Tesla Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Benzinga's options scanner revealed unusual options activity for Tesla (NASDAQ:TSLA), with a mix of bullish and bearish sentiments among significant investors. A total of 54 uncommon options trades were spotted, comprising 18 puts and 36 calls, indicating a price target range of $190.0 to $200.0 for Tesla in the next three months. The trading volume and open interest analysis for Tesla's options within this price range were also provided. Tesla's current market status shows a trading volume of 2,594,358, with a slight price decrease of -0.77%, and an RSI indicating it may be approaching oversold territory. An earnings announcement is expected in 65 days.
February 12, 2024 | 2:47 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Unusual options activity detected for Tesla, indicating a potential price target range of $190.0 to $200.0 in the next three months. Current market status shows a slight price decrease and an upcoming earnings announcement.
The unusual options activity, with a mix of bullish and bearish sentiments, suggests that significant investors are expecting a price movement for Tesla within the $190.0 to $200.0 range in the short term. The current slight price decrease and the RSI indicator approaching oversold territory could make this an opportune moment for investors to pay attention to Tesla, especially with an earnings announcement on the horizon. The confidence in this analysis is based on the detailed options activity and current market indicators provided.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100