Notable profits for the buyer who lifted the $5.20 offer for 1,856 Tesla (TSLA) 4/8 weekly 355 puts yesterday at 11:04ET when underlying shares were trading at $355.30. Shares closed at $352.82, and the puts at $6.20 for a mark-to-market profit of 19%, or $185K, on the $965K outlay.
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:
- Tesla put buyer realizes 19% same-day gains
- Tesla Stock (TSLA) Fails to Motor Despite European EV Sales Pick-Up
- SpaceX outlines details of IPO, targets June roadshow, Reuters says
- Tesla’s South Korea Sales Defy Global Slump, Q1 Deliveries jump 335%
- Tesla Stock Is Falling – Why Daniel Ives Remains Bullish?
