TSLA Options History — December 2017

In December 2017, TSLA traded between $20.24 and $22.89. ATM implied volatility averaged 35.2%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 5.6% (HV 20d: 29.6%). Max pain ranged from $19.00 to $21.67. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.83.

Notable Days

2017-12-15: Highest Volume — 3,264,045 contracts
2017-12-04: Largest IV spike — 9.9% change
2017-12-04: Highest IV Rank — 28.3%
2017-12-29: Largest Expected Move — 10.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.52	$20.24	$22.89	$20.44	$20.77
Max Pain	$19.72	$19.00	$21.67	$21.67	$20.00
ATM IV	35.2%	33.5%	36.8%	33.5%	36.3%
Expected Move	10.1%	9.7%	10.7%	9.9%	10.7%
HV 20d	29.6%	26.1%	32.0%	27.5%	30.7%
HV 60d	33.7%	32.5%	35.0%	35.0%	33.5%
IV Rank	21.1%	13.4%	28.3%	13.4%	26.0%
IV Percentile	34.7%	17.9%	48.4%	17.9%	45.2%
Term Structure	0.2%	-0.9%	3.9%	3.9%	-0.8%
VWIV	36.0%	34.9%	38.1%	35.9%	38.1%
Skew 25d	2.9%	1.1%	5.3%	4.0%	2.6%
Skew 10d	5.7%	2.0%	9.6%	7.5%	4.8%
Call IV 25d	34.2%	31.0%	36.0%	31.0%	36.0%
Put IV 25d	37.2%	35.0%	40.6%	35.0%	38.6%
Bid-Ask Spread %	22.26	9.39	31.48	9.39	16.77
Gamma HHI	0.10	0.03	0.68	0.04	0.05
Net GEX	-2.1M	-805.9M	323.6M	-49.1M	-64.6M
Net DEX	-1.89B	-5.12B	461.8M	252.1M	-321.3M
Net VEX	-35.6M	-37.0M	-33.8M	-34.8M	-33.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.83	0.55	1.10	1.03	0.80
Total Volume	2,276,942.25	1,365,780	3,264,045	1,892,820	2,382,840
Total OI	17,649,892.5	16,503,945	19,077,585	17,834,415	17,787,510

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
2017-12-01	$20.44	$21.67	33.5%	9.9%	27.5%	13.4%	35.9%	4.0%	3.9%	-49.1M	252.1M	-34.8M	1.03	9.39	N/A	N/A	930,585	962,235	7,084,260	10,750,155
2017-12-04	$20.34	$19.00	36.8%	10.6%	26.3%	28.3%	37.4%	5.3%	-0.9%	-61.3M	302.5M	-35.1M	0.77	29.05	N/A	N/A	929,055	719,175	6,438,735	10,334,595
2017-12-05	$20.24	$19.00	34.9%	10.1%	26.1%	19.8%	35.0%	4.8%	-0.0%	-48.5M	461.8M	-34.4M	0.85	28.95	N/A	N/A	736,635	629,145	6,714,270	10,437,210
2017-12-06	$20.87	$19.00	35.7%	10.1%	28.0%	23.5%	36.6%	4.6%	0.3%	50.9M	-1.08B	-35.6M	1.10	21.14	N/A	N/A	1,085,430	1,192,485	6,933,165	10,552,155
2017-12-07	$20.76	$19.33	35.1%	10.2%	28.0%	20.9%	36.3%	4.5%	0.4%	24.1M	-746.6M	-35.2M	0.94	28.07	N/A	N/A	1,103,310	1,033,620	7,127,685	10,815,165
2017-12-08	$21.02	$19.33	35.4%	10.0%	28.2%	21.9%	36.1%	4.6%	0.3%	323.6M	-1.40B	-36.1M	0.94	28.64	N/A	N/A	1,090,470	1,024,935	7,229,895	10,893,705
2017-12-11	$21.93	$19.33	35.6%	10.1%	31.6%	22.8%	36.6%	4.3%	-0.0%	67.6M	-2.95B	-35.9M	0.86	23.99	N/A	N/A	1,577,490	1,349,985	6,767,250	10,429,005
2017-12-12	$22.73	$19.33	35.4%	10.1%	31.0%	22.0%	36.1%	2.6%	-0.2%	130.4M	-4.91B	-35.6M	0.66	23.52	N/A	N/A	1,943,415	1,276,275	7,045,710	10,755,255
2017-12-13	$22.61	$19.33	35.3%	10.0%	29.7%	21.6%	35.7%	2.6%	-0.4%	128.4M	-4.57B	-35.7M	0.99	31.48	N/A	N/A	1,164,915	1,153,980	7,289,175	11,001,675
2017-12-14	$22.50	$19.33	35.9%	10.2%	29.9%	24.4%	36.0%	2.2%	-0.3%	65.6M	-4.04B	-36.8M	0.86	25.39	N/A	N/A	1,574,085	1,356,255	7,486,425	11,233,500
2017-12-15	$22.89	$19.67	34.1%	9.7%	30.2%	16.0%	34.9%	2.1%	-0.2%	189.1M	-5.12B	-37.0M	0.71	22.88	N/A	N/A	1,909,965	1,354,080	7,692,600	11,384,985
2017-12-18	$22.57	$20.00	34.7%	9.9%	31.0%	18.8%	35.3%	1.5%	0.2%	85.4M	-3.63B	-36.3M	0.96	17.66	N/A	N/A	914,505	874,620	6,581,160	9,922,785
2017-12-19	$22.06	$20.00	35.0%	10.0%	31.3%	20.3%	35.4%	1.5%	0.2%	-934.0K	-2.37B	-36.3M	0.73	21.69	N/A	N/A	1,387,245	1,007,400	6,768,990	10,212,600
2017-12-20	$21.92	$20.00	34.9%	10.0%	29.9%	19.7%	35.3%	1.6%	0.3%	-49.2M	-1.98B	-35.9M	0.55	22.08	N/A	N/A	1,661,565	906,930	7,039,965	10,520,730
2017-12-21	$22.11	$20.00	34.6%	9.9%	29.1%	18.4%	35.5%	1.6%	0.3%	58.0M	-2.73B	-36.8M	0.65	19.87	N/A	N/A	1,249,620	812,160	7,336,620	10,689,105
2017-12-22	$21.67	$20.00	34.3%	9.8%	30.1%	17.0%	35.1%	1.1%	0.6%	-805.9M	-1.21B	-36.7M	0.91	15.96	N/A	N/A	1,427,760	1,293,855	7,436,550	10,794,615
2017-12-26	$21.16	$20.00	35.6%	10.2%	31.4%	23.0%	35.7%	2.4%	0.4%	-41.8M	-794.1M	-34.8M	0.67	18.99	N/A	N/A	1,079,145	718,545	6,566,760	10,201,005
2017-12-27	$20.78	$20.00	35.2%	10.2%	32.0%	21.3%	36.6%	2.5%	0.8%	-60.3M	-82.0M	-34.2M	0.88	18.26	N/A	N/A	1,017,570	895,290	6,900,375	10,360,740
2017-12-28	$21.03	$20.00	35.6%	10.3%	30.3%	23.0%	36.7%	2.4%	-0.8%	17.2M	-808.5M	-34.8M	0.82	21.35	N/A	N/A	998,460	813,810	7,065,165	10,416,600
2017-12-29	$20.77	$20.00	36.3%	10.7%	30.7%	26.0%	38.1%	2.6%	-0.8%	-64.6M	-321.3M	-33.8M	0.80	16.77	N/A	N/A	1,321,995	1,060,845	7,244,955	10,542,555