AAPL Options History — August 2013

In August 2013, AAPL traded between $16.23 and $18.13. ATM implied volatility averaged 25.6%, placing in the 35.1% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 0.5% (HV 20d: 25.2%). Max pain ranged from $15.89 to $17.86. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.57.

Notable Days

  • 2013-08-07: Highest Volume — 31,157,000 contracts
  • 2013-08-13: Largest IV spike — 16.1% change
  • 2013-08-19: Highest IV Rank — 51.0%
  • 2013-08-27: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.32$16.23$18.13$16.31$17.40
Max Pain$16.77$15.89$17.86$15.89$17.50
ATM IV25.6%20.2%30.0%21.5%29.4%
Expected Move7.3%5.8%8.6%6.2%8.5%
HV 20d25.2%22.6%29.6%23.0%25.9%
HV 60d23.0%21.0%24.1%22.5%23.8%
IV Rank35.1%20.6%51.0%24.9%43.1%
IV Percentile29.6%2.8%59.9%4.4%54.8%
Term Structure-0.4%-1.9%1.4%-0.2%-0.5%
VWIV25.9%20.5%30.3%21.8%30.1%
Skew 25d-0.4%-2.0%0.9%0.6%-0.3%
Skew 10d-1.4%-4.8%1.4%0.8%-1.1%
Call IV 25d26.2%20.2%30.5%21.5%30.2%
Put IV 25d25.8%20.9%30.2%22.2%30.0%
Bid-Ask Spread %9.623.2716.8616.304.23
Gamma HHI0.080.050.210.100.07
Net GEX772.7M-198.0M1.23B990.2M495.8M
Net DEX-14.34B-25.28B382.3M-6.85B-9.79B
Net VEX-173.5M-189.1M-150.5M-150.5M-181.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.140.730.710.68
Total Volume14,731,334.5458,014,77631,157,0008,014,77612,431,496
Total OI74,307,895.45569,431,12480,070,34072,319,21278,730,764

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-08-01$16.31$15.8921.5%6.2%23.0%24.9%21.8%0.6%-0.2%990.2M-6.85B-150.5M0.7116.30N/AN/A4,689,2443,325,53244,905,98027,413,232
2013-08-02$16.52$15.8921.4%6.2%22.7%24.6%21.8%0.3%-0.1%827.9M-10.61B-155.3M0.6411.88N/AN/A7,538,3844,816,16845,221,37227,813,632
2013-08-05$16.77$16.2522.7%6.5%22.6%29.0%22.9%0.1%-0.1%857.3M-11.39B-154.9M0.5111.50N/AN/A8,504,5244,364,05243,447,43226,364,940
2013-08-06$16.62$16.2521.9%6.3%22.8%26.4%22.3%0.2%-0.0%812.6M-9.20B-154.5M0.5316.27N/AN/A7,342,9723,881,83644,813,02027,259,400
2013-08-07$16.61$16.2521.4%6.1%22.6%24.7%21.7%0.4%0.0%774.0M-9.19B-157.5M0.1410.88N/AN/A27,361,6843,795,31645,321,86427,929,468
2013-08-08$16.46$16.2520.8%6.0%22.8%22.5%21.1%0.9%0.3%443.8M-3.14B-158.2M0.7312.60N/AN/A4,796,5403,512,01243,391,37628,605,976
2013-08-09$16.23$16.2520.2%5.8%23.6%20.6%20.5%0.7%0.5%-198.0M382.3M-153.4M0.6415.06N/AN/A6,911,1004,408,34843,681,09228,695,716
2013-08-12$16.69$16.4321.4%6.1%25.2%24.6%21.6%0.3%1.4%871.2M-7.59B-160.6M0.5114.12N/AN/A8,917,3284,556,21642,412,35627,018,768
2013-08-13$17.48$16.4324.8%7.1%29.3%36.0%25.2%-2.0%0.5%1.03B-19.84B-169.8M0.4516.86N/AN/A21,394,3529,634,63244,118,28428,057,512
2013-08-14$17.80$16.7926.0%7.5%29.4%39.9%26.3%-1.6%0.7%1.12B-24.08B-176.6M0.504.53N/AN/A19,607,6449,816,32446,062,40829,775,984
2013-08-15$17.78$0.0027.4%7.9%29.6%44.7%27.8%-1.5%-0.6%1.11B-22.41B-183.1M0.5413.75N/AN/A11,455,5286,242,68447,680,24830,870,224
2013-08-16$17.94$17.6828.0%8.1%28.3%46.4%28.6%-1.5%-0.9%1.23B-25.28B-185.1M0.587.36N/AN/A9,894,1925,749,40848,612,64831,457,692
2013-08-19$18.13$16.6129.3%8.3%28.2%51.0%29.3%-1.2%-1.9%954.7M-23.18B-185.3M0.576.34N/AN/A11,493,1046,608,02844,426,08825,825,156
2013-08-20$17.90$16.6128.9%8.2%27.8%41.3%29.2%-1.5%-1.5%807.3M-19.39B-187.9M0.547.20N/AN/A7,913,0524,263,72846,256,44827,284,908
2013-08-21$17.94$16.7928.2%8.1%23.2%38.6%28.5%-1.0%-1.3%833.9M-19.75B-189.1M0.698.39N/AN/A6,685,8964,583,12447,249,83228,061,208
2013-08-22$17.96$16.7927.7%8.0%22.9%36.7%27.9%-1.1%-0.1%870.1M-20.16B-187.9M0.517.89N/AN/A5,871,9922,978,30447,953,27628,718,228
2013-08-23$17.89$16.7927.1%7.8%23.2%34.0%27.4%-0.8%0.0%664.1M-19.16B-186.6M0.586.60N/AN/A6,715,6043,909,72448,569,69628,878,584
2013-08-26$17.96$17.8627.6%7.9%23.0%36.1%27.9%-0.7%-1.0%875.9M-19.02B-185.5M0.517.84N/AN/A7,365,4843,757,76845,998,62426,700,576
2013-08-27$17.45$17.8630.0%8.6%25.9%45.4%30.3%-0.3%-1.7%523.4M-10.95B-183.8M0.594.87N/AN/A10,568,4886,205,58447,148,75227,570,200
2013-08-28$17.53$17.5029.3%8.4%25.8%42.5%29.5%0.3%-1.5%597.8M-12.37B-185.4M0.673.27N/AN/A6,924,0364,637,10848,465,95628,162,876
2013-08-29$17.56$17.5028.6%8.2%25.8%40.1%29.1%0.2%-0.5%521.0M-12.59B-183.9M0.643.94N/AN/A5,296,0043,364,81649,027,41228,814,492
2013-08-30$17.40$17.5029.4%8.5%25.9%43.1%30.1%-0.3%-0.5%495.8M-9.79B-181.8M0.684.23N/AN/A7,415,0725,016,42449,590,18429,140,580