Understanding Tesla's Recent Options Activity

Tesla Inc. (NASDAQ: TSLA) has experienced a notable surge in options trading, with significant interest from large financial institutions. Our examination of Tesla's options data revealed a total of 596 unusual trades, indicating a strong market sentiment surrounding the company's future performance.

Out of the observed trades, approximately 46% reflected bullish sentiment, while 34% of traders displayed bearish views. In terms of actual contracts, there were 89 put options valued at about $6.5 million and 507 call options with a total value exceeding $49 million.

Anticipated Price Movements

Analysis of the volume and open interest associated with recent options suggests that investors—often referred to as "whales"—are targeting a price range for Tesla stock between $300 and $600 over the past three months. This activity may indicate their expectations for the stock's future movement.

Volume and Open Interest Analysis

Monitoring the volume and open interest of options contracts is an effective method for investors to gauge a stock's liquidity and market interest at specific strike prices. The graph below illustrates the changing dynamics in volume and open interest for both puts and calls on Tesla's options, within the aforementioned strike price range, over the last 30 days.

Recent Notable Options Trades

Symbol	PUT/CALL	Trade Type	Sentiment	Expiration Date	Ask Price	Bid Price	Trade Price	Strike Price	Total Trade Value	Open Interest	Volume
TSLA	CALL	SWEEP	BEARISH	01/10/25	$21.15	$21.10	$21.10	$460.00	$1.7M	3,300	1,900
TSLA	PUT	SWEEP	BEARISH	12/27/24	$9.45	$9.25	$9.45	$450.00	$753.9K	7,900	5,200
TSLA	CALL	SWEEP	BULLISH	12/27/24	$9.40	$9.25	$9.40	$450.00	$160.2K	22,400	34,200
TSLA	PUT	SWEEP	BEARISH	12/27/24	$9.45	$9.30	$9.45	$450.00	$124.6K	7,900	5,500
TSLA	PUT	TRADE	BULLISH	01/17/25	$12.55	$12.40	$12.40	$410.00	$124.0K	3,500	330

About Tesla

Tesla is known not just as a car manufacturer, but as a vertically integrated maker of electric vehicles, and a developer of autonomous driving technologies. Its diverse lineup includes luxury sedans, crossover SUVs, and even trucks. In addition to vehicles, Tesla is also venturing into more affordable car options and plans to launch a robotaxi service. In 2023, Tesla's global deliveries surpassed 1.8 million vehicles.

The company also offers stationary energy storage systems for homes and businesses, alongside solar energy solutions like solar panels and solar roofs. Additionally, Tesla maintains a comprehensive fast-charging network across various locations.

Current Status of Tesla's Stock

• As of now, Tesla's stock is trading at $449.03 with a volume of over 10 million shares, representing an increase of approximately 4.28%.
• Current RSI readings suggest that the stock may be overbought at this time.
• Investors should note that Tesla's earnings report is expected to be released in 29 days, adding to the trade's significance.

Analyst Opinions on Tesla

In the past month, five analysts have offered their predictions for Tesla's future stock price, with an average target set at $383.40.

Noteworthy Options Activity

Analytical tools can provide insights into potential market movements. For those interested in similar stock options strategies and the trends of significant investments, ongoing education and attentiveness to market dynamics are crucial. Below are some key viewpoints from different analysts:

• An analyst from Morgan Stanley retains an Overweight rating for Tesla, setting a target price of $400.
• Cantor Fitzgerald holds a Neutral rating and a target price of $365.
• Stifel has a Buy rating with a forecast price of $411.
• Mizuho recently upgraded to an Outperform rating, now targeting $515.
• Lastly, UBS states a Sell rating with a price target of $226.

Investing in options can carry higher risks but may also lead to greater rewards. Traders leverage strategies, education, and market awareness to navigate the complexities involved. Stay updated on Tesla's trading activities by using market tools for comprehensive insights.

Tesla, stocks, options