Financial giants have made a notable bullish move on Tesla, with a total of 488 unusual trades recorded in the company’s options history.
Breakdown of Trades
- 47% of traders were bullish, indicating a positive outlook for the company’s stock.
- 36% showed bearish tendencies, suggesting a potential decline in the stock’s value.
- 132 trades were puts, valued at $15,676,812.
- 356 trades were calls, valued at $22,759,094.
Price Target
Based on the trading activity, significant investors appear to be targeting a price range of $250.0 to $720.0 for Tesla over the recent three months.
Insights into Volume and Open Interest
Analyzing volume and open interest is a crucial aspect of options trading, providing valuable insights into the liquidity and interest in Tesla’s options for a given strike price. The data below illustrates the evolution of volume and open interest for calls and puts over the last 30 days, within a strike price range of $250.0 to $720.0.
Tesla Option Activity Analysis: Last 30 Days
The following chart depicts the trend in options trading activity for Tesla over the last 30 days.
Biggest Options Spotted
The following table highlights the most significant options trades for Tesla:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TSLA | PUT | SWEEP | BEARISH | 02/21/25 | $8.95 | $8.85 | $8.9 | $365.00 | $178.4K | 4.2K | 18.2K |
| TSLA | CALL | SWEEP | BULLISH | 02/21/25 | $3.05 | $3.0 | $3.05 | $370.00 | $135.4K | 23.7K | 69.7K |
| TSLA | CALL | TRADE | BEARISH | 02/21/25 | $5.45 | $5.4 | $5.4 | $365.00 | $108.0K | 16.2K | 47.0K |
| TSLA | PUT | SWEEP | BULLISH | 02/21/25 | $6.05 | $6.0 | $6.0 | $360.00 | $72.0K | 8.0K | 29.5K |
| TSLA | CALL | SWEEP | BEARISH | 03/21/25 | $18.7 | $18.6 | $18.6 | $370.00 | $68.8K | 9.3K | 1.0K |
About Tesla
Tesla is a leading electric vehicle manufacturer and developer of autonomous driving software. The company offers a range of vehicles, including luxury sedans, crossover SUVs, and a semi-truck. Tesla also provides energy storage solutions and solar panels for residential and commercial properties.
Tesla’s Current Market Status
- The company’s stock is currently trading at $360.64, with a volume of 29,881,125.
- The Relative Strength Index (RSI) readings suggest that the stock may be approaching oversold levels.
- The anticipated earnings release is scheduled in 62 days.
Options Trading Strategy
Options trading involves higher risks and potential rewards. Successful traders manage these risks by staying informed, adapting their strategies, and closely monitoring market movements. By educating themselves and keeping a close eye on market trends, traders can make more informed decisions and maximize their returns.