Mixed options sentiment in Tesla (TSLA), with shares down $11.18 near $442.07. Options volume relatively light with 1.12m contracts traded and calls leading puts for a put/call ratio of 0.63, compared to a typical level near 0.62. Implied volatility (IV30) dropped 2.19 near 62.45,and above the 52wk median, suggesting an expected daily move of $17.39. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Tesla (TSLA) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSLA:
- IBM partners with Anthropic, Dell boosts long-term view: Morning Buzz
- Morning News Wrap-Up: Tuesday’s Biggest Stock Market Stories!
- Lucid’s (LCID) Q3 Deliveries Jump 47% But Miss Expectations
- Tesla (TSLA) Set to Launch Affordable Model Y Variant on October 7
- Tesla call buyer realizes 17% same-day gains