TSLA Options History — March 2011

In March 2011, TSLA traded between $1.48 and $1.85. ATM implied volatility averaged 56.0%, placing in the 25.2% IV rank vs the trailing year. The 30-day expected move averaged 16.2%. IV traded above realized volatility by 12.6% (HV 20d: 43.3%). Max pain ranged from $1.53 to $1.67. Net GEX was positive for 19 of 23 trading days. Term structure was in contango for 21 of 23 days. Put/call ratio averaged 0.89.

Notable Days

  • 2011-03-31: Highest Volume — 598,185 contracts
  • 2011-03-07: Largest IV spike — 19.0% change
  • 2011-03-17: Highest IV Rank — 33.8%
  • 2011-03-17: Largest Expected Move — 18.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.58$1.48$1.85$1.60$1.85
Max Pain$1.61$1.53$1.67$1.60$1.53
ATM IV56.0%48.2%62.8%51.2%62.5%
Expected Move16.2%14.1%18.0%14.7%17.9%
HV 20d43.3%24.0%62.4%54.9%62.4%
HV 60d56.6%44.5%63.2%63.2%55.6%
IV Rank25.2%15.6%33.8%19.3%33.3%
IV Percentile39.4%14.5%69.1%23.3%67.6%
Term Structure2.5%-2.3%5.7%3.0%2.4%
VWIV56.0%48.9%65.6%52.8%63.0%
Skew 25d6.0%1.8%10.7%3.6%2.8%
Skew 10d15.2%5.5%41.2%8.5%8.3%
Call IV 25d53.3%45.8%63.0%50.6%63.0%
Put IV 25d59.3%51.4%67.9%54.1%65.8%
Bid-Ask Spread %30.2317.0562.7559.2819.64
Gamma HHI0.250.090.890.240.13
Net GEX55.6K-3.6M656.3K342.8K382.9K
Net DEX-4.5M-31.1M13.9M-5.0M-31.1M
Net VEX-131.1K-161.4K-119.8K-125.5K-161.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.109.040.490.40
Total Volume69,823.0436,300598,18512,645598,185
Total OI724,713.261396,930995,235808,275539,145

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2011-03-01$1.60$1.6051.2%14.7%54.9%19.3%52.8%3.6%3.0%342.8K-5.0M-125.5K0.4959.28N/AN/A8,5054,140467,805340,470
2011-03-02$1.60$1.6050.2%14.4%54.8%18.1%50.3%1.8%4.9%304.4K-5.1M-122.1K0.1357.06N/AN/A29,5803,705461,385342,405
2011-03-03$1.62$1.6049.1%14.1%55.1%16.7%48.9%4.0%5.7%390.8K-8.1M-122.3K0.1862.75N/AN/A20,9553,675474,690344,235
2011-03-04$1.66$1.6748.2%15.3%55.4%15.6%53.3%6.0%4.3%478.9K-13.0M-119.8K0.9330.12N/AN/A38,28035,655471,015346,185
2011-03-07$1.66$1.6757.4%16.4%55.3%27.0%55.9%4.3%2.5%477.1K-13.4M-135.3K0.4830.59N/AN/A52,35025,215486,465362,745
2011-03-08$1.64$1.6752.5%15.9%55.1%20.9%54.2%6.3%4.1%604.1K-13.3M-136.4K1.9423.40N/AN/A13,33525,905522,060360,585
2011-03-09$1.65$1.6750.2%15.6%50.9%18.1%55.1%6.3%4.7%656.3K-14.5M-138.6K0.7027.78N/AN/A11,1157,770529,485361,905
2011-03-10$1.60$1.6756.2%16.1%48.1%25.6%55.4%5.2%3.4%544.3K-7.4M-134.1K0.2627.93N/AN/A14,9853,840528,435362,070
2011-03-11$1.60$1.6756.9%16.3%48.1%26.4%56.2%4.3%0.9%638.2K-9.3M-130.9K0.4129.30N/AN/A4,4551,845535,620360,345
2011-03-14$1.55$1.6760.3%17.3%49.8%30.6%60.1%6.0%2.2%302.2K-140.7K-122.6K9.0427.06N/AN/A9,00081,315535,590361,275
2011-03-15$1.53$1.6761.3%17.6%49.9%31.8%60.7%6.7%-1.3%-133.7K9.0M-120.1K1.2130.68N/AN/A31,47038,085535,050411,300
2011-03-16$1.52$1.6761.4%17.6%49.8%31.9%61.4%7.2%3.0%-417.8K11.8M-131.7K0.9223.88N/AN/A96,82589,340548,160427,755
2011-03-17$1.52$1.6762.8%18.0%40.0%33.8%65.6%10.7%0.8%-1.0M13.9M-127.2K0.1027.14N/AN/A33,4503,495560,520421,395
2011-03-18$1.53$1.6062.4%17.9%36.8%33.2%63.0%8.7%0.4%-3.6M12.2M-126.9K0.8825.67N/AN/A20,68518,210576,285418,950
2011-03-21$1.52$1.6058.9%16.9%36.5%28.8%58.4%9.3%1.2%61.0K-486.1K-121.6K0.3120.73N/AN/A18,0905,670217,275179,655
2011-03-22$1.48$1.6057.9%16.6%30.9%27.6%58.0%7.5%2.2%67.8K713.6K-121.6K0.3220.47N/AN/A28,1859,045230,595183,525
2011-03-23$1.48$1.6056.9%16.3%30.9%26.3%54.3%6.2%1.6%94.6K-672.0K-129.0K0.3918.91N/AN/A19,0957,410256,965190,710
2011-03-24$1.49$1.5355.0%15.8%28.8%24.0%52.8%7.4%2.9%115.6K-1.5M-131.1K0.3017.05N/AN/A13,0203,900263,895193,275
2011-03-25$1.52$1.5350.0%14.3%24.0%17.9%49.3%7.5%4.6%152.3K-3.3M-132.8K0.4020.49N/AN/A8,4753,420267,645194,955
2011-03-28$1.55$1.5358.6%16.8%25.0%28.5%54.1%6.1%-2.3%186.4K-5.7M-137.4K0.1836.72N/AN/A60,40510,605275,040196,755
2011-03-29$1.59$1.5350.5%14.5%27.1%18.5%51.6%7.5%5.4%299.1K-9.5M-142.9K0.3124.78N/AN/A25,9808,070303,270205,110
2011-03-30$1.58$1.5356.8%16.3%27.3%26.2%53.4%2.4%0.6%306.1K-8.8M-144.5K0.3033.85N/AN/A45,69013,500308,595207,810
2011-03-31$1.85$1.5362.5%17.9%62.4%33.3%63.0%2.8%2.4%382.9K-31.1M-161.4K0.4019.64N/AN/A426,510171,675322,350216,795