AAPL Options History — August 2017

In August 2017, AAPL traded between $37.45 and $41.01. ATM implied volatility averaged 21.6%, placing in the 57.9% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded below realized volatility by 3.6% (HV 20d: 25.2%). Max pain ranged from $36.25 to $38.75. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 18 of 23 days. Put/call ratio averaged 0.50.

Notable Days

  • 2017-08-02: Highest Volume — 5,018,220 contracts
  • 2017-08-02: Largest IV drop — 19.7% change
  • 2017-08-24: Highest IV Rank — 74.9%
  • 2017-08-01: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.76$37.45$41.01$37.45$41.01
Max Pain$38.12$36.25$38.75$36.25$38.75
ATM IV21.6%18.1%24.3%23.9%22.0%
Expected Move6.3%5.5%7.6%7.6%6.3%
HV 20d25.2%13.2%28.9%13.2%20.1%
HV 60d22.6%19.9%23.5%19.9%23.0%
IV Rank57.9%34.6%74.9%72.3%60.3%
IV Percentile69.6%41.7%88.1%86.5%69.8%
Term Structure0.4%-0.7%1.3%-0.7%0.1%
VWIV22.4%19.9%27.3%27.3%22.7%
Skew 25d2.3%1.2%3.9%1.4%2.1%
Skew 10d4.5%2.3%7.3%2.9%3.9%
Call IV 25d21.0%17.6%23.5%23.5%21.6%
Put IV 25d23.2%19.1%26.1%24.9%23.7%
Bid-Ask Spread %1.921.175.385.381.63
Gamma HHI0.190.120.410.120.20
Net GEX727.3M357.5M1.24B378.4M894.7M
Net DEX-15.78B-19.95B-10.11B-10.11B-19.95B
Net VEX-76.9M-79.7M-73.7M-75.7M-75.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.140.720.660.46
Total Volume2,278,744.1741,285,8445,018,2202,175,3921,918,052
Total OI16,537,309.21715,436,98817,566,45215,923,34817,065,652

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-08-01$37.45$36.2523.9%7.6%13.2%72.3%27.3%1.4%-0.7%378.4M-10.11B-75.7M0.665.38N/AN/A1,308,792866,6009,088,6846,834,664
2017-08-02$39.45$36.7519.2%5.5%22.2%41.9%19.9%1.3%-0.0%838.5M-18.45B-73.7M0.502.06N/AN/A3,336,7121,681,5089,528,2887,277,212
2017-08-03$38.87$37.5019.2%6.0%22.6%41.8%21.1%1.2%0.1%653.3M-14.90B-75.6M0.511.58N/AN/A1,467,464743,5049,669,2087,596,404
2017-08-04$39.00$37.5018.2%5.8%22.4%35.6%20.5%1.3%0.0%686.2M-15.69B-75.6M0.611.43N/AN/A1,142,828702,7489,836,7647,729,688
2017-08-07$39.67$37.5018.1%5.6%22.9%34.6%20.2%1.6%1.3%724.4M-16.85B-74.5M0.541.69N/AN/A1,029,180559,0729,201,6646,928,172
2017-08-08$40.03$37.5020.0%5.9%22.9%47.3%21.0%1.8%0.8%771.8M-18.12B-75.3M0.452.80N/AN/A2,287,9681,033,7329,303,9767,098,748
2017-08-09$40.24$37.5019.9%6.0%22.9%46.6%21.0%1.5%0.9%811.2M-18.77B-76.3M0.141.35N/AN/A4,373,908597,6449,543,4127,277,812
2017-08-10$38.84$38.7522.8%6.7%26.8%65.5%23.6%3.5%0.6%357.5M-10.91B-79.5M0.531.95N/AN/A2,245,3041,192,6528,975,5087,377,564
2017-08-11$39.36$38.7522.6%6.7%27.0%64.1%23.0%3.9%1.3%708.6M-13.21B-79.7M0.632.14N/AN/A1,560,012982,2809,281,6087,443,536
2017-08-14$39.96$38.7520.6%5.9%27.3%50.8%21.2%2.3%0.4%752.7M-15.75B-76.6M0.501.56N/AN/A951,244472,2889,070,5687,148,376
2017-08-15$40.48$38.7521.0%6.0%27.5%53.6%21.4%2.4%0.1%873.9M-17.78B-75.4M0.381.34N/AN/A1,444,600542,8129,181,2967,276,872
2017-08-16$40.19$38.7519.9%5.7%27.8%46.5%20.3%1.9%0.6%876.4M-16.45B-75.2M0.421.82N/AN/A1,420,352590,5209,308,4087,417,476
2017-08-17$39.55$38.7523.0%6.5%28.6%66.6%23.7%2.6%1.0%621.8M-13.74B-79.4M0.573.21N/AN/A1,361,620773,8409,575,3647,498,804
2017-08-18$39.54$38.7522.7%6.4%28.5%64.7%23.1%3.0%1.3%552.1M-13.63B-79.7M0.541.71N/AN/A1,467,700790,5489,768,5687,643,968
2017-08-21$39.26$38.7523.2%6.5%28.3%68.1%23.4%2.7%-0.2%525.8M-12.50B-78.7M0.501.17N/AN/A999,376502,1688,936,3726,500,616
2017-08-22$39.96$38.7522.9%6.3%28.9%66.1%22.4%2.5%0.2%700.7M-15.25B-78.8M0.421.31N/AN/A1,070,088444,6649,121,8006,627,940
2017-08-23$40.02$38.7522.5%6.3%28.9%63.4%22.4%2.3%0.7%728.6M-15.46B-78.2M0.581.60N/AN/A811,772474,0729,271,7006,737,040
2017-08-24$39.83$38.7524.3%6.6%27.6%74.9%23.4%2.8%0.4%675.4M-14.68B-79.1M0.571.80N/AN/A950,552540,5209,379,1646,825,332
2017-08-25$40.00$38.7522.8%6.2%27.5%65.4%24.0%2.6%0.4%1.24B-15.72B-78.8M0.721.37N/AN/A1,144,444825,5649,560,9926,948,296
2017-08-28$40.34$37.5022.9%6.4%27.5%66.1%22.8%2.4%-0.0%770.9M-17.30B-76.5M0.502.03N/AN/A1,098,844546,8689,404,8126,820,696
2017-08-29$40.77$37.5023.2%6.6%27.6%67.9%23.4%2.5%-0.1%806.9M-19.00B-75.6M0.411.32N/AN/A1,673,184685,5729,509,8166,932,184
2017-08-30$40.75$37.5023.0%6.6%21.0%66.7%23.6%2.3%0.0%779.2M-18.81B-76.1M0.392.02N/AN/A1,291,844506,1009,672,1967,160,892
2017-08-31$41.01$38.7522.0%6.3%20.1%60.3%22.7%2.1%0.1%894.7M-19.95B-75.4M0.461.63N/AN/A1,312,068605,9849,785,6727,279,980