APD Options History — October 2016

In October 2016, APD traded between $132.30 and $140.37. ATM implied volatility averaged 22.0%, placing in the 33.8% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 8.1% (HV 20d: 13.9%). Max pain ranged from $135.00 to $150.00. Net GEX was positive for 4 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.79.

Notable Days

  • 2016-10-14: Highest Volume — 3,900 contracts
  • 2016-10-04: Largest IV drop — 44.6% change
  • 2016-10-03: Highest IV Rank — 83.2%
  • 2016-10-03: Largest Expected Move — 10.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$134.44$132.30$140.37$140.37$133.45
Max Pain$137.14$135.00$150.00$150.00$135.00
ATM IV22.0%18.6%35.9%35.9%20.1%
Expected Move6.5%5.4%10.3%10.3%5.8%
HV 20d13.9%12.6%15.9%14.3%12.6%
HV 60d12.0%11.1%12.4%11.1%12.3%
IV Rank33.8%20.9%83.2%83.2%31.6%
IV Percentile47.1%21.8%99.6%99.6%36.1%
Term Structure-2.2%-22.8%4.7%-22.8%-1.5%
VWIV23.2%17.1%43.4%43.4%20.7%
Skew 25d4.3%-8.5%6.1%-8.5%3.6%
Skew 10d9.9%4.6%13.5%10.8%9.4%
Call IV 25d20.7%16.9%25.4%25.4%20.0%
Put IV 25d25.1%16.9%28.3%16.9%23.6%
Bid-Ask Spread %60.4420.1395.7692.7991.75
Gamma HHI0.230.160.380.160.19
Net GEX-957.9K-3.7M2.5M2.5M-258.9K
Net DEX20.7M-31.9M54.2M-31.9M6.0M
Net VEX-228.7K-467.8K-129.2K-467.8K-144.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.361.901.091.90
Total Volume2,860.6191,8963,9001,8963,556
Total OI20,369.23815,14728,49428,49415,527

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2016-10-03$140.37$150.0035.9%10.3%14.3%83.2%43.4%-8.5%-22.8%2.5M-31.9M-467.8K1.0992.7990898812,29016,204
2016-10-04$137.37$150.0019.9%5.7%15.9%25.6%18.2%5.0%4.6%-3.7M54.2M-374.7K0.6191.341,55395411,86915,873
2016-10-05$136.89$150.0019.3%5.5%15.9%23.4%17.1%3.8%4.7%-969.2K26.9M-294.8K0.7995.761,13989511,75912,290
2016-10-06$136.90$135.0018.8%6.7%15.8%21.6%22.7%5.8%-1.5%-917.4K25.9M-311.2K0.5820.131,8411,07711,99011,983
2016-10-07$135.10$135.0018.7%6.5%14.0%21.3%22.3%5.7%-0.9%-1.5M32.9M-297.9K0.5321.841,9691,03411,21911,965
2016-10-10$135.31$135.0018.6%6.5%13.8%20.9%22.2%4.9%-1.6%-1.2M27.2M-274.4K0.7122.431,7431,23411,49111,860
2016-10-11$132.67$135.0019.5%6.6%13.8%24.1%24.9%5.2%-1.4%-1.5M37.0M-273.4K1.7722.141,3012,30711,71911,896
2016-10-12$132.86$135.0022.6%6.5%13.7%35.4%22.9%4.9%-1.9%-3.0M48.5M-283.2K0.7640.082,1001,59810,34513,040
2016-10-13$132.49$135.0025.2%7.2%13.7%44.8%24.1%5.4%-2.3%-3.1M50.6M-282.6K0.4533.092,1639738,96513,124
2016-10-14$132.73$135.0022.4%6.4%13.8%34.7%22.0%5.1%-2.0%-1.7M29.0M-200.4K0.4733.442,6621,2389,22710,005
2016-10-17$132.30$135.0024.7%7.1%13.7%43.0%21.7%5.3%-2.3%-1.6M26.5M-172.2K0.3629.802,4728849,7629,675
2016-10-18$133.75$135.0022.4%6.4%14.3%34.5%22.1%4.9%-2.0%-1.1M20.8M-177.4K0.5931.581,54391110,2689,699
2016-10-19$133.98$135.0022.4%6.4%13.6%34.8%21.9%6.1%-2.4%-996.4K19.3M-160.9K0.6028.051,52692310,3388,487
2016-10-20$134.29$135.0022.7%6.5%13.6%35.7%27.3%4.8%-2.0%-564.0K17.5M-158.5K0.9478.741,5751,48710,2998,476
2016-10-21$134.29$135.0022.9%6.6%13.5%36.6%27.9%4.9%-2.4%-961.6K18.9M-156.1K0.9388.221,5521,44510,3228,756
2016-10-24$134.70$135.0022.8%6.5%13.3%36.0%22.4%4.3%-2.1%300.3K2.7M-168.5K0.6587.641,3969108,5126,635
2016-10-25$133.70$135.0022.3%6.4%13.4%34.2%20.2%4.5%-2.1%240.4K4.2M-164.4K0.6589.641,3168538,7316,661
2016-10-26$132.90$135.0023.5%6.8%13.2%38.8%26.5%6.1%-3.1%89.0K7.5M-160.0K0.8685.951,6721,4328,7446,667
2016-10-27$133.49$135.0018.8%5.4%13.0%21.7%18.1%4.2%-0.9%-77.1K5.7M-129.2K0.6390.471,5429758,7786,780
2016-10-28$133.78$135.0019.2%5.5%13.1%27.8%19.3%5.1%-1.1%-255.6K6.2M-149.4K0.7594.331,3871,0398,6026,921
2016-10-31$133.45$135.0020.1%5.8%12.6%31.6%20.7%3.6%-1.5%-258.9K6.0M-144.6K1.9091.751,2252,3318,6026,925