AAPL Options History — July 2019

In July 2019, AAPL traded between $49.98 and $53.65. ATM implied volatility averaged 26.1%, placing in the 35.6% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 8.4% (HV 20d: 17.6%). Max pain ranged from $47.50 to $50.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.86.

Notable Days

  • 2019-07-31: Highest Volume — 5,301,464 contracts
  • 2019-07-31: Largest IV drop — 18.4% change
  • 2019-07-09: Highest IV Rank — 46.3%
  • 2019-07-30: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.34$49.98$53.65$50.41$53.65
Max Pain$49.60$47.50$50.00$47.50$50.00
ATM IV26.1%21.3%29.2%26.3%21.3%
Expected Move7.3%5.2%8.8%6.2%6.3%
HV 20d17.6%14.3%21.5%21.5%17.0%
HV 60d28.2%25.9%28.8%28.5%26.3%
IV Rank35.6%19.2%46.3%36.3%19.2%
IV Percentile48.3%19.4%66.7%50.0%19.4%
Term Structure-1.0%-2.0%-0.4%-0.4%-0.4%
VWIV26.4%18.9%32.5%22.1%23.2%
Skew 25d4.5%3.3%5.2%3.9%3.3%
Skew 10d8.8%6.5%11.0%7.2%6.5%
Call IV 25d24.1%20.2%26.3%25.8%20.2%
Put IV 25d28.6%23.5%31.3%29.7%23.5%
Bid-Ask Spread %2.011.332.931.491.92
Gamma HHI0.110.080.300.090.11
Net GEX407.1M76.0M795.7M372.4M621.3M
Net DEX-11.90B-15.71B-9.23B-11.39B-15.71B
Net VEX-82.7M-87.4M-76.7M-86.5M-76.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.860.611.240.700.96
Total Volume1,543,451.273656,0805,301,4641,755,3885,301,464
Total OI12,747,116.36410,956,21213,782,65612,753,80412,678,444

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$50.41$47.5026.3%6.2%21.5%36.3%22.1%3.9%-0.4%372.4M-11.39B-86.5M0.701.49N/AN/A1,029,664725,7246,623,9166,129,888
2019-07-02$50.62$47.5026.6%5.6%18.8%37.5%20.0%4.3%-0.6%431.4M-11.80B-85.9M0.941.33N/AN/A547,424516,0406,807,4086,307,460
2019-07-03$50.97$47.5026.4%5.2%18.5%36.8%18.9%4.3%-0.5%550.0M-12.78B-87.4M0.871.52N/AN/A351,248304,8326,874,2246,444,616
2019-07-05$51.12$48.7526.4%7.2%18.0%36.8%26.0%4.3%-0.6%795.7M-13.04B-86.1M0.742.17N/AN/A763,144563,1166,893,3446,481,684
2019-07-08$49.98$50.0029.0%7.9%18.7%45.6%29.3%5.0%-1.2%229.6M-9.23B-84.9M1.241.89N/AN/A921,8401,141,9086,609,4526,155,544
2019-07-09$50.27$50.0029.2%7.9%18.2%46.3%27.7%5.0%-1.4%293.8M-10.17B-84.3M0.682.60N/AN/A601,500409,5606,767,7526,340,944
2019-07-10$50.80$50.0027.3%7.3%18.2%39.8%25.5%5.0%-2.0%453.9M-11.93B-83.7M0.772.03N/AN/A730,352559,1646,858,7046,408,460
2019-07-11$50.63$50.0026.9%7.5%18.1%38.3%28.4%5.2%-0.6%373.6M-11.23B-83.4M1.042.20N/AN/A633,604658,6966,975,0846,506,252
2019-07-12$50.82$50.0025.9%7.0%18.1%34.8%26.3%5.1%-2.0%394.0M-11.91B-83.1M0.952.11N/AN/A655,492623,5046,996,7766,658,920
2019-07-15$51.27$50.0025.7%7.2%18.1%34.2%25.3%4.7%-0.9%430.5M-12.79B-82.6M0.611.68N/AN/A723,092438,4686,679,7246,426,224
2019-07-16$51.19$50.0025.4%7.2%18.1%33.4%26.1%4.4%-1.0%430.4M-12.42B-81.6M0.641.90N/AN/A807,536515,2966,819,9526,560,024
2019-07-17$50.99$50.0025.6%7.3%16.7%33.8%25.3%4.9%-1.0%377.1M-11.71B-81.0M0.612.93N/AN/A503,332308,3526,947,4046,678,300
2019-07-18$51.32$50.0025.3%7.3%16.8%33.0%25.8%4.8%-0.8%495.2M-12.95B-83.3M0.972.47N/AN/A695,496677,0886,978,5406,698,736
2019-07-19$50.78$50.0025.6%7.4%17.3%33.9%26.8%4.7%-0.4%76.0M-11.14B-82.5M0.781.94N/AN/A930,872723,6566,993,1966,789,460
2019-07-22$51.72$50.0025.9%7.7%18.4%34.9%27.1%4.4%-0.9%340.5M-10.82B-80.5M0.812.42N/AN/A735,396595,7885,814,7125,141,500
2019-07-23$52.20$50.0025.5%7.8%18.4%33.7%28.3%4.3%-0.9%424.4M-12.16B-80.9M0.931.80N/AN/A726,868677,5486,021,9525,338,072
2019-07-24$52.12$50.0025.9%8.0%17.2%35.0%27.8%4.3%-1.1%432.9M-11.98B-81.3M0.781.84N/AN/A565,524441,5246,146,0805,602,808
2019-07-25$51.81$50.0026.0%8.1%16.2%35.5%28.5%4.5%-1.0%364.8M-10.85B-82.2M0.732.15N/AN/A644,748472,6446,179,7645,685,236
2019-07-26$52.09$50.0025.4%7.9%16.2%33.1%28.0%4.4%-1.1%416.1M-11.77B-82.2M0.711.50N/AN/A820,844584,3086,250,7445,748,060
2019-07-29$52.55$50.0026.2%8.6%15.4%35.9%32.5%4.0%-1.0%356.5M-12.70B-78.9M1.162.07N/AN/A768,776895,3046,020,7245,504,196
2019-07-30$52.20$50.0026.2%8.8%14.3%35.8%32.2%4.3%-1.4%295.9M-11.31B-80.9M1.202.22N/AN/A1,211,9521,453,2406,144,3725,747,908
2019-07-31$53.65$50.0021.3%6.3%17.0%19.2%23.2%3.3%-0.4%621.3M-15.71B-76.7M0.961.92N/AN/A2,699,0162,602,4486,456,8926,221,552