APD Options History — October 2014

In October 2014, APD traded between $110.22 and $124.51. ATM implied volatility averaged 31.8%, placing in the 68.3% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 3.9% (HV 20d: 27.9%). Max pain ranged from $120.26 to $120.26. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 1.18.

Notable Days

  • 2014-10-15: Highest Volume — 14,801 contracts
  • 2014-10-13: Largest IV spike — 40.3% change
  • 2014-10-07: Highest IV Rank — 100.0%
  • 2014-10-15: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$118.27$110.22$124.51$117.00$124.51
Max Pain$120.26$120.26$120.26$120.26$120.26
ATM IV31.8%23.8%47.3%26.9%23.9%
Expected Move7.5%6.6%8.3%6.8%7.0%
HV 20d27.9%23.1%31.0%23.1%31.0%
HV 60d21.0%18.8%23.1%18.8%22.7%
IV Rank68.3%26.6%100.0%82.8%27.1%
IV Percentile95.5%81.0%100.0%97.6%81.3%
Term Structure-2.6%-6.6%1.5%-0.9%0.2%
VWIV26.6%23.9%29.2%25.0%25.3%
Skew 25d4.3%1.4%8.9%3.4%2.5%
Skew 10d8.5%2.5%19.9%6.1%3.6%
Call IV 25d29.1%23.3%34.5%26.0%23.3%
Put IV 25d33.5%25.3%41.6%29.4%25.8%
Bid-Ask Spread %34.8127.2245.2340.1233.31
Gamma HHI0.270.200.320.300.29
Net GEX14.9M7.3M25.9M20.3M15.0M
Net DEX-131.5M-288.3M48.6M-98.7M-288.3M
Net VEX-1.7M-1.9M-1.5M-1.8M-1.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.180.082.951.160.41
Total Volume5,656.56545414,8012,3867,145
Total OI97,806.56574,378119,184109,24880,578

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-10-01$117.00$120.2626.9%6.8%23.1%82.8%25.0%3.4%-0.9%20.3M-98.7M-1.8M1.1640.121,1051,28179,59829,650
2014-10-02$117.87$120.2627.9%6.9%23.4%90.4%23.9%4.4%0.2%22.2M-119.3M-1.9M0.7834.111,12987879,09230,749
2014-10-03$118.93$120.2624.7%6.6%23.7%67.6%24.0%3.4%1.5%24.9M-145.8M-1.9M1.1737.9555564879,79431,381
2014-10-06$119.03$120.2624.7%6.8%23.6%67.5%0.0%2.9%-2.4%25.9M-145.4M-1.8M0.4333.2031813679,93031,530
2014-10-07$116.42$120.2629.4%6.9%24.4%100.0%26.5%1.5%-2.3%19.7M-84.0M-1.7M2.9533.177112,09580,00431,630
2014-10-08$117.24$120.2629.8%7.2%24.1%100.0%24.9%4.9%-2.1%19.7M-66.8M-1.8M1.1337.803,8404,32980,31533,472
2014-10-09$113.73$120.2630.3%7.2%24.9%100.0%25.7%3.5%-2.4%11.5M748.6K-1.6M1.0538.713,6043,79480,75333,689
2014-10-10$114.14$120.2633.8%7.5%25.0%100.0%26.5%4.7%-2.3%12.1M-1.3M-1.6M0.9231.473,3673,11380,84434,804
2014-10-13$110.22$120.2647.3%8.1%27.4%100.0%27.8%1.8%-3.6%7.3M48.6M-1.5M0.7639.743,8852,96280,89234,857
2014-10-14$112.88$120.2640.0%8.1%27.9%77.0%27.5%6.4%-2.1%7.8M39.6M-1.5M0.5236.716,0493,15281,07835,137
2014-10-15$116.69$120.2646.7%8.3%30.9%98.1%27.7%8.9%-5.2%16.5M-87.4M-1.8M0.2545.2311,8082,99384,10733,129
2014-10-16$118.14$120.2637.3%8.3%30.6%68.9%27.2%7.6%-6.6%23.8M-154.9M-1.8M0.0835.249,99782586,28232,902
2014-10-17$119.34$120.2634.9%8.3%30.6%61.2%28.1%6.5%-5.2%14.9M-129.7M-1.7M2.2533.561,6863,80074,22632,809
2014-10-20$120.19$120.2634.0%8.2%30.7%58.6%29.2%5.8%-4.5%9.7M-186.7M-1.7M1.0229.762,6582,72050,12524,253
2014-10-21$121.25$120.2632.4%8.0%30.9%53.6%28.4%5.1%-2.7%10.9M-208.7M-1.8M1.5532.631,9523,02950,81324,298
2014-10-22$119.93$120.2631.5%7.7%30.4%50.8%27.4%2.9%-3.9%10.7M-200.8M-1.7M1.6328.411,5992,60750,91324,859
2014-10-23$119.66$120.2631.1%7.7%29.6%49.5%27.4%4.1%-3.4%10.5M-189.1M-1.7M1.3631.921,8412,51051,07725,612
2014-10-24$121.65$120.2630.8%7.5%29.9%48.6%27.3%6.7%-3.8%11.7M-211.7M-1.8M2.0329.101,3162,67751,54725,703
2014-10-27$118.58$120.2630.8%7.8%30.9%48.7%27.4%4.3%-3.2%10.0M-160.5M-1.7M1.2027.221,7662,12251,81026,223
2014-10-28$119.91$120.2631.1%7.8%30.2%49.5%27.3%3.3%-3.3%11.0M-185.4M-1.7M1.0033.431,8391,83952,38226,256
2014-10-29$119.20$120.2629.3%7.5%28.4%43.7%26.9%3.5%-2.8%10.8M-163.2M-1.7M0.8439.524,8344,06552,54326,293
2014-10-30$123.64$120.2623.8%7.1%31.0%26.6%25.1%1.4%0.1%15.5M-284.6M-1.8M2.5438.191,5613,96154,84026,772
2014-10-31$124.51$120.2623.9%7.0%31.0%27.1%25.3%2.5%0.2%15.0M-288.3M-1.7M0.4133.315,0772,06853,33227,246