Notable profits for the buyer who lifted the $1.54 offer for 2,015 Tesla (TSLA) Sep-23 277.5 calls yesterday at 10:23ET when underlying shares were trading at $272.41. Shares closed at $276.04, and the calls at $2.11 for a mark-to-market profit of 37%, or $114K, on the $311K outlay.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% 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>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on TSLA:
- VTI ETF: This Diversified Powerhouse Owns Over 3,800 Stocks
- Tesla (NASDAQ:TSLA) is About to Revolutionize Car Manufacturing…Again
- Cathie Wood’s ARK Invest Trims Tesla (NASDAQ: TSLA) Holdings
- ‘Hold Your Horses,’ Says Needham About Tesla Stock
- Sunrise New Energy (NASDAQ: EPOW) Makes Waves with New Patents for Battery Innovation