AAPL Options History — October 2009

In October 2009, AAPL traded between $6.46 and $7.33. ATM implied volatility averaged 29.2%, placing in the 7.7% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 5.9% (HV 20d: 23.3%). Max pain ranged from $5.89 to $6.96. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.63.

Notable Days

  • 2009-10-21: Highest Volume — 20,619,984 contracts
  • 2009-10-15: Largest IV spike — 56.9% change
  • 2009-10-16: Highest IV Rank — 19.1%
  • 2009-10-05: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.89$6.46$7.33$6.46$6.73
Max Pain$6.62$5.89$6.96$5.89$6.79
ATM IV29.2%22.3%36.6%33.1%32.8%
Expected Move9.3%7.2%10.9%9.5%9.4%
HV 20d23.3%17.6%31.3%21.9%31.3%
HV 60d23.0%20.9%26.4%23.2%26.4%
IV Rank7.7%0.0%19.1%10.2%14.1%
IV Percentile13.3%0.0%37.3%23.8%30.6%
Term Structure0.8%-3.0%7.7%5.3%1.0%
VWIV33.0%26.2%38.1%33.5%33.1%
Skew 25d2.2%0.8%5.1%2.1%5.1%
Skew 10d4.6%2.0%10.1%4.7%10.1%
Call IV 25d32.0%24.5%36.9%32.8%31.5%
Put IV 25d34.2%26.6%40.1%34.9%36.5%
Bid-Ask Spread %3.652.065.482.273.84
Gamma HHI0.150.100.190.100.11
Net GEX152.0M61.2M202.4M103.1M61.2M
Net DEX-7.34B-8.92B-4.11B-5.94B-4.11B
Net VEX-27.7M-35.3M-23.6M-26.1M-35.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.360.850.780.61
Total Volume7,601,070.9093,497,87220,619,9844,801,46810,784,088
Total OI44,874,556.36435,039,98449,306,68443,293,96449,306,684

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-10-01$6.46$5.8933.1%9.5%21.9%10.2%33.5%2.1%5.3%103.1M-5.94B-26.1M0.782.27N/AN/A2,703,4562,098,01223,209,98420,083,980
2009-10-02$6.60$5.8930.6%8.8%22.7%7.4%31.3%2.6%7.7%142.0M-6.97B-26.3M0.522.57N/AN/A3,303,1321,725,64023,707,65620,358,268
2009-10-05$6.64$6.6131.2%10.9%21.8%8.0%38.1%3.1%-1.9%139.0M-7.08B-25.9M0.554.72N/AN/A2,437,7081,343,38423,762,11620,605,844
2009-10-06$6.79$6.6130.0%10.7%22.3%6.7%37.8%2.9%-1.9%166.4M-8.03B-25.4M0.554.65N/AN/A3,873,8842,120,18824,024,22420,737,052
2009-10-07$6.79$6.6129.0%10.4%21.6%5.6%36.8%2.8%-1.7%165.8M-7.95B-25.2M0.703.87N/AN/A2,467,2481,731,10024,020,38820,947,612
2009-10-08$6.76$6.6128.0%10.3%21.9%4.4%37.0%2.6%-1.4%155.7M-7.73B-25.0M0.675.48N/AN/A2,959,6001,974,39224,224,06021,303,744
2009-10-09$6.80$6.6125.5%10.3%21.7%1.6%36.3%2.2%-1.2%183.8M-8.22B-24.6M0.624.13N/AN/A2,276,5961,418,92824,494,06421,253,232
2009-10-12$6.81$6.6127.5%10.6%21.7%3.9%37.4%2.1%-1.9%177.2M-8.22B-24.2M0.613.96N/AN/A2,167,5641,330,30824,588,67621,439,292
2009-10-13$6.79$6.6125.7%10.4%21.9%1.8%36.7%2.4%-1.3%176.8M-8.04B-24.9M0.604.12N/AN/A2,536,4921,510,93624,781,06421,409,388
2009-10-14$6.83$6.6122.3%10.2%18.0%0.0%35.7%2.6%-1.4%202.4M-8.53B-23.8M0.494.21N/AN/A3,390,0161,649,39625,139,71621,521,780
2009-10-15$6.81$6.6135.0%10.0%17.6%14.1%35.7%2.0%-0.9%181.9M-8.24B-23.6M0.543.15N/AN/A3,510,2481,880,70425,035,72421,545,608
2009-10-16$6.72$6.6136.6%10.5%18.3%19.1%37.1%1.3%-1.6%129.7M-7.40B-24.7M0.362.98N/AN/A5,080,3481,845,90025,354,19621,821,352
2009-10-19$6.78$6.6136.5%10.5%18.4%19.1%36.8%2.9%-3.0%106.9M-5.70B-24.7M0.673.62N/AN/A7,201,3764,832,32419,724,96415,315,020
2009-10-20$7.10$6.6125.3%7.2%24.2%4.0%26.3%2.5%1.7%193.3M-7.89B-25.0M0.692.78N/AN/A8,701,1126,002,86422,324,31616,939,776
2009-10-21$7.32$6.6126.6%7.6%26.0%5.7%26.9%1.6%1.4%198.4M-8.92B-27.7M0.642.91N/AN/A12,560,9688,059,01622,808,43618,027,016
2009-10-22$7.33$6.7926.3%7.5%25.5%5.3%27.2%1.1%3.4%173.9M-8.47B-30.4M0.734.28N/AN/A7,776,6365,685,37223,608,50819,203,268
2009-10-23$7.28$6.7926.3%7.5%25.4%5.4%26.9%0.9%3.8%169.1M-8.25B-32.1M0.853.07N/AN/A3,668,8123,109,84824,514,11219,999,812
2009-10-26$7.23$6.7925.6%7.3%25.2%4.4%26.2%0.8%4.0%172.8M-7.95B-32.3M0.603.62N/AN/A4,295,5922,576,33625,128,96420,959,960
2009-10-27$7.05$6.9627.5%7.9%27.2%7.0%28.2%1.1%2.9%124.5M-6.47B-33.5M0.724.07N/AN/A4,788,9803,464,60825,689,77621,663,796
2009-10-28$6.87$6.9632.0%9.2%29.0%13.0%32.3%2.0%1.6%86.3M-5.13B-34.5M0.633.88N/AN/A5,628,2523,555,91626,139,37221,812,868
2009-10-29$7.01$6.7928.0%8.0%28.0%7.7%28.6%2.4%3.3%134.1M-6.33B-34.6M0.642.06N/AN/A4,386,3122,809,96826,796,95221,907,620
2009-10-30$6.73$6.7932.8%9.4%31.3%14.1%33.1%5.1%1.0%61.2M-4.11B-35.3M0.613.84N/AN/A6,715,1564,068,93227,118,84022,187,844