A Hard-Fielding Tesla $200 Put Option

Figure 1. With put options steadily realizing returns in the $200 range, Tesla’s stock is being driven above $200.

The amount of put options in the $220 range is consistently high,

1.05k (A.M.) —> 1.54k continues to defend Tesla from falling.

However, the amount of call option $220 has decreased significantly.

939 —> 574

So, while what the options side can do will help keep the $200 from breaking, Tesla’s stock price going up requires good news elsewhere, not from the options.

Figure 2. In terms of supply and demand status, Tesla (consumer discretion) needs more time because it is in the lagging with the worst supply and demand.