AAPL Options History — August 2020

In August 2020, AAPL traded between $109.35 and $130.06. ATM implied volatility averaged 40.0%, placing in the 31.9% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded below realized volatility by 2.7% (HV 20d: 42.7%). Max pain ranged from $85.00 to $200.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.43.

Notable Days

  • 2020-08-21: Highest Volume — 10,826,304 contracts
  • 2020-08-21: Largest IV spike — 22.5% change
  • 2020-08-27: Highest IV Rank — 50.7%
  • 2020-08-27: Largest Expected Move — 14.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$117.42$109.35$130.06$109.35$130.06
Max Pain$103.87$85.00$200.00$93.75$200.00
ATM IV40.0%33.3%53.1%37.8%51.0%
Expected Move11.3%9.0%14.7%10.7%14.2%
HV 20d42.7%29.1%46.9%42.1%29.1%
HV 60d32.5%31.3%33.7%31.6%33.6%
IV Rank31.9%22.4%50.7%28.8%47.8%
IV Percentile80.1%65.5%92.1%81.0%90.5%
Term Structure-0.3%-1.7%0.6%-0.8%0.2%
VWIV40.9%33.1%53.1%38.8%50.9%
Skew 25d-1.5%-5.9%1.3%-1.7%-4.0%
Skew 10d-4.0%-13.2%2.1%-2.0%-10.5%
Call IV 25d42.2%34.1%57.0%40.1%55.1%
Put IV 25d40.7%34.7%53.6%38.3%51.0%
Bid-Ask Spread %4.152.365.992.362.67
Gamma HHI0.090.070.140.070.07
Net GEX991.7M-35.3M1.57B782.2M-35.3M
Net DEX-45.38B-63.83B2.64B-45.44B2.64B
Net VEX-143.0M-187.9M-9.8M-109.2M-9.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.220.590.440.31
Total Volume4,496,616.2382,215,58010,826,3045,532,7443,034,497
Total OI12,568,667.476389,52115,782,92010,965,192389,521

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-08-03$109.35$93.7537.8%10.7%42.1%28.8%38.8%-1.7%-0.8%782.2M-45.44B-109.2M0.442.36N/AN/A3,849,6361,683,1085,985,1644,980,028
2020-08-04$109.36$95.0036.2%9.9%42.2%26.5%36.1%-1.1%-0.6%794.1M-43.78B-122.4M0.452.86N/AN/A2,288,5161,028,7326,583,1885,390,512
2020-08-05$110.01$96.2533.4%9.0%42.1%22.6%33.1%0.5%-0.5%918.8M-45.09B-123.8M0.463.48N/AN/A1,740,864798,3686,859,7645,611,356
2020-08-06$113.66$85.0034.9%9.8%43.1%24.7%35.2%-2.2%-0.4%1.31B-53.14B-118.7M0.224.78N/AN/A7,561,1121,638,7726,996,9285,738,684
2020-08-07$111.41$93.7536.2%10.2%44.2%26.5%36.8%-0.3%-0.2%341.3M-34.45B-133.8M0.594.52N/AN/A3,371,5402,004,1806,241,5605,924,240
2020-08-10$112.69$95.0038.1%10.8%44.2%29.3%38.7%-0.8%-0.3%742.5M-37.10B-136.5M0.343.66N/AN/A3,140,2721,061,7526,025,8845,451,848
2020-08-11$109.53$97.5038.1%10.8%46.1%29.2%38.3%1.3%-0.4%545.4M-30.87B-141.9M0.535.17N/AN/A1,955,3961,042,2686,507,6365,670,064
2020-08-12$112.98$98.7535.0%10.0%46.9%24.9%36.0%-0.3%0.0%992.0M-38.49B-140.1M0.493.91N/AN/A2,394,1801,168,6526,738,5125,848,324
2020-08-13$115.20$98.7535.5%10.3%46.5%25.5%37.3%-0.5%0.4%1.28B-43.17B-142.2M0.414.32N/AN/A3,829,4441,559,7526,852,2966,010,424
2020-08-14$114.47$100.0035.5%10.3%46.7%25.5%37.4%-0.1%0.4%1.02B-42.08B-150.6M0.563.75N/AN/A2,986,0201,682,0647,374,1806,189,984
2020-08-17$114.94$100.0035.6%10.2%46.7%25.6%37.0%0.1%0.2%1.04B-43.16B-156.8M0.444.63N/AN/A1,539,780675,8007,057,6525,755,108
2020-08-18$115.62$100.0033.7%9.7%46.3%22.9%35.4%-0.3%0.4%1.21B-45.19B-155.7M0.534.08N/AN/A1,523,944807,5567,345,1245,882,896
2020-08-19$116.06$100.0033.3%9.6%46.1%22.4%34.5%0.8%0.6%1.27B-45.80B-156.2M0.434.81N/AN/A2,461,4081,065,1567,475,5806,072,428
2020-08-20$118.28$100.0034.6%9.9%41.4%24.3%35.9%-0.2%0.4%1.57B-51.24B-157.1M0.384.36N/AN/A2,466,884949,6167,687,2246,235,024
2020-08-21$123.96$100.0042.4%12.2%42.8%35.5%43.9%-3.0%-0.3%1.43B-63.83B-156.8M0.345.04N/AN/A8,051,8962,774,4087,837,8766,334,952
2020-08-24$125.94$103.7548.9%14.3%42.7%44.7%52.3%-5.9%-1.1%992.8M-58.85B-166.9M0.374.73N/AN/A4,779,4561,775,1687,320,3125,626,944
2020-08-25$124.80$105.0045.3%13.1%42.5%39.6%47.4%-3.6%-0.8%1.05B-56.25B-171.9M0.454.31N/AN/A2,482,8481,125,7808,008,2486,052,832
2020-08-26$126.06$106.2552.2%14.4%42.6%49.5%51.6%-3.5%-1.7%1.16B-59.63B-177.8M0.373.24N/AN/A2,689,724999,7888,422,9286,388,716
2020-08-27$125.22$106.2553.1%14.7%43.2%50.7%53.1%-3.4%-1.3%1.06B-57.26B-187.9M0.434.54N/AN/A2,867,0201,222,8608,717,7166,567,440
2020-08-28$126.25$106.2548.7%13.4%29.4%44.4%49.1%-2.4%-0.0%1.35B-60.84B-187.0M0.455.99N/AN/A2,990,4761,360,2488,986,9006,796,020
2020-08-31$130.06$200.0051.0%14.2%29.1%47.8%50.9%-4.0%0.2%-35.3M2.64B-9.8M0.312.67N/AN/A2,309,857724,64060,246329,275