AAPL Options History — May 2017

In May 2017, AAPL traded between $36.62 and $38.98. ATM implied volatility averaged 17.0%, placing in the 27.4% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded below realized volatility by 0.8% (HV 20d: 17.8%). Max pain ranged from $32.50 to $37.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.47.

Notable Days

  • 2017-05-10: Highest Volume — 8,222,864 contracts
  • 2017-05-03: Largest IV drop — 27.5% change
  • 2017-05-17: Highest IV Rank — 54.9%
  • 2017-05-02: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.04$36.62$38.98$36.77$38.20
Max Pain$35.40$32.50$37.50$35.00$37.50
ATM IV17.0%13.3%21.2%20.4%16.7%
Expected Move4.9%4.0%7.0%6.8%4.7%
HV 20d17.8%13.6%21.2%13.8%19.4%
HV 60d13.6%11.6%15.3%11.7%14.7%
IV Rank27.4%3.8%54.9%49.9%25.8%
IV Percentile26.3%0.4%67.5%52.8%23.4%
Term Structure0.0%-1.0%0.4%-0.8%-0.5%
VWIV17.7%14.2%24.2%24.2%16.6%
Skew 25d1.2%0.2%3.0%1.0%1.1%
Skew 10d2.4%0.4%6.6%1.5%2.2%
Call IV 25d16.8%12.9%20.4%19.9%16.5%
Put IV 25d18.0%14.3%22.9%20.9%17.6%
Bid-Ask Spread %1.631.024.641.791.94
Gamma HHI0.170.120.290.140.17
Net GEX713.9M465.8M970.8M471.7M698.4M
Net DEX-16.66B-22.32B-11.74B-16.09B-13.90B
Net VEX-77.1M-84.0M-69.0M-69.0M-79.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.090.640.590.49
Total Volume2,683,091.2731,151,2168,222,8642,506,0001,303,424
Total OI16,953,209.45514,775,65618,120,18014,775,65617,127,936

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-05-01$36.77$35.0020.4%6.8%13.8%49.9%24.2%1.0%-0.8%471.7M-16.09B-69.0M0.591.79N/AN/A1,580,872925,1288,233,3286,542,328
2017-05-02$36.85$35.0020.3%7.0%13.8%48.8%24.2%0.9%-1.0%466.7M-16.09B-71.0M0.584.64N/AN/A2,414,9081,402,8168,520,2766,974,048
2017-05-03$36.74$35.0014.7%4.4%13.7%12.8%15.8%1.0%0.2%612.2M-15.81B-72.1M0.571.89N/AN/A2,702,1561,528,8649,396,2887,628,504
2017-05-04$36.62$32.5013.3%4.0%13.6%3.8%14.2%1.5%0.4%607.5M-15.41B-70.7M0.471.15N/AN/A1,170,512544,3089,808,9047,925,848
2017-05-05$37.16$32.5013.6%4.0%14.4%5.7%14.6%1.2%0.4%888.2M-18.38B-70.7M0.511.37N/AN/A1,935,132986,6609,872,4207,982,204
2017-05-08$38.21$32.5015.8%4.5%17.1%19.7%16.3%0.7%0.1%742.8M-21.61B-70.1M0.401.17N/AN/A3,560,7321,411,1649,313,6527,249,068
2017-05-09$38.44$32.5016.3%4.7%16.9%23.4%16.7%0.2%-0.0%808.5M-22.32B-74.7M0.371.06N/AN/A2,570,032938,8409,787,5927,663,688
2017-05-10$38.25$33.7516.2%4.7%16.1%22.3%16.4%0.6%0.1%746.9M-21.34B-77.1M0.091.15N/AN/A7,564,876657,98810,193,0207,869,632
2017-05-11$38.49$36.2516.1%4.6%16.1%21.6%16.9%0.8%0.2%854.8M-16.31B-76.7M0.411.07N/AN/A1,666,268685,9328,676,0368,032,120
2017-05-12$38.98$36.2516.9%4.9%16.3%26.8%17.4%0.7%0.1%970.8M-18.79B-77.3M0.321.43N/AN/A3,276,0441,037,2288,843,0088,194,684
2017-05-15$38.85$36.2517.7%5.1%16.5%32.5%18.3%0.5%0.1%804.7M-17.75B-78.5M0.311.02N/AN/A1,664,520521,4528,818,0087,793,660
2017-05-16$38.85$36.2517.1%4.9%16.4%28.6%17.6%0.6%0.1%883.6M-17.90B-79.1M0.361.15N/AN/A1,117,052404,7169,158,4087,972,036
2017-05-17$37.55$36.2521.2%6.1%21.2%54.9%21.3%2.5%-0.4%465.8M-11.74B-84.0M0.571.74N/AN/A2,197,2321,259,4449,366,8008,071,876
2017-05-18$38.20$36.2519.7%5.6%21.2%45.0%20.3%3.0%0.3%685.7M-14.83B-84.0M0.491.23N/AN/A1,420,052691,8249,688,3128,235,496
2017-05-19$38.17$36.2518.4%5.2%21.0%36.7%19.0%2.0%0.4%760.1M-14.87B-83.7M0.501.48N/AN/A1,175,400593,2689,765,5488,354,632
2017-05-22$38.48$36.2517.1%4.8%20.9%28.4%17.4%1.5%0.2%657.1M-15.61B-81.3M0.541.88N/AN/A876,096471,7248,916,2607,145,372
2017-05-23$38.39$36.2517.5%4.9%21.0%31.0%17.8%1.4%0.3%671.7M-15.39B-81.2M0.641.68N/AN/A703,460447,7569,120,9567,281,056
2017-05-24$38.31$36.2516.9%4.7%20.7%26.9%16.8%1.2%0.4%675.9M-15.19B-80.4M0.561.81N/AN/A782,180437,0129,300,7887,368,768
2017-05-25$38.49$36.2516.1%4.5%20.7%21.8%16.4%0.9%0.2%789.3M-16.19B-79.3M0.521.84N/AN/A946,000489,9009,437,3767,489,856
2017-05-26$38.39$36.2515.6%4.3%20.7%18.4%15.3%1.1%0.2%700.0M-15.76B-78.7M0.611.74N/AN/A1,096,268671,0569,591,5047,538,176
2017-05-30$38.50$37.5015.6%4.4%19.0%18.7%15.8%0.9%-0.1%742.9M-15.26B-77.6M0.461.63N/AN/A818,076379,6369,330,7607,390,376
2017-05-31$38.20$37.5016.7%4.7%19.4%25.8%16.6%1.1%-0.5%698.4M-13.90B-79.6M0.491.94N/AN/A876,952426,4729,608,9327,519,004