TSLA Options History — August 2013

In August 2013, TSLA traded between $8.95 and $11.27. ATM implied volatility averaged 73.1%, placing in the 29.8% IV rank vs the trailing year. The 30-day expected move averaged 17.5%. IV traded above realized volatility by 1.7% (HV 20d: 71.4%). Max pain ranged from $6.67 to $11.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.89.

Notable Days

2013-08-08: Highest Volume — 5,438,085 contracts
2013-08-08: Largest IV drop — 46.8% change
2013-08-06: Highest IV Rank — 100.0%
2013-08-02: Largest Expected Move — 24.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$10.03	$8.95	$11.27	$9.04	$11.27
Max Pain	$9.15	$6.67	$11.00	$8.33	$11.00
ATM IV	73.1%	50.6%	174.1%	109.2%	60.3%
Expected Move	17.5%	14.5%	24.8%	24.5%	17.2%
HV 20d	71.4%	64.6%	91.6%	74.5%	65.5%
HV 60d	70.7%	63.3%	85.7%	85.7%	63.3%
IV Rank	29.8%	12.9%	100.0%	60.6%	19.7%
IV Percentile	68.6%	41.3%	100.0%	98.4%	70.6%
Term Structure	-1.8%	-21.4%	3.1%	-20.4%	1.1%
VWIV	61.8%	51.5%	88.2%	86.0%	60.6%
Skew 25d	2.1%	0.4%	5.0%	5.0%	3.0%
Skew 10d	5.7%	1.9%	10.3%	10.3%	7.1%
Call IV 25d	60.8%	50.2%	85.5%	82.1%	60.0%
Put IV 25d	62.9%	52.6%	89.2%	87.1%	63.0%
Bid-Ask Spread %	9.04	4.29	18.29	8.08	4.29
Gamma HHI	0.08	0.05	0.12	0.09	0.08
Net GEX	13.1M	-3.1M	36.9M	9.2M	13.3M
Net DEX	-2.02B	-2.71B	-1.37B	-1.66B	-2.54B
Net VEX	-7.3M	-9.2M	-6.2M	-6.5M	-9.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.89	0.64	1.20	1.20	0.88
Total Volume	2,093,177.045	856,350	5,438,085	856,350	1,671,525
Total OI	9,707,835.682	8,288,745	11,292,315	8,621,565	11,292,315

Daily Data (22 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
2013-08-01	$9.04	$8.33	109.2%	24.5%	74.5%	60.6%	86.0%	5.0%	-20.4%	9.2M	-1.66B	-6.5M	1.20	8.08	N/A	N/A	389,775	466,575	3,379,620	5,241,945
2013-08-02	$9.20	$8.33	116.0%	24.8%	73.6%	65.9%	88.2%	3.7%	-21.4%	11.0M	-1.81B	-6.4M	0.76	6.34	N/A	N/A	633,300	482,850	3,438,330	5,324,850
2013-08-05	$9.65	$6.67	147.5%	20.0%	75.0%	90.7%	71.0%	2.0%	-4.2%	13.0M	-1.98B	-6.3M	0.80	8.49	N/A	N/A	976,965	784,140	3,269,775	5,018,970
2013-08-06	$9.48	$7.00	174.1%	20.7%	75.5%	100.0%	72.8%	1.4%	-5.2%	11.2M	-1.84B	-6.6M	0.77	9.86	N/A	N/A	807,780	625,575	3,522,510	5,324,070
2013-08-07	$8.95	$7.00	108.2%	21.3%	78.7%	53.5%	76.0%	0.4%	-6.4%	6.1M	-1.41B	-6.7M	0.86	17.21	N/A	N/A	1,735,305	1,500,915	3,726,885	5,536,380
2013-08-08	$10.23	$0.00	57.6%	16.5%	91.0%	17.8%	58.7%	0.9%	0.1%	36.9M	-2.71B	-6.2M	0.88	6.02	N/A	N/A	2,897,775	2,540,310	4,286,535	6,000,345
2013-08-09	$10.20	$10.33	54.0%	15.5%	90.7%	15.3%	55.8%	0.7%	1.0%	16.5M	-2.42B	-6.8M	0.85	13.96	N/A	N/A	1,017,840	865,320	4,431,510	6,507,735
2013-08-12	$9.83	$10.33	55.7%	16.0%	91.6%	16.5%	56.5%	1.4%	-0.2%	9.7M	-1.92B	-6.9M	0.96	15.17	N/A	N/A	1,114,125	1,065,555	3,896,100	5,825,805
2013-08-13	$9.70	$10.00	51.2%	14.7%	69.5%	13.3%	51.6%	1.2%	1.3%	7.4M	-1.81B	-6.9M	1.00	13.77	N/A	N/A	519,225	519,165	4,067,700	6,079,125
2013-08-14	$9.29	$10.00	53.2%	15.3%	64.9%	14.7%	53.8%	0.7%	0.2%	-3.1M	-1.37B	-6.9M	0.88	18.29	N/A	N/A	995,775	880,995	4,134,165	6,146,130
2013-08-15	$9.31	$0.00	56.6%	16.3%	64.6%	17.1%	57.1%	0.9%	-0.5%	-1.0M	-1.39B	-7.0M	0.81	10.72	N/A	N/A	1,212,780	978,795	4,185,300	6,178,560
2013-08-16	$9.47	$9.67	54.6%	15.7%	64.7%	15.7%	55.1%	1.0%	-0.2%	10.6M	-1.66B	-6.9M	0.95	7.78	N/A	N/A	824,640	783,135	4,378,035	6,304,635
2013-08-19	$9.66	$8.00	53.8%	15.4%	64.6%	15.1%	54.3%	1.9%	2.2%	12.3M	-1.64B	-7.0M	0.83	5.65	N/A	N/A	596,655	495,450	3,355,515	4,977,060
2013-08-20	$9.97	$8.00	51.7%	14.8%	65.1%	13.7%	52.5%	1.8%	3.1%	19.7M	-1.90B	-7.2M	0.90	4.88	N/A	N/A	610,485	547,335	3,515,910	5,163,150
2013-08-21	$9.86	$8.33	50.6%	14.5%	65.2%	12.9%	51.5%	2.4%	2.5%	15.2M	-1.79B	-7.4M	0.98	5.96	N/A	N/A	522,615	512,880	3,684,795	5,352,405
2013-08-22	$10.47	$8.33	51.9%	14.9%	67.6%	13.8%	53.0%	3.0%	1.4%	31.3M	-2.37B	-7.5M	0.64	6.68	N/A	N/A	1,126,950	726,015	3,753,915	5,490,720
2013-08-23	$10.79	$8.67	55.6%	15.8%	67.0%	16.4%	55.8%	3.0%	1.6%	19.2M	-2.70B	-7.6M	0.70	6.43	N/A	N/A	1,846,425	1,286,685	3,877,545	5,675,085
2013-08-26	$10.95	$10.67	61.2%	17.7%	66.2%	20.3%	61.9%	3.4%	0.7%	19.4M	-2.42B	-7.9M	0.97	9.04	N/A	N/A	2,383,515	2,317,335	3,662,445	5,442,465
2013-08-27	$11.13	$10.67	62.5%	18.0%	65.2%	21.3%	63.6%	2.8%	1.1%	11.2M	-2.40B	-8.8M	1.01	8.56	N/A	N/A	1,390,575	1,406,055	4,071,585	6,199,740
2013-08-28	$11.10	$10.67	62.9%	18.0%	65.3%	21.6%	62.9%	3.1%	1.1%	10.0M	-2.31B	-9.1M	0.97	5.26	N/A	N/A	1,209,330	1,170,150	4,261,365	6,465,975
2013-08-29	$11.07	$11.00	60.4%	17.3%	65.5%	19.8%	61.1%	3.2%	1.3%	9.5M	-2.32B	-9.1M	1.05	6.52	N/A	N/A	785,385	825,915	4,489,530	6,635,850
2013-08-30	$11.27	$11.00	60.3%	17.2%	65.5%	19.7%	60.6%	3.0%	1.1%	13.3M	-2.54B	-9.2M	0.88	4.29	N/A	N/A	890,445	781,080	4,565,220	6,727,095