TSLA

Tesla: unusual options and a new price target

Scanners detected two unusual options trades in Tesla totaling $3.5 million, alongside a price target increase.

By the SpyStocks desk · 4y ago · 1 min read

💸 Premium information alert: 💸

$TSLA: a few minutes ago, our scanners detected 2 unusual options trades, within minutes of each other:

1. First trade for $1.84 million.

2. Second trade for $1.65 million.

The option traders believe Tesla will reach a price of approximately $1400 by 21/1/2022.

This comes after the stock received a price target increase today (8.12) from "NEW STREET" to $1580.

The total options amount is $3.5 million, an unusual amount.

The aforementioned option trades plus the stock's price target increase constitute a bullish indication for a potential upside of approximately 35%.

- Nothing herein constitutes a recommendation -

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