Cboe data suggests bullish flow in Tesla with shares up 1.59%

Cboe data suggests bullish flow in Tesla (TSLA), with shares up $6.38, or 1.59%, near $406.88. Options volume roughly in line with average with 3.05m contracts traded and calls leading puts for a put/call ratio of 0.84, compared to a typical level near 0.63. Implied volatility (IV30) is higher by 4.0 points near 45.92,and below the 52wk median, suggesting an expected daily move of $11.77. Put-call skew flattened, suggesting a modestly bullish tone.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on TSLA:

Disclaimer & DisclosureReport an Issue