APD Options History — December 2016

In December 2016, APD traded between $143.54 and $149.59. ATM implied volatility averaged 17.5%, placing in the 20.7% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded above realized volatility by 5.3% (HV 20d: 12.2%). Max pain ranged from $140.00 to $145.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 1.53.

Notable Days

  • 2016-12-13: Highest Volume — 3,778 contracts
  • 2016-12-14: Largest IV drop — 16.8% change
  • 2016-12-13: Highest IV Rank — 31.3%
  • 2016-12-01: Largest Expected Move — 5.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$147.04$143.54$149.59$144.07$143.54
Max Pain$143.33$140.00$145.00$140.00$145.00
ATM IV17.5%16.3%20.0%18.4%17.2%
Expected Move4.9%4.6%5.3%5.3%4.9%
HV 20d12.2%10.6%14.9%14.5%11.9%
HV 60d13.5%12.9%14.6%14.6%12.9%
IV Rank20.7%15.2%31.3%24.5%19.3%
IV Percentile20.4%11.5%45.2%24.2%20.2%
Term Structure1.9%-6.1%4.8%-0.9%4.8%
VWIV18.4%16.3%27.3%19.0%20.4%
Skew 25d3.3%2.3%4.8%2.3%3.1%
Skew 10d6.8%4.0%13.0%6.0%6.2%
Call IV 25d16.4%15.0%18.0%18.0%17.4%
Put IV 25d19.6%18.4%20.5%20.3%20.5%
Bid-Ask Spread %61.2725.6497.9597.9591.96
Gamma HHI0.200.160.300.190.16
Net GEX835.7K-545.9K1.9M674.0K-545.9K
Net DEX-21.2M-37.5M-2.0M-10.7M-2.0M
Net VEX-204.1K-229.7K-168.2K-204.1K-221.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.530.614.861.100.96
Total Volume1,863.7141,2053,7782,2511,205
Total OI13,556.23812,41215,89513,15213,872

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2016-12-01$144.07$140.0018.4%5.3%14.5%24.5%19.0%2.3%-0.9%674.0K-10.7M-204.1K1.1097.951,0731,1786,0977,055
2016-12-02$144.52$140.0017.9%5.1%14.1%22.0%17.4%2.8%-0.5%1.1M-16.3M-202.3K1.1495.239631,0966,2296,797
2016-12-05$147.15$140.0018.6%5.2%14.9%25.1%17.6%3.8%1.6%1.5M-28.6M-179.1K1.2732.768461,0776,2536,589
2016-12-06$146.40$140.0018.4%5.2%13.4%24.6%19.1%3.9%1.4%1.6M-25.9M-187.9K1.2632.068631,0846,2426,585
2016-12-07$148.25$140.0017.6%4.8%13.7%21.1%17.0%3.8%2.1%1.6M-30.8M-182.0K1.5328.007101,0856,2786,596
2016-12-08$149.11$140.0016.4%4.7%13.7%15.7%18.3%4.8%-1.7%1.8M-36.8M-170.0K1.8029.686221,1216,3036,462
2016-12-09$149.50$140.0017.0%4.6%12.1%18.2%17.2%3.5%2.5%1.8M-37.5M-168.5K2.4831.516631,6446,3156,480
2016-12-12$149.59$145.0019.0%4.8%11.1%26.9%17.5%3.6%-6.1%1.2M-37.4M-168.2K2.6825.645901,5846,4217,089
2016-12-13$149.28$145.0020.0%4.8%10.6%31.3%17.3%2.7%0.3%1.3M-33.7M-178.8K4.8627.116453,1336,4457,173
2016-12-14$148.38$145.0016.6%4.8%11.2%16.7%16.3%3.5%2.1%1.1M-29.3M-205.7K0.6130.051,5819636,4148,572
2016-12-15$148.87$145.0017.2%4.9%11.1%19.0%18.0%3.4%0.7%1.9M-34.7M-221.3K1.1128.127928827,2408,655
2016-12-16$147.57$145.0016.3%4.7%11.6%15.2%17.7%3.5%2.0%589.1K-30.2M-219.2K1.1826.517338627,2778,554
2016-12-19$147.48$145.0017.2%4.9%11.6%19.0%16.4%3.4%3.5%572.8K-14.9M-214.4K1.0073.757237234,6487,764
2016-12-20$147.45$145.0017.6%5.0%11.1%20.9%19.1%3.0%3.6%654.9K-15.2M-213.0K1.4891.706991,0374,7587,834
2016-12-21$147.31$145.0017.2%4.9%11.1%19.0%18.8%3.4%4.3%574.0K-15.4M-227.8K1.5492.686239575,0658,202
2016-12-22$146.22$145.0017.2%4.9%11.5%19.0%16.4%3.3%3.8%273.5K-11.5M-229.7K0.9788.848808535,1948,471
2016-12-23$146.35$145.0017.0%4.9%11.4%18.2%18.2%2.5%3.9%43.5K-10.4M-229.0K1.3490.876338505,0068,625
2016-12-27$147.29$145.0017.7%5.1%11.5%21.4%19.3%3.2%3.7%308.1K-13.0M-217.9K1.4392.345698155,0148,632
2016-12-28$145.08$145.0017.2%4.9%12.2%19.2%27.3%2.3%3.9%-147.8K-6.8M-220.8K1.3091.816268145,0278,650
2016-12-29$144.38$145.0016.9%4.9%11.9%18.0%18.7%3.0%4.0%-306.3K-4.9M-224.7K1.0988.056426995,0408,758
2016-12-30$143.54$145.0017.2%4.9%11.9%19.3%20.4%3.1%4.8%-545.9K-2.0M-221.1K0.9691.966165895,0748,798