Tesla call options soar on Musk tweet, short-sellers hit

Tesla call options soar on Musk tweet, short-sellers hit

6 years ago
Anonymous $oIHRkISgaL

https://www.reuters.com/article/us-tesla-musk-stock-options/tesla-call-options-soar-on-musk-tweet-short-sellers-hit-idUSKBN1KS23A

Some nimble traders in Tesla Inc's options made massive paper profits on Tuesday, while short-sellers were hit with about $1.3 billion in paper losses after Tesla Chief Executive Elon Musk tweeted he was considering taking the company private at $420 a share.