TSLA

Tesla: mysterious options trade and first insider purchase in 5 years

An options whale made a huge CALL purchase of $1.1 million, and simultaneously a board member bought Tesla stock for over $1 million.

By the SpyStocks desk · 1y ago · 2 min read

What are they hiding from us?

Mysterious giant options trade on Tesla!

Yesterday, an extremely unusual movement occurred in Tesla stock ($TSLA):

A large whale – a heavy and powerful investor – made a huge purchase of CALL options worth $1.1 million!

But that's not all: he chose a strike price of $405, while the stock is trading at only $287.

And he has less than two months to get there before the options expire – and he could lose his money if the stock price does not reach his target!

Something here smells unusual.

To profit, Tesla needs to jump by more than 40% in a very short time.

But wait, wait!

It doesn't end there

Just this morning we also identified an insider trade

- A board member bought Tesla stock on April 24 for over $1 million.

Note: this is the first insider purchase in 5 years.

Are there upcoming news?

Is a technological revolution on the way?

Or is it just a particularly bold bet?

What do you think they know that we don't?

The game begins, two months - run!

We are watching.

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