Consumer Discretionary · Mega Cap Tech
TSLA Implied Volatility, IV Rank & Options Chain
Tesla Inc. (TSLA) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for Tesla Inc.
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TSLA options trade with implied volatility typically in the 35% - 90% range, averaging 2M+ contracts in daily volume with excellent liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.
TSLA live implied volatility
Refreshed every 15 minAs of 12:16 p.m. ET, Oct 27, 2026, TSLA's 30-day implied volatility is 38.0%, placing its 1-year IV percentile at 8 — above 8% of the past year's daily IV readings, a low-IV, premium-buying regime favoring long calls/puts and debit spreads.
TSLA live chain, Greeks and GEX
TerminalEvery figure above is reference data. The live TSLA chain, its Greeks, the gamma profile and the flow tape update through the session inside the Terminal.
TSLA options at a glance
- Daily volume
- 2M+ contracts
- IV range
- 35% - 90%
- Bid-ask spread
- $0.01 - $0.03 ATM
- Expirations
- Weekly, monthly, LEAPS
- Open interest
- 20M+ contracts
- Next earnings
- See earnings calendar
About Tesla Inc. (TSLA)
Tesla Inc. designs, manufactures, and sells electric vehicles, energy storage systems, and solar products. The company is the world's most valuable automaker and a leader in EV technology, autonomous driving development, and energy storage. CEO Elon Musk's influence and the company's growth profile contribute to its unique market dynamics.
Company profile
- Sector
- Consumer Discretionary
- Industry
- Auto Manufacturers
- Market cap
- $1.0+ Trillion
- Exchange
- NASDAQ
Key dates
- Next earnings
- See earnings calendar
- Earnings frequency
- Quarterly
- Dividend schedule
- None
- Fiscal year end
- December
Tesla dominates the premium EV market and is expanding into mass market vehicles. The company's energy storage and autonomous driving initiatives represent additional growth vectors. Elon Musk's statements and activities frequently impact the stock.
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TSLA options market overview
TSLA options are among the most actively traded in the market. The stock's volatility, retail popularity, and directional trends make it a favorite for both options buyers and sellers.
- Average daily volume
- 2M+ contracts
- Total open interest
- 20M+ contracts
- Put/call ratio
- 0.55 - 0.85 typical
- Typical ATM spread
- $0.01 - $0.03 ATM
- Weekly options
- Available
- LEAPS available
- Yes
Liquidity assessment: Excellent
TSLA options rank among the top 3 most liquid by volume. Massive retail and institutional participation ensures tight spreads and deep liquidity.
TSLA implied volatility and IV rank
Tesla's implied volatility is consistently elevated due to delivery uncertainty, Elon Musk headline risk, and the stock's growth-stock valuation. TSLA is known for dramatic price swings.
Earnings impact
IV rises significantly before earnings. Delivery numbers (reported quarterly) and earnings guidance both move the stock. Moves of 10-15% post-earnings are not unusual.
The move options are pricing for the next report, and how the last 12 went: TSLA earnings expected move.
The post-earnings volatility drop is known as IV crush. Holders of short TSLA options should also understand early assignment risk around dividends and expiration.
Historical volatility vs IV
TSLA IV often trades at a premium to historical volatility, but the premium can compress during extended trending periods.
Term structure
Often inverted around earnings and delivery reports. Can remain inverted during periods of high uncertainty.
The smile, the term structure and the cone for TSLA, on today's chain.
Open TSLA in IV IntelligenceTSLA gamma exposure (GEX)
Gamma Exposure (GEX) analysis for TSLA shows massive options positioning across strikes, with dealer hedging significantly influencing intraday price action.
- Typical GEX profile. TSLA frequently experiences gamma-driven moves, with regime changes between positive and negative gamma creating distinct trading dynamics.
- Key levels. Major strikes form at round numbers. TSLA's high volume means significant gamma is concentrated at popular strikes.
- Dealer hedging. TSLA's gamma-driven price action is among the most pronounced in the market. The gamma flip level is a closely watched technical indicator.
Where the gamma sits on TSLA right now, strike by strike.
See live TSLA GEXCommon TSLA options strategies
These are strategies commonly used by traders on TSLA options, based on typical market characteristics. This is not investment advice.
Key considerations for TSLA options
- Elon Musk's statements, tweets, and activities can cause sudden price movements and volatility spikes
- Quarterly delivery numbers are a key catalyst - reported before earnings and often move the stock significantly
- Competition from legacy automakers and Chinese EV makers creates ongoing uncertainty
- FSD (Full Self-Driving) developments and robotaxi announcements can cause major moves
- No dividend means no early assignment risk from dividends
- The stock has a dedicated retail following that can influence price dynamics
TSLA key events
Earnings months. January, April, July, October
- Quarterly Delivery Numbers (Early Jan, Apr, Jul, Oct)
- AI Day / Robotaxi Events (variable)
- New Model Announcements (variable)
- Battery Day Events (variable)
TSLA options data by API, or in Claude
Every number on this page is one request away. The implied volatility API returns TSLA's IV rank and percentile, the gamma exposure API its dealer positioning by strike, and the chain API every strike with Greeks. Connected to the ApexVol MCP server, Claude, Cursor or ChatGPT can ask for them in plain English.
curl -H "Authorization: Bearer avmcp_YOUR_TOKEN" \
"https://apexvol.com/api/mcp/data/iv-rank/TSLA"What is TSLA's IV rank right now, and where is its gamma flip?
Claude calls get_iv_rank and get_gexTry GEX on TSLA in the console, more prompts for TSLA, or set the server up in Claude Desktop, Claude Code, Cursor or ChatGPT.
- Written by
- ApexVol Research Team
Quantitative options research. All calculations use live institutional-grade data — the same source professional volatility desks use. - Reviewed by
- Ryan Silk, ApexVol Founder
Reviewed for technical accuracy. 10+ years trading options; built ApexVol's pricing engine, Greeks model and IV-rank methodology.
Revised as market conditions and institutional data change. Last revised 2026-10-26. How we research →
Track this name's volatility weekly. The week's biggest IV movers and the expected earnings moves, straight from the data.
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Questions
Frequently asked
about TSLA options.
How liquid are TSLA options?
TSLA options are among the most liquid in the market, with average daily volume exceeding 2 million contracts. At-the-money options have penny-wide spreads, and open interest exceeds 20 million contracts.
What is TSLA's typical implied volatility?
TSLA implied volatility typically ranges from 35% to 90%, among the highest of large-cap stocks. Normal conditions see IV between 45-60%. IV spikes around earnings, delivery reports, and Elon Musk-related news.
Why is TSLA options volatility so high?
TSLA's high volatility reflects delivery uncertainty, Elon Musk headline risk, competition concerns, and the stock's growth valuation. Large earnings and delivery report reactions are common, justifying elevated premiums.
When does Tesla report earnings?
Tesla reports quarterly earnings in January, April, July, and October. Delivery numbers are reported separately at the start of each quarter and often move the stock before earnings.
How do delivery numbers affect TSLA options?
Quarterly delivery numbers (reported early in Jan, Apr, Jul, Oct) are a key catalyst. The numbers often move the stock 5-10% and set expectations for the subsequent earnings report.
Does TSLA pay dividends?
No, Tesla does not pay dividends. The company reinvests in growth. This simplifies options strategies as there's no early assignment risk from dividends.
What affects TSLA options pricing?
TSLA options pricing is heavily influenced by delivery expectations, Elon Musk activities, EV competition, and overall market sentiment toward growth stocks. FSD developments and new model announcements are key catalysts.
Are LEAPS available for TSLA?
Yes, TSLA LEAPS are available with expirations extending 2+ years into the future. Given the stock's high volatility, LEAPS premiums are expensive but offer long-term EV exposure.
What is TSLA's gamma exposure (GEX)?
Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence TSLA's intraday price action. TSLA frequently experiences gamma-driven moves, with regime changes between positive and negative gamma creating distinct trading dynamics. TSLA's gamma-driven price action is among the most pronounced in the market. The gamma flip level is a closely watched technical indicator. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live TSLA GEX levels and the gamma-flip point on ApexVol.
What is TSLA's IV rank?
TSLA's IV rank shows where TSLA's current implied volatility sits within its trailing 1-year range, scored 0–100. A reading near 100 means IV is near its yearly high — options are relatively expensive, which favors premium-selling strategies like credit spreads and iron condors. A reading near 0 means IV is near its yearly low, favoring premium-buying. TSLA implied volatility typically ranges from 35% - 90%. Check TSLA's live IV rank and percentile on ApexVol's IV analytics.
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