AAPL Options History — April 2010

In April 2010, AAPL traded between $8.43 and $9.67. ATM implied volatility averaged 25.4%, placing in the 19.8% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 6.9% (HV 20d: 18.5%). Max pain ranged from $7.50 to $8.93. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.62.

Notable Days

  • 2010-04-21: Highest Volume — 13,907,264 contracts
  • 2010-04-15: Largest IV spike — 57.9% change
  • 2010-04-30: Highest IV Rank — 44.7%
  • 2010-04-20: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.97$8.43$9.67$8.43$9.32
Max Pain$8.35$7.50$8.93$7.50$8.93
ATM IV25.4%18.3%31.9%24.6%31.8%
Expected Move8.2%6.5%9.2%7.1%9.1%
HV 20d18.5%12.7%30.3%18.9%30.3%
HV 60d25.4%22.5%27.5%27.5%24.0%
IV Rank19.8%0.0%44.7%10.5%44.7%
IV Percentile21.7%0.0%67.9%5.2%67.9%
Term Structure0.6%-2.7%6.4%6.4%2.3%
VWIV29.2%23.5%32.4%25.2%32.4%
Skew 25d1.6%-0.3%2.8%0.6%1.3%
Skew 10d3.0%-0.7%5.2%0.5%3.1%
Call IV 25d28.3%22.2%31.9%25.1%31.9%
Put IV 25d29.9%24.1%33.2%25.7%33.2%
Bid-Ask Spread %2.711.814.331.983.82
Gamma HHI0.220.130.530.200.13
Net GEX258.1M151.3M418.4M249.3M189.0M
Net DEX-9.57B-11.74B-6.50B-8.14B-8.98B
Net VEX-40.2M-50.1M-36.5M-37.1M-50.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.280.900.740.70
Total Volume7,463,946.6672,967,86013,907,2648,568,0567,276,836
Total OI37,222,569.33328,421,28841,146,70036,187,50839,426,660

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-04-01$8.43$7.5024.6%7.1%18.9%10.5%25.2%0.6%6.4%249.3M-8.14B-37.1M0.741.98N/AN/A4,934,4403,633,61620,490,70815,696,800
2010-04-05$8.52$7.8624.9%8.9%14.7%11.6%31.6%2.1%-0.5%282.3M-8.72B-37.1M0.601.90N/AN/A4,240,0122,527,84021,250,12416,375,380
2010-04-06$8.55$7.8622.6%8.7%14.6%3.9%30.8%2.0%-0.4%285.9M-8.95B-37.3M0.632.57N/AN/A3,187,0162,013,22821,603,56816,788,464
2010-04-07$8.59$8.2123.6%8.8%13.7%7.3%31.1%1.8%-0.6%297.3M-9.28B-37.8M0.681.95N/AN/A4,225,6762,878,93221,722,73617,060,316
2010-04-08$8.57$8.2122.5%8.8%13.8%3.6%30.8%2.1%-0.3%294.8M-9.12B-37.2M0.512.49N/AN/A3,938,5081,991,97621,722,73617,060,316
2010-04-09$8.64$8.2119.5%8.4%13.9%0.0%29.9%2.2%-0.2%335.3M-9.73B-37.7M0.902.71N/AN/A2,373,6722,135,72822,457,79217,614,800
2010-04-12$8.65$8.2121.3%8.5%13.9%5.6%30.0%2.1%-0.9%348.8M-9.91B-37.1M0.622.07N/AN/A2,192,4841,366,28822,457,79217,614,800
2010-04-13$8.66$8.2119.3%8.2%12.7%0.0%29.1%2.1%-0.4%274.2M-9.61B-36.9M0.802.68N/AN/A1,645,7001,322,16022,105,41218,231,920
2010-04-14$8.77$8.2118.3%7.9%13.1%0.0%28.5%2.8%-0.1%307.2M-10.46B-36.5M0.532.08N/AN/A3,815,0562,031,34422,059,15618,388,188
2010-04-15$8.89$8.2128.8%8.3%13.2%31.6%29.6%2.3%-0.2%418.4M-11.10B-37.9M0.452.41N/AN/A4,314,6881,951,15222,134,28018,622,408
2010-04-16$8.84$8.2130.3%8.7%13.8%35.9%30.9%1.8%-0.7%169.1M-10.38B-38.4M0.282.79N/AN/A6,646,7801,827,75622,316,30818,830,392
2010-04-19$8.82$8.2130.3%8.7%12.7%36.0%31.0%2.1%-1.6%153.4M-6.84B-38.7M0.543.72N/AN/A3,752,5882,017,37216,188,59212,232,696
2010-04-20$8.74$8.2131.9%9.2%13.7%40.8%31.7%1.4%-2.7%151.3M-6.50B-40.0M0.774.33N/AN/A4,647,8883,574,17217,157,05612,870,032
2010-04-21$9.26$8.5722.7%6.5%23.3%13.2%23.5%2.0%1.6%248.4M-9.76B-39.5M0.811.81N/AN/A7,679,8686,227,39618,563,27214,081,116
2010-04-22$9.52$8.5724.9%7.1%24.4%19.8%25.7%1.3%1.1%234.4M-10.65B-40.2M0.492.85N/AN/A7,835,6883,862,68418,922,42814,406,840
2010-04-23$9.67$8.5724.8%7.1%23.5%21.5%25.6%-0.3%2.3%256.1M-11.74B-41.3M0.452.57N/AN/A7,917,7843,524,58419,819,85614,880,348
2010-04-26$9.63$8.5727.2%7.8%23.7%29.5%28.4%0.3%1.9%237.9M-11.15B-43.8M0.692.94N/AN/A4,071,9282,827,30020,518,42815,405,012
2010-04-27$9.36$8.9329.1%8.3%26.9%35.7%30.0%0.5%1.5%206.9M-9.50B-46.0M0.794.33N/AN/A4,269,3843,373,27221,275,96815,809,892
2010-04-28$9.34$8.9328.3%8.1%26.8%33.1%28.7%0.7%1.6%219.2M-9.40B-47.2M0.542.28N/AN/A6,057,5483,261,35622,191,17616,052,820
2010-04-29$9.59$8.9327.6%7.9%27.6%30.8%28.4%2.3%2.2%260.5M-11.09B-47.5M0.582.53N/AN/A5,947,5923,423,58822,821,82016,445,548
2010-04-30$9.32$8.9331.8%9.1%30.3%44.7%32.4%1.3%2.3%189.0M-8.98B-50.1M0.703.82N/AN/A4,276,4403,000,39622,708,39216,718,268