Tesla shares gained more than 2% on Monday, climbing above $340 to reach their highest level in roughly two months and extending a rebound that saw the stock jump from $319 to $340 last Friday. The rally has been accompanied by a surge in bullish options activity. Flow-tracking services recorded the opening of a sizable call position at the $350 strike expiring Sept. 12, while some 4,400 Sept. 26 $330 put contracts were sold to open, a trade that profits if the shares stay above that level. Traders also snapped up about 1,400 February 2026 $550 calls, signalling longer-dated optimism. Overall intraday volume showed roughly 742,000 calls changing hands against 349,000 puts, with most of the flow concentrated in near-term maturities. The positioning suggests investors are looking for the stock to test the $350–$357 area over the coming weeks as Tesla continues to outperform other large-cap technology peers.
$tsla gave a nice way to manage the trade today https://t.co/wqC0YAaa9g
$GPRO Put/Call: 8559/142k Temporal Hedging Analysis: Net Option Delta In Last 10 Minutes = 76k shares Net Option Delta Today = 4.31m shares https://t.co/VuSaIChwLH https://t.co/5KGEoQE1Uc
$TSLA daily VPOC ⬆️ https://t.co/WIrM50h5mC