AAPL Options History — May 2024

In May 2024, AAPL traded between $171.38 and $192.59. ATM implied volatility averaged 19.3%, placing in the 26.1% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded below realized volatility by 8.0% (HV 20d: 27.3%). Max pain ranged from $175.00 to $180.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.54.

Notable Days

  • 2024-05-03: Highest Volume — 2,781,186 contracts
  • 2024-05-03: Largest IV drop — 34.4% change
  • 2024-05-01: Highest IV Rank — 79.2%
  • 2024-05-02: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$186.51$171.38$192.59$171.38$191.53
Max Pain$176.25$175.00$180.00$175.00$180.00
ATM IV19.3%16.8%27.8%27.8%21.2%
Expected Move5.8%4.9%9.7%9.5%6.5%
HV 20d27.3%22.0%31.7%22.0%26.4%
HV 60d24.0%20.2%24.9%20.2%23.4%
IV Rank26.1%10.2%79.2%79.2%37.8%
IV Percentile31.1%9.5%94.4%94.4%51.2%
Term Structure0.0%-1.4%3.3%-1.4%-1.3%
VWIV20.8%17.4%33.9%33.4%23.1%
Skew 25d1.3%0.9%2.2%2.2%0.9%
Skew 10d3.3%2.1%4.7%4.5%2.6%
Call IV 25d19.0%15.5%26.9%26.9%21.5%
Put IV 25d20.4%17.0%29.1%29.1%22.4%
Bid-Ask Spread %1.621.412.152.151.70
Gamma HHI0.120.050.290.050.10
Net GEX1.01B284.2M1.87B284.2M946.2M
Net DEX-18.22B-23.98B-3.88B-3.88B-21.98B
Net VEX-150.0M-154.6M-147.2M-147.2M-152.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.340.700.680.54
Total Volume863,463.955433,2202,781,186433,220862,349
Total OI6,283,891.7275,920,7366,655,5066,031,9536,345,300

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$171.38$175.0027.8%9.5%22.0%79.2%33.4%2.2%-1.4%284.2M-3.88B-147.2M0.682.15N/AN/A257,928175,2923,565,9682,465,985
2024-05-02$172.94$175.0027.3%9.7%22.2%75.8%33.9%2.1%-1.3%368.9M-5.61B-148.9M0.551.58N/AN/A677,316374,6673,611,2552,492,226
2024-05-03$184.22$175.0017.9%5.7%31.3%17.1%20.3%0.9%-0.2%1.25B-21.48B-150.2M0.541.87N/AN/A1,804,926976,2603,841,3542,640,378
2024-05-06$181.78$175.0018.4%5.8%31.7%20.5%20.7%1.2%2.7%687.7M-13.08B-150.9M0.621.55N/AN/A660,305410,8803,594,2232,577,502
2024-05-07$182.33$175.0017.7%5.7%31.7%15.7%20.2%1.1%2.6%851.1M-13.99B-150.2M0.571.85N/AN/A682,077386,9543,749,7472,642,086
2024-05-08$182.84$175.0016.9%5.4%31.5%11.0%19.8%1.6%2.5%858.2M-14.54B-149.7M0.621.47N/AN/A314,867194,7423,789,0482,703,486
2024-05-09$184.53$175.0016.8%5.3%28.6%10.4%19.0%1.1%2.8%1.22B-17.43B-149.3M0.351.61N/AN/A699,697244,5533,828,7452,718,374
2024-05-10$183.03$175.0016.8%5.2%28.8%10.2%18.7%1.5%3.3%639.1M-13.89B-148.4M0.541.45N/AN/A440,893237,0283,783,0772,737,970
2024-05-13$186.93$175.0019.7%5.6%28.7%28.2%19.6%1.6%-0.9%1.07B-19.87B-149.0M0.461.47N/AN/A661,007303,8133,605,7782,558,306
2024-05-14$187.84$175.0018.7%5.2%27.1%22.2%18.7%1.7%-0.9%1.17B-20.78B-149.3M0.551.52N/AN/A362,798200,5653,678,6582,631,382
2024-05-15$190.06$175.0018.4%5.0%26.7%20.6%17.9%1.3%-0.8%1.36B-23.98B-149.1M0.701.61N/AN/A602,608419,1523,695,5722,679,853
2024-05-16$189.91$175.0018.2%5.0%26.4%19.0%17.5%1.3%-1.0%1.21B-23.11B-150.0M0.511.67N/AN/A442,668227,1043,756,8172,788,178
2024-05-17$190.09$175.0017.6%4.9%25.5%15.1%17.4%1.2%-1.0%1.70B-23.68B-149.6M0.611.41N/AN/A482,165296,5453,809,6332,845,873
2024-05-20$191.31$175.0017.5%4.9%25.5%14.9%17.7%1.2%-0.1%1.03B-21.71B-147.7M0.631.49N/AN/A401,684252,5243,436,7652,483,971
2024-05-21$192.59$175.0017.6%5.0%25.4%15.1%17.6%1.1%-0.7%1.19B-23.52B-148.1M0.491.51N/AN/A396,765195,2943,494,6062,530,354
2024-05-22$190.91$175.0018.2%5.2%25.9%19.2%18.2%1.0%-0.5%903.5M-20.60B-150.8M0.571.61N/AN/A374,127211,6753,534,8702,579,351
2024-05-23$187.17$177.5018.9%5.4%27.5%23.1%19.4%1.5%-0.2%475.8M-15.46B-151.7M0.551.78N/AN/A535,102291,8723,628,9182,586,930
2024-05-24$190.03$180.0018.1%5.2%27.7%18.5%19.1%1.1%-0.2%1.87B-20.23B-150.5M0.491.57N/AN/A516,153255,0643,684,0612,579,875
2024-05-28$189.53$180.0019.8%5.9%27.1%29.2%20.8%1.6%-1.2%839.4M-18.99B-149.1M0.341.50N/AN/A589,291197,7413,552,5772,510,262
2024-05-29$190.82$180.0020.3%6.0%26.8%32.4%21.3%1.4%-1.0%1.12B-21.10B-152.5M0.461.56N/AN/A508,361235,2193,678,5852,530,804
2024-05-30$191.44$180.0021.5%6.5%26.4%39.4%22.9%1.0%-1.1%1.15B-21.98B-154.6M0.501.68N/AN/A423,757212,4193,732,3902,564,525
2024-05-31$191.53$180.0021.2%6.5%26.4%37.8%23.1%0.9%-1.3%946.2M-21.98B-152.9M0.541.70N/AN/A560,414301,9353,756,9772,588,323