Options Spy: Tesla call options open volume surges

Several Fed officials are scheduled to speak this week, They included New York Fed President John Williams, Dallas Fed President Lorie Logan, Atlanta Fed President Raphael Bostic and Boston Fed President Susan Collins, Both Williams and Rogan have a vote on monetary policy this year, and former St. Louis Federal Reserve Bank President James Bullard will also speak, with markets watching for their views on interest rates and the economic outlook.

The labor market remains in focus this year, with data released on Friday showing U.S. nonfarm payrolls are expected to have increased 187,000 in August, above expectations of 170,000, and the unemployment rate increased to 3.8 percent, a sharp rise from July and the highest since February 2022.

Goldman Sachs Group Inc. sees a 15 percent chance of the U.S. economy entering a recession in the next 12 months, down from a previous forecast of 20 percent, as cooling inflation and a still-resilient labor market suggest the Fed may not need to raise interest rates further.

However, David Rosenberg, founder of Rosenberg Research, a well-known Wall Street bear, said he believes the U.S. economy is rapidly heading for recession and the negative impact of the Fed's rate hike has not yet been fully felt, predicting a recession within six months.

Last Friday, Tesla's forward call options were active, and according to the recent large order, institutions are optimistic that Tesla's stock price will not fall more than 232.5 in the nearly two weeks:

$TSLA 20230915 232.5 PUT$

* 9:30 ~ 10:30 every day, real-time sharing of exclusive screening options large order, welcome to click to subscribe.

Option buyer open position (Single leg)

Highlight order:

Buy TOP T/O: $FSLR 20240621 175.0 PUT$ $PFE 20231215 37.5 CALL$

Buy TOP Vol: $PFE 20231215 37.5 CALL$ $NU 20230915 7.5 CALL$

$Nu Holdings Ltd.(NU)$ has been in a downward spiral recently and has been under heavy selling pressure. After falling 11.8 percent over the past four weeks, the stock is now in oversold territory, looking like a trend reversal is likely, and Wall Street analysts are strongly betting that the company will report better earnings than previously expected.

Note: This image data is from Tiger PC. This screening is a significant buy open position for options contracts in the market. The purchase of a call option means that the trader believes that the underlying has upward momentum, and the purchase of a put option means that the trader believes that the underlying has downward momentum. These contract openings typically indicate significant activity in the underlying stock, including whether the trader is willing to accumulate a long or short option position.

Option seller open position (Single leg)

Highlight order:

Sell TOP T/O: $META 20231020 315.0 CALL$ $NVDA 20230908 550.0 PUT$

Sell TOP Vol: $WBD 20231013 10.5 PUT$ $ICE 20231020 125.0 CALL$

Note: This image data is from Tiger PC. This screen is a significant sell open position for an option contract in the market. A sell of a call option means that the trader believes that the underlying trend has peaked, and a sell of a put option means that the trader believes that the underlying trend has bottomed. These contract openings typically indicate significant activity in the underlying stock, including whether the trader is willing to accumulate a long or short option position.

Options portfolio open position

Note: This image data is from Tiger PC. This screening is a significant portfolio of options contracts in the market. Portfolio opening includes a variety of underlying trends, requiring traders to further master the basic knowledge of options for analysis and judgment.

# Describe greek letter of options in one sentence!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment14

  • Top
  • Latest
  • cheeryx
    ·2023-09-06
    TOP

    EOY forecasts are between $150 and $650. Puts have been outpacing calls recently it seems. Some big bets have been made. Did Elon shoot himself in the foot or does he have an ace up his sleeve? Asking for a friend.

    Reply
    Report
  • AugustineMac-
    ·2023-09-06
    TOP

    Is anyone aware that this company is valued at $800 billion? Anything tried to beautify at this market cap seems to me just helpless excuses.

    Reply
    Report
  • mizzle
    ·2023-09-06

    How credible is the claim that Tesla is going to drive people out of business by constantly lowering their prices? I personally don't really see it because legacy autos can still make money off of ICEs and their costs will also go down over time. I also admittedly don't think the world will switch to 100% EVs in 10 years even and ICEs will still be a decent, but slower-growing, part of the picture.

    Reply
    Report
  • ColinThorndike
    ·2023-09-06

    I agree TSLA is a great buying opportunity for the long term investor but people shouldn’t bash a company just to get the stock for a dollar or two lower price.

    Reply
    Report
  • fizzik
    ·2023-09-06

    Tesla is very deep into AI and has been deep into AI for over a decade. I'm bullish on Tesla as a company

    Reply
    Report
  • MTSS
    ·2023-09-07
    Great ariticle, would you like to share it?
    Reply
    Report
  • Great ariticle, would you like to share it?
    Reply
    Report
  • Fashionist
    ·2023-09-06

    Great ariticle, would you like to share it?

    Reply
    Report
  • Gg[Cry] [Grin] [Cry] 

    Reply
    Report
  • Gh

    Reply
    Report
  • Tangan
    ·2023-09-06
    Thanks
    Reply
    Report
  • KSR
    ·2023-09-06
    👍
    Reply
    Report
  • Alas1209
    ·2023-09-06

    Great article 

    Reply
    Report
  • andrew123
    ·2023-09-06
    like
    Reply
    Report