Notable profits for the buyer who lifted the $13.12 offer for 1,855 Tesla (TSLA) Nov-24 345 calls yesterday at 12:48ET when underlying shares were trading at $340.35. Shares closed at $350.00, and the calls at $17.04 for a mark-to-market profit of 30%, or $728K, on the $2434K outlay.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSLA:
- Morgan Stanley questions if ‘$500 bull case in play’ for Tesla after election
- Trump may bring ‘large terminal value benefits’ for Tesla, says Deutsche
- SPY ETF Update, 11/12/2024
- Tesla Option Contracts Gain on Post-Election Rally, Pushing Shares up 9%
- Bank of America Weighs in on Tesla Stock Following Trump’s Victory