Some of the world’s largest tech companies, with a combined market value of over $9 trillion, are set to report earnings this week but these behemoths are being overshadowed by Tesla Inc. in the options market.
Tesla, despite reporting earnings on Oct. 20, accounted for eight of the top nine most-traded single stock options on Monday. Tesla $1,000 calls for expiration Friday topped the list with over 210,000 contracts traded as of 2:00 p.m. New York time. The bullish interest comes as the electric-vehicle maker’s market-cap eclipsed the $1 trillion mark on the heels of a 100,000 unit order from car-rental company Hertz Global Holdings Inc.
"Market" - Google News
October 26, 2021 at 01:08AM
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Tesla Is Towering Over Megacap Tech in the Options Market - Bloomberg
"Market" - Google News
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