Benzinga reported on unusual options activity involving Tesla Inc. (NASDAQ: TSLA) on October 2, 2026. The report details a significant put option sweep, which is a transaction involving multiple smaller trades aggregated into one large order.
The activity involved a put option with a strike price of $375.00. The contracts were set to expire on October 2, 2026. The total value of the transaction was $27,500, with a contract price of $275.00. To fill the order, the transaction was split into three separate trades.
Regarding volume, there were 3,584 open contracts at the $375.00 strike prior to the event. Following the sweep, a total of 27,413 contracts were bought and sold on that day.
