Dated end-of-day edition
JW Intelligence Report

Tesla Inc / TSLA

StockConsumer DiscretionaryAutomobiles
JW Rank60.7/ 100
Official close$379.11+0.21 (+0.06%)
Bid$379.08
Ask$379.20
Previous close$378.90
ATR (14)3.31%
RSI (14)60.6
Volume25.93M
Model reference$365.00
Upside scenario$395.00
Risk reference$348.00
Decision summary

TSLA Option Market Implies Range-Bound Volatility

BalancedHigh confidence

The TSLA option market currently reflects a neutral outlook, with implied volatility suggesting potential for sideways price movement. While recent news includes positive developments like the reopening of Roadster reservations and continued progress in autonomous driving technology, concerns remain regarding competition, margin pressure, and upcoming earnings expectations. The term structure shows a slight backwardation, indicating that near-term options are priced slightly more expensively than longer-dated options.

Wheel contextTSLA's option market is showing signs of range-bound volatility. The balanced skew suggests traders are anticipating potential price fluctuations in both directions.
Dated supporting context

JW AI outlook

Neutral

Short-term scenario

Cautious / do not chase. A 1-3 week bounce toward resistance is possible if the Roadster reveal and early-October delivery print are clean, but sell-the-news and delivery-miss risk is material. Prefer a pullback entry over buying strength near $380. Levels are illustrative only and can be invalidated quickly; this is not a recommendation.

Three-month outlook

Neutral, with only a slight positive skew if Q3 deliveries and robotaxi updates clear a low bar and margins stabilize into the Oct. 28 report. Base case is a wide range roughly $340-$420 rather than a clean trend, because the multiple already prices substantial autonomy and robotics optionality while 2026 capex remains very large. Downside risk rises if deliveries disappoint, pricing pressure builds, or the autonomy narrative slips. Uncertainty is high: execution, regulation, China exposure, and event volatility can dominate fundamentals over this horizon.


Market sentiment context

Polarized and event-driven rather than one-sided. Bullish posts cite Cybercab testing sightings and a structure that remains constructive above roughly $350. Bearish posts treat the Oct. 1 Roadster reveal as a sell-the-news risk, flag China competition and margin pressure, and float downside toward $300-$365. Narrative scores have recently printed weak to negative. Flow looks noisy; conviction into the reveal is low.

Observed market data

Price and technical structure

Dated end-of-day indicator set
Trend reference levels11 observations
20D SMA$363.21
50D SMA$348.96
200D SMA$396.34
9D EMA$370.01
21D EMA$363.13
20D MVWAP$363.61
YTD VWAP$393.11
Daily reference VWAP$381.46
Price vs 20D SMA4.66%
Price vs 50D SMA8.93%
Price vs 200D SMA-4.09%
Momentum kinematics10 observations
RSI (7)69.31
RSI (14)60.59
RSI (21)56.53
Stochastic K80.24
Stochastic D69.03
MACD line6.31
MACD histogram4.61
ADX (14)22.43
MACD acceleration0.83
RSI velocity2.27
Volatility and price boundaries11 observations
ATR (14)-0.20
ATR (14) %3.31%
Bollinger upper$382.56
Bollinger middle$363.21
Bollinger lower$343.87
Bollinger position0.94%
Volatility environmentMedium
20D realized volatility44.36%
Observed range position64.42%
5D true high$386.70
5D true low$358.08
Participation and institutional flow7 observations
Volume25.93M
20D average volume28.84M
Volume vs 20D average0.90x
20D SMA velocity1.20
50D SMA velocity-0.43
Institutional flow1.03
ATR velocity-0.20
Available cached indicators

Detailed decision indicators

Dated authorized values
Market overview7 observations
Price$379.11
DateSep 23, 2026
Volume25.93M
Vwap D$381.46
Mvwap 20$363.61
Change0.21
Change Percentage0.06%
Trend structure6 observations
Trend SignalBearish Warning
Sma 20$363.21
Sma 50$348.96
Sma 200$396.34
Ema 9$370.01
Ema 21$363.13
Momentum structure9 observations
Rsi 769.31
Rsi 1460.59
Rsi 2156.53
Rsi SignalNeutral
Stoch K80.24
Stoch D69.03
Macd Line6.31
Macd SignalBullish
Macd Hist4.61
Volatility structure3 observations
Atr12.59
Atr Pct3.31%
EnvironmentMedium
Option market context3 observations
Current Iv44.06
Iv Rank33.98
Iv Percentile36.25%
Price boundaries8 observations
Bb Upper382.6
Bb Middle363.2
Bb Lower343.9
Bb Pctb0.94
True High$386.70
True Low$377.57
True High 5d$386.70
True Low 5d$358.08
Three-day velocities7 observations
Sma20$1.20
Sma50$-0.43
Mvwap20$1.03
Macd0.83
Rsi2.27
Volume-2.67M
Atr-0.20
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%
99
Strategy FitGeneric Wheel premium-selling environment fitCoverage 100%
62
Technical TrendPrice trend, momentum and long-term structureCoverage 100%
68
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%
54

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 Range-Bound Volatility

The TSLA option market currently reflects a neutral outlook, with implied volatility suggesting potential for sideways price movement. While recent news includes positive developments like the reopening of Roadster reservations and continued progress in autonomous driving technology, concerns remain regarding competition, margin pressure, and upcoming earnings expectations. The term structure shows a slight backwardation, indicating that near-term options are priced slightly more expensively than longer-dated options.

Front ATM IV43.36%
Current IV43.26%
IV Rank31.35
IV Percentile31.08%
25Δ skew-1.26
Term slope-2.12
Term structureBackwardation
Quote coverage100%
Median option spread2.51%
Term structure

Implied volatility by expiration

3 observed expirations
43.4%38.1%
ExpirationDTEATM IVState
2026-09-252.0043.36%
2026-09-307.0038.05%
2026-10-0916.0041.24%
Reference structures

Defined-risk observations

Bull Put Spread Reference

Expiration
Short strike$372.50
Long strike$370.00
Net credit / share$0.59
Credit / width23.80%
$59$-191$368.63$373.88Expiration payoff per standard 100-share contract

Bear Call Spread Reference

Expiration
Short strike$387.50
Long strike$390.00
Net credit / share$0.55
Credit / width21.80%
$55$-195$386.13$391.38Expiration payoff per standard 100-share contract
Evidence used
  • The 25-delta skew is balanced, suggesting symmetrical risk perception for both upside and downside moves.
  • Implied volatility is elevated at 43.26%, reflecting uncertainty surrounding upcoming events like the Roadster reveal and Q3 delivery figures.
  • The term structure exhibits a slight backwardation, with near-term options priced slightly higher than longer-dated options.
Risk context
  • Upcoming earnings on October 28th could trigger significant price swings depending on the company's performance and guidance.
Strategy intelligence

Structural fit, not a trade instruction

Wheel fit score59.70

TSLA's option market is showing signs of range-bound volatility. The balanced skew suggests traders are anticipating potential price fluctuations in both directions.

Execution intelligence

Liquidity and quote conditions

Dollar volume$9.86B
Underlying bid/ask spread0.01%
Option quote coverage100%
Median option spread2.51%
Fundamental intelligence

Business quality context

Factor score37.80
Coverage100%

Business quality and balance-sheet durability

Latest strategy observation

TSLA Covered Call signal

Sep 23, 2026 9:38 AM EDT

Covered Call | 2026-09-25 | short $380.00 | $5.85 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$1.50T
P/E (TTM)389.5×
Beta1.75
52-week range$297.38 – $498.83
52-week return-11.92%
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 identity0e2852d5e218c231e9ee5b6b

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.

Continue with the same symbol

Carry TSLA from this dated report into your Watchlist.

The report remains a fixed publication. The App and web workspace continue with current cached quotes, alerts, options context and symbol history.

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