There was a plethora of PUT SELLING on
TSLA
yesterday and the sellers must not be happy today. OUCH Most of the contracts were at least 6 months plus so they have time unless #Tesla stock gets put to them.
Weekly shows selling for last few weeks & the downtrend stopping all advances.
(not shown here, pls see profile for more info)
Daily, it's @ 2nd most oversold & the 1st was last year. It was not the norm until last year for Tesla to get this oversold.
TSLA
yesterday and the sellers must not be happy today. OUCH Most of the contracts were at least 6 months plus so they have time unless #Tesla stock gets put to them. Weekly shows selling for last few weeks & the downtrend stopping all advances.
(not shown here, pls see profile for more info)
Daily, it's @ 2nd most oversold & the 1st was last year. It was not the norm until last year for Tesla to get this oversold.