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Today, a large volume of out-of-the-money (OTM) call options in Tesla, Inc. (TSLA) highlights the underlying value of TSLA stock. We recently wrote in a Barchart article that TSLA could be worth over $501 per share. Investors are buying large amounts of one-month $480.00 strike price calls.
TSLA is trading at $447.00 in morning trading on Wednesday, Nov. 5. This is down from its recent peak of $468.37 on Nov. 3, following Tesla's Oct. 22 Q3 shareholder deck release.