Options Market Statistics: Tesla Sees Biggest Market Value Drop After Musk-Trump Spat


$Tesla Motors(TSLA)$   had active options trading, with a total trading volume of 7.34M options for the day, and the put-call ratio is 1.21.

Tesla's stock dropped 14% on Thursday after Donald Trump said he might cancel government deals with Elon Musk's companies. This added to their ongoing argument over a government spending bill. 

As a result, Tesla lost $152 billion in value — its biggest one-day loss ever — and its total worth fell below $1 trillion, ending the day at $916 billion.

There was a noteworthy activity in $Tesla Motors(TSLA)$  , with $302.5 calls topping the highest volume to open interest ranking. The highest volume over open interest ratio reaches 314.3x with 40,857 contracts.


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