Tesla Unusual Options Activity For August 24
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Tesla (NASDAQ:TSLA), with a bearish stance being taken by a majority of investors. Of the 41 strange trades detected, 58% were bearish and 41% were bullish. The total amount for puts was $1,090,934 and for calls was $669,328. Whales have been targeting a price range from $180.0 to $260.0 for Tesla over the last 3 months. The current price of TSLA is up 0.38% at $237.77.
August 24, 2023 | 1:46 pm
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Unusual options activity has been detected for Tesla, with a majority of investors taking a bearish stance. Whales have been targeting a price range from $180.0 to $260.0 over the last 3 months.
The bearish stance taken by a majority of investors in the unusual options activity indicates a potential downward pressure on Tesla's stock price in the short term. The targeted price range by whales also suggests a potential decrease in the stock price.
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