TSLA Options History — March 2018

In March 2018, TSLA traded between $17.18 and $23.05. ATM implied volatility averaged 44.1%, placing in the 54.4% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded above realized volatility by 3.1% (HV 20d: 41.0%). Max pain ranged from $21.33 to $23.00. Net GEX was positive for 2 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 1.01.

Notable Days

2018-03-28: Highest Volume — 5,121,810 contracts
2018-03-27: Largest IV spike — 27.5% change
2018-03-27: Highest IV Rank — 100.0%
2018-03-28: Largest Expected Move — 20.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.07	$17.18	$23.05	$22.08	$17.77
Max Pain	$22.44	$21.33	$23.00	$22.67	$21.33
ATM IV	44.1%	37.9%	67.2%	39.3%	61.3%
Expected Move	12.6%	10.7%	20.0%	11.5%	18.1%
HV 20d	41.0%	30.0%	52.8%	47.1%	52.8%
HV 60d	38.3%	35.8%	44.9%	37.0%	44.9%
IV Rank	54.4%	33.4%	100.0%	39.4%	83.9%
IV Percentile	73.8%	54.4%	100.0%	62.7%	99.6%
Term Structure	0.8%	-0.7%	4.3%	0.8%	3.9%
VWIV	45.3%	38.4%	70.5%	40.5%	67.4%
Skew 25d	7.4%	3.8%	18.8%	3.9%	18.8%
Skew 10d	16.3%	8.0%	41.8%	8.9%	41.8%
Call IV 25d	41.3%	36.0%	60.5%	37.8%	53.3%
Put IV 25d	48.7%	40.3%	78.4%	41.7%	72.0%
Bid-Ask Spread %	12.05	4.91	25.14	11.69	15.21
Gamma HHI	0.05	0.03	0.15	0.03	0.04
Net GEX	-42.0M	-118.9M	78.1M	-63.1M	-62.8M
Net DEX	1.10B	-1.81B	4.93B	552.4M	4.14B
Net VEX	-36.8M	-37.9M	-33.9M	-37.0M	-36.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.01	0.65	1.31	1.12	1.03
Total Volume	2,527,237.143	1,185,135	5,121,810	2,678,445	4,832,475
Total OI	13,613,848.571	12,389,025	15,704,730	13,014,690	15,704,730

Daily Data (21 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
2018-03-01	$22.08	$22.67	39.3%	11.5%	47.1%	39.4%	40.5%	3.9%	0.8%	-63.1M	552.4M	-37.0M	1.12	11.69	N/A	N/A	1,265,955	1,412,490	5,170,935	7,843,755
2018-03-02	$22.33	$22.67	38.0%	10.7%	47.2%	33.7%	38.5%	4.3%	0.8%	-95.9M	79.4M	-37.1M	1.08	8.17	N/A	N/A	1,082,670	1,169,175	5,366,190	8,043,120
2018-03-05	$22.24	$23.00	38.9%	11.0%	46.8%	37.6%	39.0%	4.3%	0.3%	-9.2M	-173.2M	-36.7M	0.65	10.75	N/A	N/A	719,700	465,435	4,773,810	7,615,215
2018-03-06	$21.85	$23.00	38.6%	11.0%	46.2%	36.4%	39.3%	4.6%	-0.2%	-22.8M	392.5M	-36.3M	1.21	10.82	N/A	N/A	778,650	945,900	5,044,170	7,775,745
2018-03-07	$22.15	$23.00	38.3%	10.9%	46.5%	35.0%	38.6%	4.5%	-0.3%	-4.9M	-113.5M	-36.4M	0.81	12.58	N/A	N/A	943,605	768,015	5,104,785	8,041,980
2018-03-08	$21.93	$22.67	37.9%	10.8%	44.7%	33.4%	38.8%	4.4%	-0.3%	-9.3M	212.3M	-36.5M	0.80	15.15	N/A	N/A	783,360	628,725	5,262,360	8,159,520
2018-03-09	$21.81	$22.67	38.0%	10.9%	30.0%	34.0%	38.4%	3.8%	-0.3%	-60.3M	437.5M	-36.4M	0.78	13.30	N/A	N/A	1,738,575	1,349,985	5,397,405	8,279,880
2018-03-12	$23.05	$22.67	38.9%	11.0%	34.9%	37.9%	39.0%	4.2%	-0.4%	78.1M	-1.81B	-37.7M	0.74	15.77	N/A	N/A	1,457,865	1,073,775	5,067,255	8,198,385
2018-03-13	$22.79	$22.67	39.1%	11.1%	35.3%	38.6%	39.3%	3.8%	-0.4%	59.8M	-1.36B	-37.9M	0.72	15.93	N/A	N/A	1,061,505	759,900	5,309,385	8,384,670
2018-03-14	$21.79	$22.67	42.8%	12.1%	38.4%	55.2%	45.0%	6.3%	-0.4%	-34.6M	591.0M	-37.4M	1.31	11.01	N/A	N/A	1,281,135	1,676,625	5,450,955	8,477,760
2018-03-15	$21.71	$22.67	42.4%	12.0%	38.4%	53.8%	45.7%	7.1%	-0.7%	-47.0M	689.6M	-37.1M	1.25	8.70	N/A	N/A	942,765	1,179,675	5,658,945	8,845,260
2018-03-16	$21.43	$22.67	40.8%	11.7%	36.7%	46.2%	42.1%	6.4%	-0.0%	-30.4M	1.20B	-36.4M	1.07	6.40	N/A	N/A	1,422,120	1,516,560	5,745,810	9,077,970
2018-03-19	$20.90	$22.67	44.4%	12.7%	37.4%	62.4%	45.1%	7.6%	0.2%	-55.8M	1.25B	-36.1M	1.19	4.91	N/A	N/A	961,080	1,143,795	4,583,355	7,825,005
2018-03-20	$20.68	$22.33	43.9%	12.5%	37.4%	60.1%	43.9%	7.5%	0.2%	-60.6M	1.58B	-37.4M	0.98	8.95	N/A	N/A	715,170	702,210	4,888,320	8,165,160
2018-03-21	$21.13	$22.33	42.4%	12.2%	38.5%	53.7%	42.9%	7.6%	0.3%	-14.1M	811.5M	-37.4M	0.86	5.79	N/A	N/A	995,610	854,880	5,055,375	8,323,815
2018-03-22	$20.62	$22.00	43.8%	12.5%	36.1%	60.1%	44.2%	8.4%	0.9%	-91.0M	1.82B	-37.6M	1.03	21.02	N/A	N/A	938,235	966,465	5,140,980	8,454,255
2018-03-23	$20.14	$22.00	47.0%	13.5%	35.9%	74.4%	47.6%	8.5%	0.2%	-118.9M	2.48B	-37.8M	1.02	25.14	N/A	N/A	1,515,435	1,549,545	5,298,435	8,524,080
2018-03-26	$20.28	$22.00	45.3%	12.9%	35.2%	66.5%	48.7%	8.8%	4.3%	-64.8M	1.83B	-36.7M	1.31	8.69	N/A	N/A	1,121,355	1,465,965	4,942,350	8,314,845
2018-03-27	$18.61	$22.00	57.7%	16.6%	44.7%	100.0%	56.8%	13.4%	4.3%	-91.5M	3.64B	-35.6M	1.01	13.48	N/A	N/A	1,874,325	1,889,460	5,264,280	8,563,905
2018-03-28	$17.18	$21.50	67.2%	20.0%	50.8%	100.0%	70.5%	17.9%	4.3%	-83.8M	4.93B	-33.9M	1.27	9.54	N/A	N/A	2,254,110	2,867,700	5,814,450	8,932,215
2018-03-29	$17.77	$21.33	61.3%	18.1%	52.8%	83.9%	67.4%	18.8%	3.9%	-62.8M	4.14B	-36.9M	1.03	15.21	N/A	N/A	2,377,170	2,455,305	6,418,365	9,286,365