Options traders bet on big post-earnings gains for Tesla


Options traders are making a ton of noise in Tesla‘s stock as the company gears up to report earnings after the bell Wednesday.

The electric vehicle manufacturer headed up by Elon Musk — who continues to make a lot of noise himself — has struggled so far this year, but the options market is betting that Tesla could be back in positive territory for 2022 by the end of this week.

“[Tesla] was the fourth-busiest [single stock option] in contract terms today and the busiest in notional terms. Right now, the options market is implying a move of about 6% by the end of the week,” Optimize Advisors CIO Michael Khouw said Tuesday on CNBC’s “Fast Money.”

Bullish traders were largely responsible…


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