Notable profits for the buyer who lifted the $7.20 offer for 1,011 Tesla (TSLA) 11/28 weekly 415 calls yesterday at 09:41ET when underlying shares were trading at $408.13. Shares closed at $417.78, and the calls at $12.30 for a mark-to-market profit of 71%, or $516K, on the $728K outlay.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSLA:
- Gordon Johnson Issues Sell Rating on Tesla Amid Discrepancies in Q4 Delivery Estimates and Financial Concerns
- Which New AI Stock Just Joined the ‘Trillion-Dollar’ Club?
- Tesla price target lowered to $475 from $485 at Mizuho
- Tesla Stock (TSLA) Falls as Sales Crash in Europe and China; BYD Races Ahead
- Tesla Stock (NASDAQ:TSLA) Blasts Up Despite New Lawsuit
