Tesla stock options priced for smaller than usual move after earnings

📆 18.10.2023 18:47:00
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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.

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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.
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