TSLA Options History — April 2020

In April 2020, TSLA traded between $30.14 and $53.28. ATM implied volatility averaged 96.3%, placing in the 51.2% IV rank vs the trailing year. The 30-day expected move averaged 28.1%. IV traded below realized volatility by 23.9% (HV 20d: 120.2%). Max pain ranged from $38.67 to $45.67. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.97.

Notable Days

  • 2020-04-30: Highest Volume — 11,008,545 contracts
  • 2020-04-28: Largest IV drop — 11.3% change
  • 2020-04-15: Highest IV Rank — 61.8%
  • 2020-04-15: Largest Expected Move — 31.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.23$30.14$53.28$31.95$52.83
Max Pain$41.87$38.67$45.67$38.67$45.67
ATM IV96.3%74.0%109.3%108.3%74.0%
Expected Move28.1%22.1%31.3%30.2%22.1%
HV 20d120.2%83.1%153.6%150.7%83.1%
HV 60d136.4%126.2%138.9%134.5%126.2%
IV Rank51.2%33.1%61.8%61.0%33.1%
IV Percentile89.6%77.4%95.2%95.2%77.4%
Term Structure-2.5%-4.4%1.9%-0.7%-0.5%
VWIV102.8%81.8%115.5%107.7%81.8%
Skew 25d6.0%-2.8%22.5%22.5%4.3%
Skew 10d11.3%-4.9%39.4%39.4%8.2%
Call IV 25d96.0%74.1%113.0%96.9%74.1%
Put IV 25d101.9%78.3%119.4%119.4%78.3%
Bid-Ask Spread %16.757.1641.2441.2425.20
Gamma HHI0.030.020.150.020.03
Net GEX58.6M-100.7M223.7M-59.8M102.1M
Net DEX-13.82B-23.97B3.42B1.23B-22.31B
Net VEX-139.4M-151.5M-114.5M-120.7M-145.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.691.651.590.93
Total Volume6,528,790.7143,331,60511,008,5454,150,84511,008,545
Total OI27,439,594.28625,003,53030,559,23027,086,23527,726,150

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-04-01$31.95$38.67108.3%30.2%150.7%61.0%107.7%22.5%-0.7%-59.8M1.23B-120.7M1.5941.24N/AN/A1,599,5252,551,32010,316,43016,769,805
2020-04-02$30.14$40.00102.9%28.9%151.3%56.6%104.3%18.4%1.9%-100.7M3.42B-114.5M1.6526.93N/AN/A2,099,6553,466,77010,542,67517,101,140
2020-04-03$31.74$40.00101.6%28.4%153.6%55.6%101.6%18.3%0.9%-53.7M1.31B-119.4M1.2123.16N/AN/A4,954,0506,011,62510,844,07017,480,175
2020-04-06$34.17$40.0093.7%26.0%151.0%49.2%95.2%16.4%-2.2%-15.8M-1.48B-121.4M1.0122.43N/AN/A2,055,3002,082,6459,907,68016,437,480
2020-04-07$36.59$40.0089.8%24.9%152.5%46.0%90.8%13.2%-2.6%65.8M-5.11B-127.4M1.0122.34N/AN/A3,553,9203,575,59510,260,49516,811,340
2020-04-08$36.38$40.0091.6%25.3%152.5%47.4%91.2%12.9%-3.4%6.0M-4.46B-127.9M1.1422.18N/AN/A2,686,6803,056,53510,658,61017,626,005
2020-04-09$38.06$40.0088.7%24.7%147.6%45.1%90.4%8.7%-3.3%223.7M-7.90B-129.7M0.9626.46N/AN/A3,544,2903,401,91010,847,71517,925,660
2020-04-13$43.25$40.0097.2%27.5%152.7%52.0%99.5%1.4%-2.8%86.0M-14.12B-138.1M0.7411.98N/AN/A4,926,1353,654,2709,882,93016,445,400
2020-04-14$47.55$40.00102.1%29.1%141.8%56.0%109.5%-2.8%-2.9%144.7M-21.01B-147.8M0.748.40N/AN/A5,872,9504,370,26510,410,72017,345,970
2020-04-15$48.57$41.33109.3%31.3%138.0%61.8%115.5%2.1%-3.3%57.2M-20.91B-150.6M0.947.16N/AN/A3,679,7703,468,28510,775,05518,338,040
2020-04-16$49.69$42.67107.7%31.0%113.3%60.5%113.5%1.0%-2.8%81.7M-23.00B-151.5M0.798.03N/AN/A4,727,0103,731,53511,096,61018,750,405
2020-04-17$50.06$43.33101.9%29.5%97.1%55.9%107.7%0.8%-3.0%113.7M-23.97B-150.6M0.928.86N/AN/A3,786,2403,472,17011,512,48519,046,745
2020-04-20$50.14$43.33101.8%30.1%97.5%55.7%109.3%1.6%-4.3%89.9M-19.94B-149.9M0.909.42N/AN/A2,281,8752,051,0259,249,19516,011,015
2020-04-21$46.32$43.33101.8%30.4%103.5%55.8%114.4%5.5%-4.4%7.3M-13.79B-149.4M1.0111.48N/AN/A3,075,6903,117,1209,700,96516,553,730
2020-04-22$48.36$43.33100.1%30.2%91.3%54.3%109.1%3.1%-4.0%68.9M-17.66B-148.7M0.8010.14N/AN/A2,883,2552,318,2659,961,96516,881,780
2020-04-23$47.17$43.3398.2%29.6%89.8%52.8%109.5%2.0%-4.2%8.4M-15.59B-147.7M0.8211.03N/AN/A2,780,0102,269,30510,214,22017,164,320
2020-04-24$48.41$43.3391.8%28.0%86.5%47.6%102.4%0.6%-4.0%147.4M-18.00B-146.0M0.8513.17N/AN/A3,473,0402,954,07010,436,04017,388,300
2020-04-27$52.92$43.3393.3%29.9%90.0%48.8%109.0%-0.8%-2.4%95.9M-22.97B-148.0M0.6910.70N/AN/A3,031,6052,079,2259,114,51015,889,020
2020-04-28$51.22$43.3382.7%26.4%90.0%40.2%96.8%-1.0%-1.8%67.6M-20.47B-147.7M0.8214.18N/AN/A1,833,9151,497,6909,525,07516,641,300
2020-04-29$53.28$44.3383.3%27.4%90.2%40.7%99.6%-2.4%-2.4%94.1M-23.50B-144.7M0.7917.31N/AN/A2,306,3551,815,1659,684,46516,955,790
2020-04-30$52.83$45.6774.0%22.1%83.1%33.1%81.8%4.3%-0.5%102.1M-22.31B-145.8M0.9325.20N/AN/A5,718,5555,289,99010,160,04017,566,110