Options Market Statistics: Tesla Stock Soars 9% as Wall Street Grows More Bullish After 'Game-Changer' Election; Options Pop


$Tesla Motors(TSLA)$   stock gained nearly 9% on Monday, sending shares to their highest level since early 2022 and giving the company a market cap north of $1.1 trillion amid optimism that the electric vehicle maker will be a big winner under the Trump administration.

"We are raising our price target on Tesla to $400 from $300 as we believe the Trump White House win will be a game-changer for the autonomous and AI story for Tesla and Musk over the coming years," Wedbush analysts led by Dan Ives wrote in a new note to clients on Monday.

The options market was notably active, with a volume of 4.01 million contracts, where calls constituted 65.5% of the activity. The most traded calls are contracts of $350 strike price that expire on November 15. The total volume reaches 158,861 with an open interest of 33,013.


$Marathon Digital Holdings Inc(MARA)$   shares are trading higher Monday as Bitcoin BTC/USD hovers around all-time highs. The mining company announced additional capacity in Ohio.

 Bitcoin traded higher over the weekend and is hovering near all-time highs on Monday as the rally in risk assets following Donald Trump’s election win continues. Most anticipate a more favorable regulatory environment under Trump, who has positioned himself as pro-crypto.

The trading session was marked by substantial options activity, with a volume of 0.91 million contracts, of which 80.2% were calls. The most actively traded options were the $25 calls set to expire on November 15.


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

# 💰 Stocks to watch today?(4 Dec)

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

Comment1

  • Top
  • Latest
  • manlin_sun
    ·11-12

    Bullish on Tesla!

    Reply
    Report