From Nasdaq: 2024-04-12 11:15:58

Investors in Tesla Inc (TSLA) are seeing new options for the May 31st expiration. A put contract at the $170.00 strike price has a bid of $11.10, offering a 1% discount on the stock price. The call contract at $175.00 has a bid of $12.50, providing a 2% premium. Implied volatility stands at 53%.

Selling the put contract could yield a 6.53% return if it expires worthless, with odds at 58%. Buying the call contract as a “covered call” could lead to an 8.79% return if the stock reaches $175, with 48% odds of it expiring worthless. Actual volatility is at 48%.

Both options offer potential returns, track with Stock Options Channel for updates on changing odds and enjoy the YieldBoost.



Read more at Nasdaq: First Week of TSLA May 31st Options Trading