Looking At Tesla's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A large bearish position on Tesla (NASDAQ:TSLA) has been spotted in the options market, with 545 uncommon options trades identified. The sentiment among these big-money traders is split between 44% bullish and 55% bearish. Whales have been targeting a price range from $5.0 to $825.0 for Tesla over the last 3 months.
June 20, 2023 | 4:47 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
A large bearish position has been identified in Tesla's options market, with 545 uncommon trades and a sentiment split between 44% bullish and 55% bearish among big-money traders.
The large bearish position in Tesla's options market indicates that someone with significant capital believes the stock price may decline in the short term. This could lead to increased selling pressure and a negative impact on the stock price. The sentiment split between bullish and bearish traders also adds uncertainty to the stock's short-term direction.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100