Dan Nathan Sees Unusual Options Activity In Tesla

On CNBC's "Options Action", Dan Nathan spoke about unusual options activity in Tesla Inc TSLA. He said that the calls outnumbered puts 2 to 1 Tuesday.

During the session, Nathan noticed a purchase of 4,000 contracts of the January 330/345 call spread for $4. The trade breaks even at $334 or 5.27 percent above the closing price Tuesday.