TSLA Options History — November 2019

In November 2019, TSLA traded between $20.85 and $23.97. ATM implied volatility averaged 37.6%, placing in the 4.2% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded below realized volatility by 20.3% (HV 20d: 57.9%). Max pain ranged from $17.33 to $20.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.74.

Notable Days

  • 2019-11-22: Highest Volume — 9,914,430 contracts
  • 2019-11-26: Largest IV drop — 7.3% change
  • 2019-11-20: Highest IV Rank — 8.6%
  • 2019-11-06: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.55$20.85$23.97$20.85$21.98
Max Pain$19.30$17.33$20.00$17.33$20.00
ATM IV37.6%33.4%39.7%36.4%35.0%
Expected Move10.9%9.7%11.4%10.1%10.0%
HV 20d57.9%33.4%68.3%67.8%33.5%
HV 60d51.5%49.5%53.8%53.8%51.6%
IV Rank4.2%0.0%8.6%0.0%4.1%
IV Percentile1.9%0.0%6.0%0.0%0.8%
Term Structure0.8%-0.9%4.6%1.2%3.4%
VWIV38.8%34.6%41.1%36.1%35.5%
Skew 25d1.3%-0.8%3.5%3.2%2.3%
Skew 10d1.6%-3.1%5.9%5.2%4.7%
Call IV 25d37.6%32.8%40.7%35.0%33.1%
Put IV 25d38.9%34.8%41.5%38.2%35.4%
Bid-Ask Spread %4.682.737.277.273.51
Gamma HHI0.070.040.210.210.18
Net GEX99.5M-96.7M262.6M-96.7M-90.0M
Net DEX-7.95B-11.47B-3.41B-6.16B-4.25B
Net VEX-42.3M-43.5M-40.3M-40.5M-42.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.570.990.850.99
Total Volume4,109,066.252,145,7959,914,4303,946,7402,208,285
Total OI29,615,32525,371,28533,166,14032,286,00028,977,930

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$20.85$17.3336.4%10.1%67.8%0.0%36.1%3.2%1.2%-96.7M-6.16B-40.5M0.857.27N/AN/A2,131,5001,815,24010,130,92522,155,075
2019-11-04$21.21$18.3337.6%11.2%67.7%3.1%40.2%3.5%0.8%69.5M-7.04B-40.8M0.675.07N/AN/A2,073,6751,392,2409,086,61020,581,995
2019-11-05$21.20$18.3337.4%11.1%67.9%2.7%40.3%3.5%1.0%93.0M-7.13B-41.4M0.615.55N/AN/A1,613,730977,3259,499,81520,885,355
2019-11-06$21.74$18.3339.4%11.4%68.0%8.0%41.0%3.1%0.4%170.1M-8.72B-41.6M0.606.15N/AN/A2,852,3401,720,7259,722,89521,106,380
2019-11-07$22.41$18.3338.9%11.2%68.0%6.6%40.5%1.8%0.1%259.8M-10.77B-41.2M0.716.49N/AN/A4,528,6653,227,38510,070,29521,420,345
2019-11-08$22.48$18.3338.4%11.2%68.1%5.4%39.7%1.3%0.2%187.0M-10.56B-41.9M0.603.66N/AN/A2,459,6701,472,95510,431,93021,751,305
2019-11-11$23.04$18.3338.3%11.1%68.0%5.0%39.9%0.8%0.3%184.4M-11.10B-40.3M0.715.32N/AN/A2,905,8302,077,5459,819,04520,953,185
2019-11-12$23.24$19.3337.6%10.9%68.0%3.2%39.2%0.4%0.4%174.2M-11.28B-42.7M0.724.77N/AN/A1,641,0601,175,73010,240,71021,548,670
2019-11-13$23.09$19.3338.7%11.2%68.2%6.1%39.9%0.0%0.2%161.5M-10.57B-42.1M0.693.71N/AN/A2,619,0601,797,40510,299,60021,861,210
2019-11-14$23.29$20.0038.9%11.2%68.3%6.6%39.9%-0.1%0.3%169.1M-10.78B-43.0M0.733.57N/AN/A2,133,2551,562,52010,501,15522,274,835
2019-11-15$23.47$20.0037.4%10.8%67.2%2.5%38.3%-0.3%0.4%262.6M-11.47B-41.9M0.775.16N/AN/A2,050,2001,585,48510,705,03522,461,105
2019-11-18$23.33$20.0038.1%10.9%66.7%4.4%39.2%-0.1%-0.7%124.1M-7.63B-42.6M0.836.81N/AN/A1,170,960974,8358,636,23516,735,050
2019-11-19$23.97$20.0038.9%11.2%66.8%6.7%39.8%-0.8%-0.9%176.9M-9.14B-42.7M0.572.77N/AN/A2,692,8001,525,3808,903,47517,074,920
2019-11-20$23.48$20.0039.7%11.4%67.6%8.6%41.1%-0.4%-0.8%114.2M-7.80B-43.1M0.633.50N/AN/A2,093,3251,308,8109,253,20017,405,505
2019-11-21$23.66$20.0039.3%11.3%39.1%7.6%40.6%0.4%-0.9%131.0M-8.18B-43.5M0.614.67N/AN/A1,911,6451,161,1209,447,36017,689,290
2019-11-22$22.22$20.0037.5%10.8%35.2%2.9%38.3%1.6%-0.8%-86.0M-3.41B-42.8M0.965.33N/AN/A5,062,8004,851,6309,763,08017,975,430
2019-11-25$22.39$20.0036.5%10.7%35.3%0.3%37.7%2.0%3.2%55.2M-5.05B-43.5M0.914.69N/AN/A2,349,0902,135,9859,006,10517,640,720
2019-11-26$21.91$20.0033.8%9.9%33.4%0.0%35.0%2.0%4.6%-60.4M-3.62B-43.5M0.842.95N/AN/A1,972,8751,653,0609,503,91018,414,885
2019-11-27$22.07$20.0033.4%9.7%33.4%0.0%34.6%2.0%3.7%-10.1M-4.32B-43.4M0.752.73N/AN/A1,887,7801,407,4059,771,85518,600,075
2019-11-29$21.98$20.0035.0%10.0%33.5%4.1%35.5%2.3%3.4%-90.0M-4.25B-42.9M0.993.51N/AN/A1,109,8351,098,45010,099,51518,878,415