Recent trading activity in Tesla Inc. ($TSLA) options has shown significant investor interest, particularly in long-dated calls. Notably, $840 calls expiring in May 2025 saw nearly $4 million in purchases, indicating bullish sentiment. Additionally, $TSLA's $840 calls were bought at approximately $12.80, while 500 January 2026 $640 calls were sold at $62.40, suggesting a willingness to accept a 65% return from current prices. The activity also included buyers of 3,000 $475 calls set to expire on December 27, priced at $4.74, reflecting a notable increase of nearly 300% from previous buys. This surge in options trading occurs as Tesla approaches previous all-time highs, which historically leads to increased volatility.