Option traders moderately bearish in Tesla (TSLA), with shares down $4.17 near $404.75. Options volume roughly in line with average with 1.36m contracts traded and calls leading puts for a put/call ratio of 0.82, compared to a typical level near 0.66. Implied volatility (IV30) is higher by 1.5 points near 54.45,and below the 52wk median, suggesting an expected daily move of $13.88. Put-call skew steepened, indicating increased demand for downside protection.
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:
- Morning News Wrap-Up: Tuesday’s Biggest Stock Market Stories!
- When the Safety Driver Falls Asleep: Tesla Stock (NASDAQ:TSLA) Slips With New Video
- Amazon-Backed Zoox Launches Self-Driving Taxi Service in San Francisco
- Tesla Stock Stalls as Market Holds Breath for Nvidia’s AI Verdict
- BYD Stock Dominates Uruguay’s Surging EV Market as Costly Gasoline Pushes Drivers to Switch