APD Options History — October 2018

In October 2018, APD traded between $149.33 and $170.10. ATM implied volatility averaged 23.3%, placing in the 67.2% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 7.6% (HV 20d: 15.6%). Max pain ranged from $150.00 to $170.00. Net GEX was positive for 14 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 0.67.

Notable Days

  • 2018-10-30: Highest Volume — 3,788 contracts
  • 2018-10-10: Largest IV spike — 31.1% change
  • 2018-10-24: Highest IV Rank — 100.0%
  • 2018-10-29: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$159.20$149.33$170.10$168.75$154.87
Max Pain$167.17$150.00$170.00$170.00$150.00
ATM IV23.3%14.2%33.2%14.5%29.7%
Expected Move6.8%4.1%9.5%4.2%8.5%
HV 20d15.6%8.9%21.9%10.6%21.9%
HV 60d16.1%14.6%17.4%14.9%17.4%
IV Rank67.2%22.2%100.0%23.9%84.8%
IV Percentile81.4%25.4%100.0%31.7%98.4%
Term Structure-2.9%-7.3%3.2%2.8%-5.9%
VWIV23.7%15.7%31.7%17.5%31.7%
Skew 25d4.0%1.8%6.2%2.1%6.1%
Skew 10d8.8%5.4%14.9%6.2%13.3%
Call IV 25d22.1%13.6%31.3%14.2%27.4%
Put IV 25d26.1%15.5%35.5%16.2%33.5%
Bid-Ask Spread %24.0616.0842.3321.2720.87
Gamma HHI0.150.120.180.170.18
Net GEX1.2M-823.2K4.7M4.2M2.1M
Net DEX2.3M-54.6M37.2M-46.0M-339.8K
Net VEX-303.2K-348.9K-246.7K-348.9K-312.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.211.270.540.28
Total Volume1,618.3919753,7881,2172,441
Total OI16,951.69615,46219,04016,29019,040

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-10-01$168.75$170.0014.5%4.2%10.6%23.9%17.5%2.1%2.8%4.2M-46.0M-348.9K0.5421.277904279,3046,986
2018-10-02$170.10$165.0014.2%4.1%9.9%22.6%15.7%2.0%3.1%4.7M-54.6M-345.1K0.7517.806134629,4437,036
2018-10-03$169.73$170.0014.2%4.1%9.7%22.2%16.3%1.8%3.2%4.7M-52.7M-344.8K0.6516.087044579,4637,070
2018-10-04$169.17$170.0014.8%5.1%9.8%25.8%18.6%3.0%-1.0%4.5M-48.0M-348.6K0.8437.267796539,5617,087
2018-10-05$168.56$170.0015.6%5.2%9.1%29.9%19.0%3.1%-1.3%4.2M-42.9M-347.9K0.7818.727786059,5377,289
2018-10-08$169.38$170.0016.4%5.4%8.9%34.4%19.8%3.0%-1.4%4.4M-47.5M-340.9K0.9242.337576939,5357,291
2018-10-09$163.83$170.0017.9%5.9%14.9%42.6%20.0%3.0%-2.7%2.4M-15.2M-328.8K0.9724.631,0701,0429,5437,358
2018-10-10$160.92$170.0023.5%6.7%16.1%72.9%23.8%4.0%-3.3%909.8K2.8M-342.3K1.0929.981,0261,1189,4558,156
2018-10-11$158.06$170.0024.2%6.9%16.6%76.5%23.8%3.9%-2.7%335.0K15.6M-327.5K1.2732.377189119,5688,137
2018-10-12$158.34$170.0024.1%6.9%16.4%75.8%23.7%3.9%-3.3%102.2K17.9M-317.4K1.1437.957748839,4658,191
2018-10-15$157.27$170.0024.5%7.0%16.4%78.0%22.9%4.3%-3.2%-166.0K23.2M-298.6K0.6021.977794719,5318,203
2018-10-16$159.47$170.0022.1%6.3%17.4%65.4%22.3%4.0%-2.5%132.5K14.7M-297.4K0.5824.298234799,5558,186
2018-10-17$159.10$170.0022.4%6.4%17.3%66.5%21.7%3.8%-2.7%164.4K15.5M-300.4K0.5821.298254759,5668,178
2018-10-18$156.86$165.0024.5%7.0%17.2%77.9%23.4%4.3%-3.1%-277.6K26.4M-285.8K0.4919.258083939,5918,204
2018-10-19$155.65$170.0024.5%7.0%17.0%77.9%24.4%4.2%-3.5%-815.0K30.3M-273.2K0.4717.827963769,5648,210
2018-10-22$153.51$170.0025.4%7.3%17.3%82.8%24.2%4.2%-3.9%-594.2K27.2M-254.5K0.3720.737142618,1277,335
2018-10-23$152.23$165.0027.7%7.9%17.4%95.2%26.6%4.5%-4.9%-712.2K30.5M-246.7K0.3723.741,3254918,2167,342
2018-10-24$150.44$165.0029.0%8.3%17.5%100.0%28.4%5.9%-5.2%-823.2K35.5M-251.4K0.5218.971,2216298,4587,479
2018-10-25$152.34$165.0029.9%8.6%18.5%100.0%28.5%5.0%-5.6%-594.5K28.8M-268.8K0.6417.391,0126528,4987,648
2018-10-26$149.33$165.0031.7%9.1%19.2%100.0%31.3%6.1%-7.3%-807.4K37.2M-253.2K0.7919.028056368,6727,686
2018-10-29$149.84$165.0033.2%9.5%18.7%100.0%31.6%4.3%-6.7%-668.3K35.6M-255.3K0.5631.441,1326318,6797,715
2018-10-30$153.89$160.0030.9%8.8%21.5%89.7%30.7%6.2%-6.3%22.8K19.9M-284.1K0.2118.323,1376519,0107,721
2018-10-31$154.87$150.0029.7%8.5%21.9%84.8%31.7%6.1%-5.9%2.1M-339.8K-312.3K0.2820.871,90653511,3177,723