AAPL Options History — November 2017

In November 2017, AAPL traded between $41.69 and $44.03. ATM implied volatility averaged 19.2%, placing in the 41.5% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded below realized volatility by 1.9% (HV 20d: 21.1%). Max pain ranged from $37.50 to $41.25. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.47.

Notable Days

  • 2017-11-09: Highest Volume — 10,772,608 contracts
  • 2017-11-03: Largest IV drop — 25.5% change
  • 2017-11-01: Highest IV Rank — 98.4%
  • 2017-11-01: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.10$41.69$44.03$41.69$42.99
Max Pain$40.60$37.50$41.25$37.50$41.25
ATM IV19.2%16.5%28.1%28.1%18.6%
Expected Move5.6%4.5%9.9%9.9%5.4%
HV 20d21.1%18.4%23.1%20.2%19.1%
HV 60d18.2%17.5%19.2%19.1%18.9%
IV Rank41.5%24.2%98.4%98.4%37.3%
IV Percentile43.6%23.4%99.6%99.6%40.5%
Term Structure0.2%-1.0%0.7%-1.0%0.1%
VWIV20.1%16.3%35.0%35.0%19.5%
Skew 25d1.4%0.5%2.5%0.7%1.4%
Skew 10d3.2%0.4%5.8%0.7%3.1%
Call IV 25d19.0%16.4%28.4%28.4%18.5%
Put IV 25d20.5%17.6%29.1%29.1%19.9%
Bid-Ask Spread %2.131.044.582.443.14
Gamma HHI0.190.110.740.110.15
Net GEX978.0M451.4M4.16B637.3M776.5M
Net DEX-18.28B-26.40B-12.04B-19.66B-15.26B
Net VEX-75.0M-80.0M-70.4M-80.0M-74.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.100.580.410.56
Total Volume2,660,380.9521,322,63610,772,6082,032,4842,557,112
Total OI17,495,051.61915,789,25619,306,32417,810,61617,279,620

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-11-01$41.69$37.5028.1%9.9%20.2%98.4%35.0%0.7%-1.0%637.3M-19.66B-80.0M0.412.44N/AN/A1,442,832589,65210,497,2847,313,332
2017-11-02$42.05$38.7527.0%7.2%20.1%91.1%25.7%0.5%-0.8%702.9M-21.11B-78.3M0.514.58N/AN/A2,353,5641,205,96010,740,8687,489,384
2017-11-03$43.10$38.7520.1%6.0%21.3%47.2%21.4%0.6%0.2%2.21B-25.68B-75.8M0.501.04N/AN/A3,747,7961,870,73611,352,8687,953,456
2017-11-06$43.60$40.0018.8%5.5%21.4%38.9%20.5%1.0%0.5%902.9M-25.14B-75.5M0.541.34N/AN/A1,601,640859,82010,906,3687,342,592
2017-11-07$43.69$40.0019.0%5.6%21.3%39.9%20.2%1.1%0.4%889.5M-25.10B-75.4M0.531.52N/AN/A1,060,660562,46811,023,2167,573,580
2017-11-08$44.03$40.0018.0%5.4%21.4%33.7%19.0%1.4%0.7%1.01B-26.40B-74.0M0.561.47N/AN/A1,254,920707,47211,105,9327,734,536
2017-11-09$43.95$40.0018.2%5.3%21.2%34.8%19.8%1.6%0.2%990.1M-25.75B-75.5M0.103.22N/AN/A9,763,5241,009,08411,219,0487,936,488
2017-11-10$43.67$41.2518.1%5.3%21.7%34.3%19.1%1.8%0.6%753.6M-16.70B-75.8M0.431.86N/AN/A1,861,964808,5729,577,1568,209,648
2017-11-13$43.45$41.2518.5%5.3%21.3%36.8%19.5%2.1%0.5%744.7M-16.86B-74.9M0.351.46N/AN/A1,142,652394,4009,527,1647,740,252
2017-11-14$42.86$41.2519.4%5.6%22.2%43.0%19.6%2.3%0.1%618.5M-14.56B-74.8M0.411.56N/AN/A1,389,436574,6449,651,8807,842,492
2017-11-15$42.20$41.2520.2%5.8%23.1%48.0%20.8%2.5%0.3%451.4M-12.12B-75.5M0.441.75N/AN/A1,523,308673,6929,754,4647,901,428
2017-11-16$42.86$41.2518.5%5.3%21.1%36.7%18.9%1.6%0.1%748.2M-15.00B-75.4M0.502.19N/AN/A1,128,668564,1889,955,6568,000,380
2017-11-17$42.49$41.2518.3%5.2%21.6%35.3%18.3%1.8%0.6%582.0M-13.22B-76.6M0.491.94N/AN/A1,234,804608,55210,069,8408,107,028
2017-11-20$42.49$41.2518.1%5.2%21.6%34.1%18.2%1.8%-0.1%627.4M-13.44B-75.0M0.381.98N/AN/A1,012,992383,0889,152,0886,637,168
2017-11-21$43.27$41.2517.3%4.8%22.2%28.9%17.1%1.1%-0.0%855.7M-16.73B-74.6M0.462.04N/AN/A1,578,856721,5529,278,1926,780,020
2017-11-22$43.75$41.2516.5%4.5%22.1%24.3%16.3%0.9%0.2%985.2M-18.50B-72.3M0.472.83N/AN/A1,274,360600,6329,287,2566,959,292
2017-11-24$43.74$41.2516.5%4.5%22.2%24.2%16.3%1.4%-0.2%4.16B-18.39B-71.8M0.482.02N/AN/A1,011,340487,6969,396,1767,068,796
2017-11-27$43.54$41.2516.7%4.6%19.7%25.1%16.8%1.3%0.6%742.9M-16.76B-70.4M0.581.69N/AN/A835,304487,3329,047,4566,894,156
2017-11-28$43.21$41.2517.7%5.0%18.4%31.9%18.1%1.4%0.0%689.8M-15.45B-72.1M0.572.03N/AN/A1,190,112679,7809,278,3527,041,660
2017-11-29$42.39$41.2520.2%5.9%19.3%47.9%21.5%2.2%0.3%458.6M-12.04B-76.1M0.502.71N/AN/A2,077,4281,035,4089,495,6087,273,904
2017-11-30$42.99$41.2518.6%5.4%19.1%37.3%19.5%1.4%0.1%776.5M-15.26B-74.5M0.563.14N/AN/A1,641,352915,7609,782,1487,497,472