AAPL Options History — November 2025

In November 2025, AAPL traded between $266.70 and $278.21. ATM implied volatility averaged 23.1%, placing in the 15.2% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 2.2% (HV 20d: 20.9%). Max pain ranged from $220.00 to $245.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 0.62.

Notable Days

  • 2025-11-21: Highest Volume — 1,051,319 contracts
  • 2025-11-17: Largest IV spike — 9.6% change
  • 2025-11-20: Highest IV Rank — 22.3%
  • 2025-11-20: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$271.78$266.70$278.21$268.04$277.16
Max Pain$229.74$220.00$245.00$242.50$230.00
ATM IV23.1%19.8%26.8%22.7%20.3%
Expected Move6.7%5.8%7.7%6.8%5.8%
HV 20d20.9%17.1%25.3%25.2%18.3%
HV 60d23.6%23.0%24.4%23.7%23.0%
IV Rank15.2%8.8%22.3%14.3%9.7%
IV Percentile27.9%8.7%55.2%24.2%8.7%
Term Structure0.0%-0.9%0.7%0.3%0.2%
VWIV23.9%20.3%27.1%24.1%20.7%
Skew 25d3.0%1.9%5.1%1.9%2.6%
Skew 10d6.6%4.3%10.6%4.3%5.9%
Call IV 25d21.9%18.8%24.5%22.2%18.9%
Put IV 25d24.9%21.5%29.2%24.2%21.5%
Bid-Ask Spread %2.452.072.902.582.81
Gamma HHI0.090.070.160.070.16
Net GEX1.56B1.08B2.45B1.33B2.25B
Net DEX-44.39B-50.70B-38.64B-42.14B-45.98B
Net VEX-163.3M-167.4M-154.9M-166.8M-154.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.430.890.530.43
Total Volume704,838.211470,3451,051,319599,989581,960
Total OI5,685,351.5265,283,9365,928,1535,543,7385,691,718

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$268.04$242.5022.7%6.8%25.2%14.3%24.1%1.9%0.3%1.33B-42.14B-166.8M0.532.58N/AN/A392,946207,0433,289,9832,253,755
2025-11-04$270.26$242.5023.0%6.7%25.3%15.0%24.0%2.2%0.2%1.48B-44.70B-165.1M0.572.14N/AN/A347,652199,3983,346,1712,285,270
2025-11-05$269.28$245.0022.4%6.5%25.3%13.7%23.2%1.9%0.4%1.44B-43.65B-163.2M0.602.88N/AN/A293,839176,5063,366,3892,312,575
2025-11-06$271.02$220.0023.5%6.8%24.3%15.8%24.5%2.2%0.4%1.57B-45.55B-165.6M0.692.22N/AN/A430,306297,2453,400,6982,322,340
2025-11-07$268.46$225.0023.2%6.8%21.9%15.4%24.3%2.3%0.7%1.19B-42.07B-167.4M0.722.34N/AN/A600,157432,7703,443,4252,355,272
2025-11-10$268.80$225.0022.8%6.6%21.9%14.6%23.6%2.1%0.0%1.35B-42.64B-163.6M0.502.59N/AN/A373,566187,2063,232,9712,281,210
2025-11-11$275.63$225.0022.3%6.5%22.8%13.6%22.6%2.1%0.1%1.75B-50.70B-161.0M0.452.38N/AN/A572,015259,5923,308,0722,313,865
2025-11-12$273.90$225.0022.4%6.5%23.2%13.7%23.3%2.2%0.1%1.67B-48.35B-161.7M0.562.23N/AN/A330,870185,4543,368,9982,366,554
2025-11-13$273.35$225.0024.0%6.9%22.7%16.9%24.7%2.7%0.2%1.73B-47.21B-167.1M0.692.57N/AN/A435,473299,2173,421,5082,378,885
2025-11-14$272.95$225.0022.9%6.6%21.6%14.7%24.1%3.1%0.3%1.41B-46.23B-166.0M0.782.48N/AN/A508,356396,5393,457,8672,426,071
2025-11-17$266.70$225.0025.1%7.2%18.9%19.0%25.0%3.8%-0.5%1.10B-38.64B-165.2M0.602.14N/AN/A377,206226,8153,312,4752,366,893
2025-11-18$267.92$230.0024.9%7.2%18.9%18.7%25.7%3.9%-0.6%1.25B-40.45B-165.2M0.712.38N/AN/A299,360213,5973,392,3392,377,910
2025-11-19$269.51$230.0025.0%7.2%17.1%18.9%25.6%3.9%-0.7%1.39B-42.43B-164.6M0.782.37N/AN/A275,362215,9343,420,1082,393,060
2025-11-20$266.75$230.0026.8%7.7%17.5%22.3%27.1%4.6%-0.9%1.08B-38.65B-166.6M0.892.90N/AN/A502,798448,9993,434,2242,419,863
2025-11-21$271.58$230.0024.6%7.1%18.0%18.0%24.6%5.1%-0.8%1.62B-44.60B-164.8M0.812.67N/AN/A580,084471,2353,474,5722,453,581
2025-11-24$276.85$230.0022.5%6.5%18.3%14.0%23.3%4.1%0.3%1.52B-45.33B-157.9M0.492.07N/AN/A472,962231,1163,113,1082,170,828
2025-11-25$277.36$230.0021.6%6.2%18.3%12.2%22.8%3.6%0.2%1.98B-46.51B-159.1M0.472.31N/AN/A585,875276,6073,231,6392,223,907
2025-11-26$278.21$230.0019.8%5.9%18.3%8.8%20.3%2.9%0.3%2.45B-47.69B-156.4M0.532.43N/AN/A462,126243,7403,339,6822,273,893
2025-11-28$277.16$230.0020.3%5.8%18.3%9.7%20.7%2.6%0.2%2.25B-45.98B-154.9M0.432.81N/AN/A407,219174,7413,377,0072,314,711