tiprankstipranks
Advertisement
Advertisement

Option traders moderately bearish in Tesla with shares down 1.33%

Option traders moderately bearish in Tesla (TSLA), with shares down $5.42 near $403.16. Options volume running well above average with 1.24m contracts traded and calls leading puts for a put/call ratio of 0.82, compared to a typical level near 0.8. Implied volatility (IV30) is higher by 0.3 points near 40.22,in the lowest 10% of observations over the past year, suggesting an expected daily move of $10.21. Put-call skew steepened, indicating increased demand for downside protection.

Claim 55% Off TipRanks

New trading tool for TSLA bears

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1