AAPL Options History — July 2015

In July 2015, AAPL traded between $30.05 and $33.01. ATM implied volatility averaged 24.8%, placing in the 31.4% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 4.8% (HV 20d: 20.0%). Max pain ranged from $31.25 to $32.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.74.

Notable Days

  • 2015-07-22: Highest Volume — 8,240,808 contracts
  • 2015-07-22: Largest IV drop — 29.9% change
  • 2015-07-09: Highest IV Rank — 66.4%
  • 2015-07-09: Largest Expected Move — 8.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.33$30.05$33.01$31.63$30.38
Max Pain$32.39$31.25$32.50$31.25$32.50
ATM IV24.8%19.6%32.8%24.8%23.4%
Expected Move6.7%4.9%8.7%4.9%6.7%
HV 20d20.0%11.5%26.8%11.8%26.1%
HV 60d19.3%17.6%21.4%17.7%19.1%
IV Rank31.4%8.3%66.4%31.2%25.0%
IV Percentile49.7%13.5%90.1%52.8%40.1%
Term Structure-0.6%-1.8%0.5%-0.4%-0.2%
VWIV23.8%17.3%30.8%17.3%24.7%
Skew 25d2.3%0.6%4.5%2.3%3.5%
Skew 10d5.0%1.2%10.2%4.7%7.7%
Call IV 25d23.9%19.2%31.3%23.9%22.1%
Put IV 25d26.2%20.7%35.8%26.2%25.7%
Bid-Ask Spread %2.111.584.032.082.29
Gamma HHI0.100.070.270.120.07
Net GEX447.0M58.9M1.35B597.6M79.9M
Net DEX-9.31B-19.66B-1.52B-11.27B-2.20B
Net VEX-109.1M-114.2M-105.3M-109.6M-109.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.411.230.701.23
Total Volume3,805,702.1821,893,4888,240,8082,406,9324,153,024
Total OI28,822,243.63625,224,34030,808,83628,233,47229,334,172

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-07-01$31.63$31.2524.8%4.9%11.8%31.2%17.3%2.3%-0.4%597.6M-11.27B-109.6M0.702.08N/AN/A1,418,968987,96416,427,46011,806,012
2015-07-02$31.62$31.2525.0%5.0%11.6%32.4%17.5%2.2%-0.3%609.0M-11.06B-107.8M0.812.19N/AN/A1,328,4281,070,01216,589,52012,017,520
2015-07-06$31.48$32.5025.4%6.9%11.6%33.9%23.7%2.4%-1.1%433.7M-9.96B-105.3M0.801.58N/AN/A1,049,652843,83615,975,46011,429,392
2015-07-07$31.36$32.5026.7%7.1%11.5%39.5%24.7%2.6%-1.2%373.8M-9.31B-106.7M0.731.88N/AN/A1,871,4081,372,23216,247,78811,651,692
2015-07-08$30.68$32.5030.0%7.9%13.8%54.1%27.8%3.4%-1.6%132.6M-5.10B-109.6M0.711.82N/AN/A2,562,5081,823,98816,584,02811,968,752
2015-07-09$30.05$32.5032.8%8.7%14.2%66.4%30.8%4.5%-1.8%58.9M-1.52B-108.7M0.772.33N/AN/A3,702,1962,860,21617,124,53212,232,168
2015-07-10$30.86$32.5029.1%7.7%17.7%50.3%27.5%3.9%-1.5%401.3M-7.63B-110.0M0.911.99N/AN/A2,647,5842,408,06417,852,82012,664,320
2015-07-13$31.42$32.5026.3%7.3%18.7%37.7%25.7%3.0%-0.6%559.1M-11.22B-109.6M0.691.94N/AN/A1,624,4601,119,20416,930,64412,174,436
2015-07-14$31.41$32.5025.3%7.1%18.7%33.6%25.3%2.9%-0.2%559.8M-11.05B-107.3M0.792.16N/AN/A1,241,100983,07217,246,26812,376,560
2015-07-15$31.69$32.5025.2%7.1%19.0%33.1%24.4%2.7%-0.4%729.0M-13.07B-108.6M0.831.75N/AN/A1,446,8561,201,32017,374,41612,541,808
2015-07-16$32.09$32.5024.3%6.7%19.5%29.1%23.9%2.6%-1.0%983.9M-16.09B-107.2M0.661.63N/AN/A2,074,5241,374,17217,438,76812,754,388
2015-07-17$32.37$32.5027.3%7.5%19.7%42.3%26.6%2.0%-1.7%1.35B-18.36B-110.3M0.412.12N/AN/A3,449,4001,398,43217,605,29212,981,360
2015-07-20$33.01$32.5028.7%8.1%20.5%48.5%28.7%1.4%-1.3%701.2M-19.66B-111.4M0.412.06N/AN/A3,861,8441,566,84014,971,72810,252,612
2015-07-21$32.75$32.5028.2%8.0%20.7%46.4%28.1%0.6%-1.0%719.6M-17.94B-112.6M0.594.03N/AN/A3,831,5802,265,82815,799,16010,867,636
2015-07-22$31.28$32.5019.8%5.7%26.7%9.4%20.5%1.0%0.5%174.8M-6.88B-106.5M0.621.92N/AN/A5,078,6443,162,16416,961,49211,904,092
2015-07-23$31.30$32.5020.6%5.9%26.5%12.8%21.0%1.3%-0.0%394.3M-7.94B-114.2M0.742.48N/AN/A2,314,7001,716,57617,821,08412,545,552
2015-07-24$31.12$32.5021.0%6.0%26.5%14.8%21.3%1.6%0.3%220.4M-6.28B-112.8M0.861.97N/AN/A2,211,5441,895,83218,116,51212,692,324
2015-07-27$30.68$32.5022.4%6.5%26.8%20.6%23.3%1.7%0.1%197.9M-4.60B-109.8M0.842.00N/AN/A1,548,3761,295,11216,042,91211,468,592
2015-07-28$30.83$32.5019.9%5.6%26.3%9.6%20.0%1.4%0.3%234.0M-5.31B-108.7M0.632.10N/AN/A1,190,056748,92016,323,38811,752,340
2015-07-29$30.72$32.5019.6%5.5%26.1%8.3%19.7%1.6%0.4%186.4M-4.50B-107.1M0.722.12N/AN/A1,437,2161,030,86016,533,58811,814,836
2015-07-30$30.62$32.5020.5%5.8%26.0%12.5%20.7%2.0%0.3%136.1M-3.84B-108.0M0.741.94N/AN/A1,466,3441,090,39216,828,52412,063,412
2015-07-31$30.38$32.5023.4%6.7%26.1%25.0%24.7%3.5%-0.2%79.9M-2.20B-109.2M1.232.29N/AN/A1,859,3642,293,66017,076,10012,258,072