Options Market Statistics: Tesla Shares Drop 8% After Disappointing Robotaxi Unveiling; Options Pop
News Highlights
1. $Tesla (TSLA.US)$'s stock dropped 8.8% following a disappointing robotaxi event on Thursday. The company introduced a new "cybercab" without a steering wheel or pedals, priced below $30,000, along with a "robovan" capable of carrying up to 20 passengers or transporting goods, but it didn't impress investors.
2. Ride-hailing giant $Uber Technologies (UBER.US)$ rose 10% after Tesla's event. Truist analyst Youssef Squali said the EV maker's announcements weren't "likely to alter the competitive landscape near-term" for Uber.
Unusual Stock Options Activity
There was a noteworthy activity in $C3.ai (AI.US)$, with $29 calls topping the second highest volume to open interest ranking. The highest volume over open interest ratio reaches 154.8x with 48,604 contracts.
Daily Active Index & Sector ETF Options
Source: Barchart, Unusual Whales, The Guardian, Bloomberg
BloombergOption Volume: [Options Notes]Measuring liquidity: two key indicators to check
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Implied Volatility Rank: Volatility Analysis: IV, HV, IV Rank, IV Percentile
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KYMO : But the robot is impressive
Goodjobguys : I believe the event was quite successful and demonstrated the evolution of future transportation. However, when someone with significant financial influence claims it’s not good enough, it doesn’t really matter what the "little guys" like us think—the "big money" always prevails. I suspect that his personal political views have made him some enemies in the financial world. It’s unfortunate, but the truth is, the financial world is controlled by those with the most power and money.
103664759 :
105367583 Joint :
101550592 : Awesome