Options Market Statistics: Tes-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Options Market Statistics: Tesla Stock Climbs After Receiving Ride-Hailing Permit

$Tesla Motors(TSLA)$ shares rose 4% on Wednesday. The most traded calls are contracts of $240 strike price that expire on Mar 21 and the total volume reaching 131,796 with the open interest of 14,649.

Chief Executive Elon Musk's company received the green light on Tuesday from the California Public Utilities Commission for a transportation charter-party carrier permit. That gives Tesla the ability to transport employees in company-owned vehicles before potentially later transporting members of the public.

While technically a step toward the Tesla robotaxi, the permit is related to taxis, not fully autonomous vehicles. Musk has said that unsupervised full self-driving, or FSD, will come as a paid service to Austin, Texas, in June. Musk has also claimed there will be robotaxi tests in many U.S. cities by year end.

@TigerStars @CaptainTiger @TigerWire @Daily_Discussion @Tiger_chat @Tiger_comments @MillionaireTiger

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Comments

JimmyHua
03-20
JimmyHua
Impressive insights and a great analysis!
dimzy5
03-20
dimzy5
Interesting development
VivianChua
03-21
VivianChua
Nice 💚💚💚

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The most traded calls are contracts of $240 strike price that expire on Mar 21 and the total volume reaching 131,796 with the open interest of 14,649.</p>\n<p>Chief Executive Elon Musk's company received the green light on Tuesday from the California Public Utilities Commission for a transportation charter-party carrier permit. That gives Tesla the ability to transport employees in company-owned vehicles before potentially later transporting members of the public.</p>\n<p>While technically a step toward the Tesla robotaxi, the permit is related to taxis, not fully autonomous vehicles. Musk has said that unsupervised full self-driving, or FSD, will come as a paid service to Austin, Texas, in June. 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