AAPL Options History — June 2014

In June 2014, AAPL traded between $22.45 and $23.56. ATM implied volatility averaged 21.8%, placing in the 24.0% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 7.0% (HV 20d: 14.9%). Max pain ranged from $22.32 to $22.68. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.50.

Notable Days

  • 2014-06-06: Highest Volume — 19,643,680 contracts
  • 2014-06-23: Largest IV spike — 15.8% change
  • 2014-06-30: Highest IV Rank — 52.1%
  • 2014-06-30: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.97$22.45$23.56$22.45$23.23
Max Pain$22.57$22.32$22.68$22.50$22.50
ATM IV21.8%18.9%27.1%21.1%27.1%
Expected Move7.0%6.6%7.3%6.6%7.3%
HV 20d14.9%13.5%16.4%14.9%14.3%
HV 60d22.4%22.0%22.6%22.1%22.6%
IV Rank24.0%8.6%52.1%19.9%52.1%
IV Percentile31.9%11.9%63.9%27.8%63.9%
Term Structure1.5%-0.8%7.0%-0.5%0.1%
VWIV24.7%23.4%25.7%23.4%25.7%
Skew 25d0.1%-0.4%0.9%0.4%0.2%
Skew 10d0.1%-1.4%1.7%1.0%0.3%
Call IV 25d22.0%18.8%27.5%21.3%27.5%
Put IV 25d22.1%19.0%27.7%21.6%27.7%
Bid-Ask Spread %10.837.9124.599.9412.71
Gamma HHI0.070.050.150.070.05
Net GEX1.25B211.9M2.08B1.25B1.08B
Net DEX-33.20B-44.90B-6.18B-31.33B-32.88B
Net VEX-144.3M-161.6M-21.6M-151.8M-140.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.340.600.560.34
Total Volume6,538,654.8572,127,65219,643,68014,555,2124,163,988
Total OI53,917,976.198,207,92864,954,06455,589,77248,594,548

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-06-02$22.45$22.5021.1%6.6%14.9%19.9%23.4%0.4%-0.5%1.25B-31.33B-151.8M0.569.94N/AN/A9,342,5925,212,62033,471,95622,117,816
2014-06-03$22.77$22.3220.3%6.7%14.9%15.8%23.5%0.2%-0.4%1.72B-37.19B-148.4M0.529.60N/AN/A8,864,1284,640,60835,086,49223,213,848
2014-06-04$23.03$22.5021.9%7.0%14.3%24.3%24.2%-0.1%-0.3%1.98B-41.81B-154.5M0.4711.09N/AN/A12,872,1046,106,46436,473,75223,875,124
2014-06-05$23.12$22.6822.4%7.1%14.0%26.8%24.7%0.2%-0.6%2.08B-43.63B-159.3M0.608.80N/AN/A9,201,3605,506,92838,209,55624,812,284
2014-06-06$23.06$22.5022.3%7.0%13.6%26.5%24.5%-0.4%-0.2%1.69B-42.04B-161.6M0.609.58N/AN/A12,298,2447,345,43639,187,73625,766,328
2014-06-09$23.43$22.5020.2%7.0%13.7%15.2%24.5%-0.3%0.2%211.9M-6.18B-21.6M0.4311.08N/AN/A3,651,0681,570,2484,978,8563,229,072
2014-06-10$23.56$22.5019.8%7.2%13.5%13.4%25.1%-0.3%0.3%1.58B-44.90B-152.9M0.5810.47N/AN/A3,387,2641,962,64035,795,06823,519,748
2014-06-11$23.46$22.5019.6%7.0%13.8%12.1%24.5%-0.1%0.1%1.47B-42.98B-154.9M0.529.98N/AN/A2,634,7081,378,56836,115,92024,015,948
2014-06-12$23.07$22.6819.7%6.6%15.8%12.4%24.3%-0.1%0.3%1.14B-36.36B-153.5M0.587.91N/AN/A3,280,5361,897,32835,928,50024,060,048
2014-06-13$22.82$22.6819.9%7.0%16.1%13.6%24.5%-0.4%0.4%1.11B-31.98B-155.5M0.509.99N/AN/A3,545,3161,760,18036,115,13624,152,964
2014-06-16$23.05$22.6820.0%7.1%15.8%14.2%24.8%0.0%5.6%1.22B-35.37B-155.0M0.459.15N/AN/A1,733,916788,47634,415,70422,704,084
2014-06-17$23.02$22.5020.1%7.2%15.6%14.5%25.1%0.3%6.0%1.22B-35.29B-153.6M0.458.77N/AN/A1,551,660697,82434,642,08422,780,604
2014-06-18$23.05$22.6819.0%7.2%15.6%9.1%25.2%0.1%6.9%1.23B-35.41B-150.6M0.5011.22N/AN/A1,415,120713,78834,844,56422,936,836
2014-06-19$22.96$22.6818.9%7.2%15.7%8.6%25.2%-0.2%7.0%1.18B-33.59B-146.2M0.4313.79N/AN/A1,709,400734,49234,305,63622,544,612
2014-06-20$22.73$22.6820.4%7.2%16.4%16.2%25.5%0.2%6.7%816.0M-30.66B-148.1M0.5024.59N/AN/A2,511,9321,250,96034,543,68422,678,544
2014-06-23$22.71$22.6823.6%7.0%16.1%33.3%24.6%0.3%-0.2%890.3M-26.64B-144.5M0.5210.69N/AN/A1,396,132731,52029,430,29218,794,128
2014-06-24$22.57$22.6824.7%7.0%15.1%39.2%24.7%0.5%-0.8%869.5M-25.19B-144.6M0.568.18N/AN/A1,686,488938,43229,825,66418,988,540
2014-06-25$22.59$22.5026.2%7.1%15.0%47.4%24.9%0.7%-0.3%852.2M-25.57B-143.2M0.449.02N/AN/A2,009,240882,24430,146,48019,210,344
2014-06-26$22.73$22.5025.8%7.1%13.7%45.2%24.9%0.9%0.1%1.05B-27.43B-143.4M0.419.36N/AN/A1,758,856722,54430,689,77219,379,888
2014-06-27$23.00$22.5025.5%7.2%14.2%43.6%25.1%0.9%0.6%1.65B-30.87B-145.8M0.5111.48N/AN/A2,296,6001,159,80031,169,25219,526,088
2014-06-30$23.23$22.5027.1%7.3%14.3%52.1%25.7%0.2%0.1%1.08B-32.88B-140.9M0.3412.71N/AN/A3,112,6601,051,32829,884,86818,709,680