Tesla Rally Pushes Options to Most Bullish in Three Years

Reported about 1 year ago

Tesla Inc. options investors are currently the most bullish in over three years, with a wide gap between call and put options premiums. This shift in sentiment comes as Tesla shares have surged 34% in recent weeks, reaching an almost six-month high. The company's stock rose by 10% following a positive report on quarterly vehicle deliveries, leading to increased trading volume in options, particularly in $230 calls set to expire on Friday.

Source: YAHOO

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