Bullish flow in Tesla (TSLA), with shares up $21.51, or 5.43%, near $417.45. Options volume running well above average with 2.32m contracts traded and calls leading puts for a put/call ratio of 0.54, compared to a typical level near 0.67. Implied volatility (IV30) is higher by 3.2 points near 57.66,and below the 52wk median, suggesting an expected daily move of $15.16. Put-call skew flattened, suggesting a modestly bullish tone.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSLA:
- Tesla CEO buys shares, China says Nvidia broke antitrust law: Morning Buzz
- ‘Thick-Skinned’ Tesla Investors Defy the Pope and the Brits to Send Shares Soaring
- William Blair ‘becoming more bullish’ on Tesla after Musk stock buy
- Early notable gainers among liquid option names on September 15th
- Tesla’s Future: Balancing Confidence with Caution Amidst Robotaxi Ambitions and Margin Concerns