AAPL Options History — November 2022

In November 2022, AAPL traded between $134.91 and $151.65. ATM implied volatility averaged 32.6%, placing in the 48.3% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded below realized volatility by 14.8% (HV 20d: 47.4%). Max pain ranged from $150.00 to $155.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 1.04.

Notable Days

2022-11-04: Highest Volume — 2,578,255 contracts
2022-11-10: Largest IV drop — 15.0% change
2022-11-09: Highest IV Rank — 70.4%
2022-11-09: Largest Expected Move — 11.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$145.80	$134.91	$151.65	$150.73	$147.50
Max Pain	$150.48	$150.00	$155.00	$150.00	$150.00
ATM IV	32.6%	29.4%	37.6%	32.7%	29.9%
Expected Move	9.6%	8.5%	11.0%	10.1%	9.3%
HV 20d	47.4%	41.3%	52.1%	41.3%	46.2%
HV 60d	39.7%	35.9%	42.4%	35.9%	42.4%
IV Rank	48.3%	32.6%	70.4%	52.5%	34.8%
IV Percentile	52.5%	31.0%	81.3%	57.1%	32.9%
Term Structure	0.0%	-1.1%	1.7%	-0.1%	0.2%
VWIV	33.8%	29.8%	39.9%	35.5%	31.7%
Skew 25d	5.8%	4.9%	6.3%	5.1%	5.8%
Skew 10d	11.6%	9.1%	14.0%	9.6%	11.1%
Call IV 25d	29.7%	26.0%	34.8%	30.0%	26.9%
Put IV 25d	35.5%	32.1%	40.8%	35.1%	32.7%
Bid-Ask Spread %	1.40	1.09	2.21	1.29	1.40
Gamma HHI	0.06	0.04	0.14	0.05	0.05
Net GEX	-4.1M	-503.2M	671.1M	23.8M	100.8M
Net DEX	-1.67B	-10.43B	10.64B	-4.37B	-3.99B
Net VEX	-146.7M	-153.6M	-134.7M	-153.6M	-145.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.04	0.73	1.46	0.76	1.46
Total Volume	1,298,298.333	639,220	2,578,255	1,081,338	1,653,535
Total OI	8,029,005	7,496,603	8,592,843	7,819,481	7,980,125

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-11-01	$150.73	$150.00	32.7%	10.1%	41.3%	52.5%	35.5%	5.1%	-0.1%	23.8M	-4.37B	-153.6M	0.76	1.29	N/A	N/A	614,249	467,089	3,917,117	3,902,364
2022-11-02	$145.94	$150.00	33.1%	10.3%	42.9%	53.9%	35.7%	5.0%	-0.2%	-188.1M	1.58B	-147.3M	1.10	1.35	N/A	N/A	684,399	753,637	3,986,407	3,952,446
2022-11-03	$139.45	$155.00	34.6%	10.0%	45.7%	59.7%	35.3%	4.9%	-0.2%	-410.5M	9.21B	-140.0M	0.99	1.17	N/A	N/A	886,852	878,624	4,022,501	4,077,654
2022-11-04	$138.01	$155.00	35.6%	10.2%	43.7%	63.3%	36.4%	5.6%	-0.1%	-503.2M	10.64B	-138.5M	0.98	1.33	N/A	N/A	1,299,330	1,278,925	4,105,240	4,146,291
2022-11-07	$138.89	$150.00	35.7%	10.3%	43.7%	62.6%	36.5%	6.1%	0.4%	-218.9M	6.23B	-138.6M	0.92	1.14	N/A	N/A	538,126	493,233	3,922,124	3,896,586
2022-11-08	$140.03	$150.00	35.5%	10.4%	43.4%	61.8%	35.0%	6.1%	0.9%	-145.9M	4.17B	-141.4M	1.24	1.58	N/A	N/A	594,037	739,441	4,046,811	3,940,710
2022-11-09	$134.91	$150.00	37.6%	11.0%	45.4%	70.4%	39.9%	6.0%	1.0%	-300.9M	9.37B	-134.7M	1.20	1.18	N/A	N/A	478,935	574,127	4,122,676	3,962,116
2022-11-10	$145.60	$150.00	32.0%	9.6%	52.1%	46.7%	34.2%	5.9%	1.7%	184.5M	-3.88B	-146.6M	0.88	1.09	N/A	N/A	994,132	870,014	4,185,017	3,995,297
2022-11-11	$149.40	$150.00	31.3%	9.1%	51.5%	43.5%	33.3%	5.7%	0.9%	671.1M	-9.85B	-152.2M	0.73	1.12	N/A	N/A	1,098,507	804,734	4,295,086	4,135,790
2022-11-14	$149.01	$150.00	31.6%	9.1%	50.7%	45.1%	32.8%	6.3%	0.0%	177.2M	-7.01B	-149.6M	0.89	2.21	N/A	N/A	487,750	433,381	4,120,616	3,896,259
2022-11-15	$150.18	$150.00	32.6%	9.4%	50.7%	48.2%	33.2%	6.3%	-0.6%	231.7M	-8.41B	-152.3M	0.86	1.28	N/A	N/A	693,078	597,013	4,177,816	3,996,964
2022-11-16	$148.73	$150.00	32.1%	9.2%	50.9%	46.2%	32.7%	5.7%	0.0%	135.0M	-5.99B	-151.7M	1.20	1.25	N/A	N/A	373,840	447,885	4,241,224	4,107,604
2022-11-17	$150.11	$150.00	32.2%	9.3%	51.0%	45.3%	32.9%	5.8%	-0.4%	250.6M	-7.92B	-152.8M	0.90	2.02	N/A	N/A	646,902	579,527	4,277,712	4,160,160
2022-11-18	$151.65	$150.00	31.1%	9.0%	50.1%	40.1%	31.5%	5.9%	-1.1%	314.5M	-10.43B	-152.2M	0.90	1.22	N/A	N/A	681,317	610,456	4,361,209	4,231,634
2022-11-21	$148.00	$150.00	31.7%	9.2%	50.6%	42.5%	31.9%	5.9%	-0.6%	-9.8M	-4.01B	-149.7M	1.05	1.23	N/A	N/A	448,175	470,094	3,810,422	3,686,181
2022-11-22	$150.09	$150.00	29.5%	8.5%	50.5%	32.9%	30.7%	6.0%	-0.6%	125.6M	-6.36B	-151.2M	1.24	1.30	N/A	N/A	428,088	528,834	3,902,775	3,782,285
2022-11-23	$150.79	$150.00	29.4%	8.5%	50.1%	32.6%	29.8%	6.0%	-0.3%	125.7M	-7.23B	-151.4M	1.22	2.16	N/A	N/A	504,658	614,979	3,954,847	3,879,379
2022-11-25	$147.90	$150.00	30.2%	8.8%	49.4%	35.8%	31.0%	5.6%	-0.6%	-194.3M	-2.98B	-149.1M	0.95	1.25	N/A	N/A	328,061	311,159	4,016,549	3,976,728
2022-11-28	$144.06	$150.00	32.5%	9.9%	42.6%	46.1%	34.5%	6.3%	0.2%	-172.8M	1.34B	-143.4M	1.21	1.30	N/A	N/A	461,271	559,052	3,822,447	3,804,306
2022-11-29	$140.78	$150.00	33.3%	10.2%	42.9%	49.7%	35.7%	6.1%	-0.1%	-282.3M	4.83B	-139.6M	1.18	1.47	N/A	N/A	623,374	733,445	3,912,431	3,897,199
2022-11-30	$147.50	$150.00	29.9%	9.3%	46.2%	34.8%	31.7%	5.8%	0.2%	100.8M	-3.99B	-145.7M	1.46	1.40	N/A	N/A	672,867	980,668	4,011,590	3,968,535