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Tesla's Biggest Options Bets Are Lottery-Ticket Trades

Tesla's Biggest Options Bets Are Lottery-Ticket Trades

Only the S 500 generates more interest than [betting on shares of Tesla](https://www.wsj.com/articles/tesla-has-become-one-of-the-hottest-stock-option-trades-on-wall-street-11674777247) in the options market. Even after the shares' 11% [post-earnings bounce](https://www.wsj.com/articles/tesla-tsla-q4-earnings-report-2022-11674617368) on Thursday, many of the largest wagers are still far from paying off. + The most popular contract is for Tesla shares to hit $825 within 12 months, doubling their