APD Options History — August 2015

In August 2015, APD traded between $123.69 and $137.12. ATM implied volatility averaged 25.6%, placing in the 34.1% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded below realized volatility by 2.9% (HV 20d: 28.5%). Max pain ranged from $120.26 to $129.51. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 1.31.

Notable Days

  • 2015-08-20: Highest Volume — 7,202 contracts
  • 2015-08-24: Largest IV spike — 36.3% change
  • 2015-08-24: Highest IV Rank — 68.6%
  • 2015-08-24: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$132.52$123.69$137.12$134.95$129.27
Max Pain$126.21$120.26$129.51$120.26$129.51
ATM IV25.6%21.4%37.0%22.4%32.0%
Expected Move7.3%6.1%10.6%6.4%9.2%
HV 20d28.5%21.6%32.3%31.0%21.6%
HV 60d22.3%21.5%24.1%21.8%23.9%
IV Rank34.1%21.2%68.6%24.3%53.5%
IV Percentile70.0%40.9%98.4%57.1%95.6%
Term Structure-0.6%-3.9%1.4%-1.1%-3.3%
VWIV25.8%20.9%38.2%22.7%31.8%
Skew 25d3.3%1.5%7.1%1.6%6.1%
Skew 10d6.5%2.3%16.4%3.1%12.0%
Call IV 25d24.6%20.5%37.6%21.8%29.8%
Put IV 25d27.9%22.6%40.7%23.4%35.9%
Bid-Ask Spread %44.5226.8483.7479.4347.15
Gamma HHI0.190.160.240.200.17
Net GEX8.6M3.7M11.5M8.7M6.4M
Net DEX-160.7M-221.7M-44.3M-210.9M-105.0M
Net VEX-861.8K-887.7K-827.1K-884.4K-862.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.310.042.880.141.62
Total Volume4,640.2385477,2024,4413,008
Total OI46,871.85744,22152,61144,58247,353

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-08-03$134.95$120.2622.4%6.4%31.0%24.3%22.7%1.6%-1.1%8.7M-210.9M-884.4K0.1479.433,89754429,72514,857
2015-08-04$134.99$124.8821.5%6.2%31.0%21.6%23.7%1.5%-0.0%9.5M-200.6M-865.1K1.1382.362,3592,66329,13715,084
2015-08-05$136.40$124.8821.8%6.2%29.0%22.3%22.9%1.8%-0.6%9.5M-217.1M-841.6K1.2383.742,1372,63329,17015,148
2015-08-06$136.01$124.8822.3%6.2%28.9%23.9%21.3%2.2%1.2%9.6M-214.0M-837.8K1.7638.872,1143,71629,21515,166
2015-08-07$135.25$124.8822.2%6.2%27.9%23.6%22.1%2.5%1.1%9.3M-195.9M-880.0K1.2130.932,9283,54029,25916,243
2015-08-10$137.12$124.8821.8%6.1%28.2%22.4%21.2%2.8%1.4%10.2M-221.7M-863.6K0.6735.433,5552,38029,88116,228
2015-08-11$135.71$124.8823.8%6.6%28.6%28.5%22.3%2.6%0.5%10.6M-205.0M-878.3K0.1833.374648330,66816,264
2015-08-12$134.54$124.8823.4%6.7%28.9%27.2%23.7%2.4%0.7%10.1M-191.9M-887.7K0.7834.983,1052,42830,75716,290
2015-08-13$134.99$124.8822.8%6.5%28.9%25.5%23.1%2.2%0.9%10.8M-196.4M-887.3K1.1231.132,4252,70631,04716,343
2015-08-14$135.69$124.8822.7%6.5%28.7%25.1%24.0%2.9%0.6%10.6M-203.8M-871.3K1.0929.932,2112,40131,06916,716
2015-08-17$135.77$124.8822.9%6.6%28.4%25.7%22.9%3.0%0.5%11.0M-206.4M-851.8K1.1626.842,1282,47831,14416,718
2015-08-18$135.06$124.8821.9%6.3%27.9%22.7%21.8%1.7%1.2%11.5M-200.0M-827.1K1.0328.502,6502,73631,18016,740
2015-08-19$133.81$124.8821.4%6.1%28.1%21.2%20.9%2.4%1.4%11.4M-184.0M-836.1K0.0436.883,43812931,48116,721
2015-08-20$130.01$124.8824.6%7.1%30.4%30.9%25.5%2.5%0.0%10.1M-132.9M-854.8K2.3730.002,1355,06734,11216,725
2015-08-21$127.36$129.5127.1%7.8%30.5%38.6%28.1%3.1%-1.0%5.2M-83.0M-868.3K1.3329.712,3383,10233,63418,977
2015-08-24$123.69$129.5137.0%10.6%32.3%68.6%38.2%3.1%-2.8%3.7M-44.3M-839.3K2.8675.731,1383,25529,58616,001
2015-08-25$125.16$129.5133.0%9.5%30.7%56.5%33.1%5.9%-3.7%4.4M-63.4M-838.4K2.8838.231,3873,99529,65015,815
2015-08-26$127.27$129.5132.8%9.4%31.1%55.8%32.9%7.1%-3.9%5.1M-78.0M-862.9K1.6358.221,5762,57530,10416,218
2015-08-27$129.81$129.5130.4%8.7%23.4%48.5%29.8%6.2%-2.5%6.4M-105.2M-880.0K1.6336.511,1131,81230,61216,166
2015-08-28$129.96$129.5130.5%8.7%23.4%48.8%30.6%5.4%-2.6%6.6M-114.5M-879.4K1.5947.071,1971,89930,76416,341
2015-08-31$129.27$129.5132.0%9.2%21.6%53.5%31.8%6.1%-3.3%6.4M-105.0M-862.8K1.6247.151,1491,85930,89216,461