Notable profits for the buyer who lifted the $3.55 offer for 1,578 Tesla (TSLA) 12/1 weekly 247.5 puts yesterday at 10:40ET when underlying shares were trading at $249.15. Shares closed at $244.14, and the puts at $6.09 for a mark-to-market profit of 72%, or $401K, on the $560K outlay.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
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:
- UAW Now has Tesla (NASDAQ:TSLA), Other Non-Union Automakers on its Radar
- Tesla Stock: All Eyes on Cybertruck This Week — Here’s What Wall Street Expects
- Notable open interest changes for November 29th
- Nio (NYSE:NIO) Eyes Profitability to Boost its Stock Price
- Tesla Stock (NASDAQ:TSLA): Cybertruck Deliveries Set to Hit the Streets
