Options traders are looking for Tesla Motors Inc (NASDAQ:TSLA)’s price to spike when earnings are announced later today, with the largest single trade on Tesla shares yesterday being a put option at 31% more than the company’s current stock price, reports Kaitlyn Kiernan for The Wall Street Journal.
Tesla's big swing
“It's been as wild as I've ever seen it around earnings," National Securities options strategist William Lefkowitz said about Tesla Motors Inc (NASDAQ:TSLA). "People are looking for big swings," he said.
And unlike price targets, which are...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full ArticleAlready a member? Log in here
