TSLA Options History — March 2021

In March 2021, TSLA traded between $188.34 and $238.49. ATM implied volatility averaged 73.1%, placing in the 20.8% IV rank vs the trailing year. The 30-day expected move averaged 20.6%. IV traded below realized volatility by 5.2% (HV 20d: 78.4%). Max pain ranged from $220.00 to $250.00. Net GEX was positive for 21 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 0.77.

Notable Days

  • 2021-03-05: Highest Volume — 7,158,744 contracts
  • 2021-03-03: Largest IV spike — 12.8% change
  • 2021-03-08: Highest IV Rank — 30.9%
  • 2021-03-08: Largest Expected Move — 24.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$218.82$188.34$238.49$238.49$222.83
Max Pain$239.49$220.00$250.00$223.33$233.33
ATM IV73.1%63.5%85.7%63.5%67.4%
Expected Move20.6%17.6%24.0%17.8%17.6%
HV 20d78.4%50.3%90.7%55.1%86.2%
HV 60d63.9%56.0%68.3%56.0%68.3%
IV Rank20.8%9.2%30.9%9.2%17.9%
IV Percentile41.6%17.1%65.9%17.1%28.2%
Term Structure0.3%-2.2%2.4%0.7%-0.6%
VWIV73.0%61.9%84.9%63.7%61.9%
Skew 25d10.1%8.0%13.3%8.2%8.0%
Skew 10d20.8%14.6%27.8%21.6%14.6%
Call IV 25d68.6%60.6%81.0%60.6%62.9%
Put IV 25d78.7%68.8%93.0%68.8%70.9%
Bid-Ask Spread %4.251.7611.788.271.76
Gamma HHI0.040.030.150.060.03
Net GEX290.4M-181.1M735.3M331.9M735.3M
Net DEX-62.86B-83.24B-38.54B-79.24B-68.05B
Net VEX-390.8M-419.8M-355.7M-409.7M-389.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.460.990.560.46
Total Volume3,353,056.3041,831,3807,158,7442,249,1633,425,397
Total OI16,561,725.91314,171,11818,220,09816,669,96815,214,653

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$238.49$223.3363.5%17.8%55.1%9.2%63.7%8.2%0.7%331.9M-79.24B-409.7M0.568.27N/AN/A1,444,821804,3427,520,9079,149,061
2021-03-02$229.53$223.3365.2%18.2%52.5%10.8%64.6%9.4%-0.0%206.1M-68.70B-404.5M0.848.85N/AN/A992,820838,5607,711,9359,258,459
2021-03-03$219.12$220.0073.6%21.8%50.3%19.0%75.8%13.2%-0.9%85.6M-58.36B-384.3M0.8811.78N/AN/A1,350,2791,189,1647,783,7079,337,692
2021-03-04$205.65$250.0077.7%21.6%53.2%23.1%75.1%13.3%-2.1%-43.5M-45.75B-377.1M0.954.65N/AN/A2,265,6452,160,9247,892,0049,428,802
2021-03-05$200.49$250.0081.1%22.6%53.3%26.5%80.2%11.0%-2.2%-181.1M-42.53B-373.6M0.874.18N/AN/A3,834,8583,323,8868,083,8849,406,953
2021-03-08$188.34$248.3385.7%24.0%55.0%30.9%84.9%12.0%-1.1%133.6M-38.54B-355.7M0.944.29N/AN/A1,510,5991,427,3347,708,9209,158,022
2021-03-09$222.26$245.0074.9%21.3%85.7%20.3%75.1%9.7%-0.5%477.4M-70.40B-406.7M0.604.56N/AN/A2,919,0871,743,8827,934,7609,318,273
2021-03-10$222.73$245.0081.2%22.9%85.8%26.5%81.3%11.0%-1.2%475.5M-71.40B-415.1M0.704.92N/AN/A2,463,1801,734,8438,121,9789,502,107
2021-03-11$232.63$245.0076.6%21.9%86.6%22.0%80.1%9.6%-0.5%666.0M-83.24B-419.8M0.634.36N/AN/A1,803,8281,141,4168,343,9489,674,964
2021-03-12$230.31$243.3373.8%21.1%86.5%19.3%75.4%10.0%-0.2%465.9M-79.02B-416.9M0.732.42N/AN/A2,226,4711,624,0298,438,8089,781,290
2021-03-15$235.58$243.3370.3%20.2%87.0%15.8%71.1%8.6%1.7%523.8M-82.73B-414.8M0.542.94N/AN/A1,453,530782,6527,858,3059,307,182
2021-03-16$226.70$245.0071.9%20.6%87.6%17.4%72.1%10.4%1.4%388.1M-72.88B-396.4M0.743.69N/AN/A1,484,7601,097,6558,014,0449,414,195
2021-03-17$232.73$245.0069.4%19.9%88.5%15.0%70.9%9.8%2.2%520.0M-79.37B-404.0M0.842.82N/AN/A1,819,0291,523,8658,123,1519,578,499
2021-03-18$218.50$243.3377.3%22.1%90.7%22.7%78.0%11.5%1.4%160.5M-63.14B-393.2M0.832.71N/AN/A1,637,2801,365,7058,221,1829,741,852
2021-03-19$216.29$241.6772.8%20.7%90.7%19.8%71.8%12.4%2.1%94.7M-60.24B-388.9M0.844.56N/AN/A2,438,6312,037,0638,311,2849,779,532
2021-03-22$226.03$241.6769.7%19.5%88.2%20.0%68.9%8.9%2.4%405.4M-67.56B-391.1M0.554.03N/AN/A1,770,810978,8496,965,1907,205,928
2021-03-23$220.46$240.0067.2%18.8%88.6%17.7%66.4%8.3%2.3%319.1M-60.76B-381.6M0.723.24N/AN/A1,369,185987,6427,210,6867,352,406
2021-03-24$210.90$240.0071.7%20.1%88.4%23.8%71.3%9.6%1.8%156.1M-51.68B-374.0M0.972.99N/AN/A1,434,3061,389,9727,386,7867,469,859
2021-03-25$213.91$238.3369.5%19.3%85.2%20.7%68.5%9.0%1.6%200.4M-54.27B-377.7M0.993.06N/AN/A1,725,2071,706,3557,545,5557,651,824
2021-03-26$204.23$235.0074.3%20.6%86.5%27.2%74.3%8.9%1.5%21.0M-45.32B-367.2M0.903.25N/AN/A2,429,1362,185,0897,656,8017,735,347
2021-03-29$203.07$235.0075.5%21.0%84.6%29.0%77.8%10.3%-1.5%158.0M-46.66B-366.9M0.982.37N/AN/A1,074,0541,057,0237,284,8527,356,474
2021-03-30$212.20$233.3371.6%19.3%85.8%23.6%69.7%8.7%-1.1%379.9M-55.92B-379.1M0.732.11N/AN/A1,821,1051,326,0277,456,6267,521,009
2021-03-31$222.83$233.3367.4%17.6%86.2%17.9%61.9%8.0%-0.6%735.3M-68.05B-389.9M0.461.76N/AN/A2,346,2251,079,1727,630,3867,584,267