How to Buy Tesla Options in Australia?

If you’re looking into how to buy Tesla options in Australia, you’re tapping into a very active corner of the markets. Interest in “Tesla options” has surged internationally — open interest and unusual trade activity around TSLA options have spiked, with large volumes of both calls and puts flagged in the US market.

In Australia, as global momentum for TSLA builds and local brokers expand access, traders are increasingly focused on how to structure these contracts from Down Under. This article will guide you through the latest trading trends, market hotspots and the steps on how to buy Tesla options.

Why Trade Tesla Options Now?

Tesla options have been drawing notable attention from traders lately, with activity clustered around near-term expiries and bullish positioning that suggests investors are betting on continued upside for TSLA. This trend is visible in spikes in options volume when Tesla stock makes fresh moves, and a higher concentration of call contracts at strike levels slightly above the current price, signaling market participants are positioning for upside while still managing risk around near-term catalysts. For Australian investors eyeing US markets, this may be considered as a favourable environment for traders who want to capture directional moves with defined risk via options instead of owning the shares outright.

Two key shifts underpinning current Tesla option dynamics are:

• (1) a surge in near-term call buying and aggressive implied volatility in the weeks following notable price advances.

• (2) elevated interest in strategies that can generate income or reduce initial capital outlay, such as selling premium on selectively chosen expiries or employing limited-risk spreads.

These elements collectively create a landscape where Tesla options can be used to speculate on continued momentum, while also offering hedging and income-generation possibilities for more cautious approaches.

Maximize Potential Returns with Limited Funds Using Tesla Options

Trading Tesla options lets you tap into one of the most talked-about U.S. stocks with a smaller capital outlay. Instead of tying up thousands buying shares, options give you leveraged exposure and the chance to amplify gains—even with modest movements in the stock price.

That means more flexibility in your portfolio while keeping risk defined.

Here’s a real example showing how Tesla options can deliver bigger gains with much smaller capital.

This table compares the potential returns of buying Tesla stock outright versus buying a Tesla call option. As shown, the call option requires significantly less capital (US$2,200 vs. US$46,055) yet delivers a much higher return on capital—230% versus 20%—if Tesla’s share price rises by 20%.

Hedging Risk with Tesla Options

If you already hold Tesla shares, buying put options can be an effective way to protect your portfolio from downside risk. A put option gives you the right — but not the obligation — to sell your Tesla shares at a predetermined price, acting as an “insurance policy” when markets turn volatile.

For example, suppose you hold 100 Tesla shares currently priced at US$460.55 each — a total investment of US$46,055. If Tesla’s stock price drops 20% to around US$368.44, your portfolio would lose about US$9,211.

However, if you purchased one Tesla put option with a strike price of US$460 and a premium of US$20 (US$2,000 total), that option could rise in value to roughly US$92.11 as the stock falls. In this case, your put option could offset about US$7,200 of your losses, cutting your net decline by more than half.

How to Trade Tesla Options in Australia?

Trading Tesla options in Australia is now easier than ever thanks to online platforms that provide access to U.S. markets. Whether you’re an experienced ASX trader or exploring U.S. options for the first time, understanding the process can help you trade with confidence and precision.

Here’s a step-by-step guide to get started:

Step 1: Open a brokerage account and activate your options trading permissions

To trade Tesla options, you’ll need a broker that offers access to U.S. exchanges such as NASDAQ, where Tesla (TSLA) is listed. Platforms like moomoo provide Australian investors with seamless access to the U.S. options market. After opening your account, you’ll need to apply for options trading permissions, which will determine whether providing options trading to you is appropriate under applicable regulatory requirements.

Step 2: Choosing a suitable options strategy for Tesla

Once your account is ready, the next step is selecting the right options strategy that matches your view on Tesla’s price movement. If you find complex options chains confusing, don't worry! Moomoo offers two powerful tools to guide you through this process:

Use strategy builder to help you choose the options strategy for Tesla

Moomoo offers a powerful options tool, called strategy builder. All you need to do is simply indicate whether you believe Tesla’s stock price will rise, fall, move sharply, or stay flat, and the strategy builder will automatically recommend the most suitable options strategies for that scenario.

Choose your target price and expiration date, click on your preferred options strategy, and you can start your trade!

Simply follow the moomoo’s options rankings for Tesla

Not sure whether Tesla’s stock price will rise, fall, or move sideways? Let the market show you the way. Moomoo’s Top Options Rankings for Tesla highlight the most actively traded Tesla option contracts in real time, ranked by trading volume so you can instantly see where other traders are placing their bets.

Each contract displays key metrics like volume, turnover, open interest change, implied volatility, and price, giving you a clear view of market sentiment and liquidity at a glance. Even if you’re new to options trading, this intuitive ranking helps you quickly spot trending Tesla contracts and understand how the crowd is positioning. And when you find a contract that fits your view, you can place your order with just one tap — right from the rankings list.

Step 3: Choose your options contract and place the order

• Strike price: Choose a strike price based on your analysis of where the stock will be at expiration.

• Bid and ask prices: Note the bid (highest price a buyer will pay) and ask (lowest price a seller will accept) prices. A narrow spread indicates good liquidity.

• Place order: Enter your desired number of contracts and execute the trade.

At this stage, you can use moomoo’s options profit & loss (P/L) chart to help you understand your potential returns and risks instantly. The interactive chart turns complex option calculations into an easy-to-read graph, so you can see exactly how your chosen strike price and expiry may impact your profit or loss.

All you need to do is simply drag the slider to adjust your expected stock price, and the P/L chart will update in real time to show how your strategy performs across different market scenarios.

Trade Tesla Options Smarter in Australia with Moomoo!

Moomoo is a modern, global online brokerage platform that gives Australian investors access to Australian (ASX), U.S., and Hong Kong markets — including shares, ETFs and U.S. options.

Backed by Futu Holdings (NASDAQ: FUTU), a Nasdaq-listed company supported by Tencent and ranked #2 on Fortune’s 100 Fastest-Growing Companies of 2022.

Your funds are safely held in segregated trust accounts with CBA and HSBC, so you can focus on trading while we keep your investments protected.

Save More with Moomoo's Low-cost Options Trading

Trade smarter and save more with moomoo’s low U.S. options fees, just US$0.5 per contract.

--> Fixed Plan at US$0.50 per contract (excluded other pass-through fees and FX costs).

Unlock Competitive Pricing for US & ASX Trading with moomoo!

*Fees only include commissions and platform fees, do not include other third-party fees.

**The cumulative No. of contracts per month is between 5-500, assuming each order is greater than 4 contracts.

***Pricing estimates are based on the assumption that the option premium is ≥ USD$0.10.

Data valid till May 12th, 2025.

Grow Your Options Skills with Moomoo

• Level up your options trading skills with moomoo’s free options courses. Explore beginner to advanced options strategies, learn at your own pace, and discover how to turn market insights into smarter trading decisions.

• Join moomoo’s Options Community to connect with real traders, share options strategies, and stay updated on the latest market trends.

Understanding Tesla (TSLA) Options Chain

Understanding Tesla’s options chain is important for trading confidently in U.S. markets. On moomoo, you can easily explore each component in real time:

• Strike Price: Choose the price at which you could buy (call) or sell (put) Tesla stock, matching your strategy and risk level.

• Expiration Date: Select short- or long-term options depending on how long you want to hold the position.

• Bid and Ask Prices: See real-time buy and sell prices to manage trading costs and execute efficiently.

• Volume & Open Interest: Identify highly traded contracts with strong liquidity for smoother entries and exits.

• Implied Volatility (IV): Gauge expected Tesla stock movement and adjust your trades to market sentiment.

Disclaimers: In Australia, financial services available on the moomoo app are provided by Moomoo Securities Australia Ltd trading as Moomoo AU, AFSL 224663. All investments carry risks. Historical data is not indicative of future performance. Options trading involves substantial risks and may not be suitable for all investors. Losses could potentially exceed your initial investment. Please consider our Financial Services Guide (FSG), US Options Product Disclosure Statement (PDS), US Options Target Market Determination (TMD) and other disclosures available on moomoo.com/au before trading with us.