Options Update: Tesla Motors Calls Active as Shares Rally on Analyst Upgrade

Filed under: Bed Bath and Beyond (BBBY), Options

Tesla Motors (TSLA) has rallied 16%, following an upgrade to Overweight from Equal Weight at Morgan Stanley. April 29 and 30 calls are active. April call option implied volatility is at 61, June is at 63; above its 26-week average of 52 according to Track Data, suggesting larger price movement.



Bed Bath & Beyond (BBBY) April 50 calls are active on 4,800 contracts with option implied volatility at 37; its 26-week average of 31 according to Track Data, suggesting larger price movement into Q4 results expected to be released on April 6.



Update is by Stock Specialist Paul Foster of theflyonthewall.com

Options Update: Tesla Motors Calls Active as Shares Rally on Analyst Upgrade originally appeared on BloggingStocks on Thu, 31 Mar 2011 17:00:00 EST. Please see our terms for use of feeds.

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