AAPL Options History — October 2012

In October 2012, AAPL traded between $21.26 and $23.98. ATM implied volatility averaged 33.3%, placing in the 57.6% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 7.8% (HV 20d: 25.5%). Max pain ranged from $22.50 to $23.21. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.74.

Notable Days

  • 2012-10-26: Highest Volume — 44,085,188 contracts
  • 2012-10-26: Largest IV drop — 28.3% change
  • 2012-10-19: Highest IV Rank — 85.3%
  • 2012-10-19: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.67$21.26$23.98$23.55$21.26
Max Pain$22.87$22.50$23.21$22.86$22.50
ATM IV33.3%25.6%41.8%31.0%30.6%
Expected Move9.8%7.7%12.0%8.7%8.3%
HV 20d25.5%21.5%31.8%23.4%29.7%
HV 60d22.9%21.5%24.8%21.7%24.4%
IV Rank57.6%31.2%85.3%37.4%50.9%
IV Percentile78.6%38.1%96.8%74.6%71.8%
Term Structure-1.7%-5.6%5.8%3.1%0.3%
VWIV34.0%26.8%41.3%30.4%29.4%
Skew 25d4.2%2.7%6.0%4.6%2.7%
Skew 10d7.9%5.4%10.0%9.3%5.7%
Call IV 25d32.0%24.7%39.3%28.8%28.0%
Put IV 25d36.3%28.8%44.1%33.4%30.7%
Bid-Ask Spread %17.985.2838.455.286.37
Gamma HHI0.060.030.440.050.03
Net GEX737.0M-1.57B1.87B1.12B455.6M
Net DEX-27.22B-50.09B-6.71B-40.17B-6.71B
Net VEX-292.8M-304.3M-266.5M-289.6M-266.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.570.990.670.63
Total Volume22,762,498.66713,770,73644,085,18822,442,70017,602,648
Total OI104,068,190.66788,860,912114,942,35294,883,88099,130,528

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-10-01$23.55$22.8631.0%8.7%23.4%37.4%30.4%4.6%3.1%1.12B-40.17B-289.6M0.675.28N/AN/A13,455,1208,987,58055,450,24839,433,632
2012-10-02$23.62$22.8629.8%8.3%22.7%34.7%29.1%4.7%4.4%1.12B-40.60B-288.1M0.728.42N/AN/A14,287,53210,278,60456,651,75641,177,528
2012-10-03$23.98$22.8625.6%7.7%23.3%31.2%27.0%4.4%5.8%1.87B-50.09B-295.7M0.666.37N/AN/A10,167,7246,736,96858,364,20842,350,000
2012-10-04$23.81$22.8626.1%7.7%23.2%37.3%26.8%3.5%5.5%1.48B-46.14B-295.1M0.885.48N/AN/A7,762,8886,820,43659,492,27243,515,360
2012-10-05$23.31$23.2129.2%10.0%24.2%46.7%35.0%4.3%-2.3%721.6M-32.34B-295.7M0.7827.97N/AN/A17,497,14413,671,64459,854,90044,877,588
2012-10-08$22.79$23.2134.0%10.5%23.7%61.6%36.3%4.6%-3.4%523.7M-25.04B-293.1M0.7228.72N/AN/A14,967,37210,724,08458,096,44443,132,516
2012-10-09$22.71$23.2133.6%10.4%23.7%60.3%36.0%4.1%-3.2%595.1M-25.50B-291.9M0.7428.74N/AN/A17,406,36812,852,42061,248,65644,358,944
2012-10-10$22.89$23.0428.8%10.2%23.2%45.5%35.4%4.0%-2.8%965.2M-31.19B-304.3M0.7023.13N/AN/A10,579,4367,436,52063,904,73645,801,336
2012-10-11$22.43$23.0435.1%10.1%22.6%64.9%34.8%3.7%-2.8%286.2M-20.46B-295.8M0.7316.72N/AN/A12,782,6729,286,81665,453,80846,877,124
2012-10-12$22.49$23.0434.4%9.9%21.9%62.7%34.5%3.9%-3.0%45.4M-21.33B-297.1M0.9919.14N/AN/A13,077,45612,969,79666,589,26447,700,884
2012-10-15$22.67$22.8633.6%9.6%21.5%60.3%33.9%4.5%-2.8%760.1M-27.07B-289.7M0.7831.20N/AN/A9,346,2607,294,28063,422,80044,652,244
2012-10-16$23.21$22.8634.1%9.8%23.6%61.7%34.4%4.4%-3.1%1.54B-40.92B-300.7M0.719.49N/AN/A13,110,8609,346,37264,512,98045,506,244
2012-10-17$23.02$22.8634.0%9.7%23.6%61.4%34.0%3.9%-3.3%1.36B-36.87B-297.7M0.8325.75N/AN/A7,539,8686,230,86866,013,24846,129,860
2012-10-18$22.59$22.8635.4%10.1%24.2%65.6%35.5%4.1%-3.6%457.2M-25.20B-290.6M0.6121.70N/AN/A12,534,9567,637,02865,956,63246,361,392
2012-10-19$21.78$22.8641.8%12.0%26.5%85.3%41.3%4.8%-5.6%-1.57B-8.18B-287.7M0.9227.97N/AN/A19,053,72017,542,58867,562,12447,380,228
2012-10-22$22.64$22.8638.5%11.0%30.9%75.4%38.7%6.0%-4.8%968.3M-29.26B-301.3M0.5710.82N/AN/A10,722,1526,115,98453,538,21235,322,700
2012-10-23$21.91$22.6838.9%11.1%31.7%76.4%38.5%4.8%-4.5%769.6M-18.42B-297.1M0.697.60N/AN/A10,081,8207,003,86457,078,11237,078,720
2012-10-24$22.03$22.6838.0%10.9%31.8%73.9%37.4%4.5%-4.4%848.2M-20.21B-298.6M0.6321.01N/AN/A9,917,5726,253,99658,668,45638,391,052
2012-10-25$21.77$22.6838.5%11.0%30.2%75.3%37.8%4.5%-5.4%747.0M-15.27B-290.9M0.7238.45N/AN/A14,447,13210,396,73660,410,11239,410,616
2012-10-26$21.57$22.5027.6%8.0%29.6%41.9%28.7%2.7%1.0%408.7M-10.62B-281.6M0.807.22N/AN/A24,542,98019,542,20863,222,62841,351,912
2012-10-31$21.26$22.5030.6%8.3%29.7%50.9%29.4%2.7%0.3%455.6M-6.71B-266.5M0.636.37N/AN/A10,779,5806,823,06859,967,40439,163,124