AAPL Options History — July 2013

In July 2013, AAPL traded between $14.61 and $16.19. ATM implied volatility averaged 27.8%, placing in the 45.9% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 4.9% (HV 20d: 23.0%). Max pain ranged from $14.11 to $15.89. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.66.

Notable Days

  • 2013-07-24: Highest Volume — 20,211,100 contracts
  • 2013-07-24: Largest IV drop — 25.5% change
  • 2013-07-09: Highest IV Rank — 63.1%
  • 2013-07-09: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.33$14.61$16.19$14.61$16.16
Max Pain$14.97$14.11$15.89$14.11$15.89
ATM IV27.8%21.1%33.0%32.0%21.9%
Expected Move8.0%6.0%9.5%9.0%6.3%
HV 20d23.0%20.0%26.3%20.3%22.9%
HV 60d24.0%22.0%26.7%26.3%22.4%
IV Rank45.9%23.7%63.1%59.7%26.2%
IV Percentile42.5%4.4%70.6%67.9%5.6%
Term Structure-2.0%-3.9%0.1%-2.0%-0.3%
VWIV27.9%21.4%33.0%31.8%22.0%
Skew 25d1.9%0.4%2.8%2.3%0.8%
Skew 10d3.2%0.5%5.0%4.1%0.7%
Call IV 25d26.9%20.9%31.7%30.7%21.7%
Put IV 25d28.8%21.7%34.5%33.0%22.5%
Bid-Ask Spread %11.515.8423.646.5915.19
Gamma HHI0.080.030.500.030.08
Net GEX384.9M-975.6M804.3M142.8M765.2M
Net DEX3.74B-5.76B10.42B10.42B-4.89B
Net VEX-137.4M-148.7M-125.1M-134.9M-148.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.540.760.640.66
Total Volume10,237,548.3645,774,30020,211,10011,664,12810,832,108
Total OI72,879,63262,737,58477,608,63671,809,97671,182,356

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-07-01$14.61$14.1132.0%9.0%20.3%59.7%31.8%2.3%-2.0%142.8M10.42B-134.9M0.646.59N/AN/A7,107,0724,557,05644,004,49227,805,484
2013-07-02$14.95$14.1130.9%8.8%22.5%56.1%30.8%2.1%-1.9%378.5M6.68B-142.8M0.669.33N/AN/A8,626,4085,670,00045,439,52028,631,120
2013-07-03$15.03$14.2930.7%8.8%22.6%55.3%30.8%2.2%-2.0%424.1M6.02B-143.4M0.676.53N/AN/A4,330,9842,891,81246,227,91629,449,924
2013-07-05$14.91$14.2931.2%8.9%22.3%57.1%31.2%2.4%-2.3%181.0M8.23B-137.5M0.745.84N/AN/A6,101,5924,513,96446,302,45229,703,156
2013-07-08$14.82$14.2931.9%9.1%22.0%59.3%32.0%2.5%-3.1%129.3M9.81B-130.9M0.668.42N/AN/A4,762,9123,148,54444,756,09628,052,444
2013-07-09$15.08$14.2933.0%9.5%23.1%63.1%33.0%2.8%-3.5%381.9M6.42B-138.9M0.678.35N/AN/A7,041,3844,729,64845,751,72028,460,404
2013-07-10$15.03$14.6432.3%9.3%23.1%60.9%32.5%2.5%-3.5%364.0M7.36B-135.8M0.6714.51N/AN/A4,942,7283,298,98846,862,62029,091,496
2013-07-11$15.26$0.0030.2%8.8%23.5%53.7%30.6%2.8%-2.4%709.6M3.95B-140.8M0.696.65N/AN/A6,241,3124,293,57647,379,02429,392,608
2013-07-12$15.23$14.6429.6%8.7%23.3%51.7%30.4%2.3%-2.2%335.2M4.80B-136.3M0.7020.05N/AN/A6,712,5804,690,56047,711,91629,896,720
2013-07-15$15.27$15.1829.8%8.3%22.8%52.4%28.8%2.7%-3.5%337.1M5.28B-138.0M0.6410.06N/AN/A4,403,0842,808,40045,745,42028,256,200
2013-07-16$15.36$15.1828.5%8.0%22.9%48.1%28.2%2.7%-3.2%418.4M4.42B-134.7M0.5413.31N/AN/A4,586,3442,488,64046,384,46428,651,672
2013-07-17$15.37$15.1827.7%7.9%22.9%45.5%27.6%2.7%-3.3%430.9M4.46B-133.8M0.6610.52N/AN/A3,484,9922,289,30847,025,77628,923,272
2013-07-18$15.42$15.1827.2%7.8%21.6%43.7%27.1%2.5%-0.9%518.0M3.69B-137.1M0.6110.70N/AN/A5,105,7443,131,01646,922,14828,950,432
2013-07-19$15.18$15.1828.5%8.2%21.7%48.1%28.6%2.5%-1.0%-975.6M7.35B-129.4M0.7111.64N/AN/A6,617,4364,678,38047,641,13229,272,656
2013-07-22$15.23$15.1828.4%8.0%21.5%47.9%28.0%2.2%-3.1%232.9M4.72B-129.5M0.667.40N/AN/A3,593,2122,356,98438,912,04823,825,536
2013-07-23$14.96$15.1829.4%8.4%20.0%51.2%29.1%1.2%-3.9%166.5M6.88B-125.1M0.6714.20N/AN/A8,379,0005,595,18440,321,34424,614,212
2013-07-24$15.73$15.0021.9%6.3%26.3%26.3%22.0%0.4%-0.3%750.4M-2.03B-137.8M0.6610.45N/AN/A12,191,2288,019,87243,457,37226,507,600
2013-07-25$15.66$15.7121.9%6.3%25.8%26.3%22.3%0.9%-0.0%569.1M-326.3M-138.6M0.6111.05N/AN/A6,021,1483,685,36044,725,71627,331,416
2013-07-26$15.75$15.7121.1%6.0%25.2%23.7%21.4%0.8%0.1%738.0M-1.91B-140.6M0.7623.64N/AN/A5,471,9844,158,19645,393,46027,744,724
2013-07-29$15.99$15.3622.2%6.4%25.4%27.4%22.5%0.8%-0.5%665.4M-3.24B-143.0M0.6615.43N/AN/A5,518,1843,635,10042,305,87225,094,356
2013-07-30$16.19$15.8921.9%6.3%23.7%26.3%22.3%0.7%-0.2%804.3M-5.76B-146.1M0.6213.45N/AN/A7,736,8764,777,16443,307,79625,935,812
2013-07-31$16.16$15.8921.9%6.3%22.9%26.2%22.0%0.8%-0.3%765.2M-4.89B-148.7M0.6615.19N/AN/A6,537,6924,294,41644,240,75626,941,600