AAPL Options History — February 2017

In February 2017, AAPL traded between $32.11 and $34.25. ATM implied volatility averaged 15.1%, placing in the 6.7% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded below realized volatility by 10.0% (HV 20d: 25.1%). Max pain ranged from $28.75 to $32.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 16 of 19 days. Put/call ratio averaged 0.51.

Notable Days

  • 2017-02-08: Highest Volume — 8,040,580 contracts
  • 2017-02-02: Largest IV drop — 10.1% change
  • 2017-02-16: Highest IV Rank — 16.0%
  • 2017-02-01: Largest Expected Move — 4.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.43$32.11$34.25$32.43$34.19
Max Pain$31.03$28.75$32.50$29.50$32.50
ATM IV15.1%13.6%16.6%16.0%15.6%
Expected Move4.4%4.1%4.9%4.9%4.3%
HV 20d25.1%24.6%25.4%24.8%24.6%
HV 60d18.5%17.3%20.5%20.5%17.3%
IV Rank6.7%0.0%16.0%2.8%10.4%
IV Percentile2.9%0.0%8.7%2.4%5.2%
Term Structure0.3%-0.1%0.8%-0.0%0.2%
VWIV15.8%13.4%18.8%18.8%15.6%
Skew 25d1.0%0.7%1.3%1.3%1.1%
Skew 10d2.3%1.5%3.7%2.8%2.1%
Call IV 25d15.0%13.5%16.8%15.8%15.5%
Put IV 25d16.0%14.4%17.6%17.1%16.6%
Bid-Ask Spread %1.631.252.321.731.89
Gamma HHI0.140.110.300.160.11
Net GEX601.6M480.0M1.02B606.2M480.0M
Net DEX-14.45B-17.08B-11.70B-17.08B-13.96B
Net VEX-72.7M-77.0M-64.4M-64.4M-75.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.130.750.620.59
Total Volume2,525,749.0531,186,3448,040,5806,280,5281,202,940
Total OI15,497,089.47414,387,40816,940,54815,344,10814,892,948

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-02-01$32.43$29.5016.0%4.9%24.8%2.8%18.8%1.3%-0.0%606.2M-17.08B-64.4M0.621.73N/AN/A3,877,2522,403,2768,595,8526,748,256
2017-02-02$32.11$28.7514.3%4.2%25.4%0.0%15.7%1.2%0.2%554.8M-14.83B-67.9M0.521.63N/AN/A1,534,920800,1088,933,4607,401,672
2017-02-03$32.24$28.7513.9%4.1%25.4%0.0%15.0%0.9%0.3%1.02B-15.51B-67.5M0.471.41N/AN/A1,283,824603,2929,159,2607,586,000
2017-02-06$32.57$28.7514.6%4.3%25.4%3.5%15.9%0.9%0.2%568.8M-14.89B-68.4M0.541.69N/AN/A1,300,960698,5528,533,0846,492,212
2017-02-07$32.88$28.7514.2%4.2%25.4%1.3%15.5%1.1%0.5%623.3M-16.15B-69.6M0.501.31N/AN/A2,006,2481,000,0608,894,1846,722,652
2017-02-08$33.03$28.7513.9%4.2%25.3%0.0%13.4%0.8%0.5%685.8M-16.81B-71.1M0.131.26N/AN/A7,134,976905,6049,133,4726,997,680
2017-02-09$33.06$31.2513.6%4.1%25.3%0.0%15.2%0.9%0.8%659.0M-11.70B-71.1M0.611.40N/AN/A1,742,8921,055,2607,638,0247,443,088
2017-02-10$33.04$31.2514.1%4.2%25.0%2.3%14.7%0.7%0.6%721.4M-11.71B-73.4M0.511.72N/AN/A1,636,436828,3487,824,3447,733,028
2017-02-13$33.38$31.2515.0%4.3%25.0%7.1%15.5%0.8%0.3%537.9M-12.92B-73.0M0.421.36N/AN/A1,558,372659,0407,810,3847,238,864
2017-02-14$33.77$31.2515.7%4.5%25.1%10.9%16.0%0.9%0.1%552.1M-14.23B-73.5M0.531.34N/AN/A1,566,144837,3887,992,1087,436,152
2017-02-15$33.88$31.2516.5%4.7%25.1%15.3%16.7%0.9%-0.1%557.9M-14.52B-74.6M0.481.42N/AN/A1,776,632851,5928,174,9287,742,808
2017-02-16$33.80$32.5016.6%4.8%25.0%16.0%17.3%0.8%-0.0%580.5M-14.16B-76.8M0.531.25N/AN/A1,175,560625,2368,536,2888,058,676
2017-02-17$33.85$32.5015.8%4.5%25.0%11.5%16.4%1.1%0.1%618.3M-14.55B-77.0M0.521.27N/AN/A1,290,760667,5888,754,3688,186,180
2017-02-21$34.16$32.5015.7%4.5%25.0%11.1%16.3%0.9%0.1%505.8M-14.34B-74.8M0.461.87N/AN/A1,105,812507,9407,943,8206,443,588
2017-02-22$34.25$32.5015.5%4.4%24.9%9.9%15.8%0.9%0.3%561.2M-14.72B-75.3M0.512.28N/AN/A844,200427,1968,116,7166,590,316
2017-02-23$34.12$32.5015.3%4.3%24.9%9.2%15.5%1.1%0.4%561.2M-14.22B-75.8M0.382.02N/AN/A979,204374,4568,242,2846,711,784
2017-02-24$34.07$32.5014.9%4.2%24.9%7.0%15.3%1.3%0.5%540.0M-14.03B-76.1M0.752.32N/AN/A879,240661,5808,353,1126,782,408
2017-02-27$34.25$32.5015.1%4.2%24.8%8.0%14.9%1.1%0.2%497.8M-14.33B-74.5M0.661.81N/AN/A716,480469,8648,040,5846,560,116
2017-02-28$34.19$32.5015.6%4.3%24.6%10.4%15.6%1.1%0.2%480.0M-13.96B-75.6M0.591.89N/AN/A754,960447,9808,164,7726,728,176