TSLA Options History — April 2025

In April 2025, TSLA traded between $219.05 and $288.83. ATM implied volatility averaged 78.1%, placing in the 59.9% IV rank vs the trailing year. The 30-day expected move averaged 22.2%. IV traded below realized volatility by 30.9% (HV 20d: 109.1%). Max pain ranged from $250.00 to $290.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.95.

Notable Days

  • 2025-04-25: Highest Volume — 5,929,526 contracts
  • 2025-04-09: Largest IV drop — 25.6% change
  • 2025-04-07: Highest IV Rank — 100.0%
  • 2025-04-08: Largest Expected Move — 29.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$255.90$219.05$288.83$270.80$282.57
Max Pain$270.00$250.00$290.00$290.00$257.50
ATM IV78.1%64.0%109.1%75.8%64.0%
Expected Move22.2%19.0%29.5%20.5%19.5%
HV 20d109.1%88.9%117.8%100.3%111.1%
HV 60d85.2%72.5%92.9%74.1%92.3%
IV Rank59.9%34.7%100.0%71.4%34.7%
IV Percentile88.8%63.5%100.0%98.0%63.5%
Term Structure-2.5%-5.5%0.3%-2.2%0.3%
VWIV77.8%67.3%98.9%72.0%69.6%
Skew 25d11.3%3.9%24.1%7.2%4.8%
Skew 10d24.0%8.8%49.7%15.5%12.4%
Call IV 25d72.8%61.6%95.8%72.4%62.5%
Put IV 25d84.1%66.7%119.9%79.6%67.3%
Bid-Ask Spread %3.542.035.292.032.07
Gamma HHI0.030.020.110.020.02
Net GEX90.9M-307.3M582.7M147.8M358.9M
Net DEX-10.73B-32.70B6.02B-15.71B-24.66B
Net VEX-304.1M-337.1M-261.8M-321.7M-332.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.950.661.250.880.69
Total Volume2,606,559.191,386,5815,929,5262,022,6662,114,806
Total OI8,607,9467,650,3649,105,3218,435,7298,901,757

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$270.80$290.0075.8%20.5%100.3%71.4%72.0%7.2%-2.2%147.8M-15.71B-321.7M0.882.03N/AN/A1,073,635949,0314,289,0724,146,657
2025-04-02$280.88$290.0075.7%20.4%101.2%71.4%71.9%6.0%-2.4%276.7M-21.34B-337.1M0.833.26N/AN/A1,938,6801,618,2234,369,1504,277,587
2025-04-03$266.44$290.0079.0%21.5%100.9%78.0%74.8%7.9%-2.4%21.6M-12.39B-324.9M0.932.48N/AN/A1,367,0131,269,4724,512,4384,474,262
2025-04-04$244.35$290.0089.1%24.0%105.6%98.1%85.7%16.4%-3.6%-307.3M543.0M-302.6M1.094.67N/AN/A2,074,8512,261,8764,612,8514,463,060
2025-04-07$230.50$290.0099.8%26.9%89.0%100.0%93.3%20.4%-4.7%-105.0M2.60B-284.4M1.004.20N/AN/A1,156,3421,155,8794,268,4453,982,831
2025-04-08$219.05$285.00109.1%29.5%88.9%100.0%98.9%24.1%-5.5%-132.4M6.02B-273.4M1.065.29N/AN/A1,129,4471,197,3654,401,5664,064,537
2025-04-09$269.02$285.0081.2%22.4%113.9%59.5%81.5%13.2%-3.1%245.6M-17.54B-323.7M0.855.23N/AN/A1,658,7531,416,8774,471,7104,137,914
2025-04-10$246.07$270.0093.5%25.8%117.8%77.3%88.8%19.2%-4.5%17.8M-5.54B-306.9M1.044.35N/AN/A1,472,6311,534,3564,613,2124,327,306
2025-04-11$249.75$270.0083.4%23.2%117.2%62.7%81.1%16.3%-3.5%20.0M-6.71B-302.2M0.854.47N/AN/A1,728,2301,461,8724,698,5524,406,769
2025-04-14$255.22$270.0075.4%21.4%116.6%51.1%74.1%13.0%-2.2%103.6M-8.76B-299.2M0.874.87N/AN/A908,182789,3684,375,5454,023,673
2025-04-15$252.58$270.0073.0%20.8%114.3%47.6%73.2%12.5%-2.0%85.6M-7.58B-294.1M0.904.41N/AN/A739,742664,5044,497,2184,107,458
2025-04-16$236.93$270.0078.8%22.6%115.5%56.1%78.3%13.4%-2.8%-138.3M164.4M-279.0M1.133.89N/AN/A1,013,2671,148,7574,562,4644,171,014
2025-04-17$240.07$265.0072.7%20.9%115.5%47.2%74.2%12.4%-1.8%-274.8M-1.82B-277.3M1.104.37N/AN/A1,004,9711,109,3394,639,2024,263,843
2025-04-21$226.00$260.0082.0%24.3%116.0%60.8%84.3%11.4%-3.3%-122.1M2.24B-261.8M1.253.03N/AN/A615,770770,8113,908,2643,742,100
2025-04-22$237.44$257.5080.6%24.0%109.3%58.7%84.3%10.8%-3.3%-33.7M-3.04B-278.6M1.054.03N/AN/A882,357923,1174,034,7013,859,293
2025-04-23$251.91$250.0068.8%20.1%110.9%41.5%71.5%8.2%-1.8%136.8M-10.21B-293.1M1.082.20N/AN/A1,500,7341,622,6604,234,3464,134,999
2025-04-24$257.25$250.0064.7%19.0%109.1%35.7%67.3%7.2%-1.8%255.4M-13.50B-299.8M1.242.19N/AN/A944,7881,173,1294,416,7964,373,664
2025-04-25$283.70$250.0064.9%19.2%114.1%35.9%68.8%4.6%-1.8%582.7M-32.70B-328.1M0.792.42N/AN/A3,314,9272,614,5994,503,7864,426,809
2025-04-28$284.44$252.5064.9%19.7%111.7%36.0%70.9%4.2%-0.0%336.9M-26.53B-328.7M0.662.36N/AN/A1,617,0951,060,7424,220,4874,159,148
2025-04-29$288.83$257.5064.1%19.5%111.6%34.8%70.1%3.9%0.3%432.2M-28.88B-336.1M0.682.53N/AN/A1,032,964706,5814,385,3314,307,049
2025-04-30$282.57$257.5064.0%19.5%111.1%34.7%69.6%4.8%0.3%358.9M-24.66B-332.8M0.692.07N/AN/A1,249,370865,4364,498,9034,402,854