Investors with significant capital are taking a bearish stance on Tesla. This development is crucial for retail traders to be aware of. The trades were spotted on publicly available options history, indicating that either institutions or wealthy individuals are involved. When such substantial activity occurs with TSLA, it often suggests that someone is anticipating a significant event.
Unusual Trading Activity
Today, an unusual 1000 options trades were identified for Tesla. This is not a normal occurrence. The overall sentiment of these big-money traders is split, with 42% being bullish and 43% bearish. Out of these special options, 588 are puts, totaling $33,611,835, and 412 are calls, totaling $24,505,639.
Predicted Price Range
Based on the trading activity, significant investors appear to be targeting a price range of $220.0 to $960.0 for Tesla over the recent three months.
Volume & Open Interest Development
The average open interest for Tesla options stands at 6722.74, with a total volume of 32,472,883.00. The progression of both call and put option volume and open interest for high-value trades in Tesla is notable, situated within the strike price corridor from $220.0 to $960.0 over the last 30 days.
Biggest Options Spotted
The following table highlights the biggest options trades:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TSLA | PUT | SWEEP | BULLISH | 04/11/25 | $7.15 | $7.1 | $7.1 | $240.00 | $310.2K | 2.1K | 1.5K |
| TSLA | CALL | SWEEP | BEARISH | 04/11/25 | $7.65 | $7.6 | $7.6 | $285.00 | $251.5K | 3.1K | 1.1K |
| TSLA | PUT | SWEEP | BULLISH | 03/28/25 | $4.55 | $4.5 | $4.5 | $265.00 | $187.2K | 14.9K | 124.0K |
| TSLA | PUT | SWEEP | BEARISH | 04/04/25 | $13.25 | $13.15 | $13.22 | $265.00 | $145.7K | 2.5K | 12.1K |
| TSLA | CALL | SWEEP | BULLISH | 04/04/25 | $9.9 | $9.8 | $9.9 | $270.00 | $101.8K | 7.2K | 12.8K |
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 and plans to expand its offerings. Tesla also sells batteries for stationary storage and solar panels and roofs for energy generation.
Tesla’s Current Market Status
- With a trading volume of 70,461,700, the price of TSLA is down by -3.48%, reaching $263.63.
- Current RSI values indicate that the stock is neutral between overbought and oversold.
- The next earnings report is scheduled for 25 days from now.
What Analysts Are Saying About Tesla
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $449.0. Some notable analyst actions include:
- An analyst from Wedbush lowers its rating to Outperform with a new price target of $550.
- An analyst from Cantor Fitzgerald upgrades its rating to Overweight with a revised price target of $425.
- An analyst from Guggenheim persists with their Sell rating on Tesla, maintaining a target price of $170.
Conclusion
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keeping up with the latest options trades for Tesla can provide valuable insights into market sentiment and potential future movements.