AAPL Options History — July 2010

In July 2010, AAPL traded between $8.77 and $9.43. ATM implied volatility averaged 32.6%, placing in the 42.0% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded above realized volatility by 3.9% (HV 20d: 28.7%). Max pain ranged from $8.57 to $8.93. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.70.

Notable Days

  • 2010-07-16: Highest Volume — 14,547,988 contracts
  • 2010-07-15: Largest IV spike — 53.6% change
  • 2010-07-15: Highest IV Rank — 73.1%
  • 2010-07-06: Largest Expected Move — 12.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.11$8.77$9.43$8.87$9.19
Max Pain$8.89$8.57$8.93$8.57$8.93
ATM IV32.6%23.3%43.2%40.1%23.3%
Expected Move10.3%7.4%12.6%11.3%7.5%
HV 20d28.7%23.8%32.9%31.7%23.8%
HV 60d36.0%33.9%37.6%36.5%33.9%
IV Rank42.0%14.9%73.1%63.9%14.9%
IV Percentile58.7%4.8%96.8%92.9%4.8%
Term Structure1.5%-2.2%8.1%6.3%3.4%
VWIV36.3%25.9%45.8%40.2%27.3%
Skew 25d3.8%2.1%4.8%4.3%4.4%
Skew 10d7.3%4.3%9.3%8.6%9.2%
Call IV 25d34.3%24.4%42.6%38.8%25.2%
Put IV 25d38.1%27.9%47.0%43.0%29.6%
Bid-Ask Spread %2.942.124.043.433.37
Gamma HHI0.150.080.760.100.13
Net GEX256.6M80.8M1.83B109.1M163.0M
Net DEX-6.30B-8.05B-4.11B-4.79B-5.65B
Net VEX-50.4M-52.7M-48.2M-50.7M-49.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.551.440.560.71
Total Volume8,561,653.3334,209,04414,547,98812,250,6166,201,972
Total OI44,292,529.33335,444,80850,896,32843,176,19643,476,636

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-07-01$8.87$8.5740.1%11.3%31.7%63.9%40.2%4.3%6.3%109.1M-4.79B-50.7M0.563.43N/AN/A7,862,0084,388,60825,236,03617,940,160
2010-07-02$8.82$8.5732.6%10.3%30.4%42.1%36.6%4.3%8.1%118.5M-4.58B-49.5M0.734.04N/AN/A5,106,2763,727,27626,084,91218,199,300
2010-07-06$8.88$8.9339.0%12.6%29.8%60.8%45.8%4.4%-2.1%121.5M-4.97B-49.1M0.653.59N/AN/A4,476,5842,922,83625,863,74018,745,720
2010-07-07$9.24$8.9332.3%11.5%32.9%40.9%42.0%4.2%-0.7%228.5M-7.78B-50.4M0.843.70N/AN/A4,187,0643,514,42026,386,24819,527,340
2010-07-08$9.22$8.9331.3%11.7%31.4%38.1%41.0%3.3%-0.7%210.1M-7.50B-49.6M0.593.47N/AN/A5,460,0283,240,18826,240,92819,909,036
2010-07-09$9.27$8.9328.3%11.4%29.8%29.4%40.6%3.6%-0.1%348.5M-8.05B-49.9M0.552.30N/AN/A3,236,6601,768,28426,950,86820,126,428
2010-07-12$9.19$8.9331.7%11.2%29.8%39.5%39.7%3.6%-0.0%186.1M-7.22B-48.7M0.552.58N/AN/A3,824,3522,108,54026,769,09219,998,860
2010-07-13$8.99$8.9333.7%11.8%30.8%45.2%41.2%4.1%-0.8%115.6M-5.64B-48.2M0.692.85N/AN/A8,407,9805,808,09627,032,48820,212,864
2010-07-14$9.03$8.9328.1%12.0%29.8%28.9%41.5%3.9%-0.9%158.5M-6.35B-49.3M0.692.39N/AN/A5,138,8963,533,18028,319,00420,950,356
2010-07-15$8.98$8.9343.2%12.4%27.6%73.1%43.0%4.8%-1.5%126.6M-5.92B-50.7M1.442.62N/AN/A3,059,9244,410,19628,675,10821,191,688
2010-07-16$8.92$8.9341.9%12.0%26.5%69.1%42.0%3.9%-0.5%182.3M-5.69B-51.0M0.732.80N/AN/A8,423,7166,124,27229,197,25221,699,076
2010-07-19$8.77$8.9342.3%12.1%26.5%70.2%42.6%2.1%-2.2%80.8M-4.11B-50.2M0.772.22N/AN/A5,776,4284,470,56420,315,26015,129,548
2010-07-20$9.00$8.9339.4%11.3%28.4%61.8%39.4%3.3%-1.1%131.2M-5.60B-52.2M0.673.65N/AN/A6,967,1004,636,38022,011,19216,403,044
2010-07-21$9.08$8.9333.8%9.7%28.1%45.4%33.1%3.9%1.8%178.4M-6.15B-52.6M0.653.67N/AN/A8,766,9685,716,45223,527,08417,565,744
2010-07-22$9.25$8.9329.8%8.6%29.1%33.9%30.2%4.0%3.2%239.1M-7.16B-52.7M0.622.12N/AN/A4,379,8162,731,70824,879,82018,294,892
2010-07-23$9.28$8.9328.0%8.0%29.1%28.4%28.3%3.9%4.2%1.83B-7.11B-52.5M0.553.36N/AN/A4,297,1322,382,35224,839,19218,615,688
2010-07-26$9.26$8.9326.8%7.7%29.0%25.0%27.4%3.2%4.3%189.0M-6.65B-50.6M0.622.29N/AN/A2,604,2801,604,76423,836,70817,787,980
2010-07-27$9.43$8.9326.9%7.7%29.7%25.1%27.1%3.4%4.0%259.9M-8.04B-51.0M0.632.33N/AN/A4,048,1562,553,74024,404,94018,050,732
2010-07-28$9.32$8.9325.9%7.4%24.9%22.5%25.9%3.5%3.9%224.5M-7.07B-50.6M0.832.49N/AN/A3,077,9282,563,51224,513,97218,082,064
2010-07-29$9.22$8.9326.2%7.5%24.2%23.1%26.6%3.0%3.2%190.8M-6.19B-49.8M0.622.46N/AN/A3,877,9442,408,14024,847,22818,304,888
2010-07-30$9.19$8.9323.3%7.5%23.8%14.9%27.3%4.4%3.4%163.0M-5.65B-49.5M0.713.37N/AN/A3,625,4402,576,53224,964,01618,512,620