AAPL Options History — August 2009

In August 2009, AAPL traded between $5.70 and $6.07. ATM implied volatility averaged 28.6%, placing in the 4.6% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 5.6% (HV 20d: 23.0%). Max pain ranged from $5.36 to $5.89. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 0.80.

Notable Days

  • 2009-08-17: Highest Volume — 6,775,944 contracts
  • 2009-08-13: Largest IV spike — 16.5% change
  • 2009-08-17: Highest IV Rank — 9.7%
  • 2009-08-17: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.94$5.70$6.07$5.94$6.01
Max Pain$5.68$5.36$5.89$5.36$5.89
ATM IV28.6%24.0%32.8%27.9%30.7%
Expected Move8.4%7.7%9.4%8.0%8.8%
HV 20d23.0%19.1%26.8%23.3%24.5%
HV 60d26.5%24.5%29.9%29.8%24.6%
IV Rank4.6%0.0%9.7%2.2%7.3%
IV Percentile6.7%0.0%12.7%3.2%11.9%
Term Structure2.9%1.6%4.0%2.8%3.1%
VWIV30.1%27.5%33.6%28.6%31.4%
Skew 25d2.7%1.2%3.4%3.0%2.2%
Skew 10d5.4%2.4%7.0%6.1%4.5%
Call IV 25d28.6%26.3%32.1%26.7%30.3%
Put IV 25d31.3%29.3%35.0%29.7%32.5%
Bid-Ask Spread %3.422.395.012.842.89
Gamma HHI0.140.080.420.120.09
Net GEX104.3M32.2M217.2M112.6M73.2M
Net DEX-5.21B-6.44B-3.76B-5.61B-4.62B
Net VEX-23.7M-24.7M-22.5M-24.1M-24.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.491.210.780.68
Total Volume4,210,0042,641,8286,775,9444,737,9642,864,988
Total OI40,856,178.66735,004,59244,437,70839,520,48838,876,208

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-08-03$5.94$5.3627.9%8.0%23.3%2.2%28.6%3.0%2.8%112.6M-5.61B-24.1M0.782.84N/AN/A2,664,3962,073,56820,558,02018,962,468
2009-08-04$5.91$5.3627.6%7.9%20.7%1.8%28.4%2.8%3.1%100.4M-5.35B-24.1M0.682.39N/AN/A1,911,2241,300,15220,528,36819,413,576
2009-08-05$5.90$5.3627.9%8.0%21.1%2.1%28.6%2.4%3.0%103.2M-5.31B-24.3M0.872.75N/AN/A2,291,1001,991,55620,797,02819,522,748
2009-08-06$5.85$5.3626.8%7.7%21.2%1.0%27.5%3.0%3.6%96.6M-5.03B-24.7M1.052.85N/AN/A1,663,8441,742,30021,050,98819,863,228
2009-08-07$5.91$5.7124.0%8.2%21.1%0.0%29.5%2.7%2.7%107.3M-5.31B-24.1M0.915.01N/AN/A2,006,0321,819,21621,158,73220,413,260
2009-08-10$5.88$5.7125.2%8.2%20.4%1.2%29.3%3.0%2.4%108.4M-5.26B-22.5M0.754.83N/AN/A1,898,1481,431,58421,284,39620,452,292
2009-08-11$5.82$5.7124.8%8.2%21.4%0.8%29.7%2.9%2.6%87.9M-4.68B-23.7M1.073.83N/AN/A1,987,0482,126,18021,482,21620,666,632
2009-08-12$5.90$5.7124.9%8.3%19.5%0.9%30.0%2.8%2.7%114.4M-5.42B-23.3M0.714.85N/AN/A2,826,4322,009,61621,468,38420,879,964
2009-08-13$6.01$5.7129.0%8.3%20.0%5.4%30.0%3.1%2.6%133.7M-6.17B-24.2M0.843.47N/AN/A2,704,8282,260,74821,997,75220,967,436
2009-08-14$5.96$5.7128.9%8.3%19.1%5.4%30.3%2.5%2.9%115.1M-5.69B-23.8M0.773.21N/AN/A2,069,7601,598,68822,239,61621,373,492
2009-08-17$5.70$5.7132.8%9.4%25.7%9.7%33.6%3.0%1.6%32.2M-3.76B-24.2M0.794.00N/AN/A3,789,2682,986,67622,494,58421,437,556
2009-08-18$5.86$5.7131.0%8.9%26.8%7.7%31.7%3.0%2.4%107.5M-5.16B-23.8M0.793.58N/AN/A3,008,6282,380,64422,830,64021,433,860
2009-08-19$5.88$5.7131.2%9.0%24.3%7.9%32.2%3.4%2.4%108.1M-5.30B-23.6M1.063.65N/AN/A1,873,9561,984,78022,793,56821,644,140
2009-08-20$5.94$5.7129.8%8.5%24.5%6.3%30.2%2.9%3.1%138.6M-5.87B-22.9M0.632.80N/AN/A2,720,3401,724,18422,586,70421,697,928
2009-08-21$6.04$5.7128.8%8.3%24.7%5.2%29.6%3.4%2.6%217.2M-6.44B-22.6M0.493.88N/AN/A2,472,0361,206,74422,592,80821,723,632
2009-08-24$6.04$5.7131.6%9.1%24.7%8.3%32.3%2.7%2.8%76.3M-4.79B-23.1M0.692.97N/AN/A3,006,4722,089,19218,469,02416,535,568
2009-08-25$6.05$5.7129.9%8.6%24.7%6.5%30.4%2.7%3.1%87.4M-4.96B-22.7M0.672.96N/AN/A1,586,4521,067,16419,150,68417,136,420
2009-08-26$5.98$5.8930.2%8.7%25.2%6.8%30.2%2.3%3.6%78.8M-4.63B-22.8M0.722.94N/AN/A1,538,7401,103,08819,304,04017,292,688
2009-08-27$6.05$5.8929.3%8.4%24.9%5.8%29.8%1.3%3.7%94.5M-5.02B-23.8M0.663.29N/AN/A2,635,4441,735,07619,632,67617,471,328
2009-08-28$6.07$5.8928.8%8.3%24.9%5.2%29.5%1.2%4.0%97.4M-5.10B-24.2M1.212.89N/AN/A2,830,1003,429,69219,877,03217,918,068
2009-08-31$6.01$5.8930.7%8.8%24.5%7.3%31.4%2.2%3.1%73.2M-4.62B-24.4M0.682.89N/AN/A1,707,5241,157,46420,127,29618,748,912