Call Traders Unfazed by Tesla Stock Struggles

Group 1 - Tesla Inc (NASDAQ:TSLA) is currently trading at $288.42, down 1.5%, influenced by overall market weakness despite being reinstated as a "top pick" by Morgan Stanley in the U.S. auto sector [1] - Since reaching a record high of $488.54 on December 18, Tesla's stock has decreased by 41%, although it remains 42% higher year-over-year and is currently testing its 1,000-day moving average [2] - Tesla has seen significant activity among options traders, ranking as the second-most active security with over 14 million calls and over 12 million puts exchanged in the past 10 days [3][4] Group 2 - The most popular option during this period was the weekly 2/28 290-call, followed closely by the February 350 put [3] - Tesla's options trading has historically outperformed traders' volatility expectations, reflected in a Schaeffer's Volatility Scorecard (SVS) rating of 82 out of 100 [4]