Editor’s Note: This article, along with its headline, was revised on Aug. 25, 2026, to correct the unusual options activity in Tesla from “calls” to “puts.” This corrected version has also been distributed to recipients of Barchart’s Unusual Options Activity newsletter.
A Barchart report today shows some Tesla (TSLA) institutional investors have bought long-dated put options (over 1-year expiry). The in-the-money put purchases show these buyers placing large bets on TSLA over the coming year. It could be both bearish from put buyers, and bullish from put short sellers.