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Barchart
Mark R. Hake, CFA

Tesla Stock Put Options Are Still Highly Priced - Ideal for Shareholders to Sell Short for Income

Tesla Inc. AnaChart Barchart

Tesla Inc. (TSLA) put options in near-term expiry periods are still at high premium levels, even after TSLA stock has rebounded. This is ideal for existing shareholders to sell short out-of-the-money (OTM) put options to gain extra income. This article will show how that can be done.

TSLA stock closed on Friday, May 3, at $181.19 per share, up 27.6% from its low price of $142.05 on April 22. However, TSLA stock still looks cheap here, based on analysts' price targets and revenue estimates.

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