Investors Drive Unusual Tesla Options Activity

Benzinga reported today that public options records showed 691 extraordinary Tesla (TSLA) options trades, with 485 calls totaling $34,120,479 and 206 puts totaling $16,047,289. Activity skewed 48% bullish versus 39% bearish, and Benzinga flagged concentrated liquidity across strikes from $5 to $950. TSLA traded up 4.23% at $421.64, with an anticipated earnings release in seven days.