From Nasdaq: 2024-04-26 12:38:30

New options for Tesla Inc (Symbol: TSLA) are available for June 7th expiration. A put contract at $140.00 with a bid of $1.65 allows investors to buy shares at a lower cost basis of $138.35. The call contract at $170.00 with a bid of $9.45 offers a total return of 6.17% if stock gets called away.

The $140.00 put has an 88% chance of expiring worthless, while the $170.00 call has a 47% chance. Implied volatility is 51% for put and 53% for call contracts, with actual trailing twelve month volatility at 49%. For more options ideas, visit StockOptionsChannel.com.

Overall, these options provide unique opportunities for investors looking to manage risk and potentially increase returns on Tesla stock.



Read more at Nasdaq: Interesting TSLA Put And Call Options For June 7th