APD Options History — April 2015

In April 2015, APD traded between $132.35 and $141.45. ATM implied volatility averaged 22.5%, placing in the 24.6% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 8.6% (HV 20d: 13.9%). Max pain ranged from $138.76 to $138.76. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.89.

Notable Days

  • 2015-04-30: Highest Volume — 11,925 contracts
  • 2015-04-08: Largest IV spike — 23.2% change
  • 2015-04-29: Highest IV Rank — 31.4%
  • 2015-04-29: Largest Expected Move — 7.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$139.64$132.35$141.45$138.67$132.35
Max Pain$138.76$138.76$138.76$138.76$138.76
ATM IV22.5%18.8%24.7%19.5%21.8%
Expected Move6.6%5.6%7.1%5.6%6.2%
HV 20d13.9%11.7%24.2%15.5%24.2%
HV 60d17.7%13.8%19.0%19.0%18.5%
IV Rank24.6%13.4%31.4%15.5%22.4%
IV Percentile60.4%22.6%82.9%28.2%53.2%
Term Structure-2.5%-4.7%4.2%4.2%-2.0%
VWIV23.0%19.8%25.4%19.8%22.7%
Skew 25d3.8%1.4%4.6%3.7%1.4%
Skew 10d7.6%2.7%9.8%7.2%2.7%
Call IV 25d21.3%18.4%23.2%18.4%22.4%
Put IV 25d25.1%22.1%26.2%22.1%23.8%
Bid-Ask Spread %20.6517.2223.5321.3617.22
Gamma HHI0.330.220.430.310.26
Net GEX7.7M2.7M10.5M5.4M2.7M
Net DEX-149.8M-177.6M-61.5M-130.1M-61.5M
Net VEX-975.5K-1.1M-869.4K-1.1M-869.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.273.130.650.58
Total Volume3,791.23822211,9253,61311,925
Total OI49,251.66737,74156,79956,42144,229

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-04-01$138.67$138.7619.5%5.6%15.5%15.5%19.8%3.7%4.2%5.4M-130.1M-1.1M0.6521.362,1901,42334,62021,801
2015-04-02$139.80$138.7618.8%6.7%15.8%13.4%22.8%4.4%-1.4%6.6M-145.0M-1.1M0.6719.601,5241,01933,31021,926
2015-04-06$140.67$138.7620.0%6.8%14.9%16.8%23.2%4.2%-1.7%8.7M-161.6M-1.0M0.7619.001,4371,09233,48621,915
2015-04-07$139.91$138.7619.0%6.8%14.6%14.1%22.6%4.0%-1.8%7.2M-149.5M-1.0M0.2720.134,8061,27733,48421,901
2015-04-08$139.66$138.7623.4%6.7%14.0%27.5%21.9%4.1%-1.9%7.9M-149.2M-1.0M0.4719.591517134,76422,035
2015-04-09$140.65$138.7623.5%6.7%14.1%27.5%23.8%4.6%-2.0%8.0M-162.6M-1.0M0.6922.901,6091,11232,75822,041
2015-04-10$140.43$138.7623.3%6.7%13.3%27.0%23.6%4.4%-2.1%7.5M-158.8M-1.0M0.7623.531,4841,12632,79422,045
2015-04-13$139.35$138.7623.3%6.7%13.2%26.9%24.8%4.0%-2.4%6.2M-146.5M-980.6K0.8321.061,3971,15732,88822,079
2015-04-14$140.54$138.7623.2%6.7%13.5%26.7%23.4%4.4%-2.6%8.3M-165.0M-967.9K0.8320.021,6141,33432,92622,092
2015-04-15$140.93$138.7623.2%6.6%13.6%26.6%22.8%4.1%-2.7%8.8M-169.5M-953.0K0.4522.112,6631,19032,91422,118
2015-04-16$140.15$138.7623.1%6.6%12.7%26.3%23.3%3.7%-3.0%7.7M-157.7M-940.1K0.8021.691,3371,07633,03922,123
2015-04-17$138.55$138.7622.5%6.4%12.1%24.5%22.6%4.5%-2.6%3.7M-127.2M-932.3K0.7519.312,4771,85733,13022,049
2015-04-20$140.13$138.7623.2%6.7%12.8%26.8%22.1%4.4%-3.3%8.0M-150.5M-941.5K0.5221.752,4071,26025,73612,005
2015-04-21$140.58$138.7623.2%6.7%12.7%26.7%21.0%4.1%-3.5%9.2M-163.3M-953.8K0.4821.631,69381426,95912,430
2015-04-22$140.12$138.7623.2%6.7%12.8%26.7%23.5%3.6%-3.5%9.0M-157.9M-946.9K0.6520.221,6311,05526,96612,447
2015-04-23$139.39$138.7623.6%6.8%12.4%28.0%23.1%3.3%-3.9%8.7M-151.4M-937.9K1.4320.251,3441,92127,07712,506
2015-04-24$138.74$138.7622.8%6.5%12.4%25.5%23.2%3.5%-3.1%8.3M-141.1M-942.1K1.3721.302,6503,64127,22013,488
2015-04-27$139.80$138.7624.2%6.9%12.1%29.7%25.4%3.3%-4.1%9.3M-155.7M-936.8K3.1320.541,1633,63927,96714,423
2015-04-28$141.45$138.7623.0%6.6%12.7%26.1%24.0%3.2%-4.4%10.5M-177.6M-952.2K1.5818.991,4332,26528,65414,532
2015-04-29$140.52$138.7624.7%7.1%11.7%31.4%23.5%3.0%-4.7%9.7M-164.5M-947.3K1.0621.392,1182,23428,63214,776
2015-04-30$132.35$138.7621.8%6.2%24.2%22.4%22.7%1.4%-2.0%2.7M-61.5M-869.4K0.5817.227,5434,38229,32314,906