
Tesla Inc. (TSLA) experienced unprecedented trading activity on November 11, 2024, with over 204 million shares traded, significantly surpassing its typical daily volume of approximately 82 million shares. This surge in trading was accompanied by a notable increase in call options, highlighted by a $16.9 million call print set to expire on Friday. The options flow for TSLA reached levels not seen since early July, when a similar skew towards call premiums preceded a significant stock decline. Analysts noted that TSLA's call flows have broken a record previously held by Nvidia (NVDA) for the most bullish premium in a single day, indicating a strong bullish sentiment among traders. The aftermarket trading continued robustly, raising questions about TSLA's closing price for the following day.






Wow! The enormous call flows in $TSLA have distorted skew across its options chain to incredibly bullish levels. The last time it was this lopsided towards call premium was in early July, before the stock fell about 30%. Be careful as this appears to be a rather euphoric move. https://t.co/VixZGZGIVa https://t.co/zV2TrOh7T7
How much might $TSLA close tomorrow? 🤔 https://t.co/vDHXvcGOQy
$TSLA's typical trading day is about 82 million shares. Today, $TSLA traded strongly with over 204 million shares. The green train continues in to the aftermarket as well. How much will $TSLA close at tomorrow? Time will tell! https://t.co/q5xsTNEtKB