- Traders in Tesla stock options are expecting less volatility after the release of the company’s third-quarter results.
- The options strategy known as a straddle is priced for the stock to move $13.66 (5.5%) in either direction on Thursday.
- This is below the average price move of $16.03 after the past 12 quarterly reports.
- A buyer of the straddle would start making money if the stock falls below $232.49 or rises above $259.81.
- The stock has historically moved more than 5.5% after the past five quarterly reports, with an average move of 9.4%.
Factuality Level: 8
Justification:
Noise Level: 7
Justification:
Financial Relevance: Yes
Financial Markets Impacted: Tesla Inc. stock options
Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article discusses the expectations of traders in Tesla Inc. stock options following the release of the company’s third-quarter results. It does not mention any extreme events or their impacts.
Public Companies: Tesla Inc. (TSLA)
Private Companies:
Key People:
Traders in Tesla stock options are expecting less volatility following the release of the company’s third-quarter results. The options strategy known as a straddle, which involves buying both bearish and bullish options at current strike prices, is priced for the stock to move $13.66 (5.5%) in either direction on Thursday. This is lower than the average price move of $16.03 after the past 12 quarterly reports. If the stock falls below $232.49 or rises above $259.81, a buyer of the straddle would start making money. Historically, the stock has moved more than 5.5% after the past five quarterly reports, with an average move of 9.4%.
