Tesla Whale Trades for March 07

A whale with lots of money to spend has taken a noticeably bearish stance on You’re here.

A look at the history of options for Tesla TSLA we detected 423 strange trades.

Looking at the specifics of each trade, it is correct to say that 43% of investors opened trades with bullish expectations and 56% with bearish expectations.

Of all the transactions identified, 182 are put options, for a total amount of $9,356,042 and 241 are call options, for a total amount of $20,421,552.

What is the target price?

Given the volume and open interest in these contracts, it appears whales have been targeting a price range of $500.0 to $2,475.0 for Tesla over the past 3 months.

Development of volume and open interest

Watching volume and open interest is a powerful move when trading options. This data can help you track the liquidity and interest of Tesla options for a given strike price. Below we can observe the evolution of volume and open interest of calls and puts, respectively, for all Tesla whale trades within a strike price range of $500.0 at $2475.0 in the last 30 days.

Tesla Options Volume and Open Interest in the Last 30 Days

The biggest options spotted:









symbol PUT/CALL Kind of trade Feeling Exp. Dated Strike price Total trade price open interest Volume
TSLA CALL TO SWEEP UP BEARISH 11/03/22 $830.00 $927.3K 784 4.2K
TSLA TO PUT TO SWEEP UP BEARISH 05/20/22 $690.00 $163.5,000 277 110
TSLA CALL TO SWEEP UP BULLISH 07/15/22 $1250.00 $158.7,000 1.4K 686
TSLA TO PUT TRADE BEARISH 05/20/22 $700.00 $146,200 2.2K 1.5K
TSLA TO PUT TRADE BULLISH 05/20/22 $700.00 $122,000 2.2K 1.3K

Where is Tesla right now?

  • With a volume of 13,313,545, the price of TSLA is down -0.69% at $832.51.
  • RSI indicators suggest that the underlying stock is currently neutral between overbought and oversold.
  • The next results should be published in 49 days.

What experts say about Tesla:

  • Piper Sandler has decided to maintain her overweight rating on Tesla, which currently sits at a price target of $1,350.
  • Daiwa Capital upgraded its stock to Outperform with a price target of $900

Options are a riskier asset than just trading stocks, but they have a higher profit potential. Serious options traders manage this risk by educating themselves daily, increasing and decreasing trades, following more than one indicator, and following the markets closely.

If you are already an options trader or want to get started, head over to Benzinga Pro. Benzinga Pro gives you up-to-date news and analysis to bolster your investment and trading strategy.

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