Moderately bullish activity in Tesla (TSLA), with shares up 20c, or 0.04%, near $483.57. Options volume running well above average with 3.70m contracts traded and calls leading puts for a put/call ratio of 0.73, compared to a typical level near 0.68. Implied volatility (IV30) dropped 1.92 near 46.01,in the lowest 10% of observations over the past year, suggesting an expected daily move of $14.02. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 30% Off TipRanks
Trade TSLA with leveragePublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSLA:
- Ford Stock (NYSE:F) Notches Up Amid Unexpected Pivot
- Tesla (TSLA) Accelerates Cybercab Testing as Production-Ready Models Appear on Streets
- Tesla Stock (NASDAQ:TSLA) Slips on Growing Concern Over “Mad Max” Mode
- Morgan Stanley seen as leading contender for SpaceX IPO, Reuters reports
- Morning News Wrap-Up: Friday’s Biggest Stock Market Stories!