Moderately bullish activity in Tesla (TSLA), with shares up $9.32, or 2.24%, near $426.18. Options volume running well above average with 3.12m contracts traded and calls leading puts for a put/call ratio of 0.62, compared to a typical level near 0.67. Implied volatility (IV30) dropped 0.23 near 56.07,and below the 52wk median, suggesting an expected daily move of $15.05. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Outperform at Baird.
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