APD Options History — August 2016

In August 2016, APD traded between $137.14 and $144.83. ATM implied volatility averaged 15.3%, placing in the 9.2% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded above realized volatility by 6.4% (HV 20d: 8.9%). Max pain ranged from $134.14 to $134.14. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 23 of 23 days. Put/call ratio averaged 1.38.

Notable Days

  • 2016-08-16: Highest Volume — 6,711 contracts
  • 2016-08-05: Largest IV drop — 7.0% change
  • 2016-08-31: Highest IV Rank — 13.7%
  • 2016-08-31: Largest Expected Move — 4.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$140.87$137.14$144.83$137.93$144.01
Max Pain$134.14$134.14$134.14$134.14$134.14
ATM IV15.3%14.1%16.6%15.4%16.6%
Expected Move4.4%4.0%4.7%4.4%4.7%
HV 20d8.9%6.5%16.1%16.1%7.9%
HV 60d18.3%18.0%19.1%19.1%18.0%
IV Rank9.2%4.9%13.7%9.5%13.7%
IV Percentile4.0%0.4%10.7%0.8%10.7%
Term Structure2.2%0.5%4.9%0.7%0.6%
VWIV16.7%14.0%19.6%15.6%18.1%
Skew 25d3.6%3.0%4.7%3.0%3.8%
Skew 10d8.1%4.6%10.3%8.2%8.8%
Call IV 25d14.4%13.0%15.6%14.6%15.6%
Put IV 25d18.0%16.6%19.4%17.7%19.4%
Bid-Ask Spread %38.9615.3194.7891.1594.78
Gamma HHI0.240.180.350.190.24
Net GEX4.3M2.4M7.1M2.8M4.6M
Net DEX-62.7M-101.5M-35.1M-39.7M-77.2M
Net VEX-460.0K-543.2K-385.8K-435.8K-524.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.380.125.591.621.57
Total Volume3,326.5222646,7113,4042,890
Total OI32,267.43530,21135,38230,21134,240

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2016-08-01$137.93$134.1415.4%4.4%16.1%9.5%15.6%3.0%0.7%2.8M-39.7M-435.8K1.6291.151,2972,10710,73419,477
2016-08-02$137.14$134.1415.7%4.5%14.6%10.7%16.5%3.3%0.6%2.4M-35.1M-440.9K1.5692.461,3312,07010,74919,513
2016-08-03$137.15$134.1415.5%4.4%14.6%9.7%16.6%3.5%0.5%2.5M-35.5M-436.9K1.7393.381,2032,07710,72719,568
2016-08-04$137.77$134.1415.6%4.6%14.6%10.2%17.1%4.7%3.5%2.7M-38.4M-441.8K1.5021.291,4242,13110,71819,615
2016-08-05$138.01$134.1414.5%4.5%9.2%6.3%17.4%3.9%3.8%3.1M-41.9M-422.0K1.8319.251,3112,39410,81519,650
2016-08-08$137.56$134.1414.7%4.4%9.3%6.8%18.4%3.5%3.3%3.1M-38.5M-423.2K1.3623.591,2501,70410,82719,909
2016-08-09$137.87$134.1414.1%4.4%7.0%5.0%16.9%3.4%3.7%3.3M-39.7M-416.2K1.5917.631,0701,70010,85519,936
2016-08-10$137.78$134.1414.6%4.2%7.0%6.8%17.1%3.4%4.8%3.5M-40.2M-415.0K1.4620.611,3261,93510,89119,978
2016-08-11$137.82$134.1414.1%4.0%6.5%4.9%16.1%3.7%4.1%4.0M-42.6M-394.0K1.1021.751,9102,09811,10220,080
2016-08-12$138.63$134.1414.4%4.1%6.8%5.8%16.3%3.3%4.9%4.6M-48.4M-412.6K0.6718.672,7461,83811,12220,150
2016-08-15$140.14$134.1415.2%4.4%7.8%8.9%15.8%3.9%4.2%5.7M-65.3M-385.8K1.4018.151,7472,43912,01520,215
2016-08-16$141.37$134.1415.5%4.4%8.2%9.8%17.1%3.0%4.0%5.2M-73.6M-407.2K0.2820.395,2621,44912,03820,876
2016-08-17$142.20$134.1415.8%4.5%8.4%10.8%16.9%3.7%1.5%6.3M-86.2M-465.4K0.4936.511969513,61621,178
2016-08-18$143.36$134.1415.8%4.5%8.0%11.1%16.5%4.3%1.3%7.1M-92.7M-480.5K0.1216.132,24425813,63921,269
2016-08-19$144.06$134.1415.9%4.5%8.0%11.1%14.0%3.3%1.3%4.4M-101.5M-486.3K0.2920.714,1591,22513,98821,394
2016-08-22$143.91$134.1415.6%4.5%8.0%10.0%14.5%3.8%0.7%5.2M-80.9M-495.1K0.4921.972,4431,19313,15418,658
2016-08-23$143.88$134.1415.1%4.3%7.4%8.4%15.1%3.4%0.9%5.1M-81.5M-501.4K0.4816.792,5181,21813,32018,857
2016-08-24$143.58$134.1415.0%4.3%6.9%8.1%15.1%3.9%1.3%4.9M-76.2M-507.9K5.5915.314022413,34919,060
2016-08-25$143.98$134.1415.3%4.4%6.9%9.3%17.2%3.8%1.7%4.9M-80.2M-504.1K2.2317.771,1322,52413,40719,212
2016-08-26$142.91$134.1415.9%4.5%7.7%11.2%18.2%4.0%0.8%4.0M-65.5M-543.2K1.4715.411,1241,65313,50320,434
2016-08-29$144.15$134.1416.2%4.6%7.9%12.4%19.6%3.6%1.2%4.6M-79.1M-514.6K1.4489.371,1321,62513,56920,564
2016-08-30$144.83$134.1416.2%4.6%7.4%12.3%17.5%3.3%0.9%4.9M-83.1M-526.3K1.4193.011,1611,63713,59920,581
2016-08-31$144.01$134.1416.6%4.7%7.9%13.7%18.1%3.8%0.6%4.6M-77.2M-524.3K1.5794.781,1261,76413,62320,617