AAPL Options History — June 2018

In June 2018, AAPL traded between $45.63 and $48.43. ATM implied volatility averaged 18.1%, placing in the 12.5% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 6.0% (HV 20d: 12.1%). Max pain ranged from $43.75 to $46.25. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.69.

Notable Days

2018-06-15: Highest Volume — 2,147,896 contracts
2018-06-25: Largest IV spike — 15.1% change
2018-06-29: Highest IV Rank — 35.0%
2018-06-25: Largest Expected Move — 6.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$47.20	$45.63	$48.43	$47.50	$46.51
Max Pain	$45.18	$43.75	$46.25	$45.00	$46.25
ATM IV	18.1%	16.4%	22.1%	16.7%	22.1%
Expected Move	5.2%	4.8%	6.0%	4.9%	5.6%
HV 20d	12.1%	9.0%	17.8%	17.8%	13.6%
HV 60d	25.2%	22.7%	26.9%	26.9%	22.7%
IV Rank	12.5%	2.8%	35.0%	5.2%	35.0%
IV Percentile	17.6%	2.4%	48.4%	5.6%	48.4%
Term Structure	1.6%	-0.8%	6.0%	-0.8%	6.0%
VWIV	18.7%	17.0%	23.1%	17.6%	23.1%
Skew 25d	1.9%	0.9%	3.5%	1.9%	3.1%
Skew 10d	3.9%	1.7%	7.2%	4.3%	5.4%
Call IV 25d	17.3%	15.6%	19.6%	16.2%	18.3%
Put IV 25d	19.2%	17.2%	23.1%	18.1%	21.4%
Bid-Ask Spread %	1.53	0.92	2.47	1.27	1.75
Gamma HHI	0.15	0.09	0.64	0.64	0.10
Net GEX	461.4M	126.8M	2.00B	2.00B	210.1M
Net DEX	-12.00B	-17.16B	-6.27B	-14.85B	-9.00B
Net VEX	-74.1M	-79.3M	-70.5M	-73.0M	-77.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.69	0.38	1.36	0.45	1.36
Total Volume	1,434,665.333	896,744	2,147,896	1,777,640	1,231,716
Total OI	12,665,333.905	10,994,172	13,988,788	12,817,376	13,000,416

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2018-06-01	$47.50	$45.00	16.7%	4.9%	17.8%	5.2%	17.6%	1.9%	-0.8%	2.00B	-14.85B	-73.0M	0.45	1.27	N/A	N/A	1,222,616	555,024	6,880,664	5,936,712
2018-06-04	$47.97	$43.75	16.6%	5.0%	11.4%	4.9%	17.6%	1.8%	0.5%	623.6M	-16.08B	-70.5M	0.51	1.47	N/A	N/A	1,400,240	710,192	6,672,928	5,723,960
2018-06-05	$48.33	$43.75	16.5%	4.8%	11.5%	3.3%	17.5%	1.6%	0.5%	678.8M	-17.02B	-72.1M	0.45	1.05	N/A	N/A	971,392	440,620	6,878,652	5,943,800
2018-06-06	$48.35	$43.75	16.4%	4.8%	11.5%	2.8%	17.0%	1.6%	0.4%	677.2M	-17.13B	-71.4M	0.60	0.92	N/A	N/A	673,172	402,512	6,975,092	6,049,144
2018-06-07	$48.43	$45.00	16.8%	4.9%	11.4%	5.0%	18.2%	1.6%	0.4%	683.5M	-17.16B	-72.3M	0.71	1.29	N/A	N/A	644,324	459,108	7,048,308	6,147,328
2018-06-08	$47.88	$45.00	16.9%	5.0%	11.0%	5.6%	17.6%	1.4%	0.3%	483.4M	-15.02B	-72.5M	0.65	1.56	N/A	N/A	1,255,956	821,992	7,087,168	6,219,492
2018-06-11	$47.80	$45.00	17.3%	5.0%	10.6%	7.8%	18.1%	1.2%	0.1%	497.7M	-14.69B	-71.7M	0.38	1.18	N/A	N/A	947,312	355,412	6,928,656	6,023,044
2018-06-12	$47.92	$45.00	16.9%	5.0%	10.6%	5.4%	17.6%	1.0%	0.3%	571.4M	-15.30B	-71.6M	0.51	0.99	N/A	N/A	634,884	325,200	7,275,032	6,106,908
2018-06-13	$47.79	$45.00	17.2%	5.0%	9.6%	7.1%	17.8%	0.9%	0.2%	531.9M	-14.74B	-71.8M	0.53	1.63	N/A	N/A	760,364	400,992	7,383,932	6,179,544
2018-06-14	$47.78	$45.00	16.8%	4.8%	9.0%	4.6%	17.1%	1.0%	0.1%	523.0M	-14.71B	-72.1M	0.49	1.35	N/A	N/A	803,480	391,768	7,571,104	6,243,484
2018-06-15	$47.19	$45.00	17.0%	4.9%	10.1%	5.9%	18.3%	1.2%	0.2%	297.9M	-11.88B	-73.1M	0.60	1.33	N/A	N/A	1,344,220	803,676	7,656,316	6,332,472
2018-06-18	$47.20	$45.00	17.1%	4.9%	10.0%	6.4%	17.7%	1.3%	0.9%	287.8M	-10.00B	-72.7M	0.63	1.38	N/A	N/A	550,892	345,852	6,165,936	4,828,236
2018-06-19	$46.40	$45.00	18.6%	5.3%	11.7%	14.9%	19.0%	2.0%	0.6%	163.8M	-7.77B	-73.6M	0.83	1.90	N/A	N/A	1,079,712	892,076	6,300,936	4,960,752
2018-06-20	$46.69	$45.00	17.8%	5.1%	12.0%	10.5%	18.9%	1.9%	0.7%	260.3M	-8.85B	-75.0M	0.61	1.68	N/A	N/A	643,620	394,364	6,530,696	5,199,124
2018-06-21	$46.26	$45.00	19.4%	5.5%	12.3%	19.5%	19.5%	2.1%	0.5%	150.0M	-7.62B	-75.8M	0.60	1.76	N/A	N/A	1,184,392	705,564	6,586,144	5,245,784
2018-06-22	$46.45	$46.25	18.2%	5.2%	12.4%	13.0%	18.2%	2.0%	0.8%	195.6M	-8.34B	-76.8M	0.72	2.47	N/A	N/A	665,656	478,492	6,921,784	5,517,444
2018-06-25	$45.63	$46.25	21.0%	6.0%	13.8%	28.6%	21.0%	3.5%	5.2%	126.8M	-6.27B	-76.6M	0.99	2.18	N/A	N/A	877,348	871,316	6,476,268	5,338,884
2018-06-26	$46.29	$46.25	19.5%	5.4%	14.8%	20.4%	19.2%	2.6%	5.6%	242.2M	-8.39B	-78.1M	0.74	1.87	N/A	N/A	786,072	581,124	6,667,000	5,568,448
2018-06-27	$46.30	$46.25	20.5%	5.9%	14.8%	26.0%	22.9%	3.2%	6.0%	242.6M	-8.44B	-78.8M	1.30	1.81	N/A	N/A	688,228	895,748	6,803,808	5,708,132
2018-06-28	$46.44	$46.25	21.2%	5.7%	14.9%	29.7%	20.0%	2.9%	5.9%	244.4M	-8.71B	-79.3M	0.85	1.33	N/A	N/A	503,652	427,692	6,874,828	6,013,652
2018-06-29	$46.51	$46.25	22.1%	5.6%	13.6%	35.0%	23.1%	3.1%	6.0%	210.1M	-9.00B	-77.8M	1.36	1.75	N/A	N/A	521,684	710,032	6,929,076	6,071,340