According to The Stock Sniper (@Ultra_Calls), a notable options trader has initiated a bearish position in Tesla (TSLA) by purchasing June 6 $352.5 puts at an average price of $7.09, planning to manage risk with a tight stop. This move reflects tactical bearish sentiment on TSLA for the near term, potentially signaling caution for tech-heavy indices and correlated crypto assets. Traders should monitor TSLA price action and broader tech sector moves, as sharp declines in major stocks like Tesla often influence short-term sentiment in the cryptocurrency market. (Source: @Ultra_Calls on Twitter, May 30, 2025)