
Recent trading activity in Tesla Inc. ($TSLA) options has seen significant bullish sentiment, with notable purchases of call options. On December 2, 2024, traders acquired 6,000 April $540 calls for over $7.5 million, indicating a strong expectation for price movement as the year-end approaches. Additionally, midday trading revealed the purchase of 3,500 June $650 calls at prices between $12.50 and $12.75, totaling over $4.4 million. These transactions suggest that investors are anticipating a quick upward shift in Tesla's stock price. Furthermore, there have been reports of over $1 million in bullish out-of-the-money (OTM) call options, reinforcing the notion that traders expect a rapid price increase. In contrast, some investors are increasing their short positions in Tesla, indicating a mixed sentiment in the market. Shorts covering were also noted at a price point of $350, suggesting ongoing volatility in Tesla's stock performance.
$NVDA $2M+ Call Sellers These contracts have a shorter-dated expiration than the call buys from earlier It looks like someone wants to collect premium this week and then a directionally bullish move can happen after https://t.co/lVhyHfG0kw
$TSLA shorts covering buying happening NOW $350
$NVDA $17M+ of BULLISH premium between these 4 orders 😱 https://t.co/8gohSr7a4E

