Notable profits for the buyer who lifted the $4.20 offer for 1,641 Tesla (TSLA) Dec-22 200 calls yesterday at 13:39ET when underlying shares were trading at $185.03. Shares closed at $194.70, and the calls at $7.34 for a mark-to-market profit of 75%, or $516K, on the $689K 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
See today’s best-performing stocks on TipRanks >>
Read More on TSLA:
- EV Stocks Continue to Hog the Limelight
- Zuckerberg says Apple’s app policies ‘not sustainable,’ Axios reports
- Tesla to Fix Glitch in 435K Vehicles in China; First Semi Truck Set for Delivery Today
- Despite Twitter Distraction, Keep on Buying Tesla Stock, Says Morgan Stanley
- Musk under renewed pressure from EU, U.S. over Twitter purchase, FT says