AAPL Options History — June 2009

In June 2009, AAPL traded between $4.79 and $5.17. ATM implied volatility averaged 36.4%, placing in the 6.4% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 4.1% (HV 20d: 32.3%). Max pain ranged from $3.93 to $4.64. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 0.77.

Notable Days

  • 2009-06-10: Highest Volume — 9,039,436 contracts
  • 2009-06-11: Largest IV spike — 12.6% change
  • 2009-06-18: Highest IV Rank — 10.4%
  • 2009-06-05: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.98$4.79$5.17$4.98$5.09
Max Pain$4.41$3.93$4.64$4.64$4.64
ATM IV36.4%29.5%40.1%38.4%31.3%
Expected Move10.6%8.4%11.7%11.0%9.0%
HV 20d32.3%23.5%41.6%41.6%23.9%
HV 60d34.5%31.4%39.9%39.9%31.4%
IV Rank6.4%0.0%10.4%8.4%2.1%
IV Percentile14.3%0.0%27.4%19.0%0.4%
Term Structure3.5%0.9%6.2%0.9%6.0%
VWIV37.6%29.8%41.5%39.7%31.6%
Skew 25d3.5%2.3%5.0%3.9%2.3%
Skew 10d7.4%5.0%10.3%7.8%5.0%
Call IV 25d35.9%27.8%39.9%37.4%30.2%
Put IV 25d39.4%31.2%43.3%41.3%32.5%
Bid-Ask Spread %2.951.564.153.251.56
Gamma HHI0.140.080.540.130.13
Net GEX81.8M33.7M218.4M103.9M80.1M
Net DEX-3.92B-5.57B-2.29B-4.54B-3.90B
Net VEX-23.4M-24.5M-22.0M-23.6M-23.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.501.090.550.95
Total Volume5,569,174.5453,153,9769,039,4365,794,8523,287,284
Total OI43,455,353.45536,494,47249,080,47240,135,36841,597,332

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-06-01$4.98$4.6438.4%11.0%41.6%8.4%39.7%3.9%0.9%103.9M-4.54B-23.6M0.553.25N/AN/A3,741,2762,053,57622,396,47217,738,896
2009-06-02$4.98$4.6438.5%11.0%39.7%8.5%39.5%3.1%0.9%99.0M-4.47B-23.8M0.542.88N/AN/A3,013,8361,627,97622,436,98818,200,784
2009-06-03$5.03$4.6438.6%11.1%39.8%8.6%39.8%2.9%2.0%107.5M-4.82B-23.9M0.733.65N/AN/A3,555,5802,601,98422,680,28018,393,788
2009-06-04$5.13$4.6438.2%11.0%40.2%8.2%39.5%2.7%1.0%119.7M-5.45B-24.0M0.523.61N/AN/A4,447,7442,296,14023,094,79219,156,788
2009-06-05$5.17$3.9339.9%11.7%38.6%10.2%41.5%3.4%1.7%110.2M-5.57B-24.5M0.733.39N/AN/A5,188,2603,782,88423,134,77619,816,692
2009-06-08$5.14$4.1137.5%11.4%38.8%7.4%41.0%3.3%2.3%107.8M-5.22B-23.9M0.904.15N/AN/A3,795,9603,421,74023,771,35620,144,096
2009-06-09$5.10$4.1134.6%10.7%39.0%3.9%38.6%3.7%2.8%111.1M-5.01B-23.4M0.723.17N/AN/A3,679,3682,659,30024,362,54820,783,168
2009-06-10$5.01$4.1133.2%10.9%36.2%2.2%38.5%3.3%3.3%92.5M-4.28B-23.9M0.623.81N/AN/A5,579,0843,460,35224,892,50421,004,844
2009-06-11$5.00$4.2937.4%10.7%32.0%7.3%38.0%3.4%3.6%92.2M-4.22B-24.2M0.804.10N/AN/A3,052,9242,450,36425,617,34021,219,408
2009-06-12$4.89$4.2938.3%11.0%32.7%8.3%38.6%2.7%3.3%48.9M-3.29B-24.1M0.682.91N/AN/A3,264,3802,212,84025,948,04821,887,516
2009-06-15$4.86$4.2939.2%11.2%32.8%9.4%39.2%3.4%2.9%36.6M-3.07B-23.5M0.503.61N/AN/A2,902,2001,442,19626,260,44421,987,672
2009-06-16$4.87$4.2938.6%11.1%31.0%8.7%38.8%3.5%3.8%49.6M-3.25B-23.3M0.852.57N/AN/A2,953,9722,521,42826,605,37621,675,136
2009-06-17$4.84$4.2939.8%11.4%31.1%10.1%40.1%4.6%2.7%50.8M-3.08B-23.2M1.062.84N/AN/A3,571,1763,774,48426,630,99621,770,896
2009-06-18$4.85$4.4640.1%11.5%30.6%10.4%40.0%4.6%2.7%46.6M-3.12B-23.4M0.882.30N/AN/A3,015,2082,649,64026,547,80822,373,960
2009-06-19$4.98$4.4636.1%10.4%30.8%5.7%37.3%4.4%4.8%218.4M-4.06B-23.2M0.702.99N/AN/A3,391,7802,366,22426,674,92822,405,544
2009-06-22$4.91$4.4638.6%11.1%31.0%8.7%39.1%5.0%4.1%45.0M-2.88B-23.2M0.962.69N/AN/A2,393,3562,300,70420,147,65216,346,820
2009-06-23$4.79$4.4635.9%10.3%23.6%5.4%38.2%4.6%5.4%33.7M-2.29B-22.6M1.092.58N/AN/A2,719,6682,971,44420,751,94817,025,624
2009-06-24$4.86$4.4634.1%9.8%23.5%3.3%34.4%3.5%5.7%41.6M-2.73B-23.3M0.682.61N/AN/A1,882,2721,271,70421,237,91618,337,648
2009-06-25$5.00$4.4632.1%9.2%24.7%0.9%33.0%3.6%5.9%59.7M-3.40B-23.4M0.782.48N/AN/A2,109,5761,636,60021,417,64818,555,096
2009-06-26$5.09$4.6429.5%8.4%25.4%0.0%29.8%3.4%6.2%74.1M-3.84B-22.3M0.762.01N/AN/A1,804,5441,373,17621,452,08818,780,020
2009-06-29$5.07$4.6431.8%9.1%23.9%2.7%32.2%2.9%5.6%70.6M-3.76B-22.0M0.971.78N/AN/A2,182,7682,114,86821,658,70019,095,440
2009-06-30$5.09$4.6431.3%9.0%23.9%2.1%31.6%2.3%6.0%80.1M-3.90B-23.2M0.951.56N/AN/A1,682,3521,604,93222,182,60819,414,724