AAPL Options History — July 2023

In July 2023, AAPL traded between $187.57 and $196.06. ATM implied volatility averaged 22.9%, placing in the 20.8% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded above realized volatility by 7.8% (HV 20d: 15.1%). Max pain ranged from $175.00 to $180.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.66.

Notable Days

  • 2023-07-19: Highest Volume — 1,934,357 contracts
  • 2023-07-05: Largest IV spike — 6.2% change
  • 2023-07-21: Highest IV Rank — 24.3%
  • 2023-07-31: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$192.43$187.57$196.06$192.25$196.06
Max Pain$178.50$175.00$180.00$175.00$180.00
ATM IV22.9%21.4%23.8%21.4%23.3%
Expected Move6.4%4.8%7.3%4.8%7.3%
HV 20d15.1%13.9%16.1%15.2%14.0%
HV 60d17.5%16.7%18.5%18.5%16.9%
IV Rank20.8%15.6%24.3%15.6%22.5%
IV Percentile18.2%13.1%22.2%13.1%22.2%
Term Structure-0.8%-1.2%-0.4%-0.4%-0.8%
VWIV23.0%17.1%25.7%17.1%25.7%
Skew 25d3.1%2.4%3.9%3.1%2.8%
Skew 10d6.5%4.3%8.5%5.7%6.9%
Call IV 25d21.6%20.4%23.2%20.4%21.9%
Put IV 25d24.7%23.5%26.0%23.5%24.7%
Bid-Ask Spread %1.731.222.191.692.10
Gamma HHI0.110.080.140.120.11
Net GEX947.4M604.2M1.42B1.12B899.7M
Net DEX-29.36B-36.03B-23.95B-31.56B-29.48B
Net VEX-166.2M-173.9M-160.7M-161.0M-173.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.260.870.870.61
Total Volume882,853.75448,0111,934,357610,431448,011
Total OI7,155,303.76,670,0337,789,0336,889,1466,839,704

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$192.25$175.0021.4%4.8%15.2%15.6%17.1%3.1%-0.4%1.12B-31.56B-161.0M0.871.69N/AN/A326,863283,5683,675,2103,213,936
2023-07-05$191.38$175.0022.8%4.9%14.5%20.4%17.7%3.1%-0.6%1.00B-29.74B-161.8M0.841.22N/AN/A395,411330,3853,724,1243,240,200
2023-07-06$191.50$175.0023.5%6.4%14.5%22.9%22.4%3.2%-0.6%1.09B-29.97B-162.5M0.812.04N/AN/A434,273352,5133,791,0683,303,769
2023-07-07$191.62$175.0022.7%6.2%13.9%20.3%22.8%3.2%-0.5%1.09B-29.96B-162.1M0.601.63N/AN/A600,067359,3663,819,6503,377,079
2023-07-10$188.39$175.0023.5%6.4%14.9%23.2%23.0%3.9%-0.9%649.6M-24.66B-165.3M0.711.50N/AN/A538,738383,4523,676,4703,208,244
2023-07-11$187.57$175.0023.5%6.4%15.1%23.1%22.7%3.3%-1.0%629.6M-23.95B-165.0M0.521.79N/AN/A477,900247,5743,774,2513,309,616
2023-07-12$189.87$180.0022.4%6.2%15.1%19.2%22.0%3.4%-0.8%988.4M-28.05B-163.0M0.581.43N/AN/A671,989388,0323,860,8203,372,275
2023-07-13$190.94$180.0022.8%6.3%15.1%20.3%23.1%3.2%-0.9%1.08B-29.66B-164.8M0.611.43N/AN/A470,619286,1693,925,8023,450,790
2023-07-14$190.53$180.0022.7%6.3%15.2%20.0%22.6%3.1%-1.1%732.0M-28.78B-165.3M0.561.75N/AN/A540,467302,4233,953,5103,516,756
2023-07-17$194.11$180.0022.1%6.2%15.8%17.9%22.6%3.2%-0.6%1.16B-34.30B-160.7M0.621.25N/AN/A656,887406,5413,731,3363,420,711
2023-07-18$194.13$180.0022.4%6.4%15.4%19.1%23.5%3.0%-0.6%1.17B-33.53B-164.5M0.531.23N/AN/A500,122264,1293,804,5533,525,254
2023-07-19$195.34$180.0023.7%6.8%15.5%23.7%23.7%2.4%-0.9%1.42B-36.03B-162.7M0.261.88N/AN/A1,538,458395,8993,862,6163,557,209
2023-07-20$193.14$180.0023.7%6.8%15.9%23.8%24.9%2.8%-1.0%942.1M-31.41B-170.7M0.561.74N/AN/A833,761465,1304,051,1243,627,494
2023-07-21$192.34$180.0023.8%6.9%15.5%24.3%23.9%2.8%-1.2%604.2M-29.78B-170.4M0.772.19N/AN/A535,151410,1384,114,3653,674,668
2023-07-24$192.51$180.0022.8%6.9%15.5%20.6%24.3%2.8%-0.7%749.2M-25.48B-166.7M0.721.90N/AN/A362,744261,4893,593,0943,076,939
2023-07-25$194.18$180.0022.5%6.7%15.4%19.5%24.0%2.9%-0.7%922.2M-27.80B-168.7M0.731.75N/AN/A334,528243,4013,670,5053,148,562
2023-07-26$194.66$180.0022.5%6.8%14.8%19.5%23.9%3.2%-0.7%967.5M-28.20B-171.5M0.792.04N/AN/A365,888287,6133,741,7573,223,780
2023-07-27$192.71$180.0023.0%7.1%15.4%21.2%25.6%3.1%-0.7%622.8M-24.95B-171.6M0.721.97N/AN/A578,232415,8493,798,6393,268,023
2023-07-28$195.44$180.0022.6%6.8%16.1%19.6%24.6%3.0%-0.6%1.10B-29.84B-171.5M0.812.06N/AN/A533,499429,7963,858,1223,324,049
2023-07-31$196.06$180.0023.3%7.3%14.0%22.5%25.7%2.8%-0.8%899.7M-29.48B-173.9M0.612.10N/AN/A278,684169,3273,622,9823,216,722