Live On CNBC, Bill Baruch Announces Bought More Tesla, Bought: December 260 Calls, Sold: December 290 Calls, Catalyst: Robotaxi Event On October 10, 2024
Portfolio Pulse from Benzinga Newsdesk
Bill Baruch announced on CNBC that he has increased his position in Tesla by buying December 260 calls and selling December 290 calls, with the catalyst being the upcoming Robotaxi event on October 10, 2024.
September 05, 2024 | 4:40 pm
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Bill Baruch has increased his position in Tesla by buying December 260 calls and selling December 290 calls, anticipating a positive impact from the Robotaxi event on October 10, 2024.
Bill Baruch's option strategy indicates a bullish outlook on Tesla, expecting the stock to rise but not exceed $290 by December. The Robotaxi event is seen as a potential catalyst for this upward movement.
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