Quick Note
This morning Tesla opened at $199.85. When looking at the Feb 17 options you’ll notice that the $200 Puts for today and the $205 Calls have massive volume already this morning.
Chance are those who bought the $200 Puts yesterday exited this morning near the open and flipped to the $205 Calls. This in turn will push #TESLA towards $205. How will the day end? Watch the volume Rate of Change between the to.
Live Loud!
Trent
Disclaimer
This is not advise or a recommendation.