Tesla (TSLA) has more than doubled since April, showing extreme volatility. Wall Street has a “Hold” rating on the stock, with long-term holders and active traders embracing the ups and downs. The stock has seen a return to the $490 area and is considered a risky investment due to its high forward earnings and sales multiples. Risk managers are exploring collar combinations to limit downside risk and take advantage of potential upside. Overall, Tesla remains a high-risk, high-reward investment option for those willing to embrace the volatility.

Read more at Barchart: How to Turn the Volatility in Tesla Stock into a 20% Upside Opportunity with Just 0.3% Downside Risk