TSLA Options History — January 2026

In January 2026, TSLA traded between $416.80 and $455.14. ATM implied volatility averaged 46.8%, placing in the 8.1% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded above realized volatility by 6.0% (HV 20d: 40.8%). Max pain ranged from $380.00 to $440.00. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.73.

Notable Days

  • 2026-01-30: Highest Volume — 3,542,855 contracts
  • 2026-01-20: Largest IV spike — 8.7% change
  • 2026-01-06: Highest IV Rank — 11.7%
  • 2026-01-20: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$437.55$416.80$455.14$438.56$433.11
Max Pain$434.13$380.00$440.00$380.00$432.50
ATM IV46.8%42.6%49.3%48.1%42.6%
Expected Move13.1%11.3%13.9%11.3%12.1%
HV 20d40.8%35.2%45.8%39.9%43.9%
HV 60d42.6%41.8%44.2%42.2%42.4%
IV Rank8.1%1.8%11.7%9.9%1.8%
IV Percentile16.8%0.4%24.2%20.2%0.4%
Term Structure-0.6%-1.3%0.5%-0.2%0.5%
VWIV46.6%40.4%49.1%40.4%43.0%
Skew 25d0.4%-0.5%2.0%0.5%-0.1%
Skew 10d2.1%0.6%4.3%1.7%0.9%
Call IV 25d47.3%43.2%49.5%49.0%43.2%
Put IV 25d47.7%43.0%50.4%49.5%43.0%
Bid-Ask Spread %2.672.183.012.192.49
Gamma HHI0.040.020.190.090.03
Net GEX504.1M-234.0M1.48B-234.0M695.2M
Net DEX-42.73B-55.15B-24.81B-40.42B-39.02B
Net VEX-365.2M-381.1M-342.1M-368.6M-359.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.730.540.920.790.77
Total Volume1,971,155.75713,0323,542,8553,393,0063,542,855
Total OI6,830,055.85,908,6517,612,5217,451,4036,664,442

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$438.56$380.0048.1%11.3%39.9%9.9%40.4%0.5%-0.2%-234.0M-40.42B-368.6M0.792.19N/AN/A1,900,6951,492,3114,118,3653,333,038
2026-01-05$455.14$440.0048.8%13.5%42.0%11.0%48.0%0.3%-0.6%759.7M-55.15B-381.1M0.642.78N/AN/A1,015,679649,5403,764,7323,111,070
2026-01-06$431.95$440.0049.3%13.6%45.8%11.7%48.7%0.9%-0.6%102.3M-39.71B-365.0M0.782.69N/AN/A1,343,0271,047,6673,906,8833,217,955
2026-01-07$435.00$440.0047.7%13.3%44.0%9.4%46.8%0.9%-0.5%382.3M-43.23B-370.7M0.712.92N/AN/A858,920609,7904,061,5573,330,818
2026-01-08$435.25$440.0047.5%13.2%43.3%9.1%46.8%0.4%-0.4%305.2M-43.51B-371.3M0.832.92N/AN/A1,051,286871,1784,112,0993,387,764
2026-01-09$445.21$435.0046.3%13.0%43.7%7.3%46.2%-0.2%-0.2%1.28B-54.10B-376.8M0.812.89N/AN/A1,713,8381,387,8104,194,0363,418,485
2026-01-12$450.26$440.0047.8%13.3%43.3%9.5%47.3%-0.4%-1.1%851.5M-54.73B-376.9M0.652.68N/AN/A859,791555,7653,855,2773,175,834
2026-01-13$447.34$440.0047.8%13.3%42.3%9.5%47.1%-0.2%-1.2%795.6M-52.31B-372.9M0.692.49N/AN/A704,592486,7283,951,2403,233,873
2026-01-14$436.46$440.0047.6%13.3%39.2%9.3%47.5%0.5%-1.3%346.1M-43.94B-363.5M0.682.82N/AN/A889,944601,9414,024,3593,282,989
2026-01-15$438.79$440.0046.9%13.1%38.0%8.2%46.5%-0.2%-1.3%477.0M-46.06B-366.7M0.802.75N/AN/A874,772696,9744,053,6463,327,367
2026-01-16$439.46$435.0044.8%12.6%35.5%5.1%44.6%-0.2%-1.1%362.2M-46.23B-359.1M0.732.78N/AN/A1,504,8231,093,7704,114,9713,360,682
2026-01-20$418.73$435.0048.7%13.9%35.2%10.9%49.0%2.0%-0.9%26.7M-27.58B-342.1M0.753.01N/AN/A848,085639,4513,260,1782,648,473
2026-01-21$431.80$435.0045.7%13.1%37.7%6.5%46.4%1.2%-0.5%405.4M-35.67B-354.8M0.662.99N/AN/A1,025,647679,0543,377,9142,730,087
2026-01-22$447.63$435.0046.7%13.4%39.9%7.9%47.5%-0.5%-0.6%1.09B-48.01B-373.0M0.542.78N/AN/A1,540,478832,6923,450,5642,776,212
2026-01-23$447.67$435.0046.2%13.3%39.9%7.2%47.2%0.1%-0.4%1.48B-48.13B-376.9M0.672.26N/AN/A1,595,0561,074,4033,652,3702,858,110
2026-01-26$435.91$435.0047.1%13.7%40.7%8.5%49.1%0.8%-0.1%427.1M-38.40B-365.9M0.752.46N/AN/A545,076406,6933,366,9962,650,520
2026-01-27$432.48$435.0046.9%13.7%40.7%8.2%48.5%0.7%-0.4%357.4M-36.52B-359.2M0.812.18N/AN/A393,238319,7943,423,0592,724,026
2026-01-28$433.51$435.0046.6%13.6%39.4%7.7%48.2%0.6%-0.4%382.2M-37.09B-358.6M0.672.99N/AN/A648,277435,2133,473,1252,778,956
2026-01-29$416.80$435.0043.4%12.4%41.3%3.0%43.7%1.4%0.2%-208.7M-24.81B-342.3M0.922.24N/AN/A1,401,8541,284,4083,576,0112,853,033
2026-01-30$433.11$432.5042.6%12.1%43.9%1.8%43.0%-0.1%0.5%695.2M-39.02B-359.3M0.772.49N/AN/A2,005,1331,537,7223,741,8062,922,636