AAPL Options History — August 2010

In August 2010, AAPL traded between $8.57 and $9.39. ATM implied volatility averaged 27.9%, placing in the 28.2% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 6.8% (HV 20d: 21.1%). Max pain ranged from $8.93 to $9.29. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 0.77.

Notable Days

  • 2010-08-11: Highest Volume — 11,400,816 contracts
  • 2010-08-11: Largest IV spike — 27.1% change
  • 2010-08-31: Highest IV Rank — 49.7%
  • 2010-08-25: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.98$8.57$9.39$9.35$8.68
Max Pain$8.99$8.93$9.29$8.93$8.93
ATM IV27.9%21.4%35.2%26.5%35.2%
Expected Move8.1%7.1%9.0%7.3%8.4%
HV 20d21.1%18.4%24.2%24.2%20.1%
HV 60d27.3%24.9%33.1%33.1%24.9%
IV Rank28.2%9.2%49.7%24.1%49.7%
IV Percentile35.8%1.6%81.7%22.2%81.7%
Term Structure3.2%2.5%4.5%2.5%2.8%
VWIV28.8%25.5%32.4%26.2%29.2%
Skew 25d3.5%2.1%5.0%3.3%2.1%
Skew 10d7.5%4.7%10.0%7.7%4.7%
Call IV 25d27.0%23.8%30.3%24.2%28.6%
Put IV 25d30.5%27.0%33.7%27.5%30.7%
Bid-Ask Spread %2.611.843.631.842.62
Gamma HHI0.120.090.170.150.12
Net GEX98.2M-514.7K239.8M225.1M58.5M
Net DEX-4.44B-7.32B-2.20B-7.00B-3.26B
Net VEX-45.0M-48.5M-42.3M-48.5M-42.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.551.100.680.55
Total Volume6,047,429.8183,120,46011,400,8165,045,4044,165,168
Total OI42,965,655.09135,246,48447,750,52842,821,46439,286,296

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-08-02$9.35$8.9326.5%7.3%24.2%24.1%26.2%3.3%2.5%225.1M-7.00B-48.5M0.681.84N/AN/A3,002,7482,042,65624,561,37618,260,088
2010-08-03$9.35$8.9324.7%7.2%24.2%18.7%25.6%3.3%2.6%216.5M-6.98B-47.9M0.832.18N/AN/A2,799,7482,316,69224,602,06018,456,984
2010-08-04$9.39$8.9325.7%7.1%19.9%21.7%25.5%2.9%3.5%239.8M-7.32B-47.5M0.782.19N/AN/A3,025,7922,370,00424,855,43218,736,564
2010-08-05$9.35$8.9324.5%7.2%20.0%18.3%26.1%3.2%2.8%218.5M-6.86B-47.5M0.872.07N/AN/A2,183,3281,897,25225,051,79618,858,028
2010-08-06$9.29$9.2921.4%7.9%20.0%9.2%28.6%3.6%2.7%174.8M-6.45B-46.9M0.762.16N/AN/A3,968,0763,004,56825,122,46819,286,540
2010-08-09$9.35$9.2922.8%7.9%19.8%13.3%27.9%3.6%2.5%224.9M-6.97B-45.9M0.732.43N/AN/A1,807,2601,313,20024,843,05618,990,888
2010-08-10$9.26$9.2921.9%7.8%18.4%10.6%28.1%4.5%2.7%169.8M-6.02B-45.3M0.883.07N/AN/A2,716,9242,396,82824,989,04819,106,864
2010-08-11$8.94$9.2927.8%8.7%22.7%28.0%32.4%4.4%2.6%41.1M-3.44B-45.2M1.102.73N/AN/A5,425,6445,975,17225,272,71619,364,100
2010-08-12$8.99$8.9330.3%8.7%22.8%35.3%30.6%3.8%2.7%91.8M-4.21B-46.9M0.732.18N/AN/A3,710,4482,724,73626,112,07220,762,504
2010-08-13$8.90$8.9329.8%8.5%23.0%33.8%29.7%4.5%3.2%26.1M-3.07B-45.6M0.642.70N/AN/A3,058,3841,962,15626,048,34421,159,880
2010-08-16$8.84$8.9328.5%8.2%22.2%29.9%29.3%5.0%3.5%-514.7K-2.87B-44.2M0.613.21N/AN/A3,605,2802,190,27225,740,45620,686,036
2010-08-17$9.00$8.9328.2%8.1%21.2%29.1%28.0%4.5%4.0%106.6M-4.53B-44.5M0.693.63N/AN/A3,720,4442,557,68826,043,92020,979,252
2010-08-18$9.04$8.9328.3%8.1%20.9%29.4%28.0%3.8%4.1%114.0M-4.90B-43.9M0.732.79N/AN/A3,121,0482,268,00025,994,55621,104,720
2010-08-19$8.92$8.9328.5%8.2%20.1%30.1%29.7%3.0%4.2%18.0M-3.84B-44.2M0.973.19N/AN/A3,900,5963,774,62426,125,54021,187,684
2010-08-20$8.92$8.9327.1%7.8%20.0%25.9%27.6%3.0%4.5%82.9M-3.24B-43.7M0.862.41N/AN/A3,710,2243,205,80426,417,46821,333,060
2010-08-23$8.78$8.9328.1%8.1%20.6%28.9%29.2%3.4%3.7%32.5M-3.23B-42.9M0.672.77N/AN/A3,021,3962,017,42819,325,23615,921,248
2010-08-24$8.57$8.9330.8%8.8%20.4%36.7%31.5%3.8%3.0%1.5M-2.20B-42.8M0.762.37N/AN/A4,293,9403,279,27620,129,11616,455,656
2010-08-25$8.67$8.9331.2%9.0%21.1%38.0%32.0%3.1%3.1%35.8M-2.89B-43.8M0.693.06N/AN/A4,343,7803,007,53620,705,30016,904,552
2010-08-26$8.58$8.9330.4%8.7%21.1%35.6%30.6%3.2%3.1%18.1M-2.51B-43.5M0.782.46N/AN/A3,976,1403,111,58421,157,38817,231,564
2010-08-27$8.63$8.9328.1%8.3%21.3%28.8%29.5%2.3%3.5%25.6M-2.88B-43.6M0.902.84N/AN/A4,014,9763,625,63621,630,36417,746,176
2010-08-30$8.66$8.9333.6%8.4%20.0%44.9%29.5%2.6%3.4%38.8M-3.09B-42.6M0.692.41N/AN/A2,624,6921,806,30821,238,98017,459,036
2010-08-31$8.68$8.9335.2%8.4%20.1%49.7%29.2%2.1%2.8%58.5M-3.26B-42.3M0.552.62N/AN/A2,692,2841,472,88421,662,25617,624,040