TSLA Options History — May 2024

In May 2024, TSLA traded between $168.82 and $185.57. ATM implied volatility averaged 43.1%, placing in the 13.7% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded below realized volatility by 27.2% (HV 20d: 70.3%). Max pain ranged from $170.00 to $180.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.77.

Notable Days

  • 2024-05-21: Highest Volume — 2,318,226 contracts
  • 2024-05-13: Largest IV spike — 4.9% change
  • 2024-05-31: Highest IV Rank — 24.9%
  • 2024-05-01: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$177.18$168.82$185.57$182.00$176.56
Max Pain$178.64$170.00$180.00$170.00$180.00
ATM IV43.1%40.1%46.1%45.7%46.1%
Expected Move12.4%11.7%13.6%13.6%13.0%
HV 20d70.3%40.1%82.0%82.0%40.2%
HV 60d59.7%58.1%60.7%60.4%58.1%
IV Rank13.7%2.2%24.9%23.5%24.9%
IV Percentile15.4%0.4%43.3%35.7%43.3%
Term Structure0.4%-0.7%1.3%0.4%1.1%
VWIV44.2%41.6%48.5%48.5%46.3%
Skew 25d0.2%-0.9%1.3%-0.8%0.5%
Skew 10d0.2%-2.0%2.7%-1.7%1.0%
Call IV 25d43.7%40.0%47.1%47.1%46.2%
Put IV 25d43.9%40.6%46.7%46.3%46.7%
Bid-Ask Spread %1.921.263.252.371.35
Gamma HHI0.060.030.210.030.04
Net GEX60.7M-239.9M399.9M130.2M-127.9M
Net DEX-7.26B-14.31B294.1M-11.42B-5.69B
Net VEX-213.8M-225.3M-202.7M-225.3M-207.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.561.190.790.60
Total Volume1,621,719.682960,0002,318,2261,729,0041,929,239
Total OI8,407,833.0457,714,3359,031,0638,730,0218,278,133

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$182.00$170.0045.7%13.6%82.0%23.5%48.5%-0.8%0.4%130.2M-11.42B-225.3M0.792.37N/AN/A968,201760,8034,493,9784,236,043
2024-05-02$180.60$170.0044.8%13.3%81.9%19.9%47.4%0.5%0.4%113.0M-10.08B-224.2M0.742.03N/AN/A1,011,440748,7774,591,9214,308,261
2024-05-03$181.00$170.0043.5%12.9%80.7%15.2%45.8%0.6%0.3%191.5M-10.86B-224.0M0.741.78N/AN/A1,153,542850,9944,669,8364,361,227
2024-05-06$184.74$180.0044.3%12.8%79.6%18.0%45.0%0.0%0.6%172.6M-13.31B-223.6M0.673.25N/AN/A828,437552,9984,294,0363,952,254
2024-05-07$177.78$180.0042.4%12.4%80.7%11.0%43.7%1.0%0.9%10.4M-7.46B-217.3M0.742.73N/AN/A758,632558,1284,389,5074,018,426
2024-05-08$174.34$180.0042.0%12.2%80.5%9.2%42.1%1.3%0.8%-95.0M-4.31B-213.1M1.192.22N/AN/A766,490909,5864,460,3374,071,925
2024-05-09$171.57$180.0040.9%11.9%80.2%5.4%42.9%1.2%1.2%-221.8M-2.07B-209.5M0.951.98N/AN/A693,822658,9154,517,2924,131,822
2024-05-10$168.82$180.0040.1%11.7%79.9%2.2%41.6%0.6%1.2%-239.9M294.1M-202.7M0.871.83N/AN/A1,032,830900,2334,612,9014,189,446
2024-05-13$171.81$180.0042.1%12.0%77.5%9.7%42.5%0.8%-0.7%14.6M-3.99B-206.8M0.761.98N/AN/A669,869510,1174,334,9133,984,884
2024-05-14$177.68$180.0042.4%12.0%77.1%10.9%43.1%0.1%-0.6%137.1M-9.07B-215.7M0.782.22N/AN/A883,329693,0614,422,5994,072,210
2024-05-15$174.07$180.0042.1%11.9%77.6%9.8%42.1%0.0%-0.5%18.7M-5.52B-211.4M0.682.20N/AN/A944,692640,6014,495,0144,136,457
2024-05-16$174.70$180.0041.9%11.9%75.9%8.9%42.4%-0.0%-0.4%118.5M-6.81B-210.3M0.922.11N/AN/A640,061590,9904,597,0854,141,401
2024-05-17$177.25$180.0041.4%11.8%74.9%6.9%42.5%-0.5%-0.1%399.9M-9.50B-213.1M0.902.00N/AN/A1,187,7311,070,8214,627,6914,181,311
2024-05-20$174.81$180.0042.5%12.1%73.8%11.2%43.5%0.0%0.1%14.1M-5.36B-208.6M0.741.66N/AN/A552,932407,0684,031,5993,682,736
2024-05-21$185.57$180.0043.7%12.5%75.8%15.8%44.9%-0.9%0.3%299.1M-14.31B-219.9M0.651.89N/AN/A1,407,330910,8964,124,0613,759,099
2024-05-22$179.36$180.0043.5%12.5%68.2%15.0%44.2%-0.4%0.2%-1.1M-7.96B-217.4M0.851.81N/AN/A803,933681,4914,242,7073,952,302
2024-05-23$173.95$180.0044.1%12.7%67.5%17.6%45.7%-0.1%-0.0%-145.7M-3.60B-211.9M0.681.43N/AN/A931,257633,7234,299,1153,941,501
2024-05-24$179.50$180.0042.3%12.1%68.3%10.6%43.1%-0.1%0.3%388.4M-8.80B-214.1M0.691.39N/AN/A1,104,280763,8264,367,9133,959,597
2024-05-28$176.28$180.0043.8%12.6%43.9%16.3%45.0%-0.2%1.0%-10.2M-5.73B-208.1M0.771.26N/AN/A622,936477,2294,107,0343,787,927
2024-05-29$177.37$180.0044.1%12.7%40.3%17.4%44.9%-0.1%1.2%59.0M-6.71B-208.5M0.601.36N/AN/A785,920469,4234,179,6003,827,658
2024-05-30$178.17$180.0045.4%13.0%40.1%22.4%46.3%-0.1%1.3%109.3M-7.47B-210.6M0.561.30N/AN/A1,418,008793,2424,239,4793,899,089
2024-05-31$176.56$180.0046.1%13.0%40.2%24.9%46.3%0.5%1.1%-127.9M-5.69B-207.9M0.601.35N/AN/A1,208,898720,3414,314,5093,963,624