Tesla Stock Holds Strong, Up 4.7% with $420 Target and 10 Point Move Amid 1,800 June 2027 Options Trading

$TSLA exhibited resilience on January 31, 2025, maintaining strength after an initial dip earlier in the trading session. The stock was observed testing a trendline resistance, with analysts noting a potential closing above the $420 mark, which is seen as a significant psychological level. The options market had priced in a 10-point move for the day, and Tesla's stock was up approximately 4.7% during the session. Additionally, newly listed options for June 2027 were highlighted, with a notable transaction involving a large buyer of 1,800 call spreads priced at $15.40, targeting strike prices of $650 and $750. As the month concludes, market participants are closely monitoring how the stock will respond to ongoing tariff news and the implications of options trading on Tesla's performance.