AAPL Options History — March 2017

In March 2017, AAPL traded between $34.67 and $36.05. ATM implied volatility averaged 15.4%, placing in the 11.4% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 3.6% (HV 20d: 11.9%). Max pain ranged from $32.50 to $33.75. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 22 of 23 days. Put/call ratio averaged 0.65.

Notable Days

  • 2017-03-01: Highest Volume — 3,089,204 contracts
  • 2017-03-27: Largest IV spike — 15.7% change
  • 2017-03-31: Highest IV Rank — 30.5%
  • 2017-03-07: Largest Expected Move — 4.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.16$34.67$36.05$35.00$35.99
Max Pain$33.10$32.50$33.75$32.50$33.75
ATM IV15.4%12.7%18.7%15.5%18.7%
Expected Move4.2%3.6%4.5%4.4%3.9%
HV 20d11.9%10.0%25.3%25.3%10.0%
HV 60d17.0%16.6%17.7%17.5%16.9%
IV Rank11.4%0.0%30.5%9.8%30.5%
IV Percentile10.6%0.0%37.7%4.4%37.7%
Term Structure1.7%-0.1%4.7%0.2%3.9%
VWIV15.0%13.1%16.1%15.6%14.1%
Skew 25d1.1%0.7%1.9%0.7%0.9%
Skew 10d2.5%1.2%4.8%1.5%3.0%
Call IV 25d15.0%12.7%18.7%15.5%17.1%
Put IV 25d16.2%13.4%20.4%16.2%18.0%
Bid-Ask Spread %2.011.375.611.742.00
Gamma HHI0.160.090.440.140.32
Net GEX619.7M431.0M1.23B554.6M1.23B
Net DEX-16.11B-18.51B-14.21B-17.20B-18.51B
Net VEX-77.5M-79.5M-74.2M-74.2M-78.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.450.910.590.60
Total Volume1,679,502.261910,4083,089,2043,089,2041,695,776
Total OI16,160,850.26114,612,68817,502,61615,185,29617,502,616

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-03-01$35.00$32.5015.5%4.4%25.3%9.8%15.6%0.7%0.2%554.6M-17.20B-74.2M0.591.74N/AN/A1,937,6241,151,5808,301,4886,883,808
2017-03-02$34.71$32.5015.4%4.3%12.1%9.7%15.2%1.1%0.3%431.0M-15.55B-78.3M0.541.76N/AN/A1,280,008694,2608,589,8487,213,420
2017-03-03$34.90$32.5015.1%4.2%11.1%7.6%15.0%1.0%0.3%543.7M-16.58B-78.0M0.621.92N/AN/A969,740600,6248,854,0647,393,952
2017-03-06$34.87$32.5015.5%4.5%11.2%9.8%15.9%0.9%0.1%497.8M-15.73B-77.7M0.451.52N/AN/A1,176,144524,3888,569,9047,044,616
2017-03-07$34.83$32.5015.4%4.5%11.1%9.5%16.1%0.9%0.3%543.3M-15.71B-79.5M0.561.37N/AN/A738,968413,4808,906,2687,217,560
2017-03-08$34.75$32.5015.2%4.4%11.0%8.1%15.8%1.1%0.2%525.2M-15.38B-79.5M0.561.50N/AN/A647,440365,1369,005,4527,266,576
2017-03-09$34.67$32.5015.2%4.4%11.1%8.1%15.8%1.1%0.2%479.8M-14.92B-79.1M0.711.53N/AN/A841,472597,7529,121,1607,360,280
2017-03-10$34.80$32.5014.7%4.2%11.1%5.5%15.5%1.5%0.2%526.7M-15.92B-77.8M0.511.51N/AN/A1,059,484540,1089,240,8247,432,920
2017-03-13$34.81$32.5013.9%4.0%11.1%1.5%14.9%1.2%0.0%575.4M-15.52B-76.8M0.911.59N/AN/A523,804478,4088,917,5807,137,260
2017-03-14$34.74$32.5014.2%4.1%10.8%2.9%14.7%1.3%-0.1%572.7M-15.32B-76.5M0.631.52N/AN/A557,780352,6289,064,9287,278,608
2017-03-15$35.17$32.5013.6%4.0%11.0%0.0%14.4%0.9%0.3%772.5M-17.43B-76.8M0.581.39N/AN/A1,062,748619,4929,191,8167,372,880
2017-03-16$35.14$32.5013.5%3.9%11.0%0.0%14.0%0.8%0.3%754.8M-17.29B-76.6M0.591.65N/AN/A916,868539,0769,330,3087,544,384
2017-03-17$34.99$33.7513.4%3.9%11.1%0.0%13.9%0.8%0.1%1.09B-16.37B-77.4M0.661.60N/AN/A936,020619,8569,484,3007,709,400
2017-03-20$35.31$33.7512.7%3.6%11.4%0.0%13.1%0.7%4.7%573.0M-15.52B-75.9M0.552.11N/AN/A881,992488,8728,450,0846,162,604
2017-03-21$35.07$33.7514.3%4.1%11.5%8.1%14.6%1.5%3.9%493.4M-14.21B-77.6M0.662.19N/AN/A1,720,0961,136,6888,611,1926,321,684
2017-03-22$35.30$33.7514.5%4.2%11.7%9.2%15.0%1.6%4.0%582.7M-15.26B-78.5M0.752.34N/AN/A860,340647,1129,053,8446,640,176
2017-03-23$35.20$33.7514.9%4.0%11.7%11.0%14.9%1.5%3.6%480.6M-14.46B-78.8M0.822.35N/AN/A706,772578,0489,087,2126,822,860
2017-03-24$35.22$33.7515.7%4.0%11.6%15.3%14.8%1.4%4.7%499.3M-14.67B-77.6M0.875.61N/AN/A946,292822,2689,178,5647,004,088
2017-03-27$35.27$33.7518.2%4.1%11.5%27.9%14.9%1.7%1.9%493.9M-14.63B-76.8M0.882.44N/AN/A776,728684,1048,873,9246,812,776
2017-03-28$35.99$33.7518.4%4.2%13.2%29.1%15.5%1.0%1.9%656.1M-18.13B-75.5M0.682.15N/AN/A1,645,0441,115,0849,042,7606,977,144
2017-03-29$36.05$33.7518.4%4.4%10.6%29.1%15.7%0.9%3.3%664.4M-18.14B-77.8M0.552.16N/AN/A1,522,208830,6889,229,6887,352,836
2017-03-30$35.96$33.7518.4%4.2%10.1%29.0%14.8%1.9%3.8%719.4M-18.16B-78.5M0.682.25N/AN/A849,252576,3009,575,8247,566,076
2017-03-31$35.99$33.7518.7%3.9%10.0%30.5%14.1%0.9%3.9%1.23B-18.51B-78.3M0.602.00N/AN/A1,060,156635,6209,736,4167,766,200