TSLA Options History — July 2023

In July 2023, TSLA traded between $256.03 and $294.45. ATM implied volatility averaged 51.4%, placing in the 15.0% IV rank vs the trailing year. The 30-day expected move averaged 14.7%. IV traded above realized volatility by 1.7% (HV 20d: 49.7%). Max pain ranged from $225.00 to $260.00. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.66.

Notable Days

  • 2023-07-20: Highest Volume — 4,055,349 contracts
  • 2023-07-20: Largest IV drop — 16.9% change
  • 2023-07-18: Highest IV Rank — 28.1%
  • 2023-07-05: Largest Expected Move — 17.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$273.58$256.03$294.45$278.21$266.40
Max Pain$250.00$225.00$260.00$230.00$260.00
ATM IV51.4%42.0%58.4%56.5%42.6%
Expected Move14.7%11.9%17.7%17.4%12.1%
HV 20d49.7%45.0%55.5%48.1%51.8%
HV 60d46.7%40.8%48.9%48.6%45.8%
IV Rank15.0%0.0%28.1%24.5%1.2%
IV Percentile18.8%0.0%41.3%30.6%0.4%
Term Structure-0.9%-1.8%0.4%-1.3%-0.2%
VWIV52.7%42.2%63.2%62.3%43.1%
Skew 25d-0.5%-3.0%1.3%-1.5%1.1%
Skew 10d-1.7%-6.5%1.8%-3.5%1.3%
Call IV 25d52.8%42.1%61.2%58.1%43.1%
Put IV 25d52.4%43.3%58.7%56.6%44.2%
Bid-Ask Spread %2.091.322.991.592.99
Gamma HHI0.050.020.300.030.02
Net GEX537.1M-19.9M1.39B719.6M368.5M
Net DEX-53.50B-72.38B-32.25B-62.67B-43.26B
Net VEX-292.0M-303.5M-281.1M-299.0M-284.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.500.860.630.76
Total Volume2,034,639.151,021,8764,055,3491,913,5381,141,040
Total OI9,025,462.458,453,99510,062,4348,684,2288,578,818

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$278.21$230.0056.5%17.4%48.1%24.5%62.3%-1.5%-1.3%719.6M-62.67B-299.0M0.631.59N/AN/A1,173,694739,8444,728,3983,955,830
2023-07-05$282.78$230.0056.6%17.7%48.1%24.7%63.2%-1.7%-1.5%849.2M-66.09B-299.3M0.681.32N/AN/A951,349648,0754,880,7854,063,336
2023-07-06$277.23$225.0056.9%15.6%49.5%25.2%56.1%-0.9%-1.6%728.2M-60.80B-298.9M0.721.97N/AN/A1,044,163747,5004,970,0204,169,919
2023-07-07$274.77$230.0055.0%15.2%50.0%21.5%56.8%-0.2%-1.4%612.8M-58.05B-296.3M0.632.22N/AN/A1,556,468973,5345,022,0624,220,873
2023-07-10$268.73$225.0056.2%15.5%49.4%23.8%55.3%0.4%-1.5%445.1M-51.63B-288.0M0.732.53N/AN/A894,182652,4394,709,7383,866,503
2023-07-11$269.60$245.0054.9%15.2%47.6%21.3%55.1%0.1%-1.5%506.5M-52.72B-288.7M0.612.28N/AN/A632,870389,0064,849,4043,992,893
2023-07-12$272.13$250.0053.0%14.8%47.3%17.7%52.7%-0.0%-1.4%661.4M-55.48B-286.0M0.632.47N/AN/A811,217513,0884,935,9124,033,675
2023-07-13$278.83$250.0053.5%15.0%46.6%18.6%53.6%-1.2%-1.6%914.1M-61.73B-290.5M0.562.30N/AN/A1,296,357721,2884,997,9354,072,338
2023-07-14$280.62$255.0054.1%15.2%46.4%19.8%54.3%-1.8%-1.7%1.39B-63.96B-293.0M0.582.22N/AN/A2,119,3651,230,2945,096,9654,128,049
2023-07-17$289.94$260.0058.2%16.5%47.4%27.7%59.1%-2.3%-1.5%694.9M-68.82B-298.0M0.571.88N/AN/A1,066,057610,3404,867,3643,950,480
2023-07-18$294.45$260.0058.4%16.7%47.3%28.1%59.6%-3.0%-1.8%723.1M-72.38B-298.7M0.501.98N/AN/A743,788368,2415,015,2774,156,547
2023-07-19$291.82$260.0058.3%16.7%45.0%28.0%59.9%-2.5%-1.8%721.3M-70.15B-303.5M0.662.41N/AN/A1,151,121763,1815,114,4204,235,483
2023-07-20$264.11$260.0048.5%13.9%55.5%8.8%51.1%-0.4%-0.2%-5.5M-41.40B-288.9M0.562.30N/AN/A2,605,4421,449,9075,269,1244,396,919
2023-07-21$261.12$260.0046.2%13.2%55.5%4.3%47.5%0.0%-0.1%-19.9M-39.54B-288.9M0.832.60N/AN/A2,038,8551,688,2065,577,6684,484,766
2023-07-24$268.77$260.0045.0%12.9%54.9%2.0%46.3%0.1%0.1%312.2M-44.09B-291.0M0.641.47N/AN/A1,153,088742,7614,742,8533,711,142
2023-07-25$266.09$260.0044.5%12.7%51.0%1.1%46.0%1.0%0.4%317.3M-42.28B-291.0M0.681.83N/AN/A839,276572,1784,905,1733,829,326
2023-07-26$264.60$260.0043.5%12.4%50.0%0.0%44.1%0.8%0.3%243.1M-40.43B-288.6M0.651.76N/AN/A867,436566,7824,973,7283,881,040
2023-07-27$256.03$260.0044.1%12.5%50.9%1.2%44.8%1.3%0.3%50.4M-32.25B-281.1M0.801.83N/AN/A1,329,4681,060,2555,041,0763,922,115
2023-07-28$265.44$260.0042.0%11.9%52.5%0.0%42.2%1.1%0.4%509.0M-42.24B-285.0M0.861.80N/AN/A1,527,2231,313,4055,129,1364,032,159
2023-07-31$266.40$260.0042.6%12.1%51.8%1.2%43.1%1.1%-0.2%368.5M-43.26B-284.7M0.762.99N/AN/A648,797492,2434,757,6103,821,208