AAPL Options History — February 2023

In February 2023, AAPL traded between $146.06 and $154.84. ATM implied volatility averaged 28.7%, placing in the 29.4% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 4.3% (HV 20d: 24.4%). Max pain ranged from $135.00 to $140.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.85.

Notable Days

  • 2023-02-03: Highest Volume — 3,617,295 contracts
  • 2023-02-03: Largest IV drop — 11.2% change
  • 2023-02-02: Highest IV Rank — 41.5%
  • 2023-02-01: Largest Expected Move — 10.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$150.92$146.06$154.84$146.24$148.03
Max Pain$139.47$135.00$140.00$140.00$140.00
ATM IV28.7%26.4%31.5%30.1%27.9%
Expected Move8.3%7.6%10.0%10.0%8.0%
HV 20d24.4%20.2%27.8%20.2%25.8%
HV 60d31.3%28.2%35.0%33.9%28.2%
IV Rank29.4%19.2%41.5%35.6%25.7%
IV Percentile19.3%9.9%35.3%27.4%13.5%
Term Structure-0.0%-0.9%0.9%-0.6%-0.4%
VWIV29.8%27.7%35.8%35.8%27.8%
Skew 25d4.4%2.6%5.5%4.8%5.1%
Skew 10d8.6%5.0%10.3%9.2%10.0%
Call IV 25d26.6%24.3%30.6%27.7%25.1%
Put IV 25d31.0%28.8%33.2%32.5%30.2%
Bid-Ask Spread %1.341.022.441.581.32
Gamma HHI0.080.050.180.050.05
Net GEX235.0M-337.2M817.0M229.7M93.1M
Net DEX-12.90B-21.56B-4.99B-10.56B-8.05B
Net VEX-137.4M-142.2M-131.5M-131.5M-132.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.850.611.120.790.83
Total Volume1,073,704.526486,9343,617,295776,540486,934
Total OI7,117,3076,427,3937,678,8826,848,7196,590,668

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$146.24$140.0030.1%10.0%20.2%35.6%35.8%4.8%-0.6%229.7M-10.56B-131.5M0.791.58N/AN/A432,902343,6383,364,6133,484,106
2023-02-02$149.66$135.0031.5%8.6%20.8%41.5%30.7%2.6%-0.9%354.1M-14.98B-134.1M0.681.84N/AN/A1,206,337816,8543,460,0143,553,010
2023-02-03$154.75$135.0027.9%8.0%22.2%26.0%29.0%3.0%-0.2%817.0M-21.56B-136.1M0.761.35N/AN/A2,056,1511,561,1443,720,8503,790,025
2023-02-06$151.49$140.0028.3%8.3%22.6%27.5%29.2%3.2%0.6%256.4M-14.15B-140.7M0.911.28N/AN/A524,770477,6113,593,2143,665,123
2023-02-07$154.29$140.0027.1%7.8%22.9%22.0%28.1%3.3%0.2%485.2M-18.16B-138.6M0.711.26N/AN/A608,632432,7023,702,3083,711,905
2023-02-08$151.95$140.0029.0%8.6%24.1%30.5%30.7%3.4%0.9%284.1M-14.88B-141.5M0.781.21N/AN/A483,992375,4833,744,5103,756,663
2023-02-09$151.11$140.0030.3%8.8%24.1%36.5%31.8%3.9%0.5%296.0M-13.87B-142.2M0.611.20N/AN/A552,232339,4063,810,5783,765,824
2023-02-10$150.91$140.0029.5%8.6%24.2%33.0%30.1%4.0%0.5%220.0M-12.35B-140.9M1.011.11N/AN/A450,238453,5123,736,1903,805,892
2023-02-13$153.78$140.0029.3%8.4%24.5%32.2%32.7%4.9%0.0%391.1M-16.02B-141.0M0.791.16N/AN/A428,124337,1553,518,0183,602,477
2023-02-14$153.49$140.0027.2%7.8%24.6%22.6%28.8%4.3%0.9%378.5M-15.67B-137.9M0.941.20N/AN/A398,070372,2993,599,0333,712,812
2023-02-15$154.84$140.0026.4%7.6%24.5%19.2%28.2%4.4%0.4%479.7M-17.74B-138.3M0.771.02N/AN/A586,868451,4253,645,8203,779,980
2023-02-16$154.09$140.0027.5%7.9%24.8%23.9%28.9%5.3%0.5%368.1M-16.32B-140.2M0.891.12N/AN/A584,302517,3793,709,0013,849,700
2023-02-17$152.22$140.0028.0%8.1%25.5%26.2%28.0%4.9%-0.3%-126.4M-13.32B-139.3M0.681.14N/AN/A683,137465,4773,782,2933,896,589
2023-02-21$148.72$140.0029.8%8.5%26.3%34.4%29.6%5.3%-0.6%24.8M-7.73B-136.2M0.931.21N/AN/A392,669364,0613,240,7653,186,628
2023-02-22$148.28$140.0030.1%8.5%26.3%35.5%30.1%5.3%-0.5%19.8M-7.55B-136.6M1.121.27N/AN/A387,349434,4513,317,6633,249,289
2023-02-23$149.64$140.0028.0%7.8%26.4%26.0%27.7%5.0%-0.4%127.6M-9.24B-135.7M0.802.44N/AN/A433,437346,7633,362,4993,301,206
2023-02-24$146.06$140.0029.2%8.2%27.8%31.4%29.2%4.8%-0.4%-337.2M-4.99B-134.0M0.981.40N/AN/A483,187475,8273,443,1833,330,529
2023-02-27$147.91$140.0028.4%8.1%27.0%28.2%29.6%5.5%-0.3%103.3M-7.99B-133.5M1.111.30N/AN/A311,065344,8033,276,5523,169,303
2023-02-28$148.03$140.0027.9%8.0%25.8%25.7%27.8%5.1%-0.4%93.1M-8.05B-132.6M0.831.32N/AN/A266,497220,4373,343,6643,247,004