AAPL Options History — May 2019

In May 2019, AAPL traded between $43.86 and $53.10. ATM implied volatility averaged 26.7%, placing in the 37.9% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded below realized volatility by 7.0% (HV 20d: 33.7%). Max pain ranged from $46.25 to $50.00. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.92.

Notable Days

  • 2019-05-01: Highest Volume — 5,474,204 contracts
  • 2019-05-13: Largest IV spike — 28.5% change
  • 2019-05-13: Highest IV Rank — 57.2%
  • 2019-05-23: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.85$43.86$53.10$53.10$43.86
Max Pain$46.73$46.25$50.00$49.38$46.25
ATM IV26.7%18.2%32.3%18.9%30.4%
Expected Move7.6%5.2%9.2%5.6%8.7%
HV 20d33.7%23.5%39.9%23.5%32.3%
HV 60d25.8%21.1%29.0%21.1%29.0%
IV Rank37.9%8.2%57.2%10.5%50.7%
IV Percentile59.9%18.3%82.1%20.6%75.8%
Term Structure-0.2%-0.9%0.5%-0.1%0.4%
VWIV27.0%18.4%31.7%20.3%30.5%
Skew 25d4.8%1.9%6.8%2.0%6.5%
Skew 10d9.5%3.8%14.0%3.8%13.8%
Call IV 25d24.7%17.5%29.4%18.1%27.4%
Put IV 25d29.5%19.4%35.6%20.2%33.9%
Bid-Ask Spread %2.091.302.902.312.90
Gamma HHI0.070.050.160.110.16
Net GEX29.9M-282.8M576.7M576.7M-282.8M
Net DEX-3.95B-18.97B3.92B-18.97B3.92B
Net VEX-92.3M-96.7M-79.3M-79.3M-90.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.920.551.280.871.28
Total Volume2,349,168.7271,410,6685,474,2045,474,2041,909,944
Total OI14,968,795.27313,992,58415,967,56014,429,36815,484,748

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$53.10$49.3818.9%5.6%23.5%10.5%20.3%2.0%-0.1%576.7M-18.97B-79.3M0.872.31N/AN/A2,922,1682,552,0367,579,2326,850,136
2019-05-02$52.22$50.0020.1%6.0%24.7%14.9%21.1%2.4%0.1%295.0M-14.75B-87.0M0.552.46N/AN/A1,713,012939,9807,810,7487,235,160
2019-05-03$52.88$50.0018.2%5.2%24.9%8.2%18.4%1.9%0.4%480.7M-17.30B-85.8M0.581.87N/AN/A1,033,008597,1407,989,2407,337,680
2019-05-06$52.12$46.2521.2%5.9%25.7%18.5%21.4%2.7%0.0%268.3M-13.86B-88.3M0.781.31N/AN/A1,015,268788,3567,514,2886,657,936
2019-05-07$50.47$46.2526.5%7.4%28.1%37.1%25.8%4.7%-0.7%74.6M-8.56B-94.5M0.712.19N/AN/A1,522,0481,081,5967,681,3726,810,068
2019-05-08$51.03$46.2524.8%6.9%28.3%31.1%24.7%4.4%-0.4%204.4M-10.61B-93.5M0.671.59N/AN/A843,640567,0287,965,3886,926,908
2019-05-09$50.10$46.2527.5%7.5%29.1%40.5%27.2%4.8%-0.9%82.9M-7.46B-96.7M0.562.06N/AN/A2,327,0081,294,5928,051,6847,036,756
2019-05-10$49.26$46.2525.1%7.1%29.6%32.3%25.0%4.0%-0.6%-1.1M-4.77B-93.2M0.872.44N/AN/A1,794,5201,558,7888,077,7927,191,264
2019-05-13$46.30$46.2532.3%8.9%36.8%57.2%31.1%6.0%-0.9%-112.5M1.61B-91.9M0.791.87N/AN/A1,828,3361,452,6367,490,0686,762,668
2019-05-14$47.23$46.2527.2%7.7%37.7%39.3%29.1%4.9%-0.1%-86.7M-723.3M-93.8M1.191.69N/AN/A1,194,8321,422,8207,993,1287,194,068
2019-05-15$47.84$46.2524.3%7.1%38.0%29.5%24.9%4.2%0.5%-1.3M-3.27B-94.2M1.141.46N/AN/A819,480937,2208,250,4727,258,884
2019-05-16$47.50$46.2525.6%7.3%37.3%33.8%26.5%4.0%-0.1%-3.1M-2.75B-94.5M0.861.56N/AN/A1,223,6241,048,0528,365,7527,253,516
2019-05-17$47.25$46.2527.6%7.8%37.2%41.0%27.7%4.9%-0.5%-10.2M-1.77B-95.6M1.102.10N/AN/A1,270,3081,392,2688,522,3447,445,216
2019-05-20$45.73$46.2530.7%8.7%38.5%51.5%30.7%5.4%-0.1%-73.0M756.1M-94.1M1.051.54N/AN/A1,098,2841,155,9847,394,9326,597,652
2019-05-21$46.76$46.2527.5%7.9%39.3%40.4%27.8%5.1%0.3%3.8M-2.02B-96.4M0.971.30N/AN/A764,664745,4887,621,5326,818,724
2019-05-22$45.79$46.2530.6%8.8%39.5%51.3%31.1%6.2%-0.0%-90.2M829.5M-96.4M1.142.23N/AN/A968,6801,100,8407,767,1326,978,920
2019-05-23$44.86$46.2532.0%9.2%39.8%56.0%31.7%6.8%-0.5%-165.7M2.91B-94.8M1.032.53N/AN/A1,186,4201,225,0847,979,0487,178,108
2019-05-24$44.75$46.2529.4%8.4%39.9%47.1%29.5%6.1%0.1%-151.9M3.06B-93.7M0.952.58N/AN/A964,456911,4648,141,7047,364,488
2019-05-28$44.73$46.2529.4%8.4%39.8%47.0%30.1%6.2%-0.3%-108.8M2.10B-92.1M0.902.70N/AN/A766,068688,8207,625,6766,975,068
2019-05-29$44.37$46.2529.2%8.4%39.5%46.4%28.7%5.8%-0.4%-138.0M2.76B-90.9M1.132.63N/AN/A753,692849,6447,836,5847,112,872
2019-05-30$44.53$46.2530.1%8.6%32.3%49.6%30.5%6.7%0.1%-102.7M1.93B-93.3M1.072.57N/AN/A700,220752,1968,039,1167,145,424
2019-05-31$43.86$46.2530.4%8.7%32.3%50.7%30.5%6.5%0.4%-282.8M3.92B-90.3M1.282.90N/AN/A839,3241,070,6208,142,8127,341,936