AAPL Options History — May 2021

In May 2021, AAPL traded between $122.94 and $132.72. ATM implied volatility averaged 24.8%, placing in the 6.3% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded below realized volatility by 0.4% (HV 20d: 25.2%). Max pain ranged from $125.00 to $130.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.52.

Notable Days

  • 2021-05-04: Highest Volume — 1,725,015 contracts
  • 2021-05-04: Largest IV spike — 17.6% change
  • 2021-05-12: Highest IV Rank — 23.4%
  • 2021-05-12: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$126.89$122.94$132.72$132.72$125.05
Max Pain$129.75$125.00$130.00$130.00$130.00
ATM IV24.8%21.0%31.5%22.6%21.0%
Expected Move7.2%5.9%9.0%6.4%5.9%
HV 20d25.2%19.8%27.3%19.8%26.7%
HV 60d26.6%24.8%27.5%24.8%25.6%
IV Rank6.3%0.0%23.4%0.0%0.0%
IV Percentile4.2%0.0%28.2%0.0%0.0%
Term Structure0.4%-0.2%1.3%0.5%0.4%
VWIV25.7%21.3%32.0%23.0%21.3%
Skew 25d4.0%1.7%6.9%1.7%2.4%
Skew 10d9.5%5.1%17.6%5.2%5.1%
Call IV 25d23.6%20.4%29.3%22.3%20.4%
Put IV 25d27.6%22.8%36.2%24.0%22.8%
Bid-Ask Spread %1.240.911.781.631.27
Gamma HHI0.070.050.250.080.09
Net GEX320.9M29.4M1.00B598.0M44.0M
Net DEX-8.59B-18.78B-2.40B-18.78B-5.75B
Net VEX-179.4M-184.0M-174.5M-181.1M-174.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.520.340.680.410.63
Total Volume1,001,036.25509,6601,725,015950,535990,347
Total OI9,359,436.58,934,6749,761,7098,993,0739,590,119

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$132.72$130.0022.6%6.4%19.8%0.0%23.0%1.7%0.5%598.0M-18.78B-181.1M0.411.63N/AN/A675,566274,9695,200,2243,792,849
2021-05-04$127.26$130.0026.6%7.9%25.3%10.4%27.9%3.5%0.1%186.0M-9.84B-176.7M0.461.59N/AN/A1,178,836546,1795,298,8313,828,263
2021-05-05$128.50$130.0025.0%7.3%25.3%6.2%26.3%3.2%0.2%396.0M-11.91B-179.8M0.531.42N/AN/A711,989373,7735,491,7873,960,727
2021-05-06$129.28$125.0024.7%7.2%24.3%5.5%26.8%3.2%0.4%475.0M-13.10B-180.2M0.451.32N/AN/A880,979399,5825,541,0594,025,362
2021-05-07$130.32$130.0022.9%6.8%23.6%0.8%24.7%3.0%0.7%1.00B-13.47B-180.0M0.491.36N/AN/A896,888442,6375,433,6264,062,925
2021-05-10$127.49$130.0025.3%7.5%24.7%7.1%26.7%3.6%0.7%215.4M-8.22B-177.7M0.681.33N/AN/A553,648376,7585,014,3093,920,365
2021-05-11$125.67$130.0027.1%7.9%23.2%11.8%28.4%4.3%0.3%148.4M-5.93B-179.3M0.581.06N/AN/A705,908407,7265,145,0963,997,439
2021-05-12$122.94$130.0031.5%9.0%23.6%23.4%32.0%6.9%-0.1%29.4M-2.40B-179.6M0.571.78N/AN/A723,674409,2495,245,3974,085,036
2021-05-13$125.65$130.0028.3%8.2%24.4%14.9%28.4%6.3%0.4%258.4M-6.01B-182.8M0.471.21N/AN/A914,398427,5285,362,0604,156,810
2021-05-14$127.31$130.0025.3%7.5%25.1%7.1%26.3%4.9%1.3%433.3M-9.19B-184.0M0.641.10N/AN/A705,566453,7475,472,4834,211,227
2021-05-17$125.67$130.0026.3%7.6%25.2%9.7%27.5%5.0%-0.1%161.9M-6.26B-180.0M0.621.02N/AN/A396,815246,4125,187,0004,067,054
2021-05-18$125.65$130.0025.5%7.3%25.1%7.6%25.6%5.1%-0.2%202.2M-6.24B-179.7M0.581.15N/AN/A323,113186,5475,290,2104,110,724
2021-05-19$124.06$130.0027.4%7.8%25.1%12.4%27.8%5.6%0.5%65.2M-4.27B-177.9M0.611.26N/AN/A484,149294,2675,353,4034,139,724
2021-05-20$127.52$130.0023.5%6.7%27.3%2.4%24.8%4.8%1.2%482.4M-9.78B-183.4M0.540.91N/AN/A667,195358,3285,437,6214,186,202
2021-05-21$125.67$130.0024.6%7.1%26.5%5.1%24.6%3.8%-0.1%104.8M-6.64B-179.7M0.461.09N/AN/A751,864345,1495,538,9204,222,789
2021-05-24$127.52$130.0022.3%6.3%27.3%0.0%23.1%3.9%0.4%479.0M-9.92B-179.0M0.470.99N/AN/A488,742231,2425,083,2183,905,326
2021-05-25$126.85$130.0022.6%6.4%27.3%0.6%23.0%3.9%0.4%403.1M-8.55B-178.5M0.481.10N/AN/A436,589210,6875,185,0033,975,601
2021-05-26$126.73$130.0022.0%6.2%27.3%0.0%22.3%2.9%0.4%437.4M-8.37B-178.5M0.341.14N/AN/A497,298170,7945,246,5934,011,058
2021-05-27$125.85$130.0022.1%6.3%27.3%0.2%22.7%2.5%0.4%293.0M-7.19B-175.5M0.411.06N/AN/A623,335258,2525,375,0694,037,221
2021-05-28$125.05$130.0021.0%5.9%26.7%0.0%21.3%2.4%0.4%44.0M-5.75B-174.5M0.631.27N/AN/A609,025381,3225,503,5874,086,532