Dated end-of-day edition
JW Intelligence Report

Tesla Inc / TSLA

StockConsumer DiscretionaryAutomobiles
JW Rank55.3/ 100
Official close$360.80+4.22 (+1.18%)
Bid$360.79
Ask$360.88
Previous close$356.58
ATR (14)3.70%
RSI (14)51.1
Volume25.65M
Model reference$355.00
Upside scenario$380.00
Risk reference$345.00
Decision summary

TSLA Option Market Shows Mixed Sentiment Amidst News Catalysts and Technical Weakness

BalancedHigh confidence

The TSLA option market displays a mixed sentiment, reflecting both bullish catalysts and bearish technical signals. While recent news includes positive developments like the upcoming Roadster unveiling and optimistic commentary from investors like Ron Baron, concerns remain regarding production delays for Cybercab and regulatory scrutiny. The term structure exhibits backwardation, suggesting near-term volatility expectations are higher than longer-term ones. Technically, TSLA is consolidating below its 200-day moving average with a death cross pattern, indicating potential downside risk.

Wheel contextThe market appears to be pricing in a range-bound scenario with potential for both upside and downside movement.
Dated supporting context

JW AI outlook

Mixed

Short-term scenario

Hold/wait; mixed news (delivery cut + Cybercab scrutiny vs Roadster/FSD catalysts) and neutral-bearish technicals create high short-term uncertainty. Cautious dip-buy only if holding above 355 with volume.

Three-month outlook

Highly uncertain with wide possible range ($300-450). Consensus targets imply modest ~5-10% upside to ~$380-400 but dispersion is extreme due to robotaxi/AI execution timeline, Q3 delivery miss risk, Oct earnings, Cybercab regulation, and 200x+ 2026 earnings multiple. Potential positives: Roadster event, FSD unsupervised progress, energy/robotics. Risks: further demand weakness, high capex, competition, macro. Volatility expected; not a high-conviction period.


Market sentiment context

Mixed/cautiously improving. Bulls (e.g. Ron Baron, some traders) see oversold vs company performance, upcoming catalysts (Optimus, unsupervised FSD/Robotaxi, Roadster) and dip-buying. Bears cite extreme valuation, execution/regulatory risks on Cybercab, and technically descending channel with lower highs. High-risk/high-reward narrative dominant; retail sentiment recently less negative.

Observed market data

Price and technical structure

Dated end-of-day indicator set
Trend reference levels11 observations
20D SMA$357.89
50D SMA$351.65
200D SMA$397.97
9D EMA$360.17
21D EMA$356.64
20D MVWAP$358.61
YTD VWAP$393.51
Daily reference VWAP$359.36
Price vs 20D SMA0.05%
Price vs 50D SMA1.83%
Price vs 200D SMA-10.02%
Momentum kinematics10 observations
RSI (7)48.68
RSI (14)51.11
RSI (21)50.28
Stochastic K35.54
Stochastic D42.30
MACD line3.51
MACD histogram3.54
ADX (14)20.96
MACD acceleration-0.51
RSI velocity-1.11
Volatility and price boundaries11 observations
ATR (14)-0.29
ATR (14) %3.70%
Bollinger upper$374.86
Bollinger middle$357.89
Bollinger lower$340.92
Bollinger position0.51%
Volatility environmentMedium
20D realized volatility50.89%
Observed range position47.06%
5D true high$369.21
5D true low$354.05
Participation and institutional flow7 observations
Volume25.65M
20D average volume29.43M
Volume vs 20D average0.87x
20D SMA velocity0.92
50D SMA velocity-0.95
Institutional flow0.79
ATR velocity-0.29
Available cached indicators

Detailed decision indicators

Dated authorized values
Market overview7 observations
Price$360.80
DateSep 16, 2026
Volume25.65M
Vwap D$359.36
Mvwap 20$358.61
Change4.22
Change Percentage1.18%
Trend structure6 observations
Trend SignalBearish Warning
Sma 20$357.89
Sma 50$351.65
Sma 200$397.97
Ema 9$360.17
Ema 21$356.64
Momentum structure9 observations
Rsi 748.68
Rsi 1451.11
Rsi 2150.28
Rsi SignalNeutral
Stoch K35.54
Stoch D42.30
Macd Line3.51
Macd SignalBullish
Macd Hist3.54
Volatility structure3 observations
Atr13.24
Atr Pct3.70%
EnvironmentMedium
Option market context3 observations
Current Iv41.84
Iv Rank26.63
Iv Percentile21.51%
Price boundaries8 observations
Bb Upper374.9
Bb Middle357.9
Bb Lower340.9
Bb Pctb0.51
True High$365.10
True Low$354.89
True High 5d$369.21
True Low 5d$354.05
Three-day velocities7 observations
Sma20$0.92
Sma50$-0.95
Mvwap20$0.79
Macd-0.51
Rsi-1.11
Volume1.07M
Atr-0.29
Risk radar5 observations
Earnings RiskLow
Earnings DateOct 21, 2026
Macro RiskUnknown
Vol RiskMedium
Structure RiskLow
Deterministic scoring

JW Rank factors

Higher scores indicate stronger observed structure
LiquidityTrading capacity and quote quality proxyCoverage 100%
98
Strategy FitGeneric Wheel premium-selling environment fitCoverage 100%
67
Technical TrendPrice trend, momentum and long-term structureCoverage 100%
50
Market Tail RiskMarket-wide volatility and tail-risk regimeCoverage 100%
56
Fundamental QualityBusiness quality and balance-sheet durabilityCoverage 100%
38
Volatility PressureOption premium pressure relative to realized movementCoverage 100%
33

JW Rank is not a buy/sell rating, and coverage measures field availability—not accuracy or certainty.

Options Intelligence

What the closing chain was pricing

TSLA Option Market Shows Mixed Sentiment Amidst News Catalysts and Technical Weakness

The TSLA option market displays a mixed sentiment, reflecting both bullish catalysts and bearish technical signals. While recent news includes positive developments like the upcoming Roadster unveiling and optimistic commentary from investors like Ron Baron, concerns remain regarding production delays for Cybercab and regulatory scrutiny. The term structure exhibits backwardation, suggesting near-term volatility expectations are higher than longer-term ones. Technically, TSLA is consolidating below its 200-day moving average with a death cross pattern, indicating potential downside risk.

Front ATM IV48.19%
Current IV40.89%
IV Rank23.49
IV Percentile14.34%
25Δ skew-0.03
Term slope-5.21
Term structureBackwardation
Quote coverage100%
Median option spread2.67%
Term structure

Implied volatility by expiration

3 observed expirations
48.2%40.5%
ExpirationDTEATM IVState
2026-09-182.0048.19%
2026-09-237.0040.50%
2026-10-0216.0042.98%
Reference structures

Defined-risk observations

Bull Put Spread Reference

Expiration
Short strike$350.00
Long strike$347.50
Net credit / share$0.55
Credit / width22.00%
$55$-195$346.13$351.38Expiration payoff per standard 100-share contract

Bear Call Spread Reference

Expiration
Short strike$367.50
Long strike$370.00
Net credit / share$0.52
Credit / width20.60%
$52$-198$366.13$371.38Expiration payoff per standard 100-share contract
Evidence used
  • The implied volatility (IV) for near-term options is elevated compared to longer-term options, suggesting heightened expectations for price swings in the short term.
  • The skew is balanced, indicating that both call and put options are priced similarly, reflecting uncertainty about the direction of future price movements.
  • Recent news includes both positive catalysts (Roadster unveiling, FSD progress) and negative factors (Cybercab production delays, regulatory scrutiny).
  • Technical indicators show mixed signals: RSI is neutral, while MACD displays some bullish momentum but the stock remains below key moving averages.
Risk context
  • Regulatory hurdles surrounding Cybercab could negatively impact TSLA's growth prospects.
  • Competition from other EV manufacturers could intensify, putting pressure on market share and profitability.
Strategy intelligence

Structural fit, not a trade instruction

Wheel fit score66.10

The market appears to be pricing in a range-bound scenario with potential for both upside and downside movement.

Execution intelligence

Liquidity and quote conditions

Dollar volume$9.18B
Underlying bid/ask spread0.02%
Option quote coverage100%
Median option spread2.67%
Fundamental intelligence

Business quality context

Factor score37.80
Coverage100%

Business quality and balance-sheet durability

Latest strategy observation

TSLA Covered Call signal

Sep 16, 2026 9:33 AM EDT

Covered Call | 2026-09-18 | short $357.50 | $5.90 credit | High turnover

Generalized structural observation only; no quantity, order instruction or personalized recommendation is provided.

Company and fundamental profile

Tesla Inc at a glance

Dated valuation, quality, growth and shareholder context

Market position and valuation

Market capitalization$1.41T
P/E (TTM)372.5×
Beta1.75
52-week range$297.38 – $498.83
52-week return-9.34%
Shares outstanding3.95B

Profitability and financial quality

Return on equity4.57%
Operating margin4.22%
Net margin3.67%
Debt / equity0.10×

Growth and cash generation

Revenue growth (3Y)5.19%
EPS growth (3Y)-33.28%
Free cash flow CAGR (5Y)18.16%
Revenue / share (TTM)29.27
Book value / share23.13

Trading and reference facts

MarketNasdaq Nms Global Market
CountryUs
CurrencyUsd
IPO dateJun 29, 2010
Company website
Methodology, edition and field coverage
EditionOfficial Close
Ready sections3 / 3
Report identityb716aec7126123f84ea33e1b

JW Rank is deterministic and is not a buy/sell rating. Narrative sections explain dated evidence and do not change the score or observed facts. Coverage measures field availability, not accuracy or certainty. This public edition remains fixed.

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Important disclosures. Generalized market-structure research only. This report does not consider holdings, objectives, risk tolerance or financial circumstances and is not an investment recommendation, transaction instruction, offer, solicitation or return forecast. Market data, model scores and AI explanations may be delayed, incomplete or incorrect. Past, hypothetical, model and settled-signal results do not predict future results. Options are complex and may involve loss of the entire premium, substantial or theoretically unlimited loss, assignment, early exercise, margin, liquidity and execution risk. Before trading standardized options, read the OCC’s Characteristics and Risks of Standardized Options. Terms of Use · Privacy Policy