Decoding Tesla's Options Activity: What's the Big Picture?
- by Benzinga.com
- Nov 12, 2024
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Benzinga Insights, Benzinga Staff Writer
November 12, 2024 11:15 AM
| 3 min read About Tesla
Tesla is a vertically integrated battery electric vehicle automaker and developer of autonomous driving software. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling more affordable vehicles, a sports car, and a robotaxi. Global deliveries in 2023 were a little over 1.8 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network.
In light of the recent options history for Tesla, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Tesla's Current Market Status
With a trading volume of 59,854,724, the price of TSLA is down by -2.6%, reaching $340.89.
Current RSI values indicate that the stock is may be overbought.
Next earnings report is scheduled for 71 days from now.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Tesla options trades with real-time alerts from Benzinga Pro.
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