Tesla puts with 84,000 contracts despite rally show: Smart Money hedges massively. VIX +6.92% confirms nervous market.
Tesla swung between $416 and $449 yesterday. Despite the wild rally: Put options with a 445 strike recorded a volume of over 84,000 contracts.
This shows: Smart Money is hedging. Volatility remains extreme, and those betting on further swings are exploiting this uncertainty.
The VIX rose 6.92% to 18.38 yesterday — a clear sign of nervous markets despite new S&P 500 highs.
A quick refresher on the terms that keep coming up in options stories like this one.
News mostly works through expected movement: when uncertainty rises, so does implied volatility and therefore premium – often regardless of direction.
No. Defined-risk strategies such as the iron condor or a covered call trade volatility and time value rather than an exact direction.
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Daniel Berg is an ordinary guy from a mid-sized German city. He spent over twenty years in sales at a mid-cap machinery company – finance was never his profession, it was his expensive lesson. In 2000 he put his first savings into Deutsche Telekom's "people's share", buying near €100 and watching it fall to €8. He burned more money on the Neuer Markt afterwards. Only in his mid-thirties did he start the boring, patient way – broad ETFs, patience, no hot tips. At BeInOptions, Daniel passes on exactly that lesson: no miracle returns, just plain-spoken education about options, risk and long-term investing. "I don't sell dreams. I explain the tools – and the mistakes I made myself."
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.