APD Options History — June 2016

In June 2016, APD traded between $124.78 and $135.87. ATM implied volatility averaged 19.3%, placing in the 12.1% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 4.5% (HV 20d: 14.8%). Max pain ranged from $120.26 to $129.51. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 3.07.

Notable Days

  • 2016-06-13: Highest Volume — 7,678 contracts
  • 2016-06-24: Largest IV spike — 36.2% change
  • 2016-06-27: Highest IV Rank — 42.9%
  • 2016-06-27: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$132.47$124.78$135.87$133.12$131.33
Max Pain$129.09$120.26$129.51$120.26$129.51
ATM IV19.3%17.6%26.8%17.7%18.3%
Expected Move5.5%5.1%7.7%5.1%5.2%
HV 20d14.8%11.1%26.2%12.7%26.2%
HV 60d15.1%13.2%18.3%15.4%18.3%
IV Rank12.1%4.7%42.9%8.8%7.3%
IV Percentile12.5%1.6%72.6%2.8%5.2%
Term Structure2.6%0.0%4.5%0.7%3.8%
VWIV20.8%18.5%27.5%20.9%18.8%
Skew 25d5.1%3.5%7.7%3.6%4.2%
Skew 10d10.6%8.3%14.3%10.4%13.7%
Call IV 25d17.7%15.7%24.1%16.7%16.2%
Put IV 25d22.8%19.9%31.7%20.4%20.4%
Bid-Ask Spread %55.6112.4997.0490.5797.04
Gamma HHI0.230.120.500.260.15
Net GEX2.7M-2.0M7.1M5.3M-617.9K
Net DEX-50.0M-108.8M36.4M-82.8M-590.6K
Net VEX-419.9K-501.0K-354.5K-408.4K-491.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.070.725.864.490.72
Total Volume5,080.5911,9577,6786,1112,879
Total OI35,959.72721,71944,22941,10827,501

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2016-06-01$133.12$120.2617.7%5.1%12.7%8.8%20.9%3.6%0.7%5.3M-82.8M-408.4K4.4990.571,1124,99915,71925,389
2016-06-02$132.60$129.5119.1%5.2%12.8%14.4%20.2%4.4%2.6%5.2M-77.3M-394.1K5.0413.879344,71015,75725,663
2016-06-03$132.57$129.5118.1%5.1%12.7%6.8%20.5%3.9%3.1%5.3M-76.6M-410.2K4.7216.051,0064,74815,76925,732
2016-06-06$134.72$129.5118.6%5.2%13.6%8.7%19.0%4.5%2.8%5.8M-98.3M-386.5K4.1320.431,2255,06415,78825,795
2016-06-07$134.38$129.5118.1%5.2%12.8%6.5%21.0%4.7%2.8%5.7M-95.1M-380.9K5.8616.411,0366,06415,81426,203
2016-06-08$135.87$129.5117.9%5.1%12.8%5.8%19.1%3.9%3.0%5.1M-108.8M-359.6K3.5618.661,3674,87315,87127,350
2016-06-09$135.67$129.5118.0%5.2%11.7%6.2%19.7%4.4%2.7%5.1M-107.2M-354.5K4.1220.221,1794,85515,90327,546
2016-06-10$135.41$129.5118.5%5.3%11.6%8.4%19.3%4.6%2.6%4.8M-102.6M-381.8K3.9218.771,2264,80615,89827,670
2016-06-13$133.13$129.5119.4%5.6%12.4%12.1%23.5%6.1%2.4%4.4M-79.6M-387.8K5.2312.491,2336,44515,93127,827
2016-06-14$133.03$129.5120.1%5.8%11.8%15.0%22.1%5.7%1.8%4.7M-73.3M-391.0K4.7617.781,2325,86816,00028,032
2016-06-15$132.84$129.5119.2%5.5%11.6%11.3%20.4%5.0%2.0%5.5M-78.6M-383.6K4.8121.201,2315,92716,02528,181
2016-06-16$133.57$129.5119.5%5.6%11.3%12.4%20.6%5.5%2.8%7.1M-84.7M-381.3K2.9382.691,5904,65216,08128,148
2016-06-17$132.50$129.5118.5%5.3%11.7%8.3%19.6%5.3%3.4%401.2K-73.5M-361.8K1.9485.282,4284,70016,03328,158
2016-06-20$133.17$129.5117.7%5.1%11.8%5.2%19.1%6.1%4.5%719.8K-19.2M-381.8K2.7883.781,4554,0518,26913,450
2016-06-21$132.54$129.5118.2%5.2%11.9%6.9%18.5%5.5%3.6%38.0K-5.9M-457.5K0.9384.301,4741,3648,67116,651
2016-06-22$132.83$129.5118.6%5.3%11.1%8.8%21.5%5.9%3.0%166.9K-4.4M-501.0K0.9986.099839749,06717,046
2016-06-23$135.11$129.5117.6%5.1%12.6%4.7%21.0%5.6%3.4%723.2K-19.9M-458.2K0.9690.181,1191,0719,12917,175
2016-06-24$129.92$129.5124.0%6.9%18.9%31.1%21.8%7.3%1.5%-592.8K8.8M-480.8K1.3188.721,1981,5719,11617,104
2016-06-27$124.78$129.5126.8%7.7%23.5%42.9%27.5%7.7%0.0%-2.0M36.4M-500.8K1.0387.611,4851,5349,07917,126
2016-06-28$126.44$129.5122.3%6.4%24.2%24.3%22.6%4.9%1.8%-1.9M29.2M-493.4K1.8182.801,2032,1789,05717,222
2016-06-29$128.90$129.5118.8%5.4%25.2%9.6%20.1%3.5%3.7%-1.3M14.0M-491.2K1.4988.491,0951,6299,11218,056
2016-06-30$131.33$129.5118.3%5.2%26.2%7.3%18.8%4.2%3.8%-617.9K-590.6K-491.1K0.7297.041,6771,2029,00418,497