TSLA Options History — May 2012

In May 2012, TSLA traded between $1.84 and $2.26. ATM implied volatility averaged 61.1%, placing in the 47.4% IV rank vs the trailing year. The 30-day expected move averaged 17.0%. IV traded above realized volatility by 6.2% (HV 20d: 54.9%). Max pain ranged from $2.07 to $2.20. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.68.

Notable Days

  • 2012-05-10: Highest Volume — 397,005 contracts
  • 2012-05-10: Largest IV drop — 33.3% change
  • 2012-05-09: Highest IV Rank — 84.6%
  • 2012-05-31: Largest Expected Move — 19.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.05$1.84$2.26$2.25$1.97
Max Pain$2.12$2.07$2.20$2.20$2.07
ATM IV61.1%50.9%79.3%50.9%66.2%
Expected Move17.0%14.6%19.0%14.6%19.0%
HV 20d54.9%34.7%70.0%46.1%70.0%
HV 60d47.8%41.2%54.1%41.4%54.1%
IV Rank47.4%26.5%84.6%26.5%57.7%
IV Percentile77.9%37.7%98.8%37.7%92.1%
Term Structure-1.1%-7.5%3.7%-0.5%-2.7%
VWIV59.3%50.3%65.2%50.3%64.5%
Skew 25d9.3%5.8%11.4%8.7%8.9%
Skew 10d18.5%12.6%23.5%18.5%15.3%
Call IV 25d55.5%48.1%61.5%48.1%61.5%
Put IV 25d64.8%56.3%71.2%56.8%70.4%
Bid-Ask Spread %32.0516.3251.0644.9516.32
Gamma HHI0.100.080.150.140.09
Net GEX835.1K-334.0K2.4M1.3M461.5K
Net DEX-9.3M-54.2M38.7M-40.8M1.1M
Net VEX-637.7K-701.4K-582.6K-638.0K-633.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.111.820.150.21
Total Volume81,460.22715,930397,00531,68047,010
Total OI1,751,859.5451,511,3852,001,3901,511,3851,837,740

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-05-01$2.25$2.2050.9%14.6%46.1%26.5%50.3%8.7%-0.5%1.3M-40.8M-638.0K0.1544.95N/AN/A27,5704,110870,825640,560
2012-05-02$2.26$2.2051.6%14.8%43.5%28.1%51.3%6.8%-1.4%1.4M-40.3M-642.3K0.3345.34N/AN/A31,08010,275873,120641,700
2012-05-03$2.16$2.2056.8%16.3%36.0%38.6%60.9%7.2%-3.9%1.1M-24.7M-617.9K0.1851.06N/AN/A38,7456,900886,905640,995
2012-05-04$2.12$2.1359.4%15.3%36.3%44.0%57.0%10.8%0.3%1.1M-18.7M-602.2K0.3546.78N/AN/A41,73014,445912,195644,730
2012-05-07$2.16$2.1361.7%15.6%34.7%48.6%53.7%9.8%-1.2%1.5M-29.3M-616.1K1.7145.32N/AN/A9,84016,860949,245651,795
2012-05-08$2.01$2.1376.6%17.7%42.6%79.1%62.5%9.6%-4.8%893.5K-5.7M-584.1K0.5633.65N/AN/A125,94070,905954,405663,000
2012-05-09$2.00$2.1379.3%18.8%41.7%84.6%64.2%10.1%-7.5%929.3K-6.7M-607.1K0.5333.70N/AN/A132,61570,8901,007,685700,950
2012-05-10$2.20$2.1352.9%15.2%54.0%30.6%52.6%9.7%3.7%2.4M-54.2M-663.3K0.3330.82N/AN/A299,05597,9501,097,370744,285
2012-05-11$2.15$2.1354.2%15.5%54.4%33.4%55.3%10.0%1.8%2.0M-35.6M-701.4K1.3531.78N/AN/A11,52015,5851,140,300781,095
2012-05-14$2.00$2.1360.4%17.3%58.1%45.9%58.3%11.4%-0.9%801.7K2.8M-626.5K1.8231.62N/AN/A74,820136,1851,106,055781,485
2012-05-15$1.96$2.1361.1%17.5%58.4%47.4%59.1%9.9%0.2%356.0K17.5M-646.4K0.8129.29N/AN/A20,44516,5451,145,220847,935
2012-05-16$1.95$2.1360.5%17.3%58.1%46.1%58.8%10.7%-1.2%375.2K20.1M-637.3K1.2231.76N/AN/A13,42516,4251,151,295842,430
2012-05-17$1.90$2.1362.1%17.8%57.8%49.5%60.5%10.7%-1.7%117.8K27.7M-620.1K0.9328.24N/AN/A18,12016,8601,154,130839,520
2012-05-18$1.84$2.1361.4%17.6%58.6%48.1%62.3%9.6%2.4%-334.0K38.7M-582.6K0.7730.58N/AN/A39,33030,3451,163,190838,200
2012-05-21$1.92$2.0761.3%17.6%60.4%47.8%59.6%9.8%-1.3%240.7K11.6M-606.1K0.2830.28N/AN/A35,2509,705931,185717,525
2012-05-22$2.05$2.0763.1%18.1%65.7%51.4%63.6%10.2%-1.7%623.6K-12.3M-671.5K1.2337.94N/AN/A36,09044,355947,355717,855
2012-05-23$2.07$2.0761.3%17.6%64.5%47.8%65.2%9.2%-0.9%631.4K-12.8M-679.3K1.0222.44N/AN/A7,8908,040962,160751,155
2012-05-24$2.02$2.0763.6%18.2%64.4%52.6%62.0%7.5%-1.9%534.3K-6.8M-667.7K0.2122.37N/AN/A25,5755,370965,265756,705
2012-05-25$1.99$2.0760.0%17.2%64.5%45.1%62.0%8.5%0.7%479.2K-2.0M-641.9K0.1119.14N/AN/A28,6653,180984,885759,720
2012-05-29$2.11$2.0756.4%16.2%68.7%37.8%57.9%5.8%1.4%929.8K-24.1M-681.5K0.3719.65N/AN/A39,04514,595995,295761,670
2012-05-30$2.03$2.0763.3%18.1%69.6%51.8%63.8%9.3%-2.0%700.7K-9.1M-662.4K0.5522.14N/AN/A50,86527,9751,010,535771,240
2012-05-31$1.97$2.0766.2%19.0%70.0%57.7%64.5%8.9%-2.7%461.5K1.1M-633.1K0.2116.32N/AN/A38,8058,2051,048,650789,090