Is Tesla stock headed for another historic surge?
In the options market, the ratio between put and call contracts (Put/Call Ratio) is like a market sentiment indicator.
- A call is a contract that profits when the stock rises.
- A put is a contract that profits when the stock falls.
When the ratio is low, meaning many more traders are buying calls than puts, it's a sign of optimism from options traders.
And this week?
We found that Tesla's put/call ratio plunged to its lowest level since November 2023, when a crazy rally of +44% began within a month.
Is history about to repeat itself?
Is the options market once again ahead of everyone?
We continue to monitor.