TSLA Options History — April 2023

In April 2023, TSLA traded between $154.06 and $194.77. ATM implied volatility averaged 57.0%, placing in the 18.7% IV rank vs the trailing year. The 30-day expected move averaged 16.4%. IV traded above realized volatility by 5.8% (HV 20d: 51.2%). Max pain ranged from $175.00 to $190.00. Net GEX was positive for 12 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 0.88.

Notable Days

  • 2023-04-20: Highest Volume — 3,929,008 contracts
  • 2023-04-21: Largest IV drop — 10.6% change
  • 2023-04-12: Highest IV Rank — 32.3%
  • 2023-04-04: Largest Expected Move — 19.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$177.04$154.06$194.77$194.77$163.99
Max Pain$183.16$175.00$190.00$183.33$175.00
ATM IV57.0%45.6%63.5%61.5%45.6%
Expected Move16.4%12.9%19.3%18.8%12.9%
HV 20d51.2%38.3%59.3%52.6%59.3%
HV 60d59.4%53.4%63.1%61.7%53.4%
IV Rank18.7%0.0%32.3%27.9%0.0%
IV Percentile21.6%0.0%42.1%34.9%0.0%
Term Structure-0.9%-2.4%0.4%-1.0%-0.2%
VWIV57.6%45.5%67.9%66.0%45.5%
Skew 25d5.8%5.0%7.1%5.8%5.0%
Skew 10d10.4%9.5%12.5%10.8%9.5%
Call IV 25d54.5%44.0%61.0%58.8%44.0%
Put IV 25d60.3%49.0%67.2%64.6%49.0%
Bid-Ask Spread %2.001.292.551.361.29
Gamma HHI0.040.020.160.020.07
Net GEX29.7M-253.7M230.6M177.4M156.0M
Net DEX-8.67B-20.89B3.83B-20.89B-4.39B
Net VEX-231.2M-265.0M-192.7M-265.0M-207.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.541.400.540.84
Total Volume1,969,035.368712,6393,929,0082,456,3632,472,921
Total OI8,964,675.8958,321,3469,728,0748,747,3608,965,212

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$194.77$183.3361.5%18.8%52.6%27.9%66.0%5.8%-1.0%177.4M-20.89B-265.0M0.541.36N/AN/A1,595,710860,6535,048,7113,698,649
2023-04-04$191.19$183.3363.1%19.3%51.9%31.3%67.9%5.7%-0.6%118.0M-16.64B-258.4M0.831.38N/AN/A944,718788,6095,129,9033,839,567
2023-04-05$186.11$183.3362.9%19.2%51.0%30.9%67.2%6.0%-1.0%-50.5M-12.29B-252.8M0.682.06N/AN/A1,146,188777,1975,208,1673,915,326
2023-04-06$185.29$190.0060.9%17.0%47.4%26.7%60.2%5.7%-0.8%5.6M-11.86B-250.1M0.822.19N/AN/A1,330,2831,094,9095,314,6773,956,868
2023-04-10$184.37$190.0062.9%17.5%47.5%30.8%62.0%5.8%-1.1%97.7M-12.77B-246.2M0.801.84N/AN/A912,173731,6454,957,6623,730,374
2023-04-11$187.28$185.0062.1%17.5%47.5%29.2%60.7%5.7%-0.7%178.3M-15.38B-250.9M0.571.80N/AN/A850,229484,5215,078,7073,848,425
2023-04-12$181.56$185.0063.5%17.9%47.7%32.3%62.4%6.2%-0.9%35.4M-10.79B-243.1M0.862.35N/AN/A1,096,448943,4345,141,7193,883,348
2023-04-13$186.15$185.0061.4%17.3%48.5%27.7%60.5%6.1%-1.5%230.6M-14.72B-247.5M0.702.09N/AN/A865,436603,1835,271,9443,916,909
2023-04-14$185.16$185.0058.7%16.6%47.9%22.0%58.3%5.4%-1.1%-146.4M-13.42B-244.0M0.832.09N/AN/A968,468807,9635,285,9483,986,993
2023-04-17$186.74$185.0058.4%16.6%47.1%21.2%58.5%5.4%-1.3%117.9M-14.39B-241.6M0.811.81N/AN/A567,728460,0254,986,5213,764,601
2023-04-18$184.83$185.0057.8%16.5%46.8%20.1%58.6%5.4%-1.4%108.0M-12.81B-240.2M0.891.86N/AN/A377,874334,7655,081,0823,853,347
2023-04-19$181.74$185.0059.1%17.0%38.3%22.9%60.5%5.8%-2.4%74.8M-10.49B-234.2M0.982.20N/AN/A677,933667,3955,134,5443,906,768
2023-04-20$161.53$185.0054.2%15.6%55.5%12.3%54.2%5.5%-0.4%-253.7M3.71B-202.1M0.882.55N/AN/A2,089,8881,839,1205,268,1074,013,869
2023-04-21$164.94$180.0048.5%13.9%56.5%0.2%49.1%5.3%0.4%-55.1M-310.7M-207.6M0.972.37N/AN/A1,315,8371,278,9135,611,5834,116,491
2023-04-24$162.81$180.0049.4%14.0%56.5%2.2%50.5%6.4%-0.9%-46.8M-445.8M-202.7M1.032.24N/AN/A919,571948,1984,764,1503,557,196
2023-04-25$161.28$180.0050.9%14.4%55.8%5.4%50.8%6.8%-0.7%-37.5M-341.8M-202.9M1.072.39N/AN/A723,950774,9584,898,3033,658,732
2023-04-26$154.06$180.0053.0%15.2%57.2%9.8%51.2%7.1%-0.6%-177.4M3.83B-192.7M1.402.13N/AN/A1,224,5861,714,8874,955,8483,707,768
2023-04-27$159.87$175.0049.1%14.1%58.4%1.4%49.7%5.6%-0.7%32.0M-399.9M-202.9M1.141.99N/AN/A1,038,5471,182,8095,075,5003,795,323
2023-04-28$163.99$175.0045.6%12.9%59.3%0.0%45.5%5.0%-0.2%156.0M-4.39B-207.8M0.841.29N/AN/A1,342,7491,130,1725,121,7903,843,422