AAPL Options History — March 2019

In March 2019, AAPL traded between $43.19 and $49.03. ATM implied volatility averaged 21.4%, placing in the 19.2% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 3.7% (HV 20d: 17.7%). Max pain ranged from $42.50 to $46.25. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.62.

Notable Days

  • 2019-03-21: Highest Volume — 5,425,824 contracts
  • 2019-03-21: Largest IV spike — 9.7% change
  • 2019-03-22: Highest IV Rank — 31.0%
  • 2019-03-26: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.85$43.19$49.03$43.77$47.43
Max Pain$44.11$42.50$46.25$42.50$46.25
ATM IV21.4%18.7%24.8%18.7%23.4%
Expected Move6.7%5.0%7.9%5.0%7.4%
HV 20d17.7%9.3%25.6%15.0%25.4%
HV 60d34.2%32.1%36.2%36.2%32.4%
IV Rank19.2%10.0%31.0%10.0%26.2%
IV Percentile35.1%21.0%56.3%21.0%47.2%
Term Structure1.2%-0.5%5.7%0.3%5.7%
VWIV23.7%17.6%28.0%17.6%26.4%
Skew 25d2.2%0.6%3.5%2.4%2.2%
Skew 10d4.1%0.6%7.5%4.4%4.7%
Call IV 25d20.3%17.5%24.8%17.5%20.5%
Put IV 25d22.5%19.9%25.8%19.9%22.7%
Bid-Ask Spread %1.891.153.771.852.06
Gamma HHI0.130.070.530.530.17
Net GEX376.6M92.8M1.04B1.04B442.2M
Net DEX-9.53B-17.78B-3.51B-6.14B-10.84B
Net VEX-89.1M-96.6M-84.1M-84.5M-94.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.421.030.540.78
Total Volume2,220,492.571781,7365,425,8241,399,4121,667,264
Total OI13,612,437.52412,063,17215,272,54013,122,87215,272,540

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$43.77$42.5018.7%5.0%15.0%10.0%17.6%2.4%0.3%1.04B-6.14B-84.5M0.541.85N/AN/A911,620487,7927,547,3325,575,540
2019-03-04$43.94$42.5020.1%5.6%15.0%14.9%19.4%2.5%-0.0%329.8M-6.05B-85.3M0.511.76N/AN/A1,160,396588,3207,280,1525,476,148
2019-03-05$43.94$42.5019.2%5.2%12.4%11.8%18.2%2.4%0.1%324.9M-5.88B-84.1M0.531.37N/AN/A512,512269,2247,454,3645,591,704
2019-03-06$43.67$42.5020.2%5.6%10.9%15.1%19.7%2.8%-0.2%281.3M-5.16B-84.6M0.841.52N/AN/A573,420483,6367,544,3285,622,080
2019-03-07$43.19$42.5021.5%6.2%11.6%19.7%21.4%3.4%-0.1%148.5M-3.51B-85.0M0.671.53N/AN/A781,940523,9047,630,5085,722,140
2019-03-08$43.20$42.5021.5%6.0%9.3%19.7%21.9%3.5%-0.1%92.8M-3.54B-85.7M1.033.77N/AN/A736,584759,5887,721,5725,764,448
2019-03-11$44.77$42.5020.0%6.7%15.4%14.5%23.1%2.8%-0.2%385.6M-8.41B-85.8M0.441.82N/AN/A1,477,688644,6047,364,0205,675,812
2019-03-12$45.18$42.5020.2%6.8%15.4%15.3%23.6%2.1%-0.2%507.7M-10.13B-87.0M0.431.15N/AN/A1,805,680782,3927,668,4205,821,748
2019-03-13$45.59$42.5019.4%6.7%15.5%12.4%23.2%2.1%0.2%510.4M-11.28B-86.6M0.422.06N/AN/A1,257,268525,7167,834,0685,995,852
2019-03-14$45.98$42.5019.3%6.7%15.6%12.1%23.3%1.9%-0.3%578.2M-12.58B-88.6M0.501.38N/AN/A1,114,616556,8367,981,5806,108,688
2019-03-15$46.68$43.7519.7%6.7%16.0%13.3%23.2%1.8%-0.1%369.1M-14.86B-87.6M0.521.51N/AN/A1,833,488956,4488,050,2606,207,352
2019-03-18$47.03$45.0020.5%6.9%15.8%16.1%24.4%1.7%0.2%384.3M-11.67B-88.1M0.542.06N/AN/A1,168,036630,9806,900,5845,162,588
2019-03-19$46.53$45.0021.1%7.1%16.8%18.4%24.4%1.9%0.2%344.8M-10.16B-90.2M0.502.05N/AN/A1,197,672595,0487,172,9205,350,792
2019-03-20$47.12$45.0021.3%7.0%17.0%19.1%24.6%2.0%-0.0%458.6M-11.88B-89.8M0.701.74N/AN/A1,238,612867,3567,356,9845,470,416
2019-03-21$49.03$45.0023.4%7.5%20.6%26.2%26.7%0.6%-0.4%519.8M-17.78B-89.7M0.521.76N/AN/A3,569,3041,856,5207,525,7365,719,348
2019-03-22$47.84$46.2524.8%7.8%23.4%31.0%27.4%1.0%-0.5%288.8M-12.99B-94.1M0.512.09N/AN/A2,914,7801,491,8167,939,6086,157,516
2019-03-25$47.17$46.2524.0%7.6%24.2%28.5%27.0%2.0%4.4%249.9M-10.06B-94.0M0.742.16N/AN/A1,847,4961,366,9167,805,7805,965,772
2019-03-26$46.42$46.2524.0%7.9%25.2%28.5%28.0%2.2%4.8%160.2M-7.50B-94.0M0.852.51N/AN/A1,981,7961,675,3808,160,5726,212,868
2019-03-27$47.16$46.2523.0%7.6%25.6%24.7%26.7%2.3%5.3%244.6M-9.78B-96.6M0.841.94N/AN/A1,233,0081,032,4208,413,1366,508,496
2019-03-28$47.18$46.2523.3%7.5%25.4%26.0%26.7%2.2%5.5%251.3M-9.98B-94.9M0.731.50N/AN/A897,380654,8888,519,4086,608,008
2019-03-29$47.43$46.2523.4%7.4%25.4%26.2%26.4%2.2%5.7%442.2M-10.84B-94.5M0.782.06N/AN/A937,928729,3368,626,3166,646,224