AAPL Options History — August 2015

In August 2015, AAPL traded between $26.07 and $29.93. ATM implied volatility averaged 32.1%, placing in the 51.4% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded below realized volatility by 1.3% (HV 20d: 33.4%). Max pain ranged from $30.00 to $32.50. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.77.

Notable Days

  • 2015-08-05: Highest Volume — 11,148,848 contracts
  • 2015-08-21: Largest IV spike — 47.9% change
  • 2015-08-21: Highest IV Rank — 100.0%
  • 2015-08-24: Largest Expected Move — 16.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.39$26.07$29.93$29.61$28.21
Max Pain$30.27$30.00$32.50$32.50$30.00
ATM IV32.1%24.3%55.0%25.9%34.9%
Expected Move9.3%7.0%16.3%7.7%10.0%
HV 20d33.4%26.2%41.4%27.3%40.6%
HV 60d24.1%19.7%28.6%19.7%28.6%
IV Rank51.4%29.1%100.0%36.2%46.2%
IV Percentile77.5%46.4%100.0%61.1%93.7%
Term Structure-0.5%-2.3%0.7%0.2%-0.4%
VWIV32.9%24.7%59.2%27.4%35.9%
Skew 25d7.0%3.9%14.8%3.9%9.8%
Skew 10d15.0%7.8%31.2%8.5%21.8%
Call IV 25d29.4%23.2%48.1%24.8%30.7%
Put IV 25d36.4%27.5%62.8%28.6%40.6%
Bid-Ask Spread %2.271.234.363.402.55
Gamma HHI0.060.050.110.070.06
Net GEX143.4M-70.8M387.4M23.6M261.6M
Net DEX706.5M-6.16B7.84B650.0M-2.16B
Net VEX-115.2M-123.6M-101.0M-106.5M-120.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.531.030.750.76
Total Volume5,394,492.5712,406,76011,148,8485,813,2242,406,760
Total OI31,340,003.23827,954,96033,730,33627,954,96029,848,772

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-08-03$29.61$32.5025.9%7.7%27.3%36.2%27.4%3.9%0.2%23.6M650.0M-106.5M0.753.40N/AN/A3,329,7602,483,46415,672,93612,282,024
2015-08-04$28.64$32.0029.1%8.9%29.4%50.1%32.0%5.2%-0.7%-70.8M5.30B-101.0M0.811.79N/AN/A4,695,9323,813,29216,458,60012,841,544
2015-08-05$28.84$31.2527.2%8.3%28.9%42.0%28.8%4.7%-1.1%45.7M3.02B-109.3M0.572.18N/AN/A7,084,5004,064,34817,546,36813,579,420
2015-08-06$28.83$30.0027.0%7.7%28.2%40.8%27.4%4.4%0.1%106.7M1.89B-116.2M0.581.50N/AN/A3,503,7042,043,14417,853,48814,077,152
2015-08-07$28.87$30.0026.8%7.7%26.2%40.0%27.6%4.5%0.5%174.2M1.33B-117.5M0.701.93N/AN/A2,164,2201,512,51618,190,56014,048,888
2015-08-10$29.93$30.0024.3%7.0%28.8%29.1%24.7%4.3%-0.2%306.5M-6.16B-118.9M0.531.58N/AN/A2,977,2241,567,14417,142,12413,021,844
2015-08-11$28.37$30.0032.4%8.8%34.0%64.6%30.7%5.7%-1.3%30.8M2.39B-115.9M0.822.00N/AN/A3,580,8642,941,73617,620,13213,362,368
2015-08-12$28.79$30.0030.3%8.6%34.3%55.4%31.5%5.9%-0.4%115.4M525.5M-119.2M0.791.60N/AN/A4,284,0003,368,70018,346,59613,990,508
2015-08-13$28.84$30.0027.7%7.9%33.8%44.1%27.6%4.8%-0.3%179.4M-278.5M-117.7M0.811.47N/AN/A2,308,0881,861,21618,884,76414,406,548
2015-08-14$29.00$30.0026.5%7.7%33.7%38.9%26.9%4.6%0.7%308.5M-1.23B-117.1M0.681.53N/AN/A2,412,1241,635,55619,079,15614,651,180
2015-08-17$29.30$30.0026.6%7.7%32.9%39.1%26.2%4.3%-0.8%217.6M-3.04B-116.3M0.601.35N/AN/A2,100,5241,265,10018,165,80813,842,772
2015-08-18$29.11$30.0026.2%7.5%32.9%37.3%25.7%4.0%-0.3%196.3M-1.98B-116.1M0.711.23N/AN/A1,424,7001,009,14418,381,46413,879,452
2015-08-19$28.75$30.0026.3%7.5%29.4%38.0%26.3%4.1%-0.1%77.5M50.4M-112.4M0.941.41N/AN/A1,646,7921,548,18418,492,20813,917,296
2015-08-20$28.25$30.0029.5%8.4%29.8%52.0%30.1%5.3%0.3%-6.2M2.31B-111.3M0.762.29N/AN/A2,982,1842,267,00018,723,62013,858,712
2015-08-21$26.59$30.0043.6%12.7%35.7%100.0%42.8%9.9%-2.1%-22.6M7.84B-109.5M0.963.18N/AN/A4,561,4524,364,26019,058,02814,019,188
2015-08-24$26.07$30.0055.0%16.3%35.9%100.0%59.2%14.8%-2.3%53.3M5.05B-113.8M1.033.42N/AN/A3,535,1363,653,44816,433,31212,311,724
2015-08-25$26.39$30.0047.3%13.8%36.3%79.5%47.4%14.3%-0.9%79.2M4.00B-116.4M0.723.00N/AN/A2,762,2481,998,57217,122,39612,906,020
2015-08-26$27.38$30.0038.3%11.0%39.6%55.3%42.4%12.6%-0.6%198.9M1.27B-120.0M1.023.17N/AN/A2,448,2442,499,00417,733,67213,227,048
2015-08-27$28.15$30.0034.7%9.7%41.3%45.6%36.0%9.8%-0.3%347.5M-2.39B-120.5M0.924.36N/AN/A3,131,8522,865,98417,848,53213,524,668
2015-08-28$28.29$30.0034.5%9.7%41.4%45.2%35.0%10.2%0.0%387.4M-3.54B-123.6M0.722.70N/AN/A1,846,7081,335,51617,968,05213,821,124
2015-08-31$28.21$30.0034.9%10.0%40.6%46.2%35.9%9.8%-0.4%261.6M-2.16B-120.3M0.762.55N/AN/A1,366,1521,040,60817,044,86412,803,908