TSLA Options History — July 2017

In July 2017, TSLA traded between $20.51 and $23.51. ATM implied volatility averaged 47.1%, placing in the 76.5% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 2.6% (HV 20d: 44.5%). Max pain ranged from $22.67 to $23.83. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.87.

Notable Days

2017-07-06: Highest Volume — 6,118,350 contracts
2017-07-27: Largest IV spike — 8.4% change
2017-07-06: Highest IV Rank — 93.9%
2017-07-28: Largest Expected Move — 14.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.91	$20.51	$23.51	$23.51	$21.61
Max Pain	$22.93	$22.67	$23.83	$23.83	$22.67
ATM IV	47.1%	43.9%	52.7%	45.7%	47.3%
Expected Move	13.4%	11.2%	14.7%	11.2%	14.7%
HV 20d	44.5%	34.8%	47.1%	34.8%	46.3%
HV 60d	38.5%	33.8%	39.7%	33.8%	38.1%
IV Rank	76.5%	65.3%	93.9%	68.0%	78.5%
IV Percentile	92.2%	83.7%	98.8%	88.5%	94.8%
Term Structure	-1.1%	-2.4%	0.7%	0.7%	-0.9%
VWIV	47.5%	39.4%	53.3%	39.4%	52.3%
Skew 25d	4.1%	2.4%	5.2%	2.4%	4.9%
Skew 10d	8.1%	3.5%	10.4%	3.5%	10.4%
Call IV 25d	45.9%	42.7%	52.3%	46.5%	45.2%
Put IV 25d	50.0%	47.3%	55.7%	49.0%	50.1%
Bid-Ask Spread %	22.13	3.92	45.26	19.23	16.80
Gamma HHI	0.04	0.03	0.12	0.03	0.03
Net GEX	9.3M	-83.7M	86.0M	-18.5M	-17.3M
Net DEX	-1.55B	-3.56B	1.82B	-2.85B	-1.31B
Net VEX	-39.2M	-40.5M	-37.2M	-40.1M	-37.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.87	0.64	1.17	0.82	1.01
Total Volume	2,946,469.5	1,785,945	6,118,350	1,933,590	1,805,130
Total OI	15,685,538.25	14,088,540	17,306,985	14,327,415	14,134,245

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
2017-07-03	$23.51	$23.83	45.7%	11.2%	34.8%	68.0%	39.4%	2.4%	0.7%	-18.5M	-2.85B	-40.1M	0.82	19.23	N/A	N/A	1,063,770	869,820	5,923,815	8,403,600
2017-07-05	$21.92	$23.83	49.1%	12.9%	42.5%	80.5%	45.8%	3.7%	0.3%	-71.3M	-161.6M	-38.7M	0.96	16.78	N/A	N/A	2,516,610	2,420,565	6,142,305	8,602,080
2017-07-06	$20.51	$23.67	52.7%	14.5%	46.8%	93.9%	50.7%	3.4%	-0.1%	-83.7M	1.82B	-37.7M	1.17	31.31	N/A	N/A	2,825,685	3,292,665	6,750,870	9,028,155
2017-07-07	$20.80	$23.33	48.7%	13.6%	45.6%	79.2%	47.7%	3.4%	-0.7%	-44.6M	1.18B	-38.3M	0.84	33.16	N/A	N/A	2,870,520	2,410,965	7,334,670	9,524,070
2017-07-10	$21.05	$23.33	49.1%	13.7%	44.6%	80.7%	48.3%	3.9%	-1.4%	-31.2M	-70.1M	-38.6M	0.99	28.15	N/A	N/A	1,658,910	1,635,045	6,253,935	8,942,970
2017-07-11	$21.70	$23.00	48.3%	13.1%	46.3%	77.7%	46.7%	4.2%	-2.0%	21.9M	-1.46B	-40.0M	0.89	22.80	N/A	N/A	1,572,630	1,394,115	6,622,995	9,335,970
2017-07-12	$22.01	$23.00	46.8%	13.1%	42.8%	76.9%	46.2%	3.3%	-1.2%	64.6M	-2.25B	-40.5M	0.83	39.93	N/A	N/A	1,574,010	1,307,910	6,880,905	9,572,745
2017-07-13	$21.55	$22.67	47.5%	13.2%	42.7%	79.7%	46.4%	3.6%	-1.6%	-7.2M	-1.01B	-40.1M	0.83	37.11	N/A	N/A	1,741,800	1,450,995	7,067,280	9,763,110
2017-07-14	$21.83	$22.67	45.4%	12.6%	43.2%	71.2%	44.7%	2.8%	-2.4%	75.9M	-1.91B	-39.8M	0.75	45.26	N/A	N/A	1,748,235	1,315,965	7,349,505	9,957,480
2017-07-17	$21.31	$22.67	47.9%	13.5%	43.6%	81.0%	48.0%	4.6%	-1.1%	-14.9M	-672.9M	-39.1M	0.88	27.87	N/A	N/A	1,682,295	1,479,540	6,544,815	9,180,615
2017-07-18	$21.89	$22.67	47.3%	13.5%	45.2%	78.8%	47.9%	4.1%	-1.9%	50.3M	-1.96B	-40.0M	0.85	16.58	N/A	N/A	1,203,270	1,026,750	6,773,475	9,425,955
2017-07-19	$21.76	$22.67	45.8%	13.1%	45.1%	72.8%	45.9%	4.9%	-1.2%	47.1M	-1.70B	-39.6M	0.80	4.43	N/A	N/A	1,143,690	913,800	6,920,820	9,551,670
2017-07-20	$21.94	$22.67	44.3%	12.7%	44.9%	66.7%	45.1%	4.3%	-1.1%	86.0M	-2.13B	-39.6M	0.90	10.18	N/A	N/A	993,465	895,305	7,056,945	9,681,945
2017-07-21	$21.88	$22.67	43.9%	12.7%	44.1%	65.3%	45.8%	4.6%	-0.8%	28.8M	-1.97B	-39.4M	0.74	3.92	N/A	N/A	1,551,195	1,151,250	7,189,860	9,897,630
2017-07-24	$22.76	$22.67	45.0%	13.2%	47.1%	69.6%	47.4%	4.6%	-1.3%	35.8M	-3.23B	-39.3M	0.83	6.28	N/A	N/A	1,359,825	1,134,855	5,515,785	8,572,755
2017-07-25	$22.65	$22.67	46.7%	14.1%	46.8%	76.4%	50.0%	4.4%	-1.3%	32.8M	-3.08B	-38.9M	0.64	18.49	N/A	N/A	1,198,905	763,440	5,708,580	8,811,315
2017-07-26	$22.87	$22.67	44.4%	13.0%	46.0%	67.3%	47.2%	4.5%	-1.0%	71.9M	-3.56B	-38.8M	0.86	8.62	N/A	N/A	959,565	826,380	5,890,620	8,950,680
2017-07-27	$22.33	$22.67	48.1%	14.2%	45.9%	81.9%	50.4%	4.3%	-1.2%	-15.4M	-2.30B	-38.9M	0.80	31.67	N/A	N/A	1,674,615	1,345,020	5,954,130	9,115,170
2017-07-28	$22.29	$22.67	48.3%	14.7%	45.4%	82.8%	53.3%	5.2%	-1.6%	-24.4M	-2.31B	-38.6M	1.10	24.12	N/A	N/A	1,022,490	1,128,390	6,207,600	9,169,695
2017-07-31	$21.61	$22.67	47.3%	14.7%	46.3%	78.5%	52.3%	4.9%	-0.9%	-17.3M	-1.31B	-37.2M	1.01	16.80	N/A	N/A	898,530	906,600	5,506,140	8,628,105