Tesla (TSLA) Options Signal Bullish Momentum: Key Strikes and Trade Setups for Dec 5, 2025

• TSLA trades at $454.07, down 0.1% from previous close, with intraday range between $451.66 and $458.87

• Call open interest dominates at $460–$480 strikes, while puts cluster below $330

• Block trades show large call buying ahead of FSD regulatory updates in Feb 2026

Here’s what the options market and technicals are telling us: TSLA is perched on a short-term bullish edge, but overbought momentum and looming European competition could create a volatile tightrope. Let’s break it down.

Bullish Call Dominance and Whale Moves

The options chain screams bullishness at first glance. For this Friday’s expiration, TSLA20251205C460 and TSLA20251205C470 options lead with 33,733 and 23,025 open contracts respectively. These strikes form a ‘call wall’ just below the 20-day Bollinger Band upper bound at $460.33. Meanwhile, put open interest is concentrated at extreme downside levels ($130–$350), suggesting panic selling isn’t in play—yet.

Block trades add intrigue. A $3.8M call block on TSLA20250919C380 and $1.4M on TSLA20250919C400 hint at institutional positioning for a mid-December rebound. But watch the $458.87 intraday high—failure to hold here could trigger profit-taking from those 460/470 calls.

News That Could Tip the Scales

Tesla’s European gambit—cheaper Standard models priced at €36k–€40k—has legs. The move directly counters BYD’s 207% sales surge in the region. But here’s the catch: while Q3 revenue beat estimates at $28.1B, GAAP EPS missed badly. Analysts are split between viewing TSLA as an AI juggernaut (Baird’s $548 target) or a stretched EV story (average price target of $398.92). Consumer Reports’ recent 10th-place ranking boost adds retail credibility, but don’t ignore that 5-year-old Model 3s scored below average.

Actionable Trade Setups

For options traders: TSLA20251212C470 (next Friday’s $470 call) offers leverage if the stock breaks above $458.87. With 8,742 open contracts, this strike balances risk/reward—upside to $480+ with a breakeven near $461.50. A bearish counter is the TSLA20251212P430 put spread ($454–$430) for hedging, given RSI’s 77.5 reading.

Stock buyers: Target entry near $452 (intraday low support) with a stop below $450. First resistance at $458.87, then $460.33 (Bollinger Band). If the stock holds above $450, consider a 5% trailing stop to lock in gains.

Volatility on the Horizon: Navigating TSLA’s Path Forward

Tesla’s next 30 days are a tightrope walk. The options market is pricing in a 12–15% move by December 12, but European sales data in January and FSD regulatory updates in February could be wildcards. For now, the call-heavy open interest and institutional block trades suggest a bias toward $470+—but don’t ignore the 30D support at $429.73. This is a stock that rewards patience but punishes complacency.