TSLA Options History — July 2016

In July 2016, TSLA traded between $14.25 and $15.65. ATM implied volatility averaged 49.9%, placing in the 28.0% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded above realized volatility by 7.5% (HV 20d: 42.4%). Max pain ranged from $14.00 to $15.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.90.

Notable Days

2016-07-01: Highest Volume — 2,272,200 contracts
2016-07-05: Largest IV spike — 18.5% change
2016-07-07: Highest IV Rank — 35.6%
2016-07-28: Largest Expected Move — 14.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$14.89	$14.25	$15.65	$14.39	$15.65
Max Pain	$14.58	$14.00	$15.00	$14.83	$15.00
ATM IV	49.9%	43.3%	54.3%	43.3%	47.6%
Expected Move	14.1%	10.9%	14.7%	10.9%	14.6%
HV 20d	42.4%	25.9%	54.5%	54.4%	26.2%
HV 60d	39.3%	38.1%	40.3%	39.5%	38.1%
IV Rank	28.0%	16.6%	35.6%	16.6%	24.1%
IV Percentile	59.4%	44.0%	80.6%	44.0%	48.0%
Term Structure	-1.4%	-2.6%	10.6%	10.6%	-2.2%
VWIV	49.2%	38.7%	51.4%	38.7%	51.1%
Skew 25d	4.0%	1.3%	6.2%	3.4%	4.6%
Skew 10d	8.0%	4.6%	21.9%	4.8%	8.7%
Call IV 25d	48.6%	38.5%	54.1%	38.5%	45.6%
Put IV 25d	52.6%	41.9%	57.9%	41.9%	50.2%
Bid-Ask Spread %	29.08	20.65	34.56	20.65	26.49
Gamma HHI	0.11	0.04	0.74	0.15	0.74
Net GEX	38.6M	-42.8M	408.9M	60.3M	408.9M
Net DEX	-444.5M	-1.35B	150.6M	-496.3M	-1.35B
Net VEX	-17.2M	-17.9M	-16.1M	-17.8M	-17.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.90	0.63	1.21	1.01	0.77
Total Volume	1,466,007	1,045,830	2,272,200	2,272,200	1,918,095
Total OI	9,961,176	8,765,010	10,836,720	10,173,480	10,787,880

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
2016-07-01	$14.39	$14.83	43.3%	10.9%	54.4%	16.6%	38.7%	3.4%	10.6%	60.3M	-496.3M	-17.8M	1.01	20.65	N/A	N/A	1,128,195	1,144,005	4,637,490	5,535,990
2016-07-05	$14.25	$14.00	51.4%	14.0%	54.5%	30.5%	49.9%	3.8%	-1.6%	13.0M	31.3M	-17.1M	1.19	32.62	N/A	N/A	562,380	670,575	4,323,345	5,146,065
2016-07-06	$14.30	$14.00	53.0%	14.1%	51.0%	33.2%	49.1%	3.9%	-2.5%	19.7M	-73.2M	-16.1M	0.98	31.97	N/A	N/A	785,535	771,045	4,414,920	5,355,780
2016-07-07	$14.40	$14.33	54.3%	14.6%	50.7%	35.6%	50.3%	3.8%	-2.6%	46.9M	-180.8M	-16.8M	0.97	32.19	N/A	N/A	823,695	797,265	4,671,990	5,641,335
2016-07-08	$14.47	$14.33	51.1%	13.9%	50.1%	30.0%	48.3%	2.6%	-1.8%	39.8M	-148.6M	-16.8M	0.83	30.84	N/A	N/A	963,735	801,360	4,749,795	5,859,210
2016-07-11	$15.00	$14.33	54.3%	14.6%	48.8%	35.5%	51.4%	4.3%	-2.2%	14.0M	-756.4M	-16.7M	0.63	29.95	N/A	N/A	999,540	633,975	4,174,515	5,424,405
2016-07-12	$14.99	$14.33	51.6%	14.1%	48.8%	30.9%	49.4%	4.1%	-2.3%	13.0M	-693.6M	-17.8M	1.21	28.71	N/A	N/A	552,240	669,825	4,407,135	5,615,265
2016-07-13	$14.83	$14.33	52.1%	14.5%	48.6%	31.8%	50.6%	4.7%	-2.2%	-8.6M	-298.2M	-17.3M	1.09	26.68	N/A	N/A	509,310	552,870	4,466,970	5,843,100
2016-07-14	$14.76	$14.67	50.4%	14.0%	48.5%	28.8%	48.7%	4.7%	-1.8%	-13.9M	-120.0M	-17.4M	0.95	30.58	N/A	N/A	580,590	550,455	4,563,480	5,974,650
2016-07-15	$14.67	$14.67	48.7%	13.5%	48.6%	25.9%	45.5%	1.3%	-2.2%	-42.8M	150.6M	-16.9M	0.75	34.04	N/A	N/A	677,475	507,525	4,736,475	6,100,245
2016-07-18	$15.09	$14.67	48.5%	13.7%	49.3%	25.5%	48.8%	3.2%	-2.1%	22.3M	-600.1M	-16.7M	0.71	26.23	N/A	N/A	610,305	435,525	3,866,880	4,898,130
2016-07-19	$15.01	$14.67	50.3%	14.3%	48.9%	28.7%	49.9%	3.7%	-2.2%	24.3M	-494.0M	-17.4M	1.06	28.80	N/A	N/A	612,870	648,135	4,072,170	5,057,820
2016-07-20	$15.23	$14.67	50.9%	14.6%	49.1%	29.7%	51.2%	3.7%	-2.2%	25.7M	-718.5M	-17.7M	1.00	30.30	N/A	N/A	637,395	639,780	4,181,475	5,362,290
2016-07-21	$14.72	$14.67	49.7%	14.4%	29.2%	27.7%	50.7%	3.9%	-2.2%	-21.8M	1.8M	-17.0M	0.95	26.68	N/A	N/A	1,043,640	993,165	4,285,710	5,370,300
2016-07-22	$14.83	$14.67	48.3%	14.1%	29.1%	25.2%	48.6%	3.8%	-2.2%	27.5M	-187.6M	-17.3M	0.79	34.56	N/A	N/A	883,335	699,720	4,523,175	5,660,445
2016-07-25	$15.33	$14.67	47.9%	14.3%	29.2%	24.4%	51.4%	4.2%	-1.9%	36.2M	-841.8M	-17.4M	0.80	26.95	N/A	N/A	919,560	736,170	4,059,735	5,137,395
2016-07-26	$15.29	$14.83	47.9%	14.4%	28.9%	24.6%	49.2%	4.5%	-0.8%	28.5M	-732.6M	-17.1M	0.65	28.27	N/A	N/A	696,405	452,280	4,250,595	5,517,360
2016-07-27	$15.23	$15.00	48.4%	14.5%	28.6%	25.4%	50.9%	4.8%	-1.0%	25.2M	-595.6M	-17.5M	0.82	27.42	N/A	N/A	906,555	746,640	4,324,560	5,602,635
2016-07-28	$15.37	$15.00	48.3%	14.7%	25.9%	25.2%	51.0%	6.2%	-1.9%	54.4M	-791.4M	-17.9M	0.90	27.65	N/A	N/A	556,260	502,710	4,624,980	5,997,825
2016-07-29	$15.65	$15.00	47.6%	14.6%	26.2%	24.1%	51.1%	4.6%	-2.2%	408.9M	-1.35B	-17.5M	0.77	26.49	N/A	N/A	1,086,165	831,930	4,700,685	6,087,195