AAPL Options History — January 2014

In January 2014, AAPL traded between $17.85 and $19.91. ATM implied volatility averaged 30.8%, placing in the 46.4% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 6.6% (HV 20d: 24.2%). Max pain ranged from $18.57 to $18.57. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.63.

Notable Days

  • 2014-01-28: Highest Volume — 26,128,928 contracts
  • 2014-01-28: Largest IV drop — 26.1% change
  • 2014-01-03: Highest IV Rank — 61.5%
  • 2014-01-06: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.19$17.85$19.91$19.75$17.88
Max Pain$18.57$18.57$18.57$18.57$18.57
ATM IV30.8%22.6%34.6%33.1%22.6%
Expected Move8.0%7.3%8.4%8.4%7.3%
HV 20d24.2%19.2%36.2%19.2%35.7%
HV 60d21.2%19.0%26.4%19.0%26.3%
IV Rank46.4%13.3%61.5%55.5%13.3%
IV Percentile67.6%12.3%86.9%82.1%12.3%
Term Structure-2.1%-4.2%0.2%-0.8%-0.0%
VWIV27.9%25.6%29.4%29.4%25.6%
Skew 25d0.9%0.0%2.0%0.4%0.4%
Skew 10d0.2%-1.3%1.7%-0.3%0.4%
Call IV 25d30.4%22.7%34.9%33.2%22.7%
Put IV 25d31.2%23.1%34.9%33.6%23.1%
Bid-Ask Spread %6.724.3312.455.016.80
Gamma HHI0.080.040.170.060.17
Net GEX602.2M-282.9M1.82B710.1M-282.9M
Net DEX-12.24B-29.20B6.66B-21.04B6.66B
Net VEX-139.4M-147.1M-121.1M-146.1M-133.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.520.800.580.79
Total Volume14,876,893.3337,782,20826,128,9289,607,78019,500,376
Total OI66,896,757.33346,937,54881,036,50874,105,19263,143,416

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-01-02$19.75$18.5733.1%8.4%19.2%55.5%29.4%0.4%-0.8%710.1M-21.04B-146.1M0.585.01N/AN/A6,071,4923,536,28845,629,86428,475,328
2014-01-03$19.32$18.5734.6%8.4%20.6%61.5%29.4%0.0%-1.1%160.9M-12.99B-144.1M0.734.33N/AN/A11,784,4728,574,46846,752,91629,265,404
2014-01-06$19.43$18.5733.9%8.4%20.6%58.7%29.4%0.7%-2.7%723.6M-17.23B-142.6M0.605.99N/AN/A8,032,4164,820,53645,005,88427,954,248
2014-01-07$19.29$18.5733.3%8.3%20.3%56.6%29.0%0.7%-2.9%687.4M-15.31B-141.6M0.535.14N/AN/A6,775,0763,602,84446,669,64428,965,272
2014-01-08$19.41$18.5732.7%8.2%19.9%54.1%28.6%0.7%-3.1%901.6M-17.19B-139.9M0.596.44N/AN/A4,897,2562,884,95247,417,63629,451,856
2014-01-09$19.16$18.5732.9%8.0%20.3%54.8%28.0%0.7%-3.0%508.0M-12.65B-139.3M0.574.89N/AN/A8,564,5844,871,35648,031,90029,800,960
2014-01-10$19.03$18.5732.8%8.0%20.2%54.3%28.1%0.9%-3.4%182.3M-10.32B-136.4M0.745.47N/AN/A9,299,5566,836,67649,083,07630,262,036
2014-01-13$19.13$18.5733.8%7.9%20.4%58.5%27.6%0.9%-4.2%626.3M-13.72B-135.9M0.659.74N/AN/A7,826,3645,071,89246,421,14428,897,652
2014-01-14$19.51$18.5732.5%7.9%21.6%53.3%27.5%0.9%-3.9%1.24B-20.64B-138.5M0.596.91N/AN/A6,771,3524,006,29647,950,53229,673,476
2014-01-15$19.91$18.5732.5%7.9%22.7%53.0%27.7%0.9%-3.9%1.82B-29.20B-141.7M0.596.65N/AN/A11,264,3446,696,36848,603,01629,677,788
2014-01-16$19.79$18.5731.1%8.0%22.7%47.7%27.8%1.1%-2.0%1.48B-25.57B-143.7M0.606.27N/AN/A6,873,6084,143,63649,340,03230,490,124
2014-01-17$19.31$18.5733.5%8.1%24.2%57.1%28.4%1.4%-2.0%104.9M-14.31B-141.7M0.616.75N/AN/A13,969,9288,476,86050,032,36031,004,148
2014-01-21$19.61$18.5731.1%8.0%24.6%47.8%28.0%1.5%-2.8%800.1M-13.51B-143.4M0.576.68N/AN/A6,779,7243,838,85629,641,78017,295,768
2014-01-22$19.70$18.5730.8%8.0%24.4%46.2%27.8%1.1%-3.1%1.06B-15.08B-145.4M0.615.51N/AN/A8,204,3644,986,88431,203,90018,119,780
2014-01-23$19.86$18.5730.4%7.9%20.4%44.9%27.6%1.2%-0.6%1.35B-17.15B-146.8M0.575.19N/AN/A9,447,8165,384,26031,882,39619,080,880
2014-01-24$19.50$18.5732.8%8.0%21.2%54.4%28.0%1.1%-1.0%386.0M-11.48B-147.1M0.666.42N/AN/A10,328,4166,823,43232,624,03219,758,816
2014-01-27$19.66$18.5732.0%7.9%21.4%51.4%27.6%2.0%-3.2%698.8M-13.63B-146.4M0.529.96N/AN/A9,264,5564,794,55230,314,84417,893,652
2014-01-28$18.09$18.5723.7%7.7%36.2%17.8%27.0%0.5%-0.3%-181.8M4.77B-121.1M0.646.87N/AN/A15,930,76810,198,16032,945,97619,528,124
2014-01-29$17.88$18.5723.2%7.5%36.2%15.8%26.4%0.4%-0.3%-184.3M6.20B-125.5M0.707.68N/AN/A9,061,2766,321,86835,399,75621,642,880
2014-01-30$17.85$18.5723.9%7.5%35.7%18.6%26.1%0.4%0.2%-147.5M6.33B-128.2M0.8012.45N/AN/A8,841,2807,055,55237,127,80422,371,804
2014-01-31$17.88$18.5722.6%7.3%35.7%13.3%25.6%0.4%-0.0%-282.9M6.66B-133.0M0.796.80N/AN/A10,910,6488,589,72839,080,13224,063,284