Investors considering purchasing Tesla Inc shares may find selling put options an alternative strategy. A put contract for June 2028 at the $80 strike has a bid of $3.30, offering a 4.1% return against the $80 commitment or a 1.8% annualized rate of return.

Selling puts does not provide access to Tesla’s upside potential unless the contract is exercised, resulting in owning shares. The put seller benefits from collecting the premium unless the stock declines significantly. Historical volatility and fundamental analysis can help assess the risks and rewards of selling put options.

Currently, the put:call ratio for S&P 500 components is 0.73, above the long-term median of 0.65. More put buyers than expected are active in options trading today, with 1.33M put contracts and 1.33M call contracts traded. Visit StockOptionsChannel.com for more insights on options trading.

For more information on top YieldBoost Puts of the Nasdaq 100 and other stock-related news, visit the links provided. The author’s views do not necessarily reflect those of Nasdaq, Inc.

Read more at Nasdaq: Commit To Buy Tesla At $80, Earn 4.1% Using Options