0K | 27.0K | 54.8K |
| TSLA | CALL | SWEEP | BULLISH | 01/17/25 | $28.1 | $27.9 | $28.03 | $400.00 | $280.3K | 45.0K | 9.4K |
| TSLA | CALL | SWEEP | BEARISH | 12/20/24 | $16.8 | $16.75 | $16.8 | $390.00 | $196.5K | 8.3K | 2.7K |
| TSLA | CALL | SWEEP | BEARISH | 12/13/24 | $6.55 | $6.5 | $6.55 | $400.00 | $140.1K | 37.2K | 63.9K |
About Tesla
Tesla is a vertically integrated battery electric vehicle automaker and developer of autonomous driving software. The company has multiple vehicles in its fleet, including luxury and midsize sedans, crossover SUVs, a light truck, and a semi-truck.
Tesla’s Current Market Status
- Trading volume of 29,894,320
- Price of TSLA is up by 1.25%, reaching $394.1
- Current RSI values indicate that the stock may be overbought
- Next earnings report is scheduled for 44 days from now
Expert Opinions on Tesla
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $350.0. Some notable opinions include:
- An analyst from Wedbush maintains an Outperform rating, targeting a price of $400
- An analyst from RBC Capital keeps a Outperform rating, targeting a price of $313
- An analyst from UBS persists with a Sell rating, maintaining a target price of $226
- An analyst from Stifel maintains a Buy rating, targeting a price of $411
Risks and Opportunities in Options Trading
Trading options involves greater risks but also offers the potential for higher profits. To mitigate these risks, savvy traders prioritize ongoing education, strategic trade adjustments, and staying attuned to market dynamics.