BB - Wall Street Breakfast: Tesla Makes Grand Entrance Into S&P 500

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Tesla makes grand entrance into S&P 500Index funds tracking the S&P 500 have a small window today to buy nearly $80B worth of Tesla (TSLA) stock as the EV maker gears up to join the widely tracked stock index. It's going to be a wild scene for investors in the minutes before Friday's close, and traders are also watching how the giant addition will ripple through the derivatives market, with big swings influencing options pricing. Adding to the volatility: Tesla is easily the most traded stock on Wall Street, and has surged 50% since November (when its S&P debut was announced) and almost 700% year to date. Helping to smooth out the addition: Quadruple witching, which refers to the day that options and futures on both

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Wall Street Breakfast: Tesla Makes Grand Entrance Into S&P 500