Options Market Statistics: Tesla Shares Soar And Options Pop Ahead of Delivery of Cybertruck

Options Newsman joined discussion · Nov 29, 2023 08:26

News Highlight

$Tesla (TSLA.US)$ shares rose by 4.51%, closing at $246.72. Its options trading volume is 2.24 million. Call contracts account for 59.5% of the whole trading volume.

The long-awaited Tesla Cybertruck is scheduled to go on sale on Thursday after years of delays and as Chief Executive Elon Musk warned there would be "challenges" to reaching volume production of the electric pickup truck.

Tesla is holding an event Thursday at 3 p.m. Eastern at its factory in Austin, Texas, to mark the occasion and deliver the first Cybertrucks to 10 customers.

$MARA Holdings (MARA.US)$ shares rose by 9.75%, closing at $12.38. Its options trading volume is 0.31 million. Call contracts account for 75.2% of the whole trading volume.

$PayPal (PYPL.US)$ shares rose by 3.69%, closing at $58.47. Its options trading volume is 0.27 million. Call contracts account for 69.6% of the whole trading volume.

Options Market Statistics: Tesla Shares Soar And Options Pop Ahead of Delivery of Cybertruck

Unusual Stock Options Activity

Some notable call activity is being seen in $Opendoor Technologies (OPEN.US)$, which is primarily being driven by activity on the Feb 16th 2024 4.00 call. Volume on this contract is 17,847 versus open interest of 661.

Daily Active Index & Sector ETF Options

Source: Benzinga, Dow Jones, CNBC, Reuters

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