Unusual Options Activity Surrounding Tesla

Deep-pocketed investors have taken a bullish stance on Tesla, adopting an approach that market players should not ignore. A substantial move in Tesla’s stock usually indicates that something significant is about to happen.

Key Observations

Our analysis revealed 691 extraordinary options activities for Tesla, a level of activity that is out of the ordinary. The general mood among these heavyweight investors is divided, with:

  • 48% leaning bullish
  • 39% bearish

Among these notable options, there are:

  • 206 puts, totaling $16,047,289
  • 485 calls, amounting to $34,120,479

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $5.0 to $950.0 for Tesla over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock. This data can help track the liquidity and interest for Tesla’s options for a given strike price.

Largest Options Trades Observed

The following are the largest options trades observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
TSLA CALL SWEEP BEARISH 01/23/26 $13.5 $13.25 $13.37 $425.00 $394.8K 8.7K 74.7K
TSLA CALL SWEEP BULLISH 06/18/26 $14.4 $14.2 $14.35 $600.00 $285.5K 15.7K 2.5K
TSLA CALL SWEEP BULLISH 01/23/26 $8.0 $7.95 $8.0 $432.50 $138.2K 2.1K 18.8K
TSLA CALL SWEEP BEARISH 01/23/26 $10.25 $10.15 $10.15 $430.00 $107.7K 12.5K 71.5K
TSLA CALL TRADE BEARISH 03/20/26 $5.1 $5.05 $5.05 $550.00 $87.8K 7.1K 2.3K

About Tesla

Tesla is a vertically integrated battery electric vehicle automaker and developer of real-world artificial intelligence software. The company has multiple vehicles in its fleet, including luxury and mid-size sedans, crossover SUVs, a light truck, and a semi-truck. Tesla also plans to begin selling a sports car and offer a robotaxi service.

Current Position of Tesla

The current market status of Tesla is as follows:

  • Currently trading with a volume of 48,390,648
  • The stock price is up by 4.23%, now at $421.64
  • RSI readings suggest the stock may be approaching oversold
  • Anticipated earnings release is in 7 days

Professional Analyst Ratings for Tesla

5 market experts have recently issued ratings for this stock, with a consensus target price of $395.0. The ratings are as follows:

  • UBS: Sell rating, targeting a price of $307
  • Truist Securities: Hold rating, targeting a price of $439
  • Canaccord Genuity: Buy rating, targeting a price of $551
  • Baird: Outperform rating, targeting a price of $548
  • Wells Fargo: Underweight rating, targeting a price of $130

Trading Options

Options are a riskier asset compared to trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.