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Mixed options sentiment in Tesla with shares up 2.86%

Mixed options sentiment in Tesla (TSLA), with shares up $11.71, or 2.86%, near $421.75. Options volume roughly in line with average with 2.17m contracts traded and calls leading puts for a put/call ratio of 0.6, compared to a typical level near 0.67. Implied volatility (IV30) dropped 1.27 near 55.93,and below the 52wk median, suggesting an expected daily move of $14.86. Put-call skew steepened, indicating increased demand for downside protection.

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