Check Out What Whales Are Doing With TSLA 11:31 am ET March 6, 2023 (Benzinga) Print A whale with a lot of money to spend has taken a noticeably bearish stance on Tesla. Looking at options history for Tesla (NASDAQ:TSLA) we detected 195 strange trades. If we consider the specifics of each trade, it is accurate to state that 46% of the investors opened trades with bullish expectations and 53% with bearish. From the overall spotted trades, 86 are puts, for a total amount of $4,467,032 and 109, calls, for a total amount of $6,230,313. What's The Price Target? Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $125.0 to $300.0 for Tesla over the last 3 months. Volume & Open Interest Development 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 $125.0 to $300.0 in the last 30 days. Tesla Option Volume And Open Interest Over Last 30 Days
Look out below. I'm out for now. Looks like free willy made a smart move. The banks may create a good sized rug pull. DOW 25,000???
