APD Options History — October 2017

In October 2017, APD traded between $151.96 and $161.71. ATM implied volatility averaged 14.2%, placing in the 26.2% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded above realized volatility by 5.3% (HV 20d: 8.9%). Max pain ranged from $150.00 to $155.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.91.

Notable Days

  • 2017-10-05: Highest Volume — 2,263 contracts
  • 2017-10-11: Largest IV spike — 45.8% change
  • 2017-10-25: Highest IV Rank — 52.1%
  • 2017-10-25: Largest Expected Move — 5.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$154.58$151.96$161.71$151.96$159.46
Max Pain$150.68$150.00$155.00$150.00$155.00
ATM IV14.2%10.1%17.8%13.0%12.7%
Expected Move4.3%3.1%5.1%3.7%3.6%
HV 20d8.9%5.2%16.6%11.6%16.6%
HV 60d13.0%9.5%13.4%13.4%12.9%
IV Rank26.2%0.0%52.1%4.5%17.9%
IV Percentile32.6%0.0%75.0%6.3%6.7%
Term Structure-0.3%-2.8%6.1%3.8%0.2%
VWIV16.1%12.2%19.0%13.9%14.6%
Skew 25d2.4%1.7%3.3%2.6%2.7%
Skew 10d5.2%3.7%6.5%5.8%4.5%
Call IV 25d14.6%10.4%17.2%11.2%12.1%
Put IV 25d17.0%12.5%19.9%13.9%14.8%
Bid-Ask Spread %29.6011.6187.5512.3614.29
Gamma HHI0.210.180.240.180.23
Net GEX3.9M2.7M5.8M2.7M5.8M
Net DEX-58.5M-100.8M-41.4M-41.4M-90.7M
Net VEX-341.2K-382.8K-273.5K-360.4K-278.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.531.231.221.01
Total Volume1,455.5451,1382,2631,6371,418
Total OI23,062.81822,17623,73222,23623,194

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-10-02$151.96$150.0013.0%3.7%11.6%4.5%13.9%2.6%3.8%2.7M-41.4M-360.4K1.2212.367369018,65113,585
2017-10-03$153.11$150.0011.0%3.2%11.0%0.0%12.2%2.2%5.8%3.2M-49.3M-359.6K0.6912.901,0176988,78513,741
2017-10-04$152.88$150.0010.7%3.1%11.1%0.0%12.5%2.1%6.1%3.4M-49.5M-362.6K0.7111.618746199,12813,820
2017-10-05$153.28$150.0011.1%4.6%11.0%2.6%16.8%2.5%-0.9%3.5M-50.9M-359.2K0.5312.391,4777869,13613,862
2017-10-06$153.19$150.0010.1%4.5%11.1%0.0%16.8%3.3%-0.8%3.2M-48.8M-375.5K1.1411.866817788,86814,082
2017-10-09$152.76$150.0010.7%4.8%5.9%4.2%17.6%2.9%-1.1%2.9M-46.0M-382.8K1.2313.575536808,96214,092
2017-10-10$153.09$150.0010.9%4.7%5.9%5.7%16.6%2.5%-1.1%3.2M-48.9M-366.9K0.7914.269207288,98214,135
2017-10-11$152.86$150.0016.0%4.6%5.9%38.8%16.0%2.1%-0.7%3.1M-47.1M-372.9K0.6913.319826829,04514,238
2017-10-12$153.31$150.0016.2%4.7%5.7%40.7%16.5%2.5%-1.6%3.5M-50.5M-366.3K0.9312.206475999,10114,268
2017-10-13$153.42$150.0015.8%4.5%5.7%38.1%17.6%2.0%-0.9%3.8M-52.4M-358.6K0.8518.266315389,12114,300
2017-10-16$153.22$150.0016.3%4.7%5.6%41.9%17.4%2.3%-1.2%3.7M-50.3M-358.4K0.9818.116526429,24314,315
2017-10-17$153.45$150.0016.7%4.8%5.5%44.8%18.3%2.7%-1.8%3.9M-50.4M-353.8K1.0918.085956499,12414,404
2017-10-18$153.30$150.0016.7%4.8%5.5%44.9%16.9%2.1%-1.7%4.0M-50.2M-351.7K0.6618.598555609,13214,408
2017-10-19$152.74$150.0016.9%4.9%5.7%46.4%18.3%2.5%-2.3%3.5M-46.5M-352.2K0.9919.966096049,25914,473
2017-10-20$153.99$150.0016.7%4.8%6.0%44.8%18.0%2.7%-2.0%3.7M-55.3M-335.3K0.8114.006535329,25414,401
2017-10-23$153.61$150.0017.4%5.0%5.5%49.5%17.7%2.9%-2.3%3.6M-52.1M-329.9K0.7618.666454938,82613,350
2017-10-24$153.79$150.0017.6%5.1%5.2%51.3%19.0%2.7%-2.7%3.8M-52.8M-328.5K0.9372.817246718,88213,386
2017-10-25$154.77$150.0017.8%5.1%5.6%52.1%17.2%2.9%-2.8%4.1M-58.3M-319.6K0.9077.128477648,96113,472
2017-10-26$161.71$150.0012.8%3.7%16.2%18.7%12.7%1.7%0.2%5.1M-100.8M-277.7K0.8579.101,0939309,28013,721
2017-10-27$160.79$155.0012.0%3.5%16.4%13.2%13.4%1.7%0.7%5.6M-98.9M-282.8K1.1687.555916859,49013,726
2017-10-30$160.05$155.0012.5%3.6%16.6%16.3%13.5%2.0%0.3%5.8M-95.0M-273.5K1.0980.186156689,46513,714
2017-10-31$159.46$155.0012.7%3.6%16.6%17.9%14.6%2.7%0.2%5.8M-90.7M-278.4K1.0114.297057139,47113,723