Financial giants have been making significant bearish moves on Tesla, with a total of 504 unusual trades observed.
Breakdown of Trading Activity
Of these trades, 38% were bullish, while 44% showed bearish tendencies. The total value of put options was $27,601,967, with 236 trades, and the total value of call options was $16,051,866, with 268 trades.
Expected Price Movements
After analyzing trading volumes and Open Interest, it is clear that major market movers are focusing on a price band between $100.0 and $890.0 for Tesla over the last three months.
Volume and Open Interest Trends
In terms of liquidity and interest, the mean open interest for Tesla options trades is 5062.4, with a total volume of 8,254,798.00.
Volume and Open Interest Development
The development of volume and open interest of call and put options for Tesla’s big money trades within a strike price range of $100.0 to $890.0 over the last 30 days can be seen in the chart below.
Largest Options Trades Observed
Some of the largest options trades observed include:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TSLA | PUT | TRADE | BULLISH | 01/10/25 | $405.05 | $403.45 | $403.7 | $800.00 | $2.0M | 0 | 50 |
| TSLA | PUT | TRADE | NEUTRAL | 01/10/25 | $404.35 | $401.95 | $403.01 | $800.00 | $2.0M | 0 | 250 |
| TSLA | PUT | TRADE | NEUTRAL | 01/10/25 | $404.35 | $401.95 | $403.01 | $800.00 | $2.0M | 0 | 150 |
| TSLA | PUT | TRADE | NEUTRAL | 01/10/25 | $204.55 | $202.3 | $203.5 | $600.00 | $1.0M | 0 | 50 |
| TSLA | PUT | TRADE | NEUTRAL | 01/15/27 | $180.8 | $179.65 | $180.27 | $500.00 | $162.2K | 480 | 18 |
About Tesla
Tesla is a leading electric vehicle manufacturer and developer of autonomous driving software. The company offers a range of luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Additionally, Tesla plans to launch more affordable vehicles, a sports car, and a robotaxi.
Current Position of Tesla
Some key stats about Tesla’s current position include:
- Trading volume: 44,313,069
- Stock price: $397.44, up 0.63%
- RSI indicators: neutral between overbought and oversold
- Earnings announcement expected in 19 days
Expert Opinions on Tesla
A total of 5 professional analysts have given their take on this stock in the last 30 days, with an average price target of $349.972. Some notable analyst opinions include:
- Canaccord Genuity: Buy rating, target price $404
- Truist Securities: Hold rating, target price $351
- B of A Securities: Neutral rating, target price $490
- Baird: Outperform rating, target price $480
- GLJ Research: Sell rating, target price $24
Unusual Options Activity Detected
Unusual options activity can be an indicator of potential market movements. Serious options traders manage risk by educating themselves daily, scaling in and out of trades, following multiple indicators, and closely monitoring the markets.