AAPL Options History — June 2011

In June 2011, AAPL traded between $11.26 and $12.36. ATM implied volatility averaged 23.5%, placing in the 24.6% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 1.9% (HV 20d: 21.6%). Max pain ranged from $11.79 to $12.14. Net GEX was positive for 9 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 0.80.

Notable Days

  • 2011-06-10: Highest Volume — 15,939,756 contracts
  • 2011-06-30: Largest IV drop — 25.3% change
  • 2011-06-20: Highest IV Rank — 39.5%
  • 2011-06-20: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.82$11.26$12.36$12.34$11.99
Max Pain$11.86$11.79$12.14$11.96$11.79
ATM IV23.5%16.8%28.8%23.3%16.8%
Expected Move6.6%5.5%8.3%6.4%5.5%
HV 20d21.6%18.7%26.4%18.8%24.1%
HV 60d19.7%18.1%21.0%21.0%20.2%
IV Rank24.6%7.6%39.5%24.0%7.6%
IV Percentile34.0%0.4%74.2%30.2%0.4%
Term Structure3.7%0.3%6.2%0.3%6.2%
VWIV23.2%19.9%28.8%22.8%19.9%
Skew 25d3.7%2.6%6.5%3.1%3.5%
Skew 10d7.7%5.1%13.4%8.3%6.8%
Call IV 25d21.4%17.8%26.4%21.3%17.8%
Put IV 25d25.1%21.3%32.1%24.5%21.3%
Bid-Ask Spread %5.242.877.304.973.19
Gamma HHI0.120.060.720.090.10
Net GEX-115.1M-2.42B491.7M291.3M491.7M
Net DEX-3.33B-8.80B2.14B-8.66B-7.07B
Net VEX-77.7M-82.1M-73.2M-78.1M-81.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.561.090.660.95
Total Volume10,013,021.4556,577,08815,939,75612,738,2647,507,192
Total OI50,849,767.81844,491,07656,902,88847,033,78451,840,348

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2011-06-01$12.34$11.9623.3%6.4%18.8%24.0%22.8%3.1%0.3%291.3M-8.66B-78.1M0.664.97N/AN/A7,670,8805,067,38425,807,96421,225,820
2011-06-02$12.36$12.1423.9%6.1%18.7%25.8%22.0%2.6%0.6%302.8M-8.80B-78.0M0.566.40N/AN/A4,878,9162,741,17226,509,39221,652,316
2011-06-03$12.27$11.7923.4%6.4%18.7%24.3%23.2%2.8%3.1%202.2M-7.37B-77.5M0.925.51N/AN/A4,569,7404,201,45627,111,28021,962,444
2011-06-06$12.07$11.7924.1%6.3%19.5%26.2%22.5%3.1%3.8%-7.5M-5.04B-75.5M0.614.50N/AN/A6,385,4843,869,06826,574,43621,540,316
2011-06-07$11.86$11.7923.9%6.5%20.3%25.7%22.8%2.6%3.7%-289.8M-1.80B-73.7M0.917.14N/AN/A5,794,9085,248,23627,149,61222,149,540
2011-06-08$11.87$11.9621.0%6.3%20.1%17.6%21.7%2.9%3.9%-269.9M-2.12B-74.6M0.796.30N/AN/A4,270,6723,375,82028,448,58823,140,348
2011-06-09$11.84$11.9621.6%6.2%20.1%19.4%21.7%2.9%4.0%-302.1M-1.89B-73.7M0.776.88N/AN/A4,664,9683,574,39628,885,27623,503,368
2011-06-10$11.64$11.9622.8%6.5%20.7%22.6%22.8%3.0%3.7%-480.7M1.07B-73.2M0.827.30N/AN/A8,759,4367,180,32029,521,24023,772,700
2011-06-13$11.66$11.9623.0%6.6%20.1%23.1%23.8%3.3%4.3%-305.3M-168.2M-76.3M0.976.18N/AN/A4,642,0644,499,65629,895,54423,971,584
2011-06-14$11.87$11.9620.8%6.0%19.9%17.1%20.8%3.0%5.0%-5.0M-3.39B-77.0M0.726.06N/AN/A3,833,4522,743,63630,403,71624,900,680
2011-06-15$11.67$11.9623.9%6.8%20.5%25.6%23.9%4.1%3.7%-330.9M54.2M-76.6M0.955.88N/AN/A4,588,4724,338,90830,548,53224,708,740
2011-06-16$11.61$11.7926.0%7.5%20.0%31.6%26.1%6.5%2.8%-359.5M332.0M-77.4M0.864.15N/AN/A5,772,7324,956,28030,847,99224,853,640
2011-06-17$11.44$11.7928.2%8.1%20.4%37.7%28.1%6.3%2.6%-2.42B2.14B-77.5M0.874.63N/AN/A7,985,2086,963,65631,452,20425,450,684
2011-06-20$11.26$11.7928.8%8.3%20.4%39.5%28.8%5.6%2.3%-166.9M1.46B-74.4M0.623.16N/AN/A8,249,8085,129,48824,483,64820,007,428
2011-06-21$11.62$11.7922.7%6.5%23.8%22.3%23.2%4.3%4.6%-13.3M-2.50B-78.3M0.723.73N/AN/A7,586,3765,431,94425,324,43221,095,760
2011-06-22$11.52$11.7922.3%6.4%23.8%21.3%22.7%3.6%4.3%-85.3M-1.52B-78.7M0.784.71N/AN/A4,619,4403,583,46826,732,18821,866,488
2011-06-23$11.83$11.7922.0%6.3%25.3%20.3%23.0%3.9%4.1%292.2M-5.77B-80.7M1.095.50N/AN/A5,243,3365,694,58427,390,88822,040,592
2011-06-24$11.66$11.7925.2%6.9%25.7%29.2%23.9%3.8%3.6%16.1M-3.47B-81.5M0.775.85N/AN/A6,801,9845,208,25228,386,40022,882,272
2011-06-27$11.86$11.7926.5%6.6%26.4%33.0%23.1%3.8%4.2%212.6M-5.47B-81.3M0.695.01N/AN/A4,739,0843,268,27227,430,28421,709,716
2011-06-28$11.97$11.7923.2%6.1%24.1%23.8%21.9%3.1%4.6%361.2M-6.90B-82.0M0.775.42N/AN/A4,193,5883,248,33628,179,84422,100,904
2011-06-29$11.93$11.7922.5%6.0%24.0%22.2%21.5%2.9%4.9%332.2M-6.42B-82.1M0.882.87N/AN/A3,823,2323,381,16828,602,33622,633,408
2011-06-30$11.99$11.7916.8%5.5%24.1%7.6%19.9%3.5%6.2%491.7M-7.07B-81.4M0.953.19N/AN/A3,856,1043,651,08828,941,19222,899,156