It’s the biggest week for Tesla — and shares of the stock — this year with Thursday’s Cybertruck launch, so of course we saw some call buying in the king of EV-makers!
Production has been delayed several times since it was announced back in 2019, but 10 trucks will be delivered on Thursday at the event.
Tesla has been building the Cybertruck at its Texas gigafactory, and a big-money trader dropped about $170K in premium on the weekly (Dec. 1) expiration, $240 strike calls to get the ball rolling ahead of the event!
So this trader’s looking for Tesla to be over $240 a share (it was around $238 at 1 p.m. ET on Monday) by Friday’s expiration, up to about $243.50 including the $3.50 they paid per contract.
But that’s not all that caught my attention Monday…
We also saw calls in Vodafone and Marathon, so check out the video up top for all the details!
Monday’s Top Order Flow:
- Marathon Digital Holdings Inc. (Nasdaq: MARA): Jan. 5 expiration, $12.50 strike CALL — $350K in premium.
- Tesla Inc. (Nasdaq: TSLA): Dec. 1 expiration, $240 strike CALL — $170K in premium.
- Vodafone Group PLC (Nasdaq: VOD): April monthly, $10 strike CALL — $122K in premium.
Note: If no date is listed after the month, it’s the monthly expiration (third Friday).
Lance Ippolito Trading Team
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And in his private Telegram channel: https://t.me/+-gVwEIwGJhplMTgx
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
Given the fact that Tesla is trading around $235 today…
It seems far-fetched, but…
A number of institutions have price targets upward of $500 on shares of Tesla by 2025.
That’s well over a 100% gain from today’s price.
But based on a brand-new discovery…
We can target that SAME 100% return each Thursday afternoon…
That’s because hidden inside shares of Tesla is a unique weekly opportunity…
And it’s allowing folks like us to target gains of 100% or in six days or less.
And this week, I’m going to teach you how to go after those same returns on a weekly basis at 1 p.m. ET on Thursday, Nov. 30.
So if you have 2 minutes, follow the link below and I’ll share the details with you…
I’ll also give you access to my “Tesla Investor Guide,” 100% free of charge!