AAPL Options History — August 2025

In August 2025, AAPL traded between $202.49 and $234.05. ATM implied volatility averaged 24.5%, placing in the 17.8% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded below realized volatility by 3.1% (HV 20d: 27.6%). Max pain ranged from $205.00 to $215.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.53.

Notable Days

  • 2025-08-08: Highest Volume — 3,937,480 contracts
  • 2025-08-22: Largest IV drop — 6.1% change
  • 2025-08-04: Highest IV Rank — 24.4%
  • 2025-08-01: Largest Expected Move — 8.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$224.76$202.49$234.05$202.59$232.68
Max Pain$210.12$205.00$215.00$205.00$215.00
ATM IV24.5%22.2%27.9%27.9%22.2%
Expected Move7.1%6.6%8.7%8.7%6.7%
HV 20d27.6%15.0%31.4%16.5%27.5%
HV 60d23.3%22.4%24.8%22.8%22.8%
IV Rank17.8%13.4%24.4%24.3%13.4%
IV Percentile36.0%21.4%63.5%62.7%21.4%
Term Structure-0.1%-0.9%0.5%-0.9%-0.1%
VWIV24.9%23.1%30.4%30.4%23.9%
Skew 25d3.6%2.7%4.8%4.0%4.0%
Skew 10d7.5%5.3%10.5%7.9%9.3%
Call IV 25d23.1%21.1%27.0%27.0%21.1%
Put IV 25d26.7%25.1%31.0%31.0%25.1%
Bid-Ask Spread %1.711.242.342.182.34
Gamma HHI0.080.050.120.090.09
Net GEX1.03B-169.9M1.69B-169.9M1.47B
Net DEX-21.23B-32.80B-1.87B-1.87B-27.03B
Net VEX-153.2M-162.3M-129.4M-129.4M-158.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.530.371.180.480.59
Total Volume1,126,691.857459,9693,937,4802,049,259858,772
Total OI5,508,190.194,827,4356,112,6185,123,5075,790,716

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$202.59$205.0027.9%8.7%16.5%24.3%30.4%4.0%-0.9%-169.9M-1.87B-129.4M0.482.18N/AN/A1,384,554664,7052,948,9092,174,598
2025-08-04$202.49$205.0027.9%7.8%15.0%24.4%26.3%4.0%0.0%143.3M-3.43B-129.7M0.472.00N/AN/A694,163324,0112,822,0112,005,424
2025-08-05$202.92$205.0026.5%7.5%15.0%21.7%26.3%4.0%-0.1%218.3M-4.19B-131.0M0.491.39N/AN/A376,308185,8212,952,3812,061,781
2025-08-06$213.97$205.0026.4%7.4%24.5%21.5%26.0%3.6%-0.1%901.9M-15.01B-139.9M0.441.93N/AN/A1,387,649616,4822,992,9352,091,287
2025-08-07$220.10$205.0025.1%7.2%26.1%19.1%25.1%3.2%0.1%1.34B-21.16B-145.0M0.491.74N/AN/A1,252,206613,1543,085,2272,215,113
2025-08-08$229.26$210.0025.0%7.0%29.3%18.8%25.2%2.7%-0.1%1.57B-32.80B-152.1M0.542.20N/AN/A2,551,8421,385,6383,278,5102,345,951
2025-08-11$227.16$210.0025.4%7.2%29.1%19.6%25.7%3.2%-0.2%1.16B-23.84B-157.1M0.482.19N/AN/A740,189358,8993,165,1122,354,074
2025-08-12$229.34$210.0024.2%6.9%29.1%17.3%24.3%2.9%-0.2%1.39B-26.55B-157.1M0.392.11N/AN/A720,476281,4403,267,6532,394,717
2025-08-13$234.05$210.0024.1%6.8%29.7%17.0%24.4%2.8%-0.2%1.69B-32.47B-162.2M0.371.97N/AN/A1,095,688407,8233,389,5542,444,498
2025-08-14$232.96$210.0023.1%6.6%29.8%15.1%23.3%2.9%-0.2%1.68B-30.81B-162.3M0.421.67N/AN/A782,336331,9243,465,7842,514,567
2025-08-15$231.68$210.0023.5%6.7%30.1%16.0%23.3%3.1%-0.3%1.33B-28.74B-162.0M0.541.40N/AN/A675,567362,2103,528,7522,583,866
2025-08-18$231.39$210.0023.5%6.7%30.1%15.9%23.7%3.5%0.3%1.13B-24.82B-162.3M0.601.42N/AN/A330,720199,9083,178,3712,203,801
2025-08-19$230.30$210.0023.4%6.7%30.2%15.8%24.1%4.3%-0.1%1.06B-23.07B-161.0M0.611.30N/AN/A394,624239,0003,212,6092,267,106
2025-08-20$226.70$210.0023.6%6.8%31.0%16.2%24.4%4.3%0.5%693.5M-18.90B-159.2M0.741.26N/AN/A372,137276,9523,223,5472,307,100
2025-08-21$224.74$210.0024.2%6.9%31.3%17.2%24.7%4.8%-0.1%435.7M-16.71B-158.5M1.181.59N/AN/A285,032334,9583,246,8052,328,024
2025-08-22$227.94$212.5022.7%6.6%31.4%14.4%23.1%3.7%-0.5%834.8M-21.16B-156.1M0.451.37N/AN/A638,812286,3173,285,7612,350,092
2025-08-25$227.69$215.0023.8%7.0%31.4%16.6%25.3%3.9%-0.2%877.6M-20.04B-157.2M0.531.24N/AN/A355,732187,6743,133,5172,243,880
2025-08-26$228.40$215.0024.1%7.1%31.1%17.0%24.9%3.4%-0.2%1.02B-21.46B-158.3M0.431.54N/AN/A346,940150,7203,229,4142,292,843
2025-08-27$230.59$215.0024.2%7.1%30.2%17.2%24.4%3.5%-0.2%1.29B-24.32B-158.5M0.421.39N/AN/A324,619135,3503,296,2682,318,280
2025-08-28$232.95$215.0023.0%6.9%30.2%15.0%24.5%3.5%-0.2%1.53B-27.43B-159.5M0.471.62N/AN/A508,187240,9903,333,1052,348,051
2025-08-29$232.68$215.0022.2%6.7%27.5%13.4%23.9%4.0%-0.1%1.47B-27.03B-158.8M0.592.34N/AN/A541,442317,3303,398,2272,392,489