Tesla stock options priced for smaller than usual move after earnings

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Tomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter @TomiKilgore.

Traders in Tesla Inc.

stock options are prepared for less volatility than usual following the release of the electric vehicle maker’s third-quarter results after Wednesday’s closing bell. An options strategy known as a straddle, which is a bet on volatility that involves buying both bearish and bullish option with strike prices at current levels, is priced for the stock to move $13.66 in either direction on Thursday, according to data provided by Matt Amberson, principal at Option Research & Technology Services.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Prologis earnings fall but beat expectations, while occupancy declinesTomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter TomiKilgore.
Source: MarketWatch - 🏆 3. / 97 Read more »