AAPL Options History — July 2020

In July 2020, AAPL traded between $91.34 and $105.81. ATM implied volatility averaged 36.0%, placing in the 26.3% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded above realized volatility by 12.3% (HV 20d: 23.7%). Max pain ranged from $80.00 to $92.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.54.

Notable Days

  • 2020-07-31: Highest Volume — 9,255,980 contracts
  • 2020-07-23: Largest IV spike — 10.4% change
  • 2020-07-16: Highest IV Rank — 35.1%
  • 2020-07-16: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$95.61$91.34$105.81$91.34$105.81
Max Pain$89.43$80.00$92.50$80.00$92.50
ATM IV36.0%31.9%42.2%34.6%33.1%
Expected Move10.0%7.1%11.7%8.2%9.4%
HV 20d23.7%16.0%41.4%30.7%41.4%
HV 60d24.9%22.6%31.1%26.7%31.1%
IV Rank26.3%20.4%35.1%24.3%22.0%
IV Percentile77.8%66.3%85.3%80.2%69.0%
Term Structure-0.9%-2.0%0.3%0.1%0.3%
VWIV35.6%25.5%41.6%30.1%34.4%
Skew 25d3.9%-0.2%5.3%5.3%-0.2%
Skew 10d6.6%-0.9%9.8%9.8%-0.9%
Call IV 25d34.7%29.8%41.0%32.4%34.3%
Put IV 25d38.6%34.1%45.5%37.6%34.1%
Bid-Ask Spread %6.562.5412.472.885.64
Gamma HHI0.080.050.110.090.11
Net GEX531.9M12.6M834.7M681.5M834.7M
Net DEX-27.35B-47.08B-16.74B-24.76B-47.08B
Net VEX-105.9M-114.8M-94.1M-100.4M-103.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.400.720.720.44
Total Volume2,945,693.0911,206,6209,255,9802,070,2289,255,980
Total OI10,758,616.9099,559,67212,230,02410,635,51611,427,100

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$91.34$80.0034.6%8.2%30.7%24.3%30.1%5.3%0.1%681.5M-24.76B-100.4M0.722.88N/AN/A1,206,788863,4405,573,1925,062,324
2020-07-02$91.53$81.2531.9%7.1%30.1%20.4%25.5%4.8%-0.1%726.7M-25.23B-97.5M0.552.54N/AN/A1,834,8201,008,6005,606,0085,183,580
2020-07-06$93.45$88.7532.1%8.8%29.5%20.7%31.8%4.6%-1.0%564.7M-27.56B-94.1M0.497.06N/AN/A1,783,956875,8125,116,0084,832,372
2020-07-07$93.74$88.7534.2%9.3%29.5%23.6%33.3%4.8%-0.6%598.1M-27.76B-96.0M0.476.99N/AN/A1,492,700707,8565,386,1044,994,904
2020-07-08$95.04$88.7535.7%9.7%27.6%25.8%34.6%3.7%-1.3%700.6M-30.06B-98.8M0.467.18N/AN/A1,809,860833,2085,549,4485,111,960
2020-07-09$95.53$88.7537.6%10.3%26.6%28.5%36.0%4.6%-1.2%702.4M-30.60B-101.0M0.648.84N/AN/A1,729,4921,109,5765,696,0125,238,072
2020-07-10$95.84$88.7537.4%10.1%19.4%28.2%36.1%4.5%-1.5%720.4M-31.79B-99.7M0.637.37N/AN/A1,366,208854,7365,877,1965,330,784
2020-07-13$96.24$88.7540.6%11.2%19.4%32.9%39.7%2.9%-1.3%506.9M-30.36B-101.7M0.4412.47N/AN/A3,546,7321,554,8445,455,0724,985,700
2020-07-14$96.73$90.0041.8%11.5%19.4%34.5%41.0%3.5%-1.3%463.0M-30.02B-105.9M0.518.84N/AN/A2,123,2201,079,2925,952,9885,298,648
2020-07-15$97.76$90.0042.0%11.5%18.3%34.9%41.0%3.8%-2.0%613.0M-32.59B-107.1M0.418.85N/AN/A2,569,7081,061,8326,206,3165,433,528
2020-07-16$96.63$90.0042.2%11.7%19.3%35.1%41.6%4.4%-1.7%447.6M-29.97B-111.5M0.447.12N/AN/A1,761,956770,1726,453,1965,576,748
2020-07-17$96.59$90.0038.1%10.7%19.1%29.2%37.7%4.0%-1.2%500.4M-30.15B-109.2M0.569.74N/AN/A1,468,028824,5446,629,3805,600,644
2020-07-20$98.18$90.0035.8%10.1%19.0%25.9%36.4%3.9%-0.6%580.8M-27.35B-106.4M0.404.97N/AN/A1,428,152569,8165,251,3564,308,316
2020-07-21$97.36$90.0036.2%10.3%17.8%26.5%36.7%4.0%-1.2%562.3M-26.10B-106.9M0.524.58N/AN/A1,348,348696,5765,480,5244,443,160
2020-07-22$97.14$90.6334.6%9.9%16.0%24.2%35.2%3.5%-0.9%585.0M-25.92B-107.6M0.556.66N/AN/A949,908524,2045,674,8764,571,376
2020-07-23$92.79$91.2538.2%11.0%22.6%29.4%38.4%4.3%-1.3%119.0M-17.14B-114.8M0.717.74N/AN/A2,731,7561,942,3085,750,8604,653,924
2020-07-24$92.53$91.2534.9%10.1%22.6%24.6%35.7%3.9%-0.9%12.6M-16.74B-113.4M0.696.09N/AN/A2,704,7481,861,1006,146,2804,949,628
2020-07-27$94.67$91.2533.5%9.9%23.0%22.7%34.7%3.9%-0.6%393.0M-22.18B-112.7M0.525.34N/AN/A1,111,948574,8325,449,5124,669,124
2020-07-28$93.63$91.8833.1%9.8%23.3%22.1%34.3%4.2%-0.4%367.6M-20.32B-113.9M0.664.86N/AN/A728,120478,5005,648,7444,740,132
2020-07-29$95.03$92.5032.5%9.7%23.6%21.2%34.1%3.7%-0.8%462.0M-23.12B-113.5M0.574.83N/AN/A882,136506,0765,749,4964,824,760
2020-07-30$95.94$92.5032.5%9.6%23.8%21.2%34.4%4.1%-0.6%560.0M-24.96B-114.3M0.603.80N/AN/A1,423,160850,2005,865,8164,934,404
2020-07-31$105.81$92.5033.1%9.4%41.4%22.0%34.4%-0.2%0.3%834.7M-47.08B-103.8M0.445.64N/AN/A6,427,8562,828,1246,261,8285,165,272