AAPL Options History — January 2010

In January 2010, AAPL traded between $6.86 and $7.68. ATM implied volatility averaged 32.9%, placing in the 26.6% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 6.0% (HV 20d: 26.9%). Max pain ranged from $7.14 to $7.14. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.68.

Notable Days

  • 2010-01-26: Highest Volume — 13,764,828 contracts
  • 2010-01-14: Largest IV spike — 51.8% change
  • 2010-01-22: Highest IV Rank — 65.3%
  • 2010-01-22: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.42$6.86$7.68$7.64$6.86
Max Pain$7.14$7.14$7.14$7.14$7.14
ATM IV32.9%21.4%48.6%29.7%35.2%
Expected Move10.8%9.0%13.9%10.9%10.1%
HV 20d26.9%21.0%36.3%26.9%36.3%
HV 60d27.4%25.8%29.4%26.8%29.4%
IV Rank26.6%0.0%65.3%17.3%33.1%
IV Percentile41.1%0.0%90.5%26.2%57.5%
Term Structure-2.0%-5.7%1.9%-1.4%1.9%
VWIV38.1%31.9%48.4%38.4%35.3%
Skew 25d2.2%1.4%4.2%1.7%3.3%
Skew 10d4.4%2.3%8.3%2.5%6.4%
Call IV 25d36.9%30.2%47.2%37.5%34.3%
Put IV 25d39.2%33.3%50.2%39.2%37.6%
Bid-Ask Spread %3.802.487.754.403.20
Gamma HHI0.170.100.290.250.10
Net GEX127.6M-40.7M241.3M241.3M-40.7M
Net DEX-6.33B-10.86B303.7M-10.84B303.7M
Net VEX-33.5M-40.0M-28.4M-28.5M-37.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.491.300.550.54
Total Volume8,047,450.5265,050,52813,764,8285,940,45211,754,008
Total OI44,537,787.36827,768,35655,832,00049,228,28440,637,828

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-01-04$7.64$7.1429.7%10.9%26.9%17.3%38.4%1.7%-1.4%241.3M-10.84B-28.5M0.554.40N/AN/A3,843,7002,096,75227,526,32421,701,960
2010-01-05$7.66$7.1428.0%10.9%25.8%13.2%38.9%1.4%-1.6%240.2M-10.86B-28.4M0.854.44N/AN/A4,176,9843,571,31627,619,84421,994,504
2010-01-06$7.53$7.1426.5%10.6%24.9%9.7%37.8%1.4%-1.5%196.9M-9.78B-29.2M1.004.41N/AN/A4,131,7644,148,76027,841,54822,646,484
2010-01-07$7.52$7.1425.4%10.7%25.0%7.3%38.1%1.8%-2.3%180.0M-9.63B-30.3M0.984.25N/AN/A3,170,6363,123,20428,308,70023,750,216
2010-01-08$7.57$7.1421.4%10.2%21.2%0.0%35.8%2.0%-1.7%198.3M-9.90B-31.0M0.673.68N/AN/A3,020,6122,029,91628,830,20024,352,412
2010-01-11$7.50$7.1422.8%10.2%21.4%3.2%36.1%1.4%-1.9%178.8M-9.46B-30.5M0.632.91N/AN/A3,509,9122,217,04029,257,98424,694,824
2010-01-12$7.42$7.1424.7%10.5%21.6%7.4%37.0%1.7%-2.4%144.7M-8.60B-30.9M0.543.09N/AN/A4,225,8162,270,21229,607,00424,861,732
2010-01-13$7.52$7.1424.5%10.9%21.7%7.2%38.1%1.7%-2.8%177.8M-9.73B-31.4M0.582.85N/AN/A4,680,7882,708,41229,843,54824,984,120
2010-01-14$7.48$7.1437.2%10.7%21.0%36.2%37.4%1.6%-2.4%190.3M-9.33B-31.7M0.492.86N/AN/A3,822,1961,859,64830,286,25625,448,388
2010-01-15$7.35$7.1438.4%11.0%22.2%38.8%38.8%1.7%-3.0%94.2M-8.20B-31.8M0.492.48N/AN/A5,546,8562,744,95230,392,79625,439,204
2010-01-19$7.68$7.1435.9%10.3%25.3%33.3%36.7%2.0%-2.3%113.3M-4.50B-32.7M0.513.04N/AN/A4,389,1962,256,52015,775,31211,993,044
2010-01-20$7.56$7.1438.6%11.1%25.9%39.4%38.8%2.4%-2.7%101.6M-3.96B-34.1M0.602.58N/AN/A3,515,9042,122,76416,626,06412,520,564
2010-01-21$7.43$7.1440.5%11.6%26.7%45.8%40.8%2.1%-3.4%85.0M-3.43B-35.5M1.303.27N/AN/A3,708,8244,812,24817,510,19213,136,676
2010-01-22$7.06$7.1448.6%13.9%32.4%65.3%48.4%3.0%-5.7%21.1M-1.32B-37.8M0.575.88N/AN/A6,026,6083,408,80418,689,44015,222,088
2010-01-25$7.25$7.1445.4%13.0%33.7%57.5%45.1%4.2%-5.4%64.5M-2.57B-39.1M0.697.75N/AN/A4,520,6283,125,97620,625,47216,039,128
2010-01-26$7.35$7.1436.7%10.5%31.8%36.7%37.4%2.8%-1.6%107.8M-3.46B-40.0M0.633.73N/AN/A8,460,0885,304,74022,164,82816,696,176
2010-01-27$7.42$7.1431.4%9.0%31.7%23.9%31.9%3.1%1.1%114.4M-3.66B-38.6M0.673.90N/AN/A7,882,3365,259,66021,846,52417,361,008
2010-01-28$7.12$7.1433.6%9.6%34.7%29.3%34.3%2.8%0.8%13.9M-1.33B-38.4M0.633.47N/AN/A5,806,3883,647,39222,382,69617,602,872
2010-01-29$6.86$7.1435.2%10.1%36.3%33.1%35.3%3.3%1.9%-40.7M303.7M-37.3M0.543.20N/AN/A7,648,7324,105,27622,914,10817,723,720