TSLA Options History — March 2025

In March 2025, TSLA traded between $220.56 and $286.27. ATM implied volatility averaged 73.0%, placing in the 71.8% IV rank vs the trailing year. The 30-day expected move averaged 21.5%. IV traded below realized volatility by 9.6% (HV 20d: 82.5%). Max pain ranged from $250.00 to $305.00. Net GEX was positive for 8 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.96.

Notable Days

  • 2025-03-27: Highest Volume — 3,884,282 contracts
  • 2025-03-10: Largest IV spike — 30.8% change
  • 2025-03-10: Highest IV Rank — 100.0%
  • 2025-03-10: Largest Expected Move — 30.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$254.90$220.56$286.27$278.50$259.35
Max Pain$289.17$250.00$305.00$300.00$290.00
ATM IV73.0%67.8%90.0%70.4%76.4%
Expected Move21.5%19.2%30.3%21.1%20.6%
HV 20d82.5%57.5%100.8%60.5%99.0%
HV 60d69.8%62.3%74.9%63.1%74.8%
IV Rank71.8%56.7%100.0%86.2%72.8%
IV Percentile94.4%86.5%100.0%95.6%98.8%
Term Structure-0.4%-2.8%4.7%-1.7%-2.3%
VWIV76.0%69.1%105.6%73.1%73.3%
Skew 25d7.2%3.4%13.8%7.5%8.3%
Skew 10d16.7%7.6%32.5%16.9%17.2%
Call IV 25d69.9%64.6%83.0%67.2%72.4%
Put IV 25d77.1%70.8%96.9%74.7%80.7%
Bid-Ask Spread %2.491.734.394.392.13
Gamma HHI0.030.020.120.020.02
Net GEX20.3M-209.5M458.7M-49.3M3.8M
Net DEX-5.56B-27.06B9.49B-5.74B-8.74B
Net VEX-293.2M-343.1M-243.1M-288.4M-312.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.960.711.200.761.06
Total Volume2,766,053.9521,868,4323,884,2822,210,4191,868,432
Total OI8,525,706.2867,382,2439,404,5967,382,2438,171,561

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$278.50$300.0070.4%21.1%60.5%86.2%73.1%7.5%-1.7%-49.3M-5.74B-288.4M0.764.39N/AN/A1,255,907954,5123,999,2413,383,002
2025-03-04$275.83$300.0070.3%21.1%59.2%85.8%75.4%7.3%-1.9%-74.8M-4.38B-287.0M0.953.34N/AN/A1,308,7101,248,9364,140,9303,505,864
2025-03-05$276.66$300.0067.8%20.4%57.5%78.8%73.0%6.1%-2.0%-26.6M-5.84B-285.9M0.932.48N/AN/A982,270912,0794,277,8243,628,580
2025-03-06$261.19$300.0070.9%21.5%58.5%87.7%74.8%7.6%-2.1%-209.5M916.9M-272.0M0.952.17N/AN/A1,384,0061,314,7084,364,6673,686,047
2025-03-07$260.54$287.5068.8%20.6%58.7%81.6%74.7%6.6%-1.7%-177.2M-1.84B-273.8M1.012.48N/AN/A1,766,4091,779,8974,619,2673,660,263
2025-03-10$220.56$282.5090.0%30.3%79.0%100.0%105.6%13.8%-2.8%-145.3M9.49B-243.1M0.973.47N/AN/A1,714,6011,659,8834,269,7753,572,615
2025-03-11$232.43$267.5084.2%28.0%83.6%88.3%98.8%11.8%-2.6%-45.3M3.38B-263.8M1.052.15N/AN/A1,617,2171,698,2444,686,3373,702,928
2025-03-12$247.30$260.0075.2%24.0%85.9%70.4%85.0%9.1%-2.2%38.0M-2.67B-294.2M0.961.93N/AN/A1,319,8971,271,4914,814,7794,124,267
2025-03-13$238.57$255.0076.1%24.1%83.9%72.1%84.6%8.7%-2.1%-106.4M1.89B-286.8M1.082.68N/AN/A1,311,4081,422,7674,880,4224,233,802
2025-03-14$247.92$250.0068.4%20.6%83.4%56.7%73.7%6.2%-1.2%60.8M-3.94B-294.6M0.961.78N/AN/A1,699,6111,631,5595,034,8984,286,343
2025-03-17$239.24$305.0068.6%19.7%83.3%57.0%70.1%6.0%3.9%-65.4M310.9M-279.6M1.103.04N/AN/A992,7331,094,4704,507,2044,028,147
2025-03-18$225.31$300.0072.5%20.6%84.4%64.9%72.4%7.5%3.2%-174.9M5.62B-265.8M1.203.19N/AN/A939,5021,128,4044,646,1924,174,879
2025-03-19$237.47$300.0070.0%20.0%87.2%59.9%70.3%6.6%3.8%-15.4M-1.65B-282.9M1.062.63N/AN/A1,068,0411,129,4404,763,8184,249,467
2025-03-20$234.79$300.0070.3%20.0%87.2%60.6%70.5%8.1%4.2%-100.2M-139.6M-278.6M1.162.13N/AN/A1,077,0901,251,5644,827,8534,381,137
2025-03-21$246.45$300.0069.2%19.6%89.7%58.3%69.9%6.2%4.7%357.9M-8.14B-294.5M0.962.34N/AN/A1,759,6601,697,9444,929,1234,475,473
2025-03-24$276.25$295.0070.4%19.3%100.8%60.7%69.2%3.8%-1.0%281.5M-21.34B-329.0M0.812.25N/AN/A1,688,2261,375,6554,099,9913,815,984
2025-03-25$286.27$295.0070.5%19.2%95.6%60.9%69.4%3.4%-1.1%420.5M-27.06B-343.1M0.722.38N/AN/A1,473,7301,068,4464,293,8864,171,878
2025-03-26$268.38$295.0072.7%19.6%97.6%65.4%69.1%6.0%-1.2%120.6M-14.86B-324.8M0.911.79N/AN/A1,452,7381,321,3764,406,5264,299,753
2025-03-27$278.14$295.0072.7%19.7%98.3%65.3%69.8%4.3%-1.2%458.7M-22.38B-338.1M0.711.74N/AN/A2,274,1141,610,1684,559,9834,317,554
2025-03-28$261.76$295.0076.7%20.6%99.9%73.3%72.8%6.8%-1.6%-125.1M-9.61B-318.2M0.871.73N/AN/A1,903,0201,658,2684,621,4534,426,119
2025-03-31$259.35$290.0076.4%20.6%99.0%72.8%73.3%8.3%-2.3%3.8M-8.74B-312.4M1.062.13N/AN/A907,353961,0794,182,3893,989,172