AAPL Options History — April 2019

In April 2019, AAPL traded between $47.78 and $51.95. ATM implied volatility averaged 28.0%, placing in the 42.1% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 8.5% (HV 20d: 19.5%). Max pain ranged from $46.25 to $50.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.64.

Notable Days

  • 2019-04-09: Highest Volume — 3,389,932 contracts
  • 2019-04-30: Largest IV spike — 7.0% change
  • 2019-04-10: Highest IV Rank — 50.1%
  • 2019-04-30: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.15$47.78$51.95$47.78$50.21
Max Pain$47.86$46.25$50.00$46.25$50.00
ATM IV28.0%26.7%30.3%26.8%29.0%
Expected Move8.1%7.4%10.1%7.6%10.1%
HV 20d19.5%10.7%25.7%25.4%14.5%
HV 60d22.8%18.1%25.0%25.0%18.7%
IV Rank42.1%37.9%50.1%38.1%45.9%
IV Percentile65.1%60.3%75.0%61.5%69.8%
Term Structure-1.3%-1.7%-0.6%-0.9%-1.4%
VWIV28.8%26.4%35.0%26.4%35.0%
Skew 25d3.1%2.7%3.8%3.3%3.7%
Skew 10d5.8%4.9%7.2%6.4%7.0%
Call IV 25d26.7%25.3%28.7%26.7%26.7%
Put IV 25d29.8%28.3%32.4%30.0%30.4%
Bid-Ask Spread %1.641.172.671.822.67
Gamma HHI0.110.060.220.080.06
Net GEX360.6M117.3M645.0M327.6M117.3M
Net DEX-15.35B-19.48B-9.58B-11.93B-9.58B
Net VEX-87.6M-92.0M-83.0M-91.7M-88.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.530.950.570.95
Total Volume1,827,278.286955,6443,389,9321,521,0283,360,020
Total OI14,387,559.8112,604,24015,812,58014,212,08813,390,056

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$47.78$46.2526.8%7.6%25.4%38.1%26.4%3.3%-0.9%327.6M-11.93B-91.7M0.571.82N/AN/A971,424549,6047,965,2406,246,848
2019-04-02$48.58$46.2527.0%7.4%25.7%38.8%26.5%2.8%-0.9%466.4M-14.78B-90.3M0.631.93N/AN/A1,051,304658,0608,097,4006,355,592
2019-04-03$48.80$46.2527.8%7.5%25.4%41.6%27.2%2.8%-0.6%492.7M-15.28B-90.0M0.581.84N/AN/A1,410,392821,9208,193,2726,474,780
2019-04-04$48.90$46.2528.1%7.5%24.7%42.8%27.1%3.0%-0.8%490.7M-15.33B-90.4M0.641.76N/AN/A941,712603,4048,239,2606,593,940
2019-04-05$49.23$47.5027.9%7.6%24.5%42.1%26.7%2.9%-1.1%645.0M-16.45B-89.4M0.571.87N/AN/A1,018,916585,2008,305,1686,700,636
2019-04-08$49.98$47.5028.8%7.8%22.3%45.1%28.1%3.1%-1.4%416.1M-17.66B-86.6M0.571.74N/AN/A1,337,576760,9967,939,8166,445,648
2019-04-09$49.98$47.5030.2%8.2%22.3%50.0%29.2%3.4%-1.5%397.4M-17.31B-89.0M0.591.40N/AN/A2,130,9121,259,0208,080,3966,740,532
2019-04-10$50.16$47.5030.3%8.2%22.3%50.1%29.9%3.6%-1.7%411.6M-17.40B-91.4M0.711.79N/AN/A1,097,232778,3728,356,4487,073,740
2019-04-11$49.72$47.5029.8%8.1%22.7%48.5%28.8%3.8%-1.7%294.4M-15.72B-92.0M0.581.33N/AN/A1,044,896608,7528,423,0567,213,844
2019-04-12$49.74$47.5028.8%7.9%22.4%45.1%28.1%3.5%-1.7%277.8M-15.96B-88.8M0.651.38N/AN/A1,292,848841,1568,522,5487,290,032
2019-04-15$49.77$47.5027.8%7.8%22.3%41.4%28.0%3.3%-1.2%311.8M-15.98B-86.5M0.671.17N/AN/A573,604382,0408,077,3926,965,264
2019-04-16$49.89$47.5027.7%7.9%21.7%41.3%28.3%3.0%-1.5%335.3M-16.37B-86.2M0.551.21N/AN/A1,023,980564,2568,158,0967,046,112
2019-04-17$50.80$47.5027.6%7.9%22.1%41.0%28.0%2.7%-1.2%561.9M-19.31B-86.2M0.581.26N/AN/A1,502,256868,7608,340,9847,125,596
2019-04-18$50.96$48.7526.7%7.7%17.5%37.9%27.4%2.9%-1.5%297.4M-19.48B-86.2M0.691.68N/AN/A1,070,460737,1528,470,0447,294,664
2019-04-22$51.17$48.7527.0%8.1%14.4%38.7%29.2%3.0%-1.1%311.0M-13.64B-84.3M0.531.75N/AN/A886,080467,0166,704,0365,900,204
2019-04-23$51.78$48.7526.8%8.2%13.2%38.2%29.3%3.0%-1.3%368.0M-15.35B-83.0M0.631.53N/AN/A1,009,784638,8726,847,2526,036,540
2019-04-24$51.95$48.7527.3%8.4%10.7%39.8%29.5%2.8%-1.5%358.6M-15.41B-84.1M0.541.65N/AN/A817,596437,5246,939,8286,177,320
2019-04-25$51.41$48.7527.5%8.6%11.5%40.6%30.1%3.3%-1.6%266.1M-13.65B-86.0M0.601.56N/AN/A692,016411,9567,030,5246,233,836
2019-04-26$51.12$48.7526.7%8.4%11.9%37.9%29.9%3.3%-1.6%233.9M-12.85B-84.3M0.681.88N/AN/A924,144629,7167,067,9726,292,908
2019-04-29$51.22$50.0027.2%9.1%11.9%39.3%32.3%2.9%-1.1%190.8M-12.91B-84.3M0.911.27N/AN/A843,296768,6206,747,1966,034,736
2019-04-30$50.21$50.0029.0%10.1%14.5%45.9%35.0%3.7%-1.4%117.3M-9.58B-88.6M0.952.67N/AN/A1,720,8121,639,2087,074,6406,315,416