Financial giants have made a significant bullish move on Tesla, with 596 unusual trades detected in our analysis of the company’s options history.
Trade Breakdown
Delving into the details, we found that:
- 46% of traders were bullish
- 34% showed bearish tendencies
- 89 trades were puts, valued at $6,533,521
- 507 trades were calls, valued at $49,842,431
Expected Price Movements
Analyzing the volume and open interest of these contracts suggests that investors are targeting a price range of $300.0 to $600.0 for Tesla over the last 3 months.
Analyzing Volume and Open Interest
Volume and open interest are key indicators for conducting due diligence on a stock. They help track liquidity and interest in Tesla’s options for a given strike price. The evolution of volume and open interest for calls and puts can be observed over the last 30 days.
Tesla Option Volume and Open Interest
The data shows significant activity in the $300.0 to $600.0 strike price range.
Largest Options Trades Observed
The following table highlights the largest options trades detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TSLA | CALL | SWEEP | BEARISH | 01/10/25 | $21.15 | $21.1 | $21.1 | $460.00 | $1.7M | 3.3K | 1.9K |
| TSLA | PUT | SWEEP | BEARISH | 12/27/24 | $9.45 | $9.25 | $9.45 | $450.00 | $753.9K | 7.9K | 5.2K |
| TSLA | CALL | SWEEP | BULLISH | 12/27/24 | $9.4 | $9.25 | $9.4 | $450.00 | $160.2K | 22.4K | 34.2K |
| TSLA | PUT | SWEEP | BEARISH | 12/27/24 | $9.45 | $9.3 | $9.45 | $450.00 | $124.6K | 7.9K | 5.5K |
| TSLA | PUT | TRADE | BULLISH | 01/17/25 | $12.55 | $12.4 | $12.4 | $410.00 | $124.0K | 3.5K | 330 |
About Tesla
Tesla is a leading electric vehicle manufacturer and developer of autonomous driving software. The company offers a range of vehicles, including luxury and midsize sedans, crossover SUVs, and a semi truck. Tesla also plans to launch more affordable vehicles, a sports car, and a robotaxi.
Current Position of Tesla
Key statistics include:
- Current trading volume: 10,310,202
- Price: $449.03, up 4.28%
- RSI readings suggest the stock may be overbought
- Anticipated earnings release: 29 days
What the Experts Say on Tesla
Industry analysts have shared their insights on Tesla, with an average target price of $383.4. Recent analyst ratings include:
- Morgan Stanley: Overweight rating, target price $400
- Cantor Fitzgerald: Neutral rating, target price $365
- Stifel: Buy rating, target price $411
- Mizuho: Outperform rating, target price $515
- UBS: Sell rating, target price $226
Trading Options
Trading options involves higher risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, and staying attuned to market dynamics.