TSLA Options Chain Analysis

As of previous close (2026-09-30) · OPRA historical data

Spot $354.44 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.77

2.5M P / 3.2M C

Put/Call (Volume)

0.70

1.2M P / 1.6M C that session

30d ATM IV

46%

annualized implied move

Call wall

$400

162k contracts

Put wall

$300

133k contracts

Tail hedging

0.7×

deep-OTM puts vs calls

What the positioning says

●Call wall at $400 (162k contracts), 13% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $300 (133k contracts), 15% below spot — the hedge floor; often acts as support.

Open interest by strike

All expiries combined. Amber lines mark the call and put walls; the dashed line is spot.

IV term structure

At-the-money implied volatility per expiry.

Volatility smile

IV by strike — expiry 2026-10-30. A steep left side = expensive downside protection.

30-day implied volatility history

Daily ATM IV (~30 DTE bucket) collected since March 2026. Rising IV into an event = the market bracing; collapsing IV after = the crush.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-10-02	246k	254k	1.03	523k
2026-10-05	35k	16k	0.45	87k
2026-10-07	9k	3k	0.35	23k
2026-10-09	60k	46k	0.78	121k
2026-10-12	3k	1k	0.41	7k
2026-10-14	708	268	0.38	3k
2026-10-16	272k	230k	0.85	80k
2026-10-23	32k	22k	0.67	19k
2026-10-30	36k	21k	0.59	24k
2026-11-06	4k	6k	1.29	9k
2026-11-20	183k	190k	1.04	25k
2026-12-18	390k	341k	0.88	23k
2027-01-15	671k	334k	0.50	19k
2027-02-19	44k	33k	0.75	5k
2027-03-19	105k	138k	1.31	8k
2027-04-16	5k	7k	1.41	2k
2027-06-17	316k	206k	0.65	16k
2027-09-17	37k	41k	1.10	3k
2027-12-17	224k	193k	0.86	3k
2028-01-21	154k	101k	0.65	6k
2028-06-16	78k	41k	0.53	4k
2028-12-15	174k	162k	0.93	5k
2029-01-19	6k	6k	0.91	2k

Source: Cboe end-of-session option chains, summarized after each US market close and published from the following trading day — OPRA historical data. Under the OPRA plan options data becomes historical, and freely publishable, at the opening of the next trading session; data from the session in progress is never displayed or served here. Open interest is exchange-reported once a day. Research, not investment advice.