| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
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| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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Someone with a lot of money to spend has taken a bearish stance on Tesla (NASDAQ:TSLA).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with TSLA, it often means somebody knows something is about to happen.
So how do we know what this whale just did?
Today, Benzinga's options scanner spotted 138 uncommon options trades for Tesla.
This isn't normal.
The overall sentiment of these big-money traders is split between 44% bullish and 55%, bearish.
Out of all of the special options we uncovered, 100 are puts, for a total amount of $6,553,343, and 38 are calls, for a total amount of $1,609,890.
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $165.0 to $600.0 for Tesla over the last 3 months.
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Tesla's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Tesla's whale trades within a strike price range from $165.0 to $600.0 in the last 30 days.
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| TSLA | CALL | SWEEP | BULLISH | 12/09/22 | $170.00 | $231.2K | 5.9K | 12.2K |
| TSLA | PUT | SWEEP | BULLISH | 12/09/22 | $170.00 | $222.4K | 34.3K | 51.2K |
| TSLA | PUT | SWEEP | BULLISH | 12/09/22 | $180.00 | $206.2K | 11.8K | 2.5K |
| TSLA | PUT | SWEEP | BEARISH | 12/09/22 | $170.00 | $136.3K | 34.3K | 37.5K |
| TSLA | PUT | SWEEP | BEARISH | 12/09/22 | $180.00 | $114.0K | 11.8K | 3.0K |
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Tesla, Benzinga Pro gives you real-time options trades alerts.
Posted In: TSLA
