AAPL Options History — August 2016

In August 2016, AAPL traded between $26.12 and $27.38. ATM implied volatility averaged 17.6%, placing in the 4.8% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded below realized volatility by 5.8% (HV 20d: 23.4%). Max pain ranged from $24.63 to $26.25. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 0.61.

Notable Days

  • 2016-08-03: Highest Volume — 5,745,672 contracts
  • 2016-08-03: Largest IV drop — 8.6% change
  • 2016-08-31: Highest IV Rank — 13.4%
  • 2016-08-31: Largest Expected Move — 5.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.92$26.12$27.38$26.53$26.55
Max Pain$25.34$24.63$26.25$24.63$26.25
ATM IV17.6%15.9%19.8%16.9%19.8%
Expected Move5.1%4.5%5.9%4.7%5.9%
HV 20d23.4%10.4%28.0%27.1%10.4%
HV 60d21.2%20.2%22.7%22.4%20.3%
IV Rank4.8%0.0%13.4%0.7%13.4%
IV Percentile4.8%0.0%14.3%0.8%14.3%
Term Structure0.4%-0.4%1.0%0.5%-0.4%
VWIV18.3%15.5%21.0%17.4%21.0%
Skew 25d1.2%0.7%1.7%1.6%1.2%
Skew 10d2.7%1.6%4.0%3.7%2.1%
Call IV 25d17.5%15.5%19.6%16.6%19.6%
Put IV 25d18.7%16.9%20.7%18.3%20.7%
Bid-Ask Spread %1.811.132.811.952.23
Gamma HHI0.150.110.210.130.11
Net GEX508.4M302.7M681.8M524.2M362.6M
Net DEX-7.37B-9.86B-3.91B-8.12B-4.31B
Net VEX-83.3M-86.8M-79.5M-82.1M-79.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.610.110.870.530.83
Total Volume1,867,930.0871,079,8845,745,6722,080,5161,308,320
Total OI20,230,665.21718,897,09621,243,34820,023,92420,252,572

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-08-01$26.53$24.6316.9%4.7%27.1%0.7%17.4%1.6%0.5%524.2M-8.12B-82.1M0.531.95N/AN/A1,355,608724,90812,284,4127,739,512
2016-08-02$26.12$24.7517.8%5.0%27.4%3.2%17.8%1.7%0.5%467.1M-6.12B-82.8M0.631.83N/AN/A1,121,424701,80412,507,6647,935,840
2016-08-03$26.45$24.8816.3%4.5%27.5%0.0%15.5%1.6%0.7%681.8M-8.14B-83.2M0.112.81N/AN/A5,166,700578,97212,662,7128,165,204
2016-08-04$26.48$25.0015.9%5.1%27.6%0.0%18.2%1.4%0.6%610.9M-5.96B-82.1M0.581.52N/AN/A1,225,052716,24411,787,3408,335,176
2016-08-05$26.87$25.0017.3%5.5%27.8%3.3%19.0%1.1%0.4%505.2M-8.20B-86.8M0.411.69N/AN/A2,210,784896,73211,987,3048,447,112
2016-08-08$27.08$25.0017.7%5.4%27.8%4.6%19.4%0.9%1.0%561.7M-8.61B-86.2M0.461.41N/AN/A1,335,504614,84811,934,6127,965,316
2016-08-09$27.23$25.0016.9%5.2%27.8%2.5%18.4%0.9%1.0%601.2M-9.20B-84.1M0.581.32N/AN/A1,128,156659,58412,159,7648,179,216
2016-08-10$27.00$25.0017.0%5.1%28.0%2.7%18.3%0.9%0.8%559.7M-8.10B-85.5M0.871.58N/AN/A774,196674,98812,257,3248,292,032
2016-08-11$27.02$25.0017.0%5.1%27.4%2.8%18.2%0.9%0.9%568.8M-8.36B-85.6M0.521.45N/AN/A964,432497,72012,337,9208,463,936
2016-08-12$27.05$25.0016.7%5.0%27.4%2.0%17.9%0.9%0.7%589.8M-8.36B-85.4M0.581.39N/AN/A856,328494,88012,513,6408,506,800
2016-08-15$27.38$25.0017.5%5.1%27.4%4.0%18.1%0.7%0.3%627.6M-9.86B-85.1M0.421.33N/AN/A1,188,336493,56812,126,2208,105,904
2016-08-16$27.38$25.0017.8%5.1%27.4%4.7%18.1%1.1%0.4%631.1M-9.79B-84.2M0.431.31N/AN/A1,599,920682,82012,300,3688,180,828
2016-08-17$27.30$25.0017.4%5.0%27.5%3.7%17.7%1.0%0.7%572.4M-8.84B-84.0M0.811.46N/AN/A791,404638,86812,344,6848,382,484
2016-08-18$27.27$25.0017.1%4.9%27.3%2.9%17.4%1.1%0.8%589.7M-8.56B-84.2M0.611.63N/AN/A714,356437,66412,478,1288,543,748
2016-08-19$27.34$25.0016.8%4.8%26.8%2.2%17.3%1.3%0.8%464.5M-9.07B-84.1M0.651.13N/AN/A1,184,364765,61612,608,2128,635,136
2016-08-22$27.14$25.0017.7%5.0%26.3%4.5%17.8%1.5%-0.1%446.9M-6.89B-82.9M0.702.20N/AN/A784,580552,62411,640,0127,257,084
2016-08-23$27.22$26.0017.1%4.8%26.1%3.1%17.2%1.5%0.1%497.5M-7.24B-81.3M0.612.06N/AN/A671,168408,71611,832,5447,432,260
2016-08-24$27.01$26.2518.4%5.2%13.5%7.8%18.6%1.6%-0.2%427.6M-6.15B-82.8M0.622.52N/AN/A756,036469,74011,992,6367,502,888
2016-08-25$26.93$26.2518.6%5.3%13.4%9.4%18.8%1.2%-0.1%403.7M-5.78B-82.6M0.722.13N/AN/A981,616711,53612,097,2527,603,760
2016-08-26$26.75$26.2518.9%5.4%13.6%10.5%19.0%1.3%-0.1%302.7M-5.08B-81.8M0.782.66N/AN/A1,224,840960,51612,287,9207,750,620
2016-08-29$26.70$26.2519.3%5.6%12.1%11.7%20.3%1.3%-0.1%372.2M-4.93B-80.2M0.662.10N/AN/A857,212563,75212,035,4967,518,852
2016-08-30$26.46$26.2519.2%5.6%11.2%11.2%20.0%1.1%-0.2%324.4M-3.91B-79.5M0.841.88N/AN/A825,460690,49612,293,1007,639,756
2016-08-31$26.55$26.2519.8%5.9%10.4%13.4%21.0%1.2%-0.4%362.6M-4.31B-79.9M0.832.23N/AN/A715,048593,27212,477,2287,775,344