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Tesla Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bearish stance on Tesla.

Looking at options history for Tesla TSLA we detected 477 strange trades.

If we consider the specifics of each trade, it is accurate to state that 44% of the investors opened trades with bullish expectations and 55% with bearish.

From the overall spotted trades, 264 are puts, for a total amount of $26,304,641 and 213, calls, for a total amount of $16,164,129.

What’s The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $186.67 to $700.0 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 you track the liquidity and interest for Tesla’s options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Tesla’s whale activity within a strike price range from $186.67 to $700.0 in the last 30 days.

Tesla Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
TSLA PUT TRADE NEUTRAL 10/21/22 $383.33 $265.3K 499 60
TSLA CALL SWEEP BEARISH 09/30/22 $280.00 $170.4K 8.9K 83.4K
TSLA PUT SWEEP BULLISH 11/18/22 $250.00 $151.4K 33.3K 2.6K
TSLA PUT TRADE BEARISH 01/19/24 $500.00 $138.3K 2.3K 1.0K
TSLA CALL SWEEP BULLISH 09/30/22 $280.00 $133.6K 8.9K 80.1K
Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
TSLA PUT TRADE NEUTRAL 10/21/22 $383.33 $265.3K 499 60
TSLA CALL SWEEP BEARISH 09/30/22 $280.00 $170.4K 8.9K 83.4K
TSLA PUT SWEEP BULLISH 11/18/22 $250.00 $151.4K 33.3K 2.6K
TSLA PUT TRADE BEARISH 01/19/24 $500.00 $138.3K 2.3K 1.0K
TSLA CALL SWEEP BULLISH 09/30/22 $280.00 $133.6K 8.9K 80.1K

Where Is Tesla Standing Right Now?

  • With a volume of 43,814,679, the price of TSLA is up 1.2% at $278.64.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 23 days.

Options are a riskier asset compared to just 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.

If you want to stay updated on the latest options trades for Tesla, Benzinga Pro gives you real-time options trades alerts.

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