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Tesla Rally Flips Options to Most Bullish in Three Years.

Authors :
Marino, David
Source :
Bloomberg.com; 7/2/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Tesla Inc. options investors are currently very optimistic, with the three-month call skew at its widest since February 2021. This shift in sentiment comes as Tesla shares have risen by 34% in the past three weeks. The surge in shares was fueled by Tesla reporting a smaller annual decline in quarterly vehicle deliveries than expected by analysts. Options trading volume has also increased, with over 240,000 $230 calls expiring on Friday changing hands. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
178213940