Moderately bullish activity in Tesla (TSLA), with shares up $13.26, or 2.75%, near $494.45. Options volume roughly in line with average with 1.78m contracts traded and calls leading puts for a put/call ratio of 0.58, compared to a typical level near 0.68. Implied volatility (IV30) dropped 0.48 near 45.4,in the lowest 10% of observations over the past year, suggesting an expected daily move of $14.14. Put-call skew flattened, suggesting a modestly bullish tone.
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