A Options History — April 2024

In April 2024, A traded between $132.28 and $146.99. ATM implied volatility averaged 26.1%, placing in the 34.7% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 4.8% (HV 20d: 21.3%). Max pain ranged from $135.00 to $145.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 0.99.

Notable Days

  • 2024-04-29: Highest Volume — 1,543 contracts
  • 2024-04-04: Largest IV spike — 16.2% change
  • 2024-04-18: Highest IV Rank — 46.5%
  • 2024-04-18: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$139.91$132.28$146.99$144.96$137.28
Max Pain$136.36$135.00$145.00$145.00$135.00
ATM IV26.1%24.0%28.4%24.2%26.4%
Expected Move7.5%6.9%8.1%6.9%7.6%
HV 20d21.3%17.8%26.4%22.2%26.4%
HV 60d23.0%21.7%24.8%22.0%24.0%
IV Rank34.7%23.8%46.5%24.9%36.0%
IV Percentile50.5%26.2%71.4%27.8%57.9%
Term Structure1.4%0.7%2.4%0.9%1.6%
VWIV26.0%24.3%28.3%24.3%25.5%
Skew 25d2.1%1.4%2.8%1.4%1.7%
Skew 10d4.7%3.5%6.1%3.7%4.6%
Call IV 25d25.2%23.5%26.7%23.6%25.4%
Put IV 25d27.3%25.0%29.4%25.0%27.1%
Bid-Ask Spread %72.3761.8080.3961.8064.33
Gamma HHI0.230.130.370.340.14
Net GEX1.8M-495.5K4.7M3.5M890.4K
Net DEX-34.6M-72.9M1.6M-57.6M-27.9M
Net VEX-297.3K-329.4K-263.7K-327.9K-280.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.990.172.790.670.29
Total Volume740.8642041,543527241
Total OI21,610.77317,73823,58321,76420,171

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$144.96$145.0024.2%6.9%22.2%24.9%24.3%1.4%0.9%3.5M-57.6M-327.9K0.6761.80N/AN/A31521211,65110,113
2024-04-02$144.22$145.0024.2%6.9%19.0%25.2%24.8%2.1%0.7%3.3M-53.4M-329.4K0.6062.33N/AN/A24914911,74410,181
2024-04-03$143.37$145.0024.2%6.9%18.9%24.9%24.3%1.6%1.3%3.0M-48.6M-322.5K1.2365.85N/AN/A13917111,83410,260
2024-04-04$141.70$135.0028.1%7.8%18.0%45.1%28.3%2.4%1.1%2.4M-38.7M-324.6K2.7968.37N/AN/A15743811,90710,314
2024-04-05$143.94$135.0024.0%7.3%17.8%23.8%25.2%2.2%1.1%3.2M-49.7M-324.1K0.9068.49N/AN/A66159411,91410,527
2024-04-08$144.39$135.0025.9%7.5%17.9%33.9%26.2%1.8%0.8%3.7M-54.7M-325.7K1.0771.42N/AN/A20922312,37010,487
2024-04-09$146.99$135.0026.3%7.5%18.8%36.0%26.0%1.9%1.1%4.7M-72.9M-319.6K1.1171.30N/AN/A26429412,31910,572
2024-04-10$144.81$135.0025.9%7.4%19.4%33.7%26.0%2.3%1.6%3.8M-56.2M-316.7K1.2676.94N/AN/A44556212,30010,702
2024-04-11$145.39$135.0025.3%7.3%19.5%30.6%25.6%1.9%1.8%4.0M-58.8M-315.6K0.4073.58N/AN/A1465812,30410,900
2024-04-12$140.85$135.0027.5%7.9%21.1%41.8%27.3%2.1%1.3%1.6M-28.0M-303.9K1.0474.12N/AN/A25626512,29410,932
2024-04-15$139.43$135.0027.4%7.9%19.2%41.6%27.8%2.3%1.1%676.1K-18.5M-289.8K1.6272.84N/AN/A56591312,27710,981
2024-04-16$137.28$135.0028.0%8.0%19.5%44.5%27.5%2.8%1.5%-161.4K-8.8M-288.3K0.8572.61N/AN/A26822912,50611,077
2024-04-17$134.67$135.0027.4%7.9%20.1%41.5%27.3%2.3%1.0%-495.5K-6.3M-279.1K0.6575.61N/AN/A88957512,56710,443
2024-04-18$132.47$135.0028.4%8.1%20.4%46.5%27.1%2.7%0.7%87.9K492.5K-267.5K1.1178.82N/AN/A33937813,01210,357
2024-04-19$132.28$135.0028.1%8.1%19.6%45.1%26.5%2.3%1.3%-181.1K1.6M-267.2K0.2772.54N/AN/A61016513,12910,313
2024-04-22$133.95$135.0025.3%7.2%20.5%30.5%25.3%2.2%2.4%-6.8K-9.7M-263.7K0.1777.54N/AN/A1,2892178,3119,427
2024-04-23$139.47$135.0025.2%7.2%25.8%30.3%26.1%1.9%2.3%1.5M-41.4M-286.4K2.6580.22N/AN/A2877609,4579,411
2024-04-24$137.02$135.0025.9%7.4%26.4%34.0%25.4%2.0%1.6%1.2M-31.0M-281.1K0.2480.39N/AN/A265649,4809,546
2024-04-25$136.63$135.0025.6%7.3%25.6%32.2%25.2%2.5%2.2%1.1M-28.5M-281.1K0.3374.93N/AN/A166549,4779,541
2024-04-26$137.97$135.0025.1%7.2%26.1%29.7%25.5%1.8%1.9%1.3M-34.1M-277.7K0.8975.06N/AN/A3573189,4979,568
2024-04-29$138.92$135.0025.7%7.4%26.2%32.5%25.8%1.7%1.6%1.4M-38.8M-269.4K1.6673.10N/AN/A5809639,5479,717
2024-04-30$137.28$135.0026.4%7.6%26.4%36.0%25.5%1.7%1.6%890.4K-27.9M-280.0K0.2964.33N/AN/A187549,79510,376