AAPL Options History — November 2019

In November 2019, AAPL traded between $63.73 and $66.91. ATM implied volatility averaged 19.2%, placing in the 5.5% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 2.2% (HV 20d: 17.0%). Max pain ranged from $57.50 to $62.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.77.

Notable Days

  • 2019-11-06: Highest Volume — 4,730,084 contracts
  • 2019-11-20: Largest IV spike — 9.4% change
  • 2019-11-21: Highest IV Rank — 16.8%
  • 2019-11-21: Largest Expected Move — 6.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$65.60$63.73$66.91$63.73$66.91
Max Pain$60.81$57.50$62.50$57.50$62.50
ATM IV19.2%17.7%22.2%19.4%19.2%
Expected Move5.7%5.3%6.4%5.6%5.6%
HV 20d17.0%14.2%19.4%19.4%14.2%
HV 60d21.0%18.9%24.4%24.4%18.9%
IV Rank5.5%0.0%16.8%4.4%5.6%
IV Percentile5.3%0.0%19.0%2.0%5.2%
Term Structure0.3%-0.4%1.0%0.3%0.3%
VWIV20.5%19.2%22.9%20.7%20.3%
Skew 25d2.8%2.3%4.2%2.6%2.8%
Skew 10d5.7%4.7%8.4%5.2%5.6%
Call IV 25d18.4%16.8%20.8%18.5%18.3%
Put IV 25d21.3%19.1%25.0%21.2%21.1%
Bid-Ask Spread %2.111.345.051.831.54
Gamma HHI0.160.070.640.270.28
Net GEX703.3M127.7M1.99B1.13B1.03B
Net DEX-25.27B-29.23B-21.15B-29.23B-27.09B
Net VEX-68.9M-79.2M-64.3M-64.3M-74.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.171.030.820.57
Total Volume2,055,1941,010,4844,730,0844,305,3721,036,984
Total OI14,344,961.413,222,77215,446,49614,648,43215,446,496

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$63.73$57.5019.4%5.6%19.4%4.4%20.7%2.6%0.3%1.13B-29.23B-64.3M0.821.83N/AN/A2,360,6761,944,6967,478,5687,169,864
2019-11-04$64.33$57.5020.3%6.1%19.4%8.2%22.0%2.7%0.4%624.4M-27.44B-68.5M0.642.41N/AN/A1,379,176877,3286,965,3286,839,492
2019-11-05$64.39$57.5019.6%5.8%18.7%5.4%21.0%2.6%0.2%641.3M-28.03B-65.0M0.802.58N/AN/A797,464640,3527,148,7807,098,464
2019-11-06$64.18$58.7517.9%5.6%19.0%0.0%20.2%2.3%0.5%658.6M-27.24B-65.7M0.175.05N/AN/A4,059,556670,5287,233,7047,271,440
2019-11-07$64.64$58.7517.8%5.3%18.9%0.0%19.5%2.4%0.7%789.9M-23.40B-66.1M0.842.58N/AN/A1,261,4321,062,3526,490,2287,363,056
2019-11-08$64.96$58.7517.7%5.4%16.6%0.0%19.4%2.3%0.7%1.43B-23.99B-64.9M0.722.59N/AN/A991,436712,6126,570,4527,506,140
2019-11-11$65.45$60.0018.0%5.5%16.3%1.4%19.4%2.4%1.0%619.5M-24.60B-65.0M0.822.06N/AN/A956,824783,8046,291,1287,110,144
2019-11-12$65.43$61.2518.1%5.5%16.2%1.7%19.5%2.5%0.9%603.9M-24.29B-66.7M0.782.51N/AN/A824,840646,4046,542,0487,360,508
2019-11-13$66.14$61.2518.9%5.5%15.7%4.4%20.2%2.4%0.5%713.0M-26.28B-65.0M1.031.78N/AN/A1,255,1361,294,9326,646,2607,471,728
2019-11-14$65.71$61.2519.1%5.5%16.4%5.2%20.3%2.6%0.1%557.9M-24.77B-67.3M1.011.79N/AN/A1,022,6681,037,3366,811,1127,740,028
2019-11-15$66.25$61.2518.7%5.5%16.4%4.0%20.1%2.5%0.5%1.99B-26.56B-66.0M0.771.91N/AN/A1,398,4121,076,9526,928,5007,850,576
2019-11-18$66.72$62.5019.3%5.6%16.2%6.2%20.6%2.8%-0.1%468.7M-25.20B-65.7M0.791.68N/AN/A967,632761,2886,267,1806,955,592
2019-11-19$66.69$62.5019.8%5.7%16.1%8.0%21.3%3.1%-0.2%484.9M-24.94B-66.9M1.001.78N/AN/A795,716796,1926,526,4647,132,504
2019-11-20$65.70$62.5021.7%6.2%17.4%14.9%22.3%3.8%-0.3%259.9M-21.80B-72.2M0.861.73N/AN/A1,249,4881,075,8526,692,5927,401,736
2019-11-21$65.47$62.5022.2%6.4%17.5%16.8%22.9%4.2%-0.4%196.7M-21.15B-73.1M0.852.11N/AN/A1,153,440981,2966,863,5927,575,596
2019-11-22$65.32$62.5020.8%6.0%17.4%11.7%21.7%3.9%-0.2%127.7M-21.27B-79.2M0.761.66N/AN/A941,984714,9247,330,5968,061,508
2019-11-25$66.46$62.5019.6%5.7%17.9%7.2%20.4%3.2%0.3%475.7M-25.21B-73.9M0.781.34N/AN/A758,080594,0126,900,3447,663,416
2019-11-26$66.65$62.5018.4%5.3%15.3%2.8%19.2%3.0%0.4%585.1M-26.11B-74.5M0.671.69N/AN/A605,372405,1127,119,3247,879,920
2019-11-27$66.84$62.5018.2%5.3%15.2%2.1%19.7%2.8%0.3%676.8M-26.79B-73.1M0.731.50N/AN/A699,936511,6567,216,5687,978,252
2019-11-29$66.91$62.5019.2%5.6%14.2%5.6%20.3%2.8%0.3%1.03B-27.09B-74.0M0.571.54N/AN/A659,996376,9887,326,2848,120,212