AAPL Options History — April 2015

In April 2015, AAPL traded between $31.03 and $33.09. ATM implied volatility averaged 31.3%, placing in the 60.4% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 11.3% (HV 20d: 20.0%). Max pain ranged from $30.00 to $31.25. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.56.

Notable Days

  • 2015-04-28: Highest Volume — 8,280,184 contracts
  • 2015-04-28: Largest IV drop — 25.8% change
  • 2015-04-13: Highest IV Rank — 71.4%
  • 2015-04-27: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.81$31.03$33.09$31.03$31.25
Max Pain$30.37$30.00$31.25$30.00$31.25
ATM IV31.3%24.4%33.8%33.4%26.7%
Expected Move9.0%7.0%10.9%7.0%8.1%
HV 20d20.0%17.2%23.3%22.6%20.0%
HV 60d24.0%19.7%26.8%26.7%20.7%
IV Rank60.4%30.6%71.4%69.5%40.7%
IV Percentile84.8%49.2%94.0%94.0%65.1%
Term Structure-1.3%-2.1%0.1%-0.7%-0.1%
VWIV31.5%24.6%38.1%24.6%28.7%
Skew 25d2.5%1.3%3.3%2.5%1.8%
Skew 10d5.0%2.6%7.1%5.1%4.2%
Call IV 25d30.1%24.1%33.1%32.2%26.4%
Put IV 25d32.6%25.5%36.2%34.7%28.2%
Bid-Ask Spread %1.911.483.671.781.69
Gamma HHI0.120.070.500.070.08
Net GEX759.4M296.8M2.26B498.0M296.8M
Net DEX-19.01B-23.50B-10.78B-15.94B-10.78B
Net VEX-107.7M-113.6M-103.4M-109.8M-112.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.430.750.750.59
Total Volume3,634,617.7141,864,3048,280,1843,558,0846,322,468
Total OI25,890,14422,233,67228,174,23626,404,00827,840,432

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-04-01$31.03$30.0033.4%7.0%22.6%69.5%24.6%2.5%-0.7%498.0M-15.94B-109.8M0.751.78N/AN/A2,032,7001,525,38415,692,62810,711,380
2015-04-02$31.36$30.0032.5%8.8%22.4%65.6%30.8%2.5%-0.7%801.6M-18.13B-113.6M0.651.60N/AN/A1,950,8401,270,40416,021,29610,982,116
2015-04-06$31.84$30.0032.1%8.8%23.1%64.1%30.7%2.6%-0.9%727.8M-21.66B-107.5M0.491.79N/AN/A2,025,5001,000,54015,325,55610,156,720
2015-04-07$31.51$30.0032.6%9.0%23.3%66.3%31.4%2.8%-1.1%667.9M-19.32B-107.2M0.612.00N/AN/A1,541,084947,34815,723,26810,429,564
2015-04-08$31.40$30.0033.2%9.1%22.1%68.7%32.0%2.5%-1.6%617.0M-18.47B-106.1M0.592.03N/AN/A1,538,620913,11615,927,17210,640,600
2015-04-09$31.61$30.0033.4%9.2%21.0%69.5%31.7%2.4%-2.0%786.5M-20.11B-109.2M0.581.75N/AN/A1,640,524945,76816,111,56810,779,860
2015-04-10$31.75$30.0033.0%9.2%20.2%67.9%32.1%2.7%-1.4%2.26B-21.56B-106.4M0.521.60N/AN/A2,408,6201,243,54816,266,90810,909,516
2015-04-13$31.71$30.0033.8%9.6%20.0%71.4%33.3%2.5%-1.9%708.0M-20.81B-104.5M0.501.76N/AN/A1,715,912862,87215,790,39210,524,472
2015-04-14$31.54$30.0033.4%9.5%19.8%69.4%32.9%2.6%-1.6%655.5M-19.30B-104.8M0.642.16N/AN/A1,160,264747,13616,063,04010,722,568
2015-04-15$31.70$30.0032.7%9.4%18.9%66.5%33.0%2.6%-2.0%747.4M-20.45B-103.4M0.582.07N/AN/A1,291,260749,42016,241,94410,843,400
2015-04-16$31.58$30.0031.9%9.2%18.5%63.0%32.1%2.8%-1.8%728.8M-20.08B-103.7M0.561.72N/AN/A1,436,896803,06816,746,13611,428,100
2015-04-17$31.16$30.0033.7%9.9%18.9%71.0%34.6%3.1%-2.1%436.1M-16.24B-105.3M0.591.68N/AN/A2,948,8161,743,60816,485,71611,166,088
2015-04-20$31.88$30.0030.0%9.1%20.2%55.1%31.5%3.0%-1.5%603.9M-17.11B-108.1M0.521.75N/AN/A2,173,9841,135,45613,562,8888,670,784
2015-04-21$31.74$30.0030.6%9.3%19.9%57.4%32.7%3.3%-1.5%613.7M-16.32B-109.1M0.601.65N/AN/A1,168,652695,65214,038,1609,046,088
2015-04-22$32.13$30.2529.9%9.2%20.3%54.6%32.6%3.2%-1.4%803.0M-18.98B-107.6M0.541.69N/AN/A1,643,128886,66014,330,5289,227,664
2015-04-23$32.44$31.2529.7%9.2%17.8%53.6%32.4%3.0%-1.7%910.3M-20.92B-107.9M0.431.77N/AN/A2,442,1001,052,32014,538,7569,403,692
2015-04-24$32.56$31.2531.7%10.0%17.7%62.4%34.8%2.9%-1.7%1.03B-21.83B-109.3M0.441.48N/AN/A2,797,0361,235,08014,837,6289,640,816
2015-04-27$33.09$31.2533.2%10.9%17.8%68.6%38.1%2.0%-1.5%655.3M-23.50B-109.1M0.503.67N/AN/A4,672,0842,335,22014,536,1689,117,544
2015-04-28$32.58$31.2524.6%7.3%17.2%31.5%26.3%1.3%-0.0%805.9M-20.70B-107.8M0.542.38N/AN/A5,364,4882,915,69615,935,29210,121,172
2015-04-29$32.08$31.2524.4%7.3%17.4%30.6%25.7%1.4%0.1%588.5M-17.02B-109.5M0.532.10N/AN/A3,286,8441,756,85616,582,64010,572,764
2015-04-30$31.25$31.2526.7%8.1%20.0%40.7%28.7%1.8%-0.1%296.8M-10.78B-112.3M0.591.69N/AN/A3,967,5602,354,90816,951,32810,889,104