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Barchart
Mark R. Hake, CFA

Unusual Tesla Call Options Volume Shows Investors Bullish on TSLA

Today, several tranches of heavily out-of-the-money Tesla, Inc. (TSLA) call options have traded. TSLA will have to more than double in six months for the trade to be profitable with intrinsic value (i.e., “in-the-money”). 

That indicates a significant bullish sentiment in TSLA stock. TSLA is at $455.03 in midday trading, up over 2% today. It's now starting to approach a previous peak at the end of last year ($479.86 on Dec. 17, 2024).

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