TSLA Options History — May 2020

In May 2020, TSLA traded between $46.79 and $55.19. ATM implied volatility averaged 67.7%, placing in the 28.0% IV rank vs the trailing year. The 30-day expected move averaged 19.4%. IV traded below realized volatility by 9.0% (HV 20d: 76.7%). Max pain ranged from $40.00 to $46.67. Net GEX was positive for 17 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.76.

Notable Days

  • 2020-05-01: Highest Volume — 16,238,580 contracts
  • 2020-05-22: Largest IV drop — 6.7% change
  • 2020-05-01: Highest IV Rank — 41.2%
  • 2020-05-01: Largest Expected Move — 26.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.26$46.79$55.19$46.79$55.16
Max Pain$42.38$40.00$46.67$46.67$45.00
ATM IV67.7%56.7%83.9%83.9%57.3%
Expected Move19.4%15.9%26.2%26.2%15.9%
HV 20d76.7%58.5%94.7%93.8%59.2%
HV 60d114.1%107.6%117.2%115.9%107.7%
IV Rank28.0%19.0%41.2%41.2%19.5%
IV Percentile66.3%50.0%81.7%81.7%50.4%
Term Structure0.4%-1.5%2.9%-1.5%2.9%
VWIV70.4%57.2%96.6%96.6%57.3%
Skew 25d3.2%-0.9%16.5%16.5%0.9%
Skew 10d5.9%-4.9%37.0%37.0%1.6%
Call IV 25d67.9%57.0%78.1%78.1%57.0%
Put IV 25d71.2%57.7%94.6%94.6%57.9%
Bid-Ask Spread %21.7510.4532.6726.7530.68
Gamma HHI0.050.020.180.130.13
Net GEX115.6M-260.4M381.5M-260.4M381.5M
Net DEX-21.43B-27.74B-9.83B-9.83B-23.78B
Net VEX-145.1M-149.2M-140.4M-142.3M-140.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.760.521.191.190.69
Total Volume6,797,4363,985,80016,238,58016,238,5808,735,850
Total OI27,768,399.7524,904,81530,039,10528,672,20028,020,030

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-05-01$46.79$46.6783.9%26.2%93.8%41.2%96.6%16.5%-1.5%-260.4M-9.83B-142.3M1.1926.75N/AN/A7,401,0308,837,55010,541,97018,130,230
2020-05-04$50.08$40.0078.4%22.1%94.7%36.7%82.0%8.6%-0.7%45.6M-17.35B-147.6M0.8410.45N/AN/A3,281,5052,772,3309,865,56017,138,520
2020-05-05$51.16$40.0074.7%21.1%92.8%33.7%77.6%6.1%-0.6%113.7M-20.06B-147.0M0.9016.06N/AN/A3,344,4453,004,80010,360,60517,630,790
2020-05-06$52.27$40.0072.2%20.5%91.0%31.7%74.7%3.6%-0.3%146.1M-22.08B-145.0M0.8015.58N/AN/A2,688,1352,151,97510,558,95018,101,250
2020-05-07$51.94$40.0070.5%20.1%91.0%30.3%72.8%4.0%-0.2%123.7M-21.32B-143.5M0.7812.82N/AN/A3,247,5002,517,85510,732,06518,390,360
2020-05-08$54.67$40.0069.0%19.8%91.3%29.0%71.0%0.9%0.2%349.3M-27.74B-142.8M0.7216.52N/AN/A5,896,9354,275,48011,015,86518,601,950
2020-05-11$54.47$41.3371.3%20.3%81.7%30.9%73.3%-0.3%-0.5%129.9M-24.17B-148.8M0.6415.51N/AN/A3,210,4352,046,8259,950,71517,224,080
2020-05-12$54.23$41.3371.9%20.5%75.7%31.4%73.5%1.7%-0.3%143.4M-24.07B-144.5M0.7818.77N/AN/A3,403,1552,662,57510,507,33517,669,055
2020-05-13$52.34$42.0073.4%20.7%76.9%32.6%74.9%4.9%-0.4%30.0M-19.89B-148.1M1.0421.93N/AN/A3,944,7754,101,27010,683,55517,968,140
2020-05-14$53.49$42.0070.1%20.2%76.9%29.9%72.4%4.2%0.2%94.7M-22.17B-149.2M0.9618.07N/AN/A3,633,9603,489,37510,922,92518,503,670
2020-05-15$53.40$42.0066.5%19.1%76.9%27.0%69.1%4.3%0.4%246.0M-22.32B-147.2M0.8018.52N/AN/A3,784,8603,033,61511,184,31518,854,790
2020-05-18$54.17$42.6766.1%19.0%77.0%26.7%69.4%2.7%0.1%92.4M-20.91B-146.9M0.8319.61N/AN/A2,464,5902,050,8458,738,68516,166,130
2020-05-19$54.17$43.3364.4%18.5%70.5%25.3%66.3%3.1%0.6%120.2M-21.54B-144.2M0.5819.64N/AN/A2,560,3951,494,9909,303,81016,685,370
2020-05-20$54.31$43.3362.9%18.0%69.2%24.0%64.4%1.8%0.6%118.3M-21.70B-146.4M0.5523.59N/AN/A2,579,0851,406,7159,620,49017,015,595
2020-05-21$55.19$43.3364.5%18.5%68.4%25.4%67.5%-0.9%0.3%236.0M-24.18B-144.9M0.5725.00N/AN/A4,914,3302,811,1659,887,26517,302,425
2020-05-22$54.40$43.3360.2%17.1%68.4%21.9%62.8%1.7%1.2%-19.7M-22.06B-143.1M0.5230.71N/AN/A5,104,3952,653,69510,218,15017,573,445
2020-05-26$54.54$43.3360.5%17.2%60.9%22.1%62.7%-0.1%1.8%104.7M-21.70B-142.9M0.6330.33N/AN/A2,578,8901,614,1059,318,93016,532,385
2020-05-27$54.69$44.0059.8%17.0%59.6%21.6%62.0%0.3%2.2%121.2M-21.98B-146.1M0.6931.86N/AN/A3,870,3152,684,6559,880,60516,980,405
2020-05-28$53.65$44.0056.7%15.9%58.5%19.0%57.2%0.4%2.7%-5.4M-19.87B-140.4M0.6532.67N/AN/A3,461,0102,233,30510,208,55017,379,030
2020-05-29$55.16$45.0057.3%15.9%59.2%19.5%57.3%0.9%2.9%381.5M-23.78B-140.6M0.6930.68N/AN/A5,165,5503,570,30010,417,41017,602,620