TSLA Options History — February 2023

In February 2023, TSLA traded between $182.59 and $212.84. ATM implied volatility averaged 70.2%, placing in the 46.4% IV rank vs the trailing year. The 30-day expected move averaged 20.1%. IV traded above realized volatility by 1.3% (HV 20d: 68.8%). Max pain ranged from $145.00 to $183.33. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.72.

Notable Days

  • 2023-02-10: Highest Volume — 4,756,123 contracts
  • 2023-02-23: Largest IV drop — 5.6% change
  • 2023-02-21: Highest IV Rank — 53.6%
  • 2023-02-21: Largest Expected Move — 21.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$199.56$182.59$212.84$182.59$205.96
Max Pain$171.75$145.00$183.33$145.00$183.33
ATM IV70.2%64.9%73.6%68.3%64.9%
Expected Move20.1%18.8%21.7%19.9%19.7%
HV 20d68.8%52.3%73.0%70.9%52.3%
HV 60d78.1%76.8%80.1%80.1%77.0%
IV Rank46.4%35.2%53.6%42.5%35.2%
IV Percentile71.3%48.4%84.9%67.9%48.4%
Term Structure-1.3%-2.3%1.9%-1.6%1.9%
VWIV72.0%67.8%77.2%72.2%69.4%
Skew 25d2.2%-1.2%4.4%0.5%3.5%
Skew 10d4.8%-1.6%9.3%0.3%7.3%
Call IV 25d70.5%63.7%74.8%69.8%63.7%
Put IV 25d72.7%67.3%77.0%70.4%67.3%
Bid-Ask Spread %1.591.252.042.042.02
Gamma HHI0.040.020.130.030.03
Net GEX390.0M69.5M645.1M426.5M365.6M
Net DEX-36.09B-49.36B-26.07B-31.77B-32.72B
Net VEX-293.8M-311.7M-269.9M-269.9M-292.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.720.540.910.660.60
Total Volume2,951,826.9471,557,5584,756,1232,484,0501,557,558
Total OI10,539,256.3169,743,07811,577,93310,463,60610,059,881

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$182.59$145.0068.3%19.9%70.9%42.5%72.2%0.5%-1.6%426.5M-31.77B-269.9M0.662.04N/AN/A1,494,745989,3056,222,3984,241,208
2023-02-02$187.31$160.0069.4%18.8%70.6%44.6%67.8%-0.6%-2.2%482.6M-35.29B-277.0M0.541.87N/AN/A2,611,6331,408,0366,287,2584,358,442
2023-02-03$189.86$163.3371.5%19.7%69.1%49.3%70.3%-1.2%-2.3%547.2M-36.25B-286.0M0.641.69N/AN/A2,840,2711,817,3566,377,4104,484,903
2023-02-06$194.53$166.6772.5%20.2%69.1%51.3%72.1%-0.4%-1.5%376.4M-36.98B-294.6M0.561.80N/AN/A1,370,545762,4146,048,8104,112,876
2023-02-07$196.27$166.6769.2%19.4%68.2%44.3%69.5%0.1%-1.4%402.0M-36.80B-289.2M0.681.63N/AN/A1,303,033880,4876,110,3964,254,900
2023-02-08$201.26$166.6770.8%20.0%66.5%47.7%71.8%-1.0%-1.2%503.0M-40.71B-294.9M0.541.63N/AN/A1,708,030927,2756,163,4064,334,213
2023-02-09$207.30$170.0072.4%20.4%66.4%51.0%73.5%0.2%-1.3%594.9M-45.61B-304.6M0.731.87N/AN/A2,280,9071,656,5626,278,5454,451,530
2023-02-10$196.31$170.0070.5%20.0%71.9%47.0%72.2%3.5%-1.3%69.5M-32.46B-290.5M0.911.62N/AN/A2,486,2042,269,9196,344,4854,694,284
2023-02-13$195.19$170.0071.5%20.4%71.7%49.2%72.6%4.4%-1.5%298.0M-32.03B-287.4M0.831.66N/AN/A1,067,714886,1206,033,1684,323,712
2023-02-14$208.67$173.3371.6%20.5%71.2%49.4%73.5%2.5%-1.3%522.7M-44.53B-304.3M0.721.37N/AN/A1,788,1131,282,0906,211,9414,456,616
2023-02-15$212.84$173.3371.7%20.6%69.2%49.6%73.6%2.1%-1.3%645.1M-49.36B-311.7M0.621.25N/AN/A1,592,094984,5536,416,4334,639,621
2023-02-16$203.13$175.0073.4%21.1%73.0%53.2%74.7%3.9%-1.6%395.5M-38.87B-305.0M0.861.49N/AN/A2,106,8991,812,7606,506,6234,760,449
2023-02-17$206.59$180.0070.3%20.3%72.7%46.7%72.7%3.6%-1.7%371.1M-41.41B-307.9M0.871.32N/AN/A2,495,5302,163,5326,629,6004,948,333
2023-02-21$199.32$180.0073.6%21.7%72.9%53.6%77.2%4.4%-2.1%248.6M-29.39B-295.9M0.741.46N/AN/A1,238,571914,6675,827,9143,993,279
2023-02-22$199.19$180.0071.8%21.2%72.9%49.8%75.1%4.3%-2.0%300.8M-29.40B-294.0M0.791.39N/AN/A1,453,3211,141,0316,011,8264,109,507
2023-02-23$202.12$180.0067.7%19.9%72.9%41.2%70.6%3.9%-1.6%395.7M-31.81B-294.8M0.691.38N/AN/A1,361,226936,4706,127,0664,211,847
2023-02-24$196.17$180.0066.6%19.5%68.4%38.8%68.9%4.2%-1.5%93.9M-26.07B-286.4M0.851.30N/AN/A1,492,5241,273,1506,196,7094,273,203
2023-02-27$207.00$180.0065.6%19.6%58.2%36.7%69.9%3.8%1.6%370.2M-34.18B-294.8M0.771.45N/AN/A975,434754,6335,790,7513,952,327
2023-02-28$205.96$183.3364.9%19.7%52.3%35.2%69.4%3.5%1.9%365.6M-32.72B-292.9M0.602.02N/AN/A973,982583,5765,941,6924,118,189