AAPL Options History — April 2017

In April 2017, AAPL traded between $35.13 and $36.21. ATM implied volatility averaged 20.9%, placing in the 47.6% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 10.1% (HV 20d: 10.8%). Max pain ranged from $33.75 to $35.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.71.

Notable Days

  • 2017-04-11: Highest Volume — 2,460,916 contracts
  • 2017-04-21: Largest IV spike — 7.3% change
  • 2017-04-12: Highest IV Rank — 56.6%
  • 2017-04-26: Largest Expected Move — 6.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.73$35.13$36.21$35.95$35.87
Max Pain$34.28$33.75$35.00$33.75$35.00
ATM IV20.9%19.4%22.4%21.1%19.8%
Expected Move5.7%3.7%6.4%3.9%6.3%
HV 20d10.8%10.0%12.3%10.0%10.6%
HV 60d16.8%11.0%17.4%16.9%11.0%
IV Rank47.6%41.3%56.6%42.7%45.6%
IV Percentile56.0%42.5%69.4%57.1%46.8%
Term Structure-1.0%-1.5%-0.3%-0.8%-1.1%
VWIV20.2%13.5%22.5%14.3%21.9%
Skew 25d2.0%1.4%2.5%1.4%2.0%
Skew 10d3.8%2.7%5.9%3.1%3.5%
Call IV 25d20.2%18.6%21.6%21.1%19.3%
Put IV 25d22.2%20.4%23.6%22.6%21.3%
Bid-Ask Spread %1.841.273.002.011.82
Gamma HHI0.140.100.230.140.12
Net GEX528.3M348.3M710.5M616.8M401.3M
Net DEX-14.91B-18.65B-12.40B-17.23B-13.19B
Net VEX-74.5M-77.9M-69.8M-77.2M-71.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.491.110.690.62
Total Volume1,332,603.368323,5162,460,9161,276,8241,415,532
Total OI16,736,894.73714,437,27617,781,46816,660,12015,538,384

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-04-03$35.95$33.7521.1%3.9%10.0%42.7%14.3%1.4%-0.8%616.8M-17.23B-77.2M0.692.01N/AN/A755,644521,1809,266,6527,393,468
2017-04-04$36.21$33.7520.8%3.7%10.2%41.4%13.5%1.7%-0.3%710.5M-18.65B-76.7M0.492.00N/AN/A1,132,448552,6689,441,3167,552,088
2017-04-05$36.07$33.7521.5%4.0%10.3%44.9%14.2%1.9%-0.3%706.9M-17.94B-77.6M0.682.25N/AN/A1,111,336751,3809,639,5287,708,180
2017-04-06$35.95$33.7521.3%5.7%10.4%43.9%20.7%1.9%-0.7%646.2M-17.12B-77.3M0.701.59N/AN/A749,188527,5289,750,0607,824,968
2017-04-07$35.90$33.7521.1%5.7%10.4%47.4%20.7%2.1%-0.6%643.6M-16.74B-77.7M1.111.87N/AN/A676,112751,5969,837,7287,904,980
2017-04-10$35.79$33.7521.5%5.8%10.5%51.1%20.7%1.9%-1.4%553.9M-15.83B-76.3M0.811.35N/AN/A602,260487,9729,485,1527,527,036
2017-04-11$35.33$33.7522.4%6.1%11.6%56.4%21.8%2.1%-1.1%348.3M-13.33B-77.0M0.711.39N/AN/A1,442,9681,017,9489,607,5767,629,724
2017-04-12$35.37$33.7522.4%6.1%10.8%56.6%21.7%2.1%-1.3%434.3M-13.53B-77.9M0.561.61N/AN/A759,004422,1489,849,6767,872,120
2017-04-13$35.41$33.7521.8%6.0%10.8%53.0%20.9%2.1%-1.0%493.5M-13.82B-76.3M0.821.65N/AN/A735,768603,5849,861,3607,920,108
2017-04-17$35.38$33.7522.0%6.2%10.7%54.1%22.1%2.1%-1.2%413.0M-13.75B-74.6M1.042.02N/AN/A158,428165,0889,383,9407,619,668
2017-04-18$35.34$33.7521.1%6.0%10.2%49.1%21.3%1.8%-0.9%412.9M-13.73B-73.4M0.671.29N/AN/A452,380304,3649,491,8527,693,784
2017-04-19$35.13$35.0020.5%5.9%10.1%47.3%21.0%1.8%-1.0%349.7M-12.40B-74.2M0.641.27N/AN/A574,064366,0849,566,2687,759,312
2017-04-20$35.72$35.0019.4%5.6%11.4%41.4%20.5%2.1%-0.5%599.7M-15.95B-71.7M0.561.56N/AN/A1,217,524675,6769,604,1007,815,092
2017-04-21$35.53$35.0020.8%6.1%11.5%50.2%20.9%2.5%-1.5%707.3M-14.93B-73.2M0.762.13N/AN/A784,820598,8049,792,0487,984,768
2017-04-24$35.93$35.0019.5%5.9%12.2%41.9%20.9%1.8%-1.0%501.3M-13.69B-69.8M0.551.94N/AN/A950,060518,3648,094,0406,343,236
2017-04-25$36.19$35.0019.4%5.9%12.3%41.3%21.1%1.6%-1.0%591.2M-14.48B-70.9M0.762.03N/AN/A822,360628,3368,243,6486,501,912
2017-04-26$35.90$35.0020.5%6.4%10.6%47.9%22.3%2.2%-1.1%442.0M-13.33B-71.4M0.703.00N/AN/A692,460483,7728,414,8326,710,160
2017-04-27$35.97$35.0020.2%6.4%10.6%48.4%22.5%2.0%-1.2%464.7M-13.69B-71.4M0.602.22N/AN/A568,448342,1688,545,6326,826,604
2017-04-28$35.87$35.0019.8%6.3%10.6%45.6%21.9%2.0%-1.1%401.3M-13.19B-71.2M0.621.82N/AN/A876,004539,5288,635,5726,902,812