Tesla's Options Frenzy: What You Need to Know
Recent activity in Tesla's options market has captured the attention of investors and analysts alike. Our investigation into the trades involving Tesla (NASDAQ: TSLA) has identified a remarkable 596 unusual transactions, signaling strong interest in the stock.
When breaking down these trades, it is noteworthy that 46% of the traders displayed bullish sentiment, while 34% leaned towards bearish positions. Out of all the trades we reviewed, 89 were put options valued at approximately $6,533,521, and 507 were call options with a total value of around $49,842,431.
Expected Price Movements
By analyzing the volume and open interest of these options contracts, it seems that large investors, or 'whales', have been focusing on a price range between $300.00 and $600.00 for Tesla over the past three months.
Analyzing Volume & Open Interest
Evaluating the volume and open interest can provide valuable insights into trading activities surrounding a stock. This data offers a glimpse into the liquidity and investor interest in Tesla's options at various strike prices.
The following highlights show the changes in volume and open interest for both calls and puts related to Tesla's whale activity within the strike price range of $300.00 to $600.00 over the past 30 days.
Tesla Option Volume And Open Interest Over Last 30 Days
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 | 01/10/25 | $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 known for its electric vehicles and autonomous driving technology. The company offers a range of vehicles, including luxury sedans and crossover SUVs. They also plan to release more affordable models and expand their fleet with a semi-truck and robotaxis. In 2023, Tesla reported over 1.8 million vehicles delivered globally. Besides vehicles, Tesla sells energy storage solutions and solar technology, contributing to its diversified business model.
Following our analysis of Tesla’s options activities, we will examine the company's current performance.
Current Position of Tesla
- Currently, Tesla's stock is trading at $449.03 with a trading volume of 10,310,202, representing an increase of 4.28%.
- The relative strength index (RSI) indicates that the stock may be in an overbought condition.
- Tesla's anticipated earnings report is expected in 29 days.
What The Experts Say On Tesla
In the last month, five analysts have shared their evaluations on Tesla, setting an average target price of $383.4. Here are some specific ratings:
- Unusual Options Activity Detected: Noteworthy investment moves observed recently.
- An analyst from Morgan Stanley maintains an Overweight rating for Tesla with a target price of $400.
- A Cantor Fitzgerald analyst holds a Neutral rating with a price target of $365.
- An analyst from Stifel has a Buy rating, setting a target price of $411.
- Mizuho has upgraded Tesla's rating to Outperform with a revised target of $515.
- Conversely, an analyst from UBS holds a Sell rating with a target of $226.
Engaging in trading options carries inherent risks, but it can also lead to substantial gains. To navigate these risks, successful traders often rely on continuous learning and strategic trading while keeping up with market conditions. For real-time updates on Tesla’s options trades, following reputable platforms can be beneficial.
Market data and analysis provided herein are based on available information. Caution is advised when making investment decisions based on options trading.
Tesla, Options, Trading