Bullish traders were largely responsible for the flood of trading volume Tesla's options experienced Tuesday, though the most popular contract targeted a post-earnings move slightly smaller than the 6% predicted by the market as a whole..
The 1,050s, for example, saw nearly 30,000 trade at a price of $20 per contract," said Khouw."Buyers of those calls are risking a little under 2% of the current stock price to make a bullish bet that the stock is going to be up about 4.3% by the end of the week."
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