TSLA Options History — March 2016

In March 2016, TSLA traded between $12.40 and $15.93. ATM implied volatility averaged 54.6%, placing in the 41.0% IV rank vs the trailing year. The 30-day expected move averaged 15.8%. IV traded above realized volatility by 8.6% (HV 20d: 46.0%). Max pain ranged from $12.33 to $14.67. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 1.00.

Notable Days

  • 2016-03-24: Highest Volume — 2,700,930 contracts
  • 2016-03-04: Largest IV drop — 8.0% change
  • 2016-03-09: Highest IV Rank — 53.3%
  • 2016-03-31: Largest Expected Move — 17.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.40$12.40$15.93$12.40$15.33
Max Pain$13.79$12.33$14.67$13.33$14.67
ATM IV54.6%49.4%62.3%59.1%53.7%
Expected Move15.8%14.7%17.9%15.9%17.9%
HV 20d46.0%31.2%73.2%73.2%36.9%
HV 60d52.3%51.1%53.6%51.2%51.1%
IV Rank41.0%32.7%53.3%48.1%39.6%
IV Percentile82.7%65.9%96.8%95.2%82.9%
Term Structure0.2%-2.7%8.7%-0.1%6.9%
VWIV56.0%52.3%62.6%55.9%62.6%
Skew 25d6.4%5.0%8.0%7.5%6.7%
Skew 10d13.0%6.7%22.5%13.4%11.6%
Call IV 25d52.3%47.1%59.5%57.2%50.2%
Put IV 25d58.8%53.1%66.5%64.7%56.9%
Bid-Ask Spread %27.5213.8743.2643.2625.40
Gamma HHI0.070.040.250.040.05
Net GEX30.7M-47.2K86.1M2.9M34.0M
Net DEX-1.35B-3.05B77.1M77.1M-1.48B
Net VEX-15.4M-16.6M-13.7M-13.7M-16.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.541.501.460.83
Total Volume1,629,192.955923,5202,700,9301,783,6652,290,665
Total OI8,861,432.0457,152,72010,156,0208,084,1008,768,340

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-03-01$12.40$13.3359.1%15.9%73.2%48.1%55.9%7.5%-0.1%2.9M77.1M-13.7M1.4643.26N/AN/A723,9601,059,7053,960,7054,123,395
2016-03-02$12.54$13.3357.7%14.8%68.5%46.0%52.3%8.0%0.3%1.6M22.1M-14.0M1.2138.24N/AN/A597,615722,1454,136,9704,407,255
2016-03-03$13.02$12.3360.9%17.0%66.4%51.1%60.0%7.2%-2.0%29.1M-641.6M-14.9M1.0629.56N/AN/A792,405837,3604,299,2404,519,830
2016-03-04$13.40$12.6756.0%15.7%67.0%43.3%55.6%5.3%-1.1%49.4M-1.14B-14.5M1.0033.05N/AN/A1,182,2851,184,0104,365,2104,745,025
2016-03-07$13.69$13.0060.2%16.6%60.0%49.9%58.6%6.5%-1.2%23.8M-1.10B-15.2M0.9328.64N/AN/A821,910762,5404,169,6554,478,400
2016-03-08$13.50$13.3361.7%17.0%47.7%52.3%60.2%7.3%-1.5%16.3M-800.2M-15.3M1.5031.72N/AN/A576,165863,6554,345,1854,716,480
2016-03-09$13.90$13.3362.3%17.2%47.5%53.3%61.1%7.0%-2.7%27.9M-1.21B-15.8M1.1126.49N/AN/A619,245687,1654,461,6155,018,040
2016-03-10$13.64$13.6758.3%16.2%45.9%46.9%55.7%7.4%-1.4%12.4M-814.6M-15.4M0.7926.91N/AN/A1,113,495882,7954,540,0505,192,010
2016-03-11$13.84$13.6755.0%15.4%44.5%41.6%54.8%6.5%-2.0%7.4M-1.16B-15.3M0.9827.22N/AN/A640,890627,6004,726,0355,347,425
2016-03-14$14.33$13.6756.5%16.0%44.5%43.9%55.8%6.7%-1.3%33.7M-1.65B-15.3M0.5424.00N/AN/A926,235495,9154,319,4904,971,945
2016-03-15$14.57$13.6752.8%15.1%44.4%38.2%54.4%6.1%-1.6%48.9M-2.02B-15.3M0.8719.32N/AN/A541,305472,2904,519,8005,117,940
2016-03-16$14.78$13.6752.1%14.9%36.4%37.0%52.9%5.5%-1.4%57.2M-2.13B-15.2M0.8718.62N/AN/A696,825607,7854,449,1505,200,635
2016-03-17$14.97$13.6751.2%14.7%35.0%35.6%52.3%5.0%-1.5%57.6M-2.38B-15.3M1.1417.55N/AN/A465,075527,8504,486,6655,330,625
2016-03-18$15.49$13.6751.2%14.9%35.3%35.6%53.0%5.4%-2.6%86.1M-3.05B-15.7M0.7413.87N/AN/A1,485,1051,097,0704,589,5955,566,425
2016-03-21$15.93$14.0050.4%14.9%31.2%34.3%53.8%5.4%-1.4%51.2M-2.28B-15.7M0.8129.05N/AN/A843,495686,0553,471,9753,680,745
2016-03-22$15.65$14.3349.4%14.8%33.0%32.7%52.5%5.6%-1.3%43.1M-1.88B-16.2M1.2331.49N/AN/A787,245969,6903,730,1854,041,285
2016-03-23$14.85$14.6751.3%15.6%40.5%35.7%54.8%6.7%-1.3%-47.2K-769.5M-15.9M1.1829.81N/AN/A1,042,0951,230,5103,874,1554,268,400
2016-03-24$15.18$14.6750.2%15.2%38.7%34.0%54.4%5.7%-1.5%12.5M-1.21B-16.4M1.1326.71N/AN/A1,268,8651,432,0654,094,1304,497,720
2016-03-28$15.38$14.6750.7%15.9%38.6%34.9%57.1%8.0%7.3%28.8M-1.48B-16.1M0.9829.93N/AN/A578,910565,0353,701,4904,134,675
2016-03-29$15.32$14.6749.8%15.7%38.9%33.4%55.6%5.8%8.7%27.0M-1.42B-16.2M0.8226.97N/AN/A508,530414,9903,838,8754,347,735
2016-03-30$15.12$14.6750.2%16.5%36.9%34.0%58.0%6.5%6.7%24.9M-1.25B-15.8M0.7627.70N/AN/A687,870525,8253,959,8954,437,105
2016-03-31$15.33$14.6753.7%17.9%36.9%39.6%62.6%6.7%6.9%34.0M-1.48B-16.6M0.8325.40N/AN/A1,254,9751,035,6904,184,2504,584,090