Moderately bullish activity in Tesla (TSLA), with shares up $4.75, or 1.13%, near $426.38. Options volume roughly in line with average with 2.50m contracts traded and calls leading puts for a put/call ratio of 0.63, compared to a typical level near 0.67. Implied volatility (IV30) is higher by 0.3 points near 56.22,and below the 52wk median, suggesting an expected daily move of $15.10. Put-call skew steepened, indicating increased demand for downside protection.
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