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Bullish flow in Tesla with shares up 2.75%

Bullish flow in Tesla (TSLA), with shares up $8.87, or 2.75%, near $331.14. Options volume more than double the daily average with 2.39m contracts traded and calls leading puts for a put/call ratio of 0.65, compared to a typical level near 0.79. Implied volatility (IV30) is higher by 0.6 points near 44.76,in the lowest 10% of observations over the past year, suggesting an expected daily move of $9.34. Put-call skew flattened, suggesting a modestly bullish tone.

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