Unpacking the Latest Options Trading Trends in Tesla (NASDAQ: TSLA)

Recently, major financial players have made a noticeable bearish shift regarding Tesla. Our examination of the options trading history for Tesla (TSLA) identified a total of 504 unusual trades.

Upon closer analysis, we discovered that only 38% of the traders were taking a bullish stance, while 44% displayed bearish tendencies. Among the trades we observed, 236 were puts, amounting to a value of approximately $27,601,967, and 268 were calls, collectively valued at $16,051,866.

Expected Price Movements

After assessing the trading volumes alongside the Open Interest, it appears that key market players are targeting a price range between $100.00 and $890.00 for Tesla over the past three months.

Volume & Open Interest Trends

Looking at liquidity and interest, the average open interest for Tesla options trades today stands at 5062.4, with a total trading volume of approximately 8,254,798.00.

The following segment tracks the changes in volume and open interest for both call and put options concerning significant trades of Tesla within a strike price range from $100.00 to $890.00 over the last month.

Tesla Option Volume and Open Interest Over the Last 30 Days

Largest Options Trades Observed:

Symbol	PUT/CALL	Trade Type	Sentiment	Expiration Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
TSLA	PUT	TRADE	BULLISH	01/10/25	$405.05	$403.45	$403.70	$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	$202.30	$203.50	$600.00	$1.0M	0	50
TSLA	PUT	TRADE	NEUTRAL	01/15/27	$180.80	$179.65	$180.27	$500.00	$162.20K	480	18

About Tesla

Tesla is known for being a vertically integrated manufacturer of electric vehicles and a pioneer in developing self-driving tech. Its vehicle lineup includes luxury and midsize sedans, crossover SUVs, light trucks, and semi-trucks. Looking ahead, Tesla also aims to introduce more affordable cars, a sports model, and autonomous taxi services. In 2024, the company reported global deliveries slightly under 1.8 million vehicles. Tesla moreover supplies batteries for stationary storage in residential and commercial applications, as well as solar panels and energy generation solutions like solar roofs. The company also operates a fast-charging network.

Current Position of Tesla

• The trading volume is currently at 44,313,069, with TSLA's price showing an increase of 0.63%, currently trading at $397.44.
• RSI indicators suggest the stock is in a neutral position, indicating neither overbought nor oversold conditions.
• The upcoming earnings report is anticipated in 19 days.

Expert Opinions on Tesla

In the last month, five professional analysts have provided their perspectives on Tesla, arriving at an average price target of $349.972.

Unusual Options Activity Detected: Smart Money on the Move

Platforms observing unusual options activity, such as Benzinga Edge, help identify potential market movers. Here’s a look at what significant investors are opting for regarding this stock. Click here for access.

Consistent analysis reveals that an analyst from Canaccord Genuity maintains a Buy rating on Tesla, suggesting a target price of $404. An analyst from Truist Securities continues to hold a Neutral rating with a target of $351. Moreover, an analyst from B of A Securities has revised their stance to Neutral, adjusting the price target to $490. Meanwhile, a Baird analyst keeps an Outperform rating, positioning the target at $480. Finally, GLJ Research downgraded its rating to Sell, setting the price target considerably lower at $24.

Options trading is generally riskier than stock trading but offers the prospect of higher returns. Serious options traders tackle this risk by staying informed, scaling their trades dynamically, and monitoring multiple indicators closely.

For the most recent updates on Tesla's options trades, investors can utilize services providing real-time alerts.

Tesla, Options, Trading