Dated end-of-day edition
JW Intelligence Report

Tesla Inc / TSLA

StockConsumer DiscretionaryAutomobiles
JW Rank57.5/ 100
Official close$376.49+12.22 (+3.35%)
Bid$376.20
Ask$376.50
Previous close$364.27
ATR (14)3.53%
RSI (14)58.6
Volume27.71M
Model reference$370.00
Upside scenario$395.00
Risk reference$355.00
Decision summary

TSLA Option Market Implies Uncertainty Amidst Mixed Signals

BalancedHigh confidence

The TSLA option market reflects a cautious outlook with mixed signals. While implied volatility is elevated, suggesting potential for significant price swings, the term structure shows a slight flattening trend. The skew is balanced, indicating neutral sentiment towards both upside and downside movements. Recent news flow has been mixed, with positive developments like FSD approvals in the Czech Republic and record grid dispatch alongside concerns about regulatory scrutiny of Cybercab and racial bias lawsuits. The market appears to be awaiting key catalysts such as the upcoming Roadster event and Q3 earnings.

Wheel contextThe current option pricing reflects a market that is unsure of TSLA's direction. The balanced skew suggests traders are not heavily leaning towards either bullish or bearish outcomes.
Dated supporting context

JW AI outlook

Mixed

Short-term scenario

Cautious/hold or buy on minor dip given today's bounce amid mixed technicals (above 50MA but below 200MA) and high uncertainty from Oct 1 Roadster event plus regulatory/Cybercab news; volatility likely. Not financial advice.

Three-month outlook

Highly uncertain. Analyst consensus PT ~$397 implies modest ~6% upside. Potential catalysts include Oct 1 Roadster reveal, Oct 21 earnings, Cybercab progress, FSD approvals, and merger speculation, but risks from high valuation (PE 350+), compressed margins, regulatory hurdles, competition, and execution on autonomy/energy. Possible trading range $340-$430; mixed technicals and sentiment add to caution. Significant event-driven uncertainty.


Market sentiment context

Mixed/short-term negative. Ron Baron called it time to buy. Some traders adding positions viewing it mispriced under $500. Sentiment scores -2 to -5/10 showing narrative resistance and cooling after weakness, failing to hold $375. Longer-term optimism persists on FSD/robotaxi runway despite quarter misses. ( )

Observed market data

Price and technical structure

Dated end-of-day indicator set
Trend reference levels11 observations
20D SMA$360.22
50D SMA$349.60
200D SMA$397.06
9D EMA$364.62
21D EMA$359.69
20D MVWAP$361.36
YTD VWAP$393.20
Daily reference VWAP$374.91
Price vs 20D SMA4.19%
Price vs 50D SMA7.35%
Price vs 200D SMA-5.48%
Momentum kinematics10 observations
RSI (7)65.49
RSI (14)58.61
RSI (21)55.20
Stochastic K58.29
Stochastic D47.73
MACD line4.66
MACD histogram3.84
ADX (14)21.17
MACD acceleration0.39
RSI velocity2.50
Volatility and price boundaries11 observations
ATR (14)0.01
ATR (14) %3.53%
Bollinger upper$377.62
Bollinger middle$360.22
Bollinger lower$342.82
Bollinger position0.93%
Volatility environmentMedium
20D realized volatility46.86%
Observed range position60.62%
5D true high$378.36
5D true low$354.05
Participation and institutional flow7 observations
Volume27.71M
20D average volume29.11M
Volume vs 20D average0.95x
20D SMA velocity0.78
50D SMA velocity-0.68
Institutional flow0.92
ATR velocity0.01
Available cached indicators

Detailed decision indicators

Dated authorized values
Market overview7 observations
Price$376.49
DateSep 21, 2026
Volume27.71M
Vwap D$374.91
Mvwap 20$361.36
Change12.22
Change Percentage3.35%
Trend structure6 observations
Trend SignalBearish Warning
Sma 20$360.22
Sma 50$349.60
Sma 200$397.06
Ema 9$364.62
Ema 21$359.69
Momentum structure9 observations
Rsi 765.49
Rsi 1458.61
Rsi 2155.20
Rsi SignalNeutral
Stoch K58.29
Stoch D47.73
Macd Line4.66
Macd SignalBullish
Macd Hist3.84
Volatility structure3 observations
Atr13.26
Atr Pct3.53%
EnvironmentMedium
Option market context3 observations
Current Iv41.96
Iv Rank27.02
Iv Percentile23.51%
Price boundaries8 observations
Bb Upper377.6
Bb Middle360.2
Bb Lower342.8
Bb Pctb0.93
True High$378.36
True Low$364.27
True High 5d$378.36
True Low 5d$354.05
Three-day velocities7 observations
Sma20$0.78
Sma50$-0.68
Mvwap20$0.92
Macd0.39
Rsi2.50
Volume693,503
Atr0.01
Risk radar5 observations
Earnings RiskLow
Earnings DateOct 21, 2026
Macro RiskUnknown
Vol RiskMedium
Structure RiskMedium
Deterministic scoring

JW Rank factors

Higher scores indicate stronger observed structure
LiquidityTrading capacity and quote quality proxyCoverage 100%
100
Strategy FitGeneric Wheel premium-selling environment fitCoverage 100%
57
Technical TrendPrice trend, momentum and long-term structureCoverage 100%
67
Market Tail RiskMarket-wide volatility and tail-risk regimeCoverage 100%
32
Fundamental QualityBusiness quality and balance-sheet durabilityCoverage 100%
38
Volatility PressureOption premium pressure relative to realized movementCoverage 100%
41

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 Implies Uncertainty Amidst Mixed Signals

The TSLA option market reflects a cautious outlook with mixed signals. While implied volatility is elevated, suggesting potential for significant price swings, the term structure shows a slight flattening trend. The skew is balanced, indicating neutral sentiment towards both upside and downside movements. Recent news flow has been mixed, with positive developments like FSD approvals in the Czech Republic and record grid dispatch alongside concerns about regulatory scrutiny of Cybercab and racial bias lawsuits. The market appears to be awaiting key catalysts such as the upcoming Roadster event and Q3 earnings.

Front ATM IV42.77%
Current IV42.45%
IV Rank28.66
IV Percentile26.69%
25Δ skew3.00
Term slope-1.33
Term structureFlat
Quote coverage100%
Median option spread2.46%
Term structure

Implied volatility by expiration

3 observed expirations
42.8%37.4%
ExpirationDTEATM IVState
2026-09-232.0042.77%
2026-09-287.0037.43%
2026-10-0918.0041.44%
Reference structures

Defined-risk observations

Bull Put Spread Reference

Expiration
Short strike$355.00
Long strike$352.50
Net credit / share$0.10
Credit / width4.00%
$10$-240$351.13$356.38Expiration payoff per standard 100-share contract

Bear Call Spread Reference

Expiration
Short strike$382.50
Long strike$385.00
Net credit / share$0.52
Credit / width20.60%
$52$-198$381.13$386.38Expiration payoff per standard 100-share contract
Evidence used
  • Elevated implied volatility (42.45%) suggests potential for significant price swings.
  • Slightly flattening term structure with a negative slope (-1.33) indicates uncertainty about future direction.
  • Balanced delta skew suggests neutral sentiment towards both upside and downside movements.
  • Recent news flow is mixed, including positive developments like FSD approvals and record grid dispatch alongside concerns about regulatory scrutiny and lawsuits.
Risk context
  • Regulatory hurdles for Cybercab could negatively impact the stock price.
  • Upcoming earnings report may disappoint investors if margins remain compressed.
Strategy intelligence

Structural fit, not a trade instruction

Wheel fit score57.80

The current option pricing reflects a market that is unsure of TSLA's direction. The balanced skew suggests traders are not heavily leaning towards either bullish or bearish outcomes.

Execution intelligence

Liquidity and quote conditions

Dollar volume$10.40B
Underlying bid/ask spread0.07%
Option quote coverage100%
Median option spread2.46%
Fundamental intelligence

Business quality context

Factor score37.80
Coverage100%

Business quality and balance-sheet durability

Latest strategy observation

TSLA Covered Call signal

Sep 21, 2026 10:24 AM EDT

Covered Call | 2026-09-23 | short $375.00 | $5.75 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$1.44T
P/E (TTM)378.0×
Beta1.75
52-week range$297.38 – $498.83
52-week return-12.61%
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 identity11b28c37923a45db0fa23383

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