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Tesla missed Q4 delivery targets: What's next?
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Options Market Statistics: Tesla Stock Falls on Friday; Investors Closely Focus on Tesla's Fourth-Quarter Deliveries, Options Pop

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Options Newsman joined discussion · Dec 28, 2024 09:15
News Highlights
1. Shares of $NVIDIA (NVDA.US)$ slid 2.09% to $137.01 Friday, on what proved to be an all-around rough trading session for the stock market, with the $S&P 500 Index (.SPX.US)$ falling 1.11% to 5,970.84 and $Dow Jones Industrial Average (.DJI.US)$ falling 0.77% to 42,992.21.
This was the stock's second consecutive day of losses.
Nvidia closed $15.88 short of its 52-week high ($152.89), which the company achieved on November 21st.
Trading volume (169.4 M) remained 46.0 million below its 50-day average volume of 215.5 M.
Options Market Statistics: Tesla Stock Falls on Friday; Investors Closely Focus on Tesla's Fourth-Quarter Deliveries, Options Pop
2. Shares of $Tesla (TSLA.US)$ fell 5%, closing at $431.66, the most traded puts are contracts of $430 strike price that expire on Dec 27. The total volume reaching 165,358 with the open interest of 11,932.
One Tesla specific-thing investors are starting to focus on in fourth quarter deliveries. Tesla will report quarterly numbers on Jan. 2. Analysts are anticipating around 510,000 units, slightly shy of the company's 515,000 target. The auto maker delivered 462,890 vehicles in the third quarter, up 6% from a year prior.
Options Market Statistics: Tesla Stock Falls on Friday; Investors Closely Focus on Tesla's Fourth-Quarter Deliveries, Options Pop
Options Market Statistics: Tesla Stock Falls on Friday; Investors Closely Focus on Tesla's Fourth-Quarter Deliveries, Options Pop
Unusual Stock Options Activity
There was a noteworthy activity in $Nikola (NKLA.US)$, with $1 calls topping the highest volume to open interest ranking. The highest volume over open interest ratio reaches 144.0x with 35,285 contracts.
Options Market Statistics: Tesla Stock Falls on Friday; Investors Closely Focus on Tesla's Fourth-Quarter Deliveries, Options Pop
Daily Active Index & Sector ETF Options
Options Market Statistics: Tesla Stock Falls on Friday; Investors Closely Focus on Tesla's Fourth-Quarter Deliveries, Options Pop
Source: Barchart, Unusual Whales, The Guardian, Bloomberg, MarketWatch
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