AAPL Options History — August 2018

In August 2018, AAPL traded between $50.30 and $56.97. ATM implied volatility averaged 17.3%, placing in the 8.1% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded below realized volatility by 5.3% (HV 20d: 22.7%). Max pain ranged from $46.25 to $51.25. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 18 of 23 days. Put/call ratio averaged 0.61.

Notable Days

  • 2018-08-02: Highest Volume — 6,781,296 contracts
  • 2018-08-30: Largest IV spike — 14.1% change
  • 2018-08-31: Highest IV Rank — 36.0%
  • 2018-08-31: Largest Expected Move — 6.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.37$50.30$56.97$50.30$56.97
Max Pain$48.78$46.25$51.25$46.88$51.25
ATM IV17.3%15.8%22.2%18.7%22.2%
Expected Move5.0%4.5%6.5%5.7%6.5%
HV 20d22.7%12.8%24.8%22.7%13.2%
HV 60d18.2%17.0%18.6%17.0%18.6%
IV Rank8.1%0.0%36.0%15.6%36.0%
IV Percentile13.3%0.0%54.8%23.4%54.8%
Term Structure0.2%-0.5%0.7%-0.5%-0.4%
VWIV18.3%16.6%23.3%20.4%23.3%
Skew 25d2.2%0.5%3.5%2.7%0.5%
Skew 10d4.5%1.6%7.0%5.1%2.1%
Call IV 25d16.6%14.9%22.9%17.5%22.9%
Put IV 25d18.8%17.0%23.4%20.2%23.4%
Bid-Ask Spread %1.290.982.501.192.50
Gamma HHI0.160.120.270.150.17
Net GEX628.5M-12.3M1.09B868.8M760.7M
Net DEX-20.39B-27.11B-15.13B-18.90B-27.11B
Net VEX-69.4M-75.2M-63.5M-64.6M-75.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.610.260.890.550.53
Total Volume2,865,865.3911,385,4726,781,2964,961,9564,604,984
Total OI13,844,415.1312,953,88815,207,60012,953,88815,207,600

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-08-01$50.30$46.8818.7%5.7%22.7%15.6%20.4%2.7%-0.5%868.8M-18.90B-64.6M0.551.19N/AN/A3,201,7281,760,2286,634,7846,319,104
2018-08-02$51.90$47.5018.1%5.3%24.6%12.2%19.8%2.5%-0.4%878.6M-23.13B-63.5M0.601.10N/AN/A4,241,8802,539,4166,796,9766,681,924
2018-08-03$51.90$47.5017.3%4.9%24.5%7.7%17.5%2.3%-0.2%1.09B-21.67B-67.6M0.511.23N/AN/A2,406,8721,218,2207,038,6567,516,188
2018-08-06$52.30$46.2516.1%4.8%24.4%0.9%17.9%2.5%0.5%676.8M-20.62B-65.7M0.551.06N/AN/A1,255,220686,5806,635,5326,793,676
2018-08-07$51.80$46.2516.4%5.0%24.8%2.8%18.1%2.9%0.3%558.1M-18.55B-67.7M0.701.45N/AN/A1,090,960767,5246,727,3286,961,316
2018-08-08$51.82$47.5016.1%5.0%23.9%0.8%18.4%2.9%0.5%538.8M-18.46B-67.7M0.750.98N/AN/A990,120741,5086,800,8567,160,060
2018-08-09$52.40$47.5015.9%4.8%23.6%0.0%17.3%2.3%0.4%711.8M-20.21B-67.8M0.261.02N/AN/A3,402,396896,1086,832,8567,348,088
2018-08-10$51.91$47.5016.2%4.8%24.2%1.5%17.3%2.7%0.7%-12.3M-15.13B-67.0M0.771.25N/AN/A1,387,7881,071,5686,285,3007,583,424
2018-08-13$52.34$48.7516.6%4.9%24.0%3.5%17.6%2.6%0.4%502.3M-16.92B-68.4M0.481.14N/AN/A1,330,220638,8206,059,9167,109,940
2018-08-14$52.41$48.7515.8%4.7%24.1%0.0%16.7%2.6%0.5%594.5M-17.12B-68.3M0.631.15N/AN/A851,944533,5286,263,5087,253,896
2018-08-15$52.58$48.7517.4%5.2%23.7%8.9%19.0%3.5%0.6%578.3M-17.34B-71.8M0.891.45N/AN/A848,336758,4446,386,5167,421,984
2018-08-16$53.39$48.7517.3%5.0%23.9%8.4%19.0%2.8%0.2%761.0M-20.08B-69.5M0.661.31N/AN/A1,784,7721,172,9806,453,1407,566,724
2018-08-17$54.43$48.7517.1%4.9%23.8%7.0%18.4%2.2%0.1%962.0M-23.59B-67.2M0.681.30N/AN/A2,481,5601,692,5326,650,3207,859,484
2018-08-20$53.90$50.0017.5%5.0%24.5%9.3%18.1%2.2%0.4%450.1M-19.26B-72.3M0.641.31N/AN/A1,417,708907,3086,420,4486,578,604
2018-08-21$53.83$50.0017.5%5.0%24.6%9.5%18.1%2.3%0.3%453.2M-18.80B-73.5M0.601.31N/AN/A1,279,760767,8446,662,8366,853,604
2018-08-22$53.89$50.0016.7%4.8%24.7%4.9%17.1%2.3%0.3%475.3M-18.98B-73.2M0.561.25N/AN/A915,528512,8646,838,6687,010,804
2018-08-23$53.98$50.0017.0%4.9%24.6%6.5%17.3%2.1%0.4%504.3M-19.50B-70.6M0.621.17N/AN/A976,360602,8366,917,2847,093,840
2018-08-24$54.08$50.0015.8%4.5%23.0%0.0%16.6%1.7%0.5%488.3M-19.71B-74.2M0.741.33N/AN/A864,172639,7047,029,0487,165,268
2018-08-27$54.47$50.0016.5%4.6%22.7%3.8%16.7%1.9%0.2%573.6M-20.91B-70.4M0.631.17N/AN/A1,015,388634,5926,674,4406,743,328
2018-08-28$55.02$50.0017.4%4.9%22.8%9.0%17.7%1.4%0.2%648.2M-22.57B-70.4M0.551.21N/AN/A1,470,780809,1526,814,3646,890,940
2018-08-29$55.76$50.0018.0%5.1%16.1%12.0%18.2%1.3%0.1%700.6M-24.91B-68.8M0.531.20N/AN/A1,791,724946,0446,934,8007,095,108
2018-08-30$56.16$50.0020.5%5.9%12.8%26.4%21.3%0.8%-0.0%687.1M-25.55B-71.9M0.521.54N/AN/A3,956,9762,049,9287,061,3807,287,688
2018-08-31$56.97$51.2522.2%6.5%13.2%36.0%23.3%0.5%-0.4%760.7M-27.11B-75.2M0.532.50N/AN/A3,005,4081,599,5767,487,5087,720,092