TSLA Options History — January 2020

In January 2020, TSLA traded between $28.64 and $43.15. ATM implied volatility averaged 64.4%, placing in the 75.3% IV rank vs the trailing year. The 30-day expected move averaged 17.7%. IV traded above realized volatility by 16.9% (HV 20d: 47.5%). Max pain ranged from $22.00 to $34.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.74.

Notable Days

  • 2020-01-22: Highest Volume — 14,987,460 contracts
  • 2020-01-30: Largest IV drop — 22.2% change
  • 2020-01-22: Highest IV Rank — 100.0%
  • 2020-01-22: Largest Expected Move — 21.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.24$28.64$43.15$28.64$43.15
Max Pain$30.15$22.00$34.00$22.00$34.00
ATM IV64.4%53.1%74.8%53.6%53.1%
Expected Move17.7%12.0%21.4%13.4%15.3%
HV 20d47.5%30.2%61.6%31.4%61.6%
HV 60d47.4%41.0%54.3%47.1%45.1%
IV Rank75.3%47.7%100.0%49.4%47.7%
IV Percentile85.7%56.0%100.0%58.7%56.3%
Term Structure-2.7%-4.4%0.9%0.9%-0.1%
VWIV63.9%42.9%79.7%48.2%54.9%
Skew 25d0.5%-2.0%3.0%2.0%1.1%
Skew 10d0.9%-5.5%5.2%4.0%2.8%
Call IV 25d65.5%52.4%78.9%52.7%53.4%
Put IV 25d66.0%53.8%76.9%54.8%54.5%
Bid-Ask Spread %7.973.6218.353.6218.35
Gamma HHI0.070.030.250.040.14
Net GEX172.9M-185.7M492.2M155.3M238.1M
Net DEX-19.15B-29.96B-12.17B-12.17B-28.30B
Net VEX-77.3M-94.2M-54.6M-54.6M-93.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.560.880.800.82
Total Volume9,120,465.7143,574,33514,987,4605,099,7609,002,685
Total OI32,398,964.28625,110,66040,419,97530,733,74033,306,495

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-01-02$28.64$22.0053.6%13.4%31.4%49.4%48.2%2.0%0.9%155.3M-12.17B-54.6M0.803.62N/AN/A2,840,7602,259,0009,841,63520,892,105
2020-01-03$29.63$22.3353.1%12.0%31.4%48.1%42.9%1.4%0.9%326.6M-15.18B-55.2M0.694.47N/AN/A6,121,0354,245,93010,227,93021,544,395
2020-01-06$30.04$26.6755.1%14.7%30.2%53.0%52.5%1.1%-1.7%161.2M-14.34B-56.3M0.885.73N/AN/A2,307,8852,041,3059,548,50520,785,095
2020-01-07$31.30$26.6758.3%15.3%31.5%60.6%54.2%-1.1%-2.5%247.7M-17.48B-60.1M0.6011.19N/AN/A5,699,9703,435,46510,038,09021,419,115
2020-01-08$33.05$27.6764.9%16.7%34.2%76.9%59.7%-1.7%-3.3%306.4M-21.75B-62.6M0.568.83N/AN/A9,503,5355,350,18510,633,78522,249,275
2020-01-09$32.08$29.3366.4%17.2%38.3%80.5%61.1%-0.5%-3.7%146.2M-17.77B-68.2M0.658.42N/AN/A8,028,6905,197,30511,842,41023,569,830
2020-01-10$31.76$29.3363.6%16.6%39.4%73.6%59.3%1.1%-4.2%63.1M-16.14B-69.7M0.787.15N/AN/A4,944,4653,860,29512,706,90524,577,755
2020-01-13$34.91$29.6765.3%17.3%48.5%77.7%61.8%-0.0%-3.3%247.2M-22.73B-69.3M0.757.14N/AN/A6,773,9555,111,01011,212,50022,819,350
2020-01-14$35.99$30.0071.5%19.2%47.9%93.1%68.9%0.8%-3.9%286.4M-25.08B-74.9M0.704.55N/AN/A6,730,9654,720,45512,036,79524,091,320
2020-01-15$34.69$30.3370.5%19.0%50.3%90.4%68.3%0.8%-3.8%114.4M-20.11B-80.4M0.767.16N/AN/A3,547,7852,708,50512,749,32525,375,140
2020-01-16$34.23$31.0068.1%18.5%51.2%84.7%66.5%1.0%-4.4%-13.0M-18.28B-81.3M0.786.96N/AN/A5,907,7804,579,95013,309,27526,028,630
2020-01-17$33.96$31.3364.9%17.8%51.1%76.8%63.7%3.0%-4.2%-185.7M-17.79B-80.6M0.746.78N/AN/A4,985,0703,678,73513,865,41526,554,560
2020-01-21$36.51$31.3368.7%19.5%55.1%86.1%69.9%0.4%-3.3%214.7M-16.83B-80.1M0.626.65N/AN/A5,491,1103,410,4159,874,18515,236,475
2020-01-22$37.79$31.6774.8%21.4%55.1%100.0%79.7%-2.0%-3.6%306.1M-20.22B-86.0M0.659.82N/AN/A9,061,3355,926,12510,650,70516,451,505
2020-01-23$38.22$33.0068.9%19.9%54.7%85.8%72.7%0.4%-3.8%199.4M-19.60B-89.4M0.698.79N/AN/A5,065,9953,499,59011,545,24517,984,385
2020-01-24$37.32$33.3368.7%20.1%56.4%85.3%72.9%1.0%-3.8%-93.4M-16.83B-91.1M0.878.17N/AN/A4,214,6853,666,37512,185,98518,536,670
2020-01-27$37.10$33.3371.2%21.3%56.9%91.4%77.4%1.5%-3.2%101.5M-15.05B-92.0M0.725.19N/AN/A2,636,1001,904,85010,330,20016,678,065
2020-01-28$37.80$33.3368.9%20.8%56.5%85.7%75.4%0.7%-3.2%138.8M-17.06B-94.2M0.805.81N/AN/A1,990,2751,584,06011,100,09017,309,580
2020-01-29$38.84$33.3368.9%21.2%53.5%85.9%75.9%-0.8%-2.6%178.5M-19.57B-92.8M0.8417.14N/AN/A3,835,3353,228,25511,646,61517,773,830
2020-01-30$43.00$33.5053.6%15.4%61.3%48.9%55.9%-0.1%-0.2%492.2M-29.96B-91.4M0.795.44N/AN/A6,963,7355,468,82012,629,79019,219,290
2020-01-31$43.15$34.0053.1%15.3%61.6%47.7%54.9%1.1%-0.1%238.1M-28.30B-93.9M0.8218.35N/AN/A4,953,0754,049,61012,913,32020,393,175