i mean tesla is obviously a huge company very successful company and its share price has gone through the roof but what is really unprecedented about it is just the scale and the activity in the options tesla options uh we're talking NUMBER_TOKEN billion dollars worth of nominal options trading a day that is twice as much as amazon and almost twice as much as the rest of the s p NUMBER_TOKEN complex combined so it's just staggering right there have been days where more tesla options have traded than everything else combined and that's unprecedented hey i'm stephen and this is solving the money problem if you're new welcome if you're not welcome back so in today's video i'm reacting to a fascinating new article about the tesla financial complex in short how tesla stock and tesla options are dominating and influencing the wider financial markets first i'll be reacting to some comments from the article's author on cnbs and then we'll read through the article in detail and i'll share my thoughts and comments along the way but first let's see what happened to tesla stock today unsurprisingly another very volatile day for tesla stock today closing at and NUMBER_TOKEN dollars per share with a range between eleven hundred and eighty dollars and one thousand and sixty two dollars about a ten percent variation throughout the day in case you haven't noticed by now tesla stock is really boring and that's kind of the theme of today's video so let's get into it if you love crypto stocks and free stuff or just want to help out the channel check out these great offers blockfire launching the world's first bitcoin rewards credit card people in the us can earn NUMBER_TOKEN bitcoin back on every purchase with no annual fee using the blockfly bitcoin rewards credit card check out the link in the description and for a limited time you can get up to NUMBER_TOKEN in crypto bonuses when funding a new account on blockfly where you can use cryptocurrency to earn interest borrow cash and buy or sell crypto if you want your free crypto use the link in the description and if you'd like up to two free stocks check out the link in the description to weeble if you open a new account you'll get one free stock valued up to NUMBER_TOKEN just for opening an account and if you make an initial deposit of five dollars or more you'll get a second free stock valued up to two thousand dollars seriously free stocks yes please and finally if you're in australia the uk or new zealand you can get a free stock mistake also linked in the description thanks so much for your support guys let's get back to it i've been great piece got a lot of attention this morning you talk about its share of the options market uh its share of hedge fund trading retail fascination what what of those metrics do you think is the most interesting i think it's hard to look past the options side i mean tesla is obviously a huge company very successful company and its share price has gone through the roof but what is really unprecedented about it is just the scale and the activity in the options tesla options uh we're talking NUMBER_TOKEN billion dollars worth of nominal options trading a day that is actually insane a quarter of a trillion dollars of nominal options activity in tesla stock alone every day this is bananas tesla's market cap is about one trillion dollars so roughly one quarter
START_SPONSOR_TOKEN it if you love crypto stocks and free stuff or just want to help out the channel check out these great offers blockfire launching the world's first bitcoin rewards credit card people in the us can earn NUMBER_TOKEN bitcoin back on every purchase with no annual fee using the blockfly bitcoin rewards credit card check out the link in the description and for a limited time you can get up to NUMBER_TOKEN in crypto bonuses when funding a new account on blockfly where you can use cryptocurrency to earn interest borrow cash and buy or sell crypto if you want your free crypto use the link in the description and if you'd like up to two free stocks check out the link in the description to weeble if you open a new account you'll get one free stock valued up to NUMBER_TOKEN just for opening an account and if you make an initial deposit of five dollars or more you'll get a second free stock valued up to two thousand dollars seriously free stocks yes please and finally if you're in australia the uk or new zealand you can get a free stock mistake also linked in the description thanks so much for your support guys let's get back to it i've been END_SPONSOR_TOKEN