TSLA Dec 2023 370.000 put
| Previous close | 162.30 |
| Open | 163.00 |
| Bid | 132.00 |
| Ask | 135.90 |
| Strike | 370.00 |
| Expiry date | 2023-12-15 |
| Day's range | 161.90 - 163.10 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Yahoo Finance Video
Why the Tesla Cybertruck has 'missed the moment'
Tesla's Cybertruck (TSLA) is set to launch Thursday afternoon at its Gigafactory in Austin, Texas. While some investors are hyped for the release, there are those who feel that this isn't the big moment the company and investors were hoping for. Andrew Hawkins, The Verge Transportation Editor and Tom Narayan, Lead Equity Analyst, Global Autos for RBC Capital Markets, join Yahoo Finance to discuss their thoughts on the launch and what it means for the company and investors alike. Narayan describes the vehicle as a "halo car," designed to lure shoppers that Tesla can sell its other vehicles to. Hawkins explains his feelings: "When it [the Cybertuck] was first announced in 2019, there were no electric trucks on the market at that time. So if Tesla had actually released the truck and started delivering it to customers soon after that event, they really could've captured this market but now we've seen there's the F150 Lightning (F), Rivian R1T (RIVN), there's a Hummer truck (GM), and there's more coming out... So I think there is an argument to be made that Tesla kind of missed the moment here." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
The TelegraphOil price falls after Saudi-led cartel surprises market
The price of crude oil fell after a cartel of oil-producing nations led by Saudi Arabia surprised the market by issuing a statement that failed to include an expected pledge to cut production by another million barrels per day.
- Reuters
GraniteShares plans to boost leverage levels on US single-stock ETFs
GraniteShares plans to increase the amount of leverage on most of its single-stock exchange-traded funds (ETFs) to 200%, allowing investors to make bigger bets on daily movements in a handful of widely traded stocks, a Thursday filing with the Securities and Exchange Commission showed. In the filing, GraniteShares said the move, which will include leverage boosts of 0.25 to 0.50 percentage points on ETFs targeting particularly volatile stocks like Tesla and Nvidia, will become effective January 22, 2024. The ETFs currently feature leverage levels ranging from 1.25x to 1.75x, meaning that the issuer has structured the funds to deliver between 125% and 175% of the daily underlying share price move in stocks like Tesla, Meta and Coinbase.
