APD Options History — June 2017

In June 2017, APD traded between $142.00 and $146.86. ATM implied volatility averaged 14.9%, placing in the 9.0% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 3.2% (HV 20d: 11.7%). Max pain ranged from $135.00 to $145.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 1.29.

Notable Days

  • 2017-06-02: Highest Volume — 4,638 contracts
  • 2017-06-14: Largest IV drop — 19.2% change
  • 2017-06-13: Highest IV Rank — 27.9%
  • 2017-06-29: Largest Expected Move — 4.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$144.67$142.00$146.86$145.00$143.71
Max Pain$144.09$135.00$145.00$135.00$145.00
ATM IV14.9%13.5%19.2%14.7%13.8%
Expected Move4.2%3.9%4.5%4.2%4.0%
HV 20d11.7%10.1%13.9%10.6%13.8%
HV 60d11.9%11.4%12.4%11.9%12.4%
IV Rank9.0%3.0%27.9%8.4%4.5%
IV Percentile15.6%1.6%69.8%10.3%4.4%
Term Structure2.7%0.3%4.2%0.3%3.7%
VWIV14.7%12.5%16.8%14.8%16.8%
Skew 25d2.5%1.9%3.3%1.9%2.3%
Skew 10d5.2%4.1%6.8%4.6%4.7%
Call IV 25d13.6%12.8%14.6%14.3%13.1%
Put IV 25d16.1%15.1%17.3%16.2%15.4%
Bid-Ask Spread %18.287.7537.1012.6818.15
Gamma HHI0.320.220.820.280.24
Net GEX10.0M3.0M50.1M9.7M4.5M
Net DEX-52.5M-98.3M-12.5M-73.8M-22.9M
Net VEX-423.1K-444.3K-388.1K-444.3K-433.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.290.262.251.051.53
Total Volume1,953.2731,0854,6382,1611,697
Total OI27,293.86421,01231,87730,33523,964

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-06-01$145.00$135.0014.7%4.2%10.6%8.4%14.8%1.9%0.3%9.7M-73.8M-444.3K1.0512.681,0541,10715,00815,327
2017-06-02$146.86$135.0014.6%4.2%11.3%8.1%13.6%2.0%0.7%11.0M-98.3M-436.7K0.3215.633,5201,11815,19315,332
2017-06-05$145.23$145.0015.4%4.3%10.3%11.2%14.9%2.6%2.1%10.8M-81.5M-442.3K1.6611.336921,15215,51015,405
2017-06-06$144.26$145.0014.8%4.3%10.2%8.6%15.4%2.7%2.3%10.6M-70.7M-441.7K1.0819.3463568415,62115,505
2017-06-07$143.77$145.0014.5%4.2%10.1%7.3%15.5%2.9%2.5%10.6M-63.8M-430.6K1.1418.6761870615,70215,540
2017-06-08$143.50$145.0014.6%4.2%10.1%8.0%15.3%2.7%2.6%10.5M-60.3M-422.9K1.3915.4654776315,80215,634
2017-06-09$145.59$145.0015.4%4.4%11.0%11.3%15.3%3.3%2.2%11.8M-85.7M-424.5K0.6724.511,36291615,81315,654
2017-06-12$144.31$145.0018.1%4.3%11.5%22.9%14.9%2.5%2.5%11.6M-67.9M-419.4K0.9118.8897088215,80715,599
2017-06-13$146.02$145.0019.2%4.5%11.9%27.9%16.0%2.6%2.0%12.7M-88.5M-411.0K1.5420.9952480715,76415,655
2017-06-14$145.26$145.0015.5%4.5%12.0%12.0%15.4%2.7%2.3%14.1M-79.9M-407.3K1.1325.0775685615,78615,649
2017-06-15$145.22$145.0015.5%4.5%11.3%12.0%14.5%2.8%2.3%17.1M-80.4M-400.2K0.4221.501,56466016,08615,655
2017-06-16$145.08$145.0014.8%4.2%11.3%8.9%15.0%2.5%2.6%50.1M-80.8M-388.1K0.2623.893,57791816,16115,716
2017-06-19$146.07$145.0014.1%4.0%11.5%5.9%13.8%2.4%3.3%4.3M-32.3M-431.8K1.9718.365881,1569,69511,317
2017-06-20$144.70$145.0013.9%4.0%12.1%5.1%14.3%2.2%3.2%3.7M-23.2M-430.3K2.1914.474691,0299,84611,787
2017-06-21$143.38$145.0013.7%3.9%12.5%4.1%13.8%2.5%3.8%3.0M-15.9M-412.3K2.2517.574631,0429,83811,836
2017-06-22$144.33$145.0013.9%4.0%12.2%4.8%14.3%2.3%3.3%3.4M-19.8M-426.3K2.2017.664801,0589,84411,869
2017-06-23$144.64$145.0013.6%3.9%12.2%3.6%12.5%2.4%4.0%3.6M-22.3M-415.8K0.5237.101,9691,0329,94811,899
2017-06-26$144.87$145.0013.7%3.9%12.2%4.2%14.2%2.5%4.0%4.8M-26.4M-424.8K1.567.756511,01611,34411,903
2017-06-27$144.21$145.0013.8%3.9%12.3%4.3%14.1%2.2%3.9%4.3M-23.2M-419.3K1.8113.735631,02011,37311,922
2017-06-28$144.75$145.0013.5%3.9%12.3%3.0%13.9%2.3%4.2%4.8M-25.8M-421.9K1.279.2347960611,61511,952
2017-06-29$142.00$145.0015.7%4.5%13.9%12.8%14.9%2.7%2.8%3.3M-12.5M-423.5K1.4820.2551175511,60811,981
2017-06-30$143.71$145.0013.8%4.0%13.8%4.5%16.8%2.3%3.7%4.5M-22.9M-433.4K1.5318.156721,02511,68512,279