TSLA Options History — February 2013

In February 2013, TSLA traded between $2.29 and $2.63. ATM implied volatility averaged 49.3%, placing in the 34.4% IV rank vs the trailing year. The 30-day expected move averaged 14.6%. IV traded above realized volatility by 16.4% (HV 20d: 33.0%). Max pain ranged from $2.27 to $2.40. Net GEX was positive for 14 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.94.

Notable Days

2013-02-21: Highest Volume — 765,495 contracts
2013-02-21: Largest IV drop — 35.9% change
2013-02-11: Highest IV Rank — 62.4%
2013-02-11: Largest Expected Move — 17.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.49	$2.29	$2.63	$2.55	$2.32
Max Pain	$2.33	$2.27	$2.40	$2.27	$2.40
ATM IV	49.3%	35.1%	62.2%	44.8%	35.1%
Expected Move	14.6%	10.1%	17.8%	15.1%	10.1%
HV 20d	33.0%	22.3%	51.0%	22.9%	50.3%
HV 60d	30.3%	26.5%	36.9%	27.7%	36.4%
IV Rank	34.4%	3.1%	62.4%	24.5%	3.1%
IV Percentile	47.2%	2.0%	92.5%	30.2%	2.0%
Term Structure	-6.5%	-13.3%	1.0%	-9.5%	1.0%
VWIV	51.5%	35.3%	62.7%	53.6%	35.3%
Skew 25d	3.1%	0.6%	4.8%	1.1%	4.7%
Skew 10d	6.5%	1.3%	11.0%	4.3%	9.9%
Call IV 25d	50.5%	34.6%	61.1%	52.8%	34.6%
Put IV 25d	53.5%	39.3%	64.6%	53.9%	39.3%
Bid-Ask Spread %	18.56	9.37	27.72	23.04	9.37
Gamma HHI	0.16	0.10	0.29	0.18	0.10
Net GEX	2.0M	-2.6M	4.4M	3.5M	-742.2K
Net DEX	-83.1M	-161.1M	26.8M	-129.6M	26.8M
Net VEX	-962.4K	-1.2M	-722.5K	-742.1K	-1.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.94	0.12	3.23	0.63	0.95
Total Volume	237,322.105	65,250	765,495	65,250	197,265
Total OI	2,835,962.368	2,241,135	3,542,955	2,241,135	3,542,955

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2013-02-01	$2.55	$2.27	44.8%	15.1%	22.9%	24.5%	53.6%	1.1%	-9.5%	3.5M	-129.6M	-742.1K	0.63	23.04	N/A	N/A	40,080	25,170	1,221,015	1,020,120
2013-02-04	$2.52	$2.27	42.1%	14.8%	23.3%	18.5%	53.0%	0.6%	-8.1%	3.5M	-115.2M	-722.5K	1.59	25.82	N/A	N/A	47,325	75,270	1,229,970	1,029,600
2013-02-05	$2.54	$2.27	43.5%	14.9%	23.3%	21.6%	52.9%	2.1%	-7.5%	3.3M	-119.6M	-747.2K	1.57	27.67	N/A	N/A	54,900	86,235	1,251,855	1,085,625
2013-02-06	$2.61	$2.33	48.8%	15.5%	22.6%	33.2%	54.3%	3.4%	-8.6%	3.4M	-145.0M	-789.1K	0.23	20.74	N/A	N/A	215,250	48,975	1,280,070	1,163,205
2013-02-07	$2.63	$2.33	53.6%	15.4%	22.3%	43.7%	54.3%	3.5%	-8.6%	3.9M	-161.1M	-875.5K	0.33	24.01	N/A	N/A	62,745	20,625	1,410,780	1,190,250
2013-02-08	$2.62	$2.33	53.8%	15.4%	22.5%	44.2%	54.7%	3.6%	-10.7%	3.8M	-152.4M	-892.1K	0.53	19.23	N/A	N/A	108,900	57,585	1,421,160	1,200,165
2013-02-11	$2.56	$2.33	62.2%	17.8%	22.9%	62.4%	62.4%	3.4%	-11.8%	3.4M	-126.6M	-897.7K	0.71	27.72	N/A	N/A	286,515	204,840	1,460,670	1,222,080
2013-02-12	$2.53	$2.33	60.6%	17.4%	24.1%	59.1%	60.4%	1.9%	-9.1%	2.8M	-100.1M	-943.3K	0.44	24.63	N/A	N/A	133,410	59,145	1,540,455	1,365,000
2013-02-13	$2.56	$2.33	60.1%	17.2%	23.9%	58.0%	60.8%	2.5%	-9.5%	4.4M	-123.8M	-949.6K	0.74	26.22	N/A	N/A	62,880	46,695	1,577,220	1,373,895
2013-02-14	$2.55	$2.33	57.8%	16.6%	24.2%	53.0%	59.6%	2.5%	-7.7%	4.4M	-115.5M	-936.5K	0.69	16.67	N/A	N/A	73,200	50,790	1,555,350	1,375,965
2013-02-15	$2.47	$2.33	57.4%	16.4%	27.9%	52.0%	56.9%	2.6%	-7.7%	-2.6M	-64.0M	-913.8K	0.51	20.24	N/A	N/A	171,285	87,870	1,558,845	1,395,930
2013-02-19	$2.62	$2.33	62.1%	17.8%	34.0%	62.2%	62.7%	3.7%	-13.3%	2.0M	-118.1M	-983.3K	0.71	15.59	N/A	N/A	249,480	176,010	1,267,485	1,209,495
2013-02-20	$2.57	$2.33	61.4%	17.6%	34.8%	60.7%	62.1%	3.0%	-11.8%	2.4M	-118.6M	-1.1M	0.47	16.85	N/A	N/A	228,270	106,275	1,431,645	1,321,800
2013-02-21	$2.34	$2.33	39.4%	11.3%	48.1%	12.5%	39.7%	3.6%	0.4%	353.5K	-14.2M	-956.4K	1.72	14.07	N/A	N/A	280,965	484,530	1,502,160	1,387,425
2013-02-22	$2.41	$2.33	38.5%	11.0%	48.0%	10.5%	39.5%	3.2%	-0.7%	850.1K	-34.0M	-1.2M	1.62	10.64	N/A	N/A	47,730	77,400	1,516,860	1,687,290
2013-02-25	$2.29	$2.33	39.9%	11.4%	51.0%	13.7%	39.3%	4.8%	-0.2%	-471.2K	12.7M	-1.1M	0.12	10.00	N/A	N/A	274,110	33,135	1,525,350	1,729,770
2013-02-26	$2.30	$2.33	38.8%	11.1%	49.6%	11.4%	38.8%	4.5%	-0.3%	-468.1K	12.6M	-1.2M	1.01	10.00	N/A	N/A	116,670	118,005	1,607,010	1,739,865
2013-02-27	$2.34	$2.40	37.9%	10.9%	50.4%	9.3%	38.2%	3.9%	-0.8%	-111.7K	7.2M	-1.2M	3.23	10.17	N/A	N/A	23,550	76,035	1,669,815	1,815,135
2013-02-28	$2.32	$2.40	35.1%	10.1%	50.3%	3.1%	35.3%	4.7%	1.0%	-742.2K	26.8M	-1.2M	0.95	9.37	N/A	N/A	101,190	96,075	1,676,565	1,866,390