Options Spy | A pullback week? Institutional buy put option hedging
@OptionsBB:
$Tesla Motors(TSLA)$ fell for the third day in a row, and Tesla shares have fallen more than 11% so far, wiping out more than $70 billion in market value. Morgan Stanley analyst Adam Jonas cut his price target on Tesla to $320 from $345, saying demand for electric vehicles in key markets continues to weaken despite the steep price cuts. Option transaction shows large CALL option sell order $TSLA 20240328 170.0 CALL$ . $SUPER MICRO COMPUTER INC(SMCI)$ Nvidia hit a top pullback on Friday, with option transactions showing large open positions in forward puts to buy $SMCI 20250117