let's stick with EVS here Tesla falling again today as the company announces price cuts to the model S and model X in China the move comes after the company cut the price of the three and the Y often Traders are betting there could be even more declines for the stock Kelly intelligence CEO Kevin Kelly joins us now with the actions Kevin hi Melissa well today we saw 1.06 times the amount of puts traded versus calls and that got stronger throughout the day now we're heading into an options expiration on Friday and we actually saw the largest contracts traded today where the at the money puts and so you saw 108 over 118 000 puts traded for the 225 dollar strike that expires this Friday and they were trading at the end of the day at three dollars