AAPL Options History — August 2023

In August 2023, AAPL traded between $173.76 and $195.84. ATM implied volatility averaged 21.1%, placing in the 14.4% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded below realized volatility by 1.3% (HV 20d: 22.4%). Max pain ranged from $175.00 to $182.50. Net GEX was positive for 20 of 23 trading days. Term structure was in contango for 18 of 23 days. Put/call ratio averaged 0.76.

Notable Days

  • 2023-08-04: Highest Volume — 2,620,937 contracts
  • 2023-08-04: Largest IV drop — 13.5% change
  • 2023-08-03: Highest IV Rank — 31.1%
  • 2023-08-02: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$181.25$173.76$195.84$195.84$188.99
Max Pain$176.63$175.00$182.50$180.00$175.00
ATM IV21.1%18.5%25.7%23.3%18.5%
Expected Move6.1%5.3%8.3%7.5%5.3%
HV 20d22.4%13.7%28.0%13.7%28.0%
HV 60d17.9%14.0%20.1%16.6%20.1%
IV Rank14.4%4.8%31.1%22.3%4.8%
IV Percentile14.1%4.8%31.7%22.2%4.8%
Term Structure0.0%-1.3%0.7%-1.1%0.2%
VWIV21.6%19.1%28.9%26.9%19.1%
Skew 25d3.2%2.4%4.0%2.4%2.5%
Skew 10d7.5%4.5%10.2%4.5%6.2%
Call IV 25d19.7%17.8%24.5%22.0%17.8%
Put IV 25d22.9%20.4%27.2%24.4%20.4%
Bid-Ask Spread %2.071.582.591.712.03
Gamma HHI0.080.060.120.100.11
Net GEX338.8M-449.0M1.36B903.2M1.36B
Net DEX-13.13B-29.42B-3.05B-29.42B-29.05B
Net VEX-167.6M-178.3M-161.1M-174.4M-170.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.760.481.570.690.48
Total Volume1,038,558.565396,5012,620,937396,5011,000,436
Total OI7,357,027.6526,733,9927,923,9056,995,7497,558,495

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$195.84$180.0023.3%7.5%13.7%22.3%26.9%2.4%-1.1%903.2M-29.42B-174.4M0.691.71N/AN/A234,372162,1293,709,2513,286,498
2023-08-02$192.75$182.5024.7%8.3%14.9%27.5%28.9%2.6%-1.3%705.8M-24.93B-177.2M0.732.08N/AN/A397,029290,6613,774,7873,346,963
2023-08-03$191.06$180.0025.7%7.0%15.2%31.1%24.7%2.7%-1.3%578.4M-22.19B-178.3M0.972.22N/AN/A609,557589,7723,844,3673,415,298
2023-08-04$182.28$180.0022.2%6.4%22.6%18.5%22.1%2.5%-0.6%-270.7M-8.18B-172.2M0.692.24N/AN/A1,547,3931,073,5443,995,3393,601,735
2023-08-07$178.68$180.0021.3%6.2%22.8%15.2%22.4%2.5%0.2%6.9M-6.12B-166.6M0.692.15N/AN/A1,037,398716,3603,908,4983,388,661
2023-08-08$180.22$180.0021.2%6.2%23.2%14.5%22.0%2.6%0.5%335.0M-9.32B-171.0M0.532.49N/AN/A654,657350,0404,107,0943,482,654
2023-08-09$178.61$180.0020.8%6.1%22.6%13.1%22.3%3.0%0.7%219.8M-6.76B-167.7M0.522.06N/AN/A657,956343,5634,197,4133,525,831
2023-08-10$177.76$175.0020.5%6.0%22.4%12.1%21.7%3.4%0.7%117.6M-5.49B-167.7M0.521.81N/AN/A656,637344,1674,270,9523,597,213
2023-08-11$177.93$175.0019.3%5.7%22.5%7.8%22.0%3.2%0.6%127.9M-5.65B-167.2M0.801.98N/AN/A557,425448,1964,296,0703,627,835
2023-08-14$179.13$175.0019.4%5.6%21.3%8.3%19.7%3.7%0.1%251.6M-10.05B-163.0M0.801.86N/AN/A426,868341,1613,935,4553,385,651
2023-08-15$177.25$175.0021.4%6.2%21.4%15.5%20.8%3.7%-0.1%17.2M-7.41B-161.6M0.982.06N/AN/A390,307383,3113,982,4913,448,865
2023-08-16$177.05$175.0021.3%6.1%21.0%15.2%20.3%3.4%0.3%34.8M-8.06B-163.4M1.572.21N/AN/A329,791516,4514,058,8473,488,940
2023-08-17$173.76$175.0021.7%6.2%21.5%16.4%21.7%3.8%0.4%-449.0M-3.05B-161.7M1.002.07N/AN/A715,773715,0874,092,7343,501,904
2023-08-18$174.88$175.0021.4%6.1%21.9%15.5%20.8%3.8%0.3%-103.8M-6.35B-163.0M0.901.58N/AN/A574,637514,5584,176,1143,477,250
2023-08-21$176.09$175.0021.1%6.0%22.2%14.4%20.5%3.6%0.2%156.7M-8.56B-161.1M0.711.79N/AN/A401,435286,5163,592,7473,141,245
2023-08-22$177.22$175.0021.8%6.0%22.0%16.7%20.4%4.0%0.1%300.8M-10.25B-163.6M0.792.09N/AN/A382,350302,0123,692,4373,212,616
2023-08-23$181.34$175.0020.4%5.6%24.0%11.6%19.9%3.7%0.1%672.7M-16.65B-167.4M0.732.01N/AN/A607,664445,1453,752,2923,288,156
2023-08-24$176.32$175.0022.1%6.1%25.5%18.1%21.4%3.1%0.0%19.7M-8.26B-165.6M0.771.88N/AN/A451,543349,4653,813,8853,380,055
2023-08-25$179.03$175.0019.7%5.5%25.6%9.3%19.4%3.4%0.2%327.9M-12.86B-166.3M0.782.59N/AN/A498,788389,3593,883,8323,378,783
2023-08-28$180.26$175.0020.2%5.8%25.8%11.2%20.2%3.8%0.3%456.3M-14.54B-165.4M0.682.13N/AN/A363,923248,5463,750,7283,270,395
2023-08-29$184.86$175.0019.3%5.4%27.8%7.8%19.7%3.3%0.2%905.1M-22.26B-169.0M0.652.39N/AN/A635,260411,4463,860,9183,343,425
2023-08-30$187.51$175.0018.6%5.5%28.0%5.4%19.6%2.6%0.0%1.12B-26.66B-169.8M0.492.20N/AN/A1,030,332503,8273,937,5673,429,350
2023-08-31$188.99$175.0018.5%5.3%28.0%4.8%19.1%2.5%0.2%1.36B-29.05B-170.6M0.482.03N/AN/A674,020326,4164,039,4333,519,062