APD Options History — February 2007

Name: APD Options Analytics - February 2007
Creator: Options Analysis Suite

In February 2007, APD traded between $69.01 and $72.50. ATM implied volatility averaged 15.5%. The 30-day expected move averaged 4.5%. IV traded below realized volatility by 0.8% (HV 20d: 16.3%). Max pain ranged from $64.75 to $64.75. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 17 of 19 days. Put/call ratio averaged 0.51.

Notable Days

2007-02-22: Highest Volume — 602 contracts
2007-02-27: Largest IV spike — 30.9% change
2007-02-27: Largest Expected Move — 5.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$70.24	$69.01	$72.50	$69.11	$69.20
Max Pain	$64.75	$64.75	$64.75	$64.75	$64.75
ATM IV	15.5%	13.9%	19.5%	14.7%	17.3%
Expected Move	4.5%	4.0%	5.6%	4.2%	5.0%
HV 20d	16.3%	11.2%	22.4%	19.9%	22.3%
Term Structure	1.1%	-1.1%	2.0%	0.8%	-0.2%
VWIV	15.6%	14.2%	19.6%	14.7%	17.4%
Skew 25d	1.6%	0.1%	7.8%	1.5%	4.3%
Skew 10d	2.0%	-2.6%	12.4%	2.0%	6.9%
Call IV 25d	14.9%	13.9%	16.3%	15.0%	14.4%
Put IV 25d	16.4%	14.3%	24.1%	16.6%	18.8%
Bid-Ask Spread %	42.13	11.07	87.52	13.19	72.26
Gamma HHI	0.68	0.48	0.79	0.70	0.61
Net GEX	1.3M	1.0M	1.7M	1.1M	1.3M
Net DEX	-18.8M	-23.2M	-12.8M	-15.4M	-13.2M
Net VEX	-49.5K	-56.0K	-43.6K	-50.5K	-56.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.51	0.00	1.67	0.15	1.06
Total Volume	223.579	4	602	550	458
Total OI	6,392.211	5,713	6,901	6,148	6,351

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2007-02-01	$69.11	$64.75	14.7%	4.2%	19.9%	0.0%	14.7%	1.5%	0.8%	1.1M	-15.4M	-50.5K	0.15	13.19	479	71	4,111	2,037
2007-02-02	$69.35	$64.75	14.9%	4.5%	17.8%	0.0%	16.0%	2.0%	1.7%	1.3M	-17.4M	-53.1K	0.57	57.45	15	9	4,456	2,092
2007-02-05	$69.36	$64.75	15.6%	4.5%	16.6%	0.0%	0.0%	1.4%	1.2%	1.4M	-17.1M	-51.9K	1.17	55.55	38	44	4,449	2,100
2007-02-06	$69.33	$64.75	14.8%	4.5%	16.6%	0.0%	15.6%	1.0%	1.4%	1.4M	-17.2M	-52.5K	0.00	58.75	18	0	4,456	2,144
2007-02-07	$69.47	$64.75	14.8%	4.5%	16.5%	0.0%	15.5%	1.2%	1.5%	1.5M	-17.5M	-52.1K	0.33	59.55	3	1	4,463	2,144
2007-02-08	$69.44	$64.75	15.7%	4.5%	16.5%	0.0%	15.7%	1.6%	1.4%	1.5M	-17.2M	-51.7K	1.67	45.50	3	5	4,465	2,145
2007-02-09	$69.39	$64.75	15.7%	4.5%	15.7%	0.0%	15.5%	1.0%	1.5%	1.6M	-17.3M	-51.3K	0.38	50.77	57	22	4,468	2,150
2007-02-12	$69.66	$64.75	15.7%	4.5%	15.7%	0.0%	15.7%	1.1%	1.6%	1.7M	-18.5M	-49.6K	0.27	45.36	105	28	4,487	2,172
2007-02-13	$70.56	$64.75	15.5%	4.4%	15.8%	0.0%	15.1%	0.1%	1.9%	1.4M	-21.8M	-45.8K	0.00	36.59	146	0	4,492	2,179
2007-02-14	$71.01	$64.75	15.8%	4.5%	15.8%	0.0%	15.4%	0.2%	1.4%	1.2M	-22.9M	-45.6K	0.16	11.07	179	29	4,528	2,179
2007-02-15	$70.79	$64.75	15.5%	4.5%	15.6%	0.0%	14.7%	0.6%	1.7%	1.3M	-23.1M	-47.2K	0.77	14.33	56	43	4,654	2,189
2007-02-16	$70.93	$64.75	15.5%	4.4%	15.6%	0.0%	15.3%	1.7%	2.0%	1.2M	-23.2M	-47.9K	0.00	25.13	93	0	4,669	2,232
2007-02-20	$71.72	$64.75	13.9%	4.0%	15.4%	0.0%	14.2%	0.8%	1.2%	1.1M	-21.5M	-43.6K	0.08	16.37	139	11	4,102	1,679
2007-02-21	$71.40	$64.75	15.8%	4.5%	15.7%	0.0%	15.8%	0.7%	0.4%	1.2M	-20.6M	-45.2K	0.01	38.50	506	3	4,142	1,690
2007-02-22	$70.43	$64.75	14.7%	4.2%	11.2%	0.0%	14.4%	0.4%	1.2%	1.3M	-17.4M	-47.6K	0.06	23.24	566	36	4,020	1,693
2007-02-23	$71.85	$64.75	14.7%	4.2%	12.5%	0.0%	14.9%	0.6%	0.1%	1.1M	-21.2M	-46.9K	1.07	69.43	175	188	4,239	1,693
2007-02-26	$72.50	$64.75	14.9%	4.3%	12.5%	0.0%	14.4%	1.7%	0.3%	1.0M	-22.3M	-47.5K	1.31	19.98	86	114	4,335	1,807
2007-02-27	$69.01	$64.75	19.5%	5.6%	22.4%	0.0%	19.6%	7.8%	-1.1%	1.1M	-12.8M	-55.1K	0.54	87.52	339	183	4,361	1,879
2007-02-28	$69.20	$64.75	17.3%	5.0%	22.3%	0.0%	17.4%	4.3%	-0.2%	1.3M	-13.2M	-56.0K	1.06	72.26	222	236	4,402	1,949