TSLA Options History — November 2013

In November 2013, TSLA traded between $8.03 and $11.79. ATM implied volatility averaged 58.3%, placing in the 18.3% IV rank vs the trailing year. The 30-day expected move averaged 17.5%. IV traded below realized volatility by 19.9% (HV 20d: 78.3%). Max pain ranged from $8.00 to $11.33. Net GEX was positive for 7 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.97.

Notable Days

2013-11-06: Highest Volume — 8,367,885 contracts
2013-11-18: Largest IV spike — 20.0% change
2013-11-05: Highest IV Rank — 25.7%
2013-11-05: Largest Expected Move — 19.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$9.15	$8.03	$11.79	$10.81	$8.49
Max Pain	$9.16	$8.00	$11.33	$11.00	$8.00
ATM IV	58.3%	50.0%	68.8%	67.2%	56.5%
Expected Move	17.5%	16.2%	19.6%	19.6%	17.7%
HV 20d	78.3%	47.1%	87.7%	47.1%	87.0%
HV 60d	58.3%	44.3%	63.1%	44.3%	63.1%
IV Rank	18.3%	12.4%	25.7%	24.6%	17.1%
IV Percentile	55.8%	36.9%	75.4%	74.2%	50.4%
Term Structure	-0.4%	-5.8%	2.3%	-3.7%	0.8%
VWIV	61.0%	56.3%	68.9%	68.5%	61.7%
Skew 25d	6.1%	1.0%	8.2%	4.0%	6.3%
Skew 10d	12.3%	4.0%	16.8%	8.6%	12.0%
Call IV 25d	56.3%	48.5%	69.5%	66.6%	54.1%
Put IV 25d	62.4%	54.3%	70.6%	70.6%	60.5%
Bid-Ask Spread %	9.02	3.85	25.24	6.42	5.04
Gamma HHI	0.10	0.05	0.39	0.05	0.18
Net GEX	-7.8M	-54.7M	29.5M	8.3M	26.4M
Net DEX	-167.4M	-2.29B	745.1M	-1.26B	-477.0M
Net VEX	-10.2M	-11.1M	-9.0M	-10.4M	-11.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.97	0.71	1.24	0.96	0.71
Total Volume	3,803,811	1,647,240	8,367,885	1,647,240	2,805,495
Total OI	12,848,801.25	10,197,255	14,346,060	11,046,855	14,208,675

Daily Data (20 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
2013-11-01	$10.81	$11.00	67.2%	19.6%	47.1%	24.6%	68.5%	4.0%	-3.7%	8.3M	-1.26B	-10.4M	0.96	6.42	N/A	N/A	839,565	807,675	5,058,015	5,988,840
2013-11-04	$11.68	$11.00	68.8%	19.5%	55.3%	25.7%	68.1%	3.8%	-5.5%	19.8M	-2.11B	-10.7M	0.71	7.97	N/A	N/A	1,353,885	955,620	4,670,805	5,526,450
2013-11-05	$11.79	$11.00	68.8%	19.6%	52.9%	25.7%	68.9%	1.0%	-5.8%	25.7M	-2.29B	-11.0M	0.74	16.15	N/A	N/A	2,672,085	1,978,140	5,050,890	5,771,850
2013-11-06	$10.08	$11.33	56.7%	16.3%	76.3%	17.2%	57.6%	4.4%	-0.9%	-37.9M	-200.7M	-9.8M	1.01	21.87	N/A	N/A	4,165,200	4,202,685	5,864,865	6,501,405
2013-11-07	$9.32	$10.33	56.5%	16.2%	79.6%	17.1%	57.0%	6.3%	-0.6%	-54.7M	745.0M	-9.3M	1.24	9.51	N/A	N/A	2,997,585	3,730,680	6,404,025	7,002,270
2013-11-08	$9.20	$10.00	57.5%	16.5%	77.9%	17.8%	58.6%	8.1%	-0.9%	-53.9M	745.1M	-9.4M	1.05	25.24	N/A	N/A	3,678,675	3,880,620	6,938,040	7,254,870
2013-11-11	$9.65	$0.00	52.8%	16.5%	80.6%	14.4%	57.4%	5.8%	0.2%	4.8M	-602.6M	-10.2M	0.79	3.97	N/A	N/A	1,632,690	1,288,665	6,003,120	6,407,205
2013-11-12	$9.19	$8.67	54.6%	16.4%	80.6%	15.7%	57.0%	5.6%	0.0%	-6.1M	-69.4M	-10.0M	0.85	3.87	N/A	N/A	1,459,350	1,244,640	6,294,315	6,620,355
2013-11-13	$9.25	$8.67	50.0%	16.6%	80.9%	12.4%	56.9%	5.8%	2.2%	-2.0M	-134.0M	-10.3M	0.94	7.88	N/A	N/A	1,418,880	1,331,595	6,502,095	6,787,185
2013-11-14	$9.17	$8.67	51.5%	16.5%	80.8%	13.5%	56.3%	5.4%	-0.4%	-9.7M	16.6M	-10.0M	1.13	6.27	N/A	N/A	1,368,960	1,545,750	6,531,870	6,922,500
2013-11-15	$9.03	$8.67	52.0%	16.8%	80.5%	13.9%	58.7%	5.5%	0.1%	-45.9M	228.4M	-10.0M	1.01	8.19	N/A	N/A	1,465,170	1,485,135	6,767,880	7,124,505
2013-11-18	$8.11	$8.67	62.4%	17.3%	85.7%	21.2%	59.9%	6.6%	-0.5%	-12.1M	469.7M	-9.0M	1.04	8.15	N/A	N/A	2,757,315	2,871,495	5,221,395	6,058,320
2013-11-19	$8.41	$8.67	59.9%	17.3%	87.7%	19.4%	60.6%	8.2%	1.2%	107.4K	101.3M	-10.3M	1.01	14.84	N/A	N/A	2,202,825	2,224,305	6,018,900	6,584,475
2013-11-20	$8.07	$8.33	62.0%	18.0%	87.7%	20.9%	63.4%	7.7%	1.2%	-13.3M	459.1M	-10.4M	1.18	5.14	N/A	N/A	1,460,535	1,726,410	6,403,635	6,999,030
2013-11-21	$8.14	$8.33	60.9%	18.2%	84.6%	20.1%	62.7%	7.8%	-0.0%	-10.6M	404.2M	-10.4M	1.14	5.59	N/A	N/A	1,365,495	1,550,130	6,595,935	7,184,715
2013-11-22	$8.09	$8.33	58.6%	17.8%	84.7%	18.6%	60.8%	7.7%	-1.2%	-9.1M	458.8M	-10.2M	1.11	4.39	N/A	N/A	1,599,780	1,769,565	6,893,685	7,452,375
2013-11-25	$8.06	$8.33	57.4%	17.9%	84.3%	17.7%	62.6%	6.9%	2.2%	-7.7M	242.4M	-10.1M	0.89	3.85	N/A	N/A	1,005,870	898,050	5,968,230	6,700,410
2013-11-26	$8.03	$8.00	56.9%	17.7%	83.9%	17.3%	62.9%	7.3%	2.3%	-7.1M	283.1M	-10.1M	0.94	5.28	N/A	N/A	1,611,480	1,522,590	6,183,555	6,820,815
2013-11-27	$8.46	$8.00	55.9%	17.8%	87.0%	16.6%	60.0%	7.5%	0.8%	29.5M	-354.3M	-11.1M	0.93	10.71	N/A	N/A	1,656,525	1,545,105	6,616,350	7,072,170
2013-11-29	$8.49	$8.00	56.5%	17.7%	87.0%	17.1%	61.7%	6.3%	0.8%	26.4M	-477.0M	-11.1M	0.71	5.04	N/A	N/A	1,642,950	1,162,545	6,830,730	7,377,945