AAPL Options History — February 2019

In February 2019, AAPL traded between $41.65 and $43.67. ATM implied volatility averaged 21.3%, placing in the 18.9% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded below realized volatility by 8.4% (HV 20d: 29.7%). Max pain ranged from $41.25 to $42.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 15 of 19 days. Put/call ratio averaged 0.65.

Notable Days

  • 2019-02-07: Highest Volume — 3,778,556 contracts
  • 2019-02-22: Largest IV drop — 6.0% change
  • 2019-02-08: Highest IV Rank — 25.2%
  • 2019-02-01: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.93$41.65$43.67$41.65$43.45
Max Pain$42.17$41.25$42.50$41.25$42.50
ATM IV21.3%19.4%23.1%22.6%19.6%
Expected Move6.0%5.3%6.7%6.7%5.4%
HV 20d29.7%15.0%32.7%32.3%15.0%
HV 60d39.4%36.7%42.1%41.8%36.7%
IV Rank18.9%12.4%25.2%23.6%13.2%
IV Percentile32.7%23.0%43.7%40.1%25.0%
Term Structure0.2%-0.1%0.8%0.1%0.1%
VWIV21.4%18.9%23.8%23.8%19.3%
Skew 25d2.3%1.6%2.7%2.7%2.4%
Skew 10d4.4%2.9%5.6%5.1%4.5%
Call IV 25d20.4%18.4%22.1%21.7%18.7%
Put IV 25d22.7%20.7%24.6%24.5%21.1%
Bid-Ask Spread %1.320.961.621.291.25
Gamma HHI0.130.080.410.080.14
Net GEX290.0M170.2M769.6M194.4M298.3M
Net DEX-4.02B-6.16B-904.9M-2.25B-4.86B
Net VEX-80.3M-84.1M-76.9M-76.9M-84.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.431.030.690.61
Total Volume1,616,466.526953,2883,778,5561,946,6961,048,096
Total OI12,673,892.84211,106,17213,856,60413,693,73612,753,856

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-02-01$41.65$41.2522.6%6.7%32.3%23.6%23.8%2.7%0.1%194.4M-2.25B-76.9M0.691.29N/AN/A1,150,568796,1287,452,8086,240,928
2019-02-04$42.70$41.2522.8%6.6%31.3%24.2%23.4%2.3%0.2%295.9M-3.78B-77.6M0.631.17N/AN/A1,282,532802,1926,973,4085,565,188
2019-02-05$43.50$41.2521.9%6.3%31.5%21.1%22.5%1.7%-0.0%357.1M-5.64B-78.8M0.551.25N/AN/A1,841,9881,007,9727,169,0045,798,412
2019-02-06$43.53$41.2521.9%6.3%31.5%21.2%22.4%1.6%0.0%362.5M-5.56B-81.9M0.721.19N/AN/A1,181,592847,9607,492,7286,023,428
2019-02-07$42.71$41.2522.9%6.6%32.5%24.5%23.8%2.3%0.1%194.7M-2.87B-81.9M0.431.24N/AN/A2,633,2361,145,3207,647,2326,209,372
2019-02-08$42.52$42.5023.1%6.6%32.7%25.2%23.4%2.5%0.0%170.2M-904.9M-82.7M0.741.22N/AN/A1,041,880768,6247,496,5526,343,772
2019-02-11$42.41$42.5022.9%6.6%32.4%24.5%23.1%2.6%0.1%172.0M-2.14B-81.1M0.811.15N/AN/A582,096468,7527,167,4845,601,064
2019-02-12$42.66$42.5022.0%6.3%31.3%21.6%22.4%2.3%0.3%211.1M-3.22B-80.3M0.601.28N/AN/A659,836396,8447,268,6205,606,728
2019-02-13$42.62$42.5021.9%6.3%30.8%21.0%22.1%2.2%0.2%239.0M-3.26B-81.3M1.031.30N/AN/A649,484671,6087,400,6285,687,208
2019-02-14$42.72$42.5022.0%6.3%30.8%21.5%22.2%2.2%0.2%259.1M-3.54B-81.8M0.701.09N/AN/A821,540575,8247,547,9925,762,540
2019-02-15$42.59$42.5020.9%6.0%30.9%17.6%20.9%2.4%0.3%270.2M-3.30B-80.3M0.740.96N/AN/A853,900634,5047,686,8485,821,468
2019-02-19$42.79$42.5020.5%5.9%30.9%16.4%20.4%2.1%0.3%209.9M-3.69B-78.5M0.571.56N/AN/A667,988381,1286,377,3884,728,784
2019-02-20$42.99$42.5020.1%5.7%29.7%14.8%20.0%2.2%0.5%274.8M-4.34B-79.4M0.671.62N/AN/A1,007,660671,8166,589,7244,841,316
2019-02-21$42.70$42.5020.8%5.9%30.0%17.4%20.4%2.2%0.2%200.1M-3.86B-80.1M0.591.46N/AN/A695,940408,7446,835,0645,005,748
2019-02-22$43.10$42.5019.6%5.4%29.5%13.1%19.1%2.3%0.8%769.6M-4.99B-80.2M0.601.61N/AN/A715,116429,9086,952,8205,080,524
2019-02-25$43.63$42.5019.7%5.5%27.5%13.5%19.6%2.3%-0.1%328.0M-6.16B-79.9M0.531.45N/AN/A864,360461,2006,735,3564,902,792
2019-02-26$43.63$42.5019.4%5.3%26.9%12.4%18.9%2.2%-0.1%332.4M-5.92B-79.8M0.471.48N/AN/A648,980304,3086,909,0245,025,584
2019-02-27$43.67$42.5019.6%5.3%26.6%13.2%19.0%2.3%-0.0%370.3M-6.03B-79.4M0.721.51N/AN/A927,096666,1447,022,0085,080,564
2019-02-28$43.45$42.5019.6%5.4%15.0%13.2%19.3%2.4%0.1%298.3M-4.86B-84.1M0.611.25N/AN/A649,232398,8647,353,1845,400,672