buying call option tesla motors tsla

TSLA Options on Yahoo Finance: A Quick Look

Yahoo Finance provides a robust platform to track and analyze Tesla (TSLA) options. Understanding how to use this tool can be valuable for both novice and experienced traders. First, navigate to the TSLA quote page on Yahoo Finance. Below the main price chart, you’ll find a tab labeled “Options.” Clicking this will reveal a list of available options contracts. This page displays a wealth of information organized by expiration date. Each expiration date listed represents a monthly (or sometimes weekly) options cycle. Selecting an expiration date updates the table to show all available call and put options for that specific date. The table itself is organized into columns representing various key metrics: * **Strike:** This is the price at which you can buy (for calls) or sell (for puts) the underlying stock if you exercise the option. * **Last Price:** The most recent price at which the option contract was traded. * **Change:** The difference between the last price and the previous day’s closing price. * **% Change:** The percentage change in the option’s price. * **Bid:** The highest price a buyer is willing to pay for the option contract. * **Ask:** The lowest price a seller is willing to accept for the option contract. * **Volume:** The total number of option contracts that have been traded today. Higher volume generally indicates greater liquidity. * **Open Interest:** The total number of outstanding option contracts that have not been exercised or closed. * **Implied Volatility (IV):** A measure of the market’s expectation of future price volatility for TSLA. Higher IV generally leads to higher option premiums. Clicking on an individual option contract expands it, providing more detailed information, including: * **Theoretical Price:** An estimated fair value for the option based on various models. * **Greeks:** Delta, Gamma, Theta, Vega, and Rho. These values provide insights into how the option’s price is likely to change based on various factors, such as changes in the underlying stock price, time decay, and volatility. Yahoo Finance also offers tools to visualize options chains. You can switch between views to display only calls, only puts, or both. The platform allows you to filter by moneyness (in-the-money, at-the-money, out-of-the-money) to quickly identify relevant options. Keep in mind that options trading involves significant risk. Using Yahoo Finance to analyze TSLA options is only one part of a comprehensive trading strategy. It’s crucial to conduct thorough research, understand the risks involved, and potentially consult with a financial advisor before making any investment decisions. Data displayed on Yahoo Finance is delayed and may not represent real-time market conditions. Always verify information with a professional trading platform before executing trades.

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