A dizzying rally in Tesla Inc.’s shares has unleashed a burst of options activity tied to the stock jumping even higher. Tesla recently said it would enact a 5-for-1 stock split, making its wildly popular stock even more accessible to individual investors. So far, though, access to Tesla stock doesn’t appear to be a problem. Tesla shares have more than quintupled this year and closed at $2238.75 Thursday, a record. Mr. DeSimone analyzed Tesla options that are out-of-the-money, or far from the current stock levels.

Source: Wall Street Journal August 28, 2020 09:32 UTC