TSLA Options History — December 2023

In December 2023, TSLA traded between $236.36 and $260.93. ATM implied volatility averaged 45.0%, placing in the 5.9% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded above realized volatility by 10.2% (HV 20d: 34.8%). Max pain ranged from $205.00 to $220.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.76.

Notable Days

  • 2023-12-14: Highest Volume — 3,436,167 contracts
  • 2023-12-26: Largest IV spike — 7.5% change
  • 2023-12-28: Highest IV Rank — 15.3%
  • 2023-12-28: Largest Expected Move — 13.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$247.05$236.36$260.93$238.19$249.27
Max Pain$210.75$205.00$220.00$220.00$220.00
ATM IV45.0%42.3%50.0%42.3%49.0%
Expected Move12.6%12.2%13.0%12.5%12.6%
HV 20d34.8%27.7%45.1%44.9%29.5%
HV 60d46.3%44.6%50.5%50.5%44.6%
IV Rank5.9%0.9%15.3%0.9%13.4%
IV Percentile15.0%1.6%44.0%1.6%38.1%
Term Structure1.2%-0.9%5.0%2.6%-0.0%
VWIV44.7%43.4%46.1%44.4%44.9%
Skew 25d0.8%0.3%1.3%1.0%0.8%
Skew 10d1.1%0.2%2.0%1.5%1.3%
Call IV 25d45.2%41.7%50.6%41.7%49.4%
Put IV 25d46.1%42.8%50.9%42.8%50.2%
Bid-Ask Spread %1.881.652.301.851.83
Gamma HHI0.050.030.110.040.04
Net GEX538.1M97.7M954.0M234.2M97.7M
Net DEX-32.43B-42.89B-25.31B-26.52B-27.52B
Net VEX-223.0M-227.4M-217.3M-227.4M-220.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.760.600.890.860.76
Total Volume2,126,549.551,224,8783,436,1673,021,6732,513,039
Total OI8,464,889.47,879,7569,095,7988,897,5408,452,950

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$238.19$220.0042.3%12.5%44.9%0.9%44.4%1.0%2.6%234.2M-26.52B-227.4M0.861.85N/AN/A1,622,2591,399,4144,806,3544,091,186
2023-12-04$236.36$205.0044.3%12.8%45.1%4.7%45.8%1.2%-0.0%342.7M-25.68B-225.3M0.882.01N/AN/A708,786620,8744,530,3233,829,243
2023-12-05$238.38$205.0044.3%12.7%45.0%4.6%45.5%1.3%0.2%453.0M-27.93B-225.0M0.771.89N/AN/A1,164,812901,3074,625,5783,900,578
2023-12-06$240.44$205.0044.8%12.7%44.8%5.5%45.1%1.3%0.0%495.8M-29.38B-226.3M0.892.16N/AN/A1,115,056988,7574,675,6133,971,134
2023-12-07$241.86$206.6744.6%12.7%44.8%5.2%44.8%1.1%0.1%559.5M-30.65B-225.1M0.821.87N/AN/A1,036,535852,5404,732,1054,012,016
2023-12-08$243.45$210.0042.7%12.3%38.1%1.7%43.7%0.7%0.4%706.9M-32.22B-222.5M0.771.82N/AN/A1,342,7251,031,8434,788,5104,067,887
2023-12-11$239.40$210.0044.7%12.6%38.6%5.3%45.9%0.5%-0.6%378.3M-27.92B-220.4M0.851.72N/AN/A732,186621,7004,545,3083,846,331
2023-12-12$236.71$210.0043.2%12.3%36.1%2.5%43.4%1.2%-0.3%332.2M-25.31B-217.3M0.652.04N/AN/A887,535576,9984,666,6073,924,643
2023-12-13$238.14$210.0043.1%12.2%29.8%2.4%43.6%1.0%-0.6%435.5M-27.13B-218.2M0.872.30N/AN/A1,445,1691,254,4974,739,3153,976,918
2023-12-14$250.33$210.0044.4%12.5%33.3%4.8%44.7%0.6%-0.7%954.0M-40.78B-226.3M0.701.85N/AN/A2,024,7101,411,4574,800,3064,037,467
2023-12-15$252.44$210.0043.8%12.4%29.2%3.7%43.9%0.5%-0.9%937.1M-42.89B-224.3M0.681.65N/AN/A1,750,6421,186,3324,892,0234,203,775
2023-12-18$252.14$210.0044.0%12.6%29.3%4.1%44.4%0.5%4.6%592.3M-34.72B-222.6M0.601.73N/AN/A1,082,429650,8364,326,7803,552,976
2023-12-19$256.46$210.0043.2%12.4%29.6%2.5%43.9%0.5%5.0%787.8M-38.68B-225.3M0.701.70N/AN/A876,706616,6204,460,7033,669,594
2023-12-20$248.94$210.0044.1%12.6%31.3%4.2%45.1%0.7%4.9%388.3M-30.73B-223.4M0.822.16N/AN/A1,191,330976,6574,498,5583,731,528
2023-12-21$254.30$210.0044.5%12.5%29.6%5.1%44.8%0.7%4.7%830.2M-36.33B-227.2M0.771.86N/AN/A1,112,071853,2034,595,4623,745,966
2023-12-22$252.52$210.0045.4%12.6%29.8%6.7%44.5%1.0%4.6%359.9M-34.21B-223.1M0.691.83N/AN/A1,437,133988,1264,611,8463,816,533
2023-12-26$256.84$213.3348.8%12.7%30.2%13.1%45.0%1.0%-0.1%661.6M-36.90B-219.0M0.711.72N/AN/A716,014508,8644,342,5383,541,555
2023-12-27$260.93$213.3348.8%12.5%27.7%13.1%44.6%0.3%-0.1%873.9M-41.10B-219.9M0.851.82N/AN/A1,027,745869,0914,435,4803,624,490
2023-12-28$253.85$216.6750.0%13.0%29.3%15.3%46.1%0.3%-0.3%342.1M-32.07B-220.7M0.641.70N/AN/A1,489,285945,7084,496,2883,731,321
2023-12-29$249.27$220.0049.0%12.6%29.5%13.4%44.9%0.8%-0.0%97.7M-27.52B-220.2M0.761.83N/AN/A1,429,9331,083,1064,678,9093,774,041