APD Options History — June 2019

In June 2019, APD traded between $207.75 and $225.67. ATM implied volatility averaged 18.6%, placing in the 29.6% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded below realized volatility by 0.4% (HV 20d: 19.0%). Max pain ranged from $180.00 to $220.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 1.20.

Notable Days

  • 2019-06-07: Highest Volume — 3,119 contracts
  • 2019-06-26: Largest IV spike — 19.9% change
  • 2019-06-04: Highest IV Rank — 38.7%
  • 2019-06-04: Largest Expected Move — 5.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$220.23$207.75$225.67$207.75$225.67
Max Pain$208.25$180.00$220.00$180.00$220.00
ATM IV18.6%15.9%20.2%20.0%15.9%
Expected Move5.3%4.6%5.8%5.7%4.6%
HV 20d19.0%16.3%23.3%22.3%16.9%
HV 60d17.4%16.1%17.7%16.1%17.7%
IV Rank29.6%15.9%38.7%37.9%15.9%
IV Percentile58.2%30.6%69.8%69.0%30.6%
Term Structure1.4%-0.9%3.3%-0.5%3.3%
VWIV19.2%17.1%23.9%23.9%18.5%
Skew 25d4.3%3.4%6.0%4.2%5.4%
Skew 10d10.0%6.6%13.3%8.6%13.0%
Call IV 25d16.8%14.3%18.8%18.8%14.3%
Put IV 25d21.1%19.7%23.1%23.1%19.7%
Bid-Ask Spread %31.1219.4537.7626.7125.10
Gamma HHI0.250.200.320.290.28
Net GEX3.2M2.5M4.9M3.3M2.6M
Net DEX-149.6M-183.0M-113.2M-113.7M-119.0M
Net VEX-392.0K-426.0K-326.8K-393.1K-405.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.200.224.354.350.74
Total Volume915.61923,1192891,161
Total OI18,40813,35621,70117,34414,186

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-06-03$207.75$180.0020.0%5.7%22.3%37.9%23.9%4.2%-0.5%3.3M-113.7M-393.1K4.3526.71542359,6717,673
2019-06-04$213.08$180.0020.2%5.8%23.3%38.7%21.0%4.6%-0.9%3.3M-135.7M-368.1K1.7119.452303939,6847,724
2019-06-05$216.29$185.0017.7%5.1%20.9%27.1%22.0%6.0%-0.2%3.0M-148.2M-356.1K0.5933.054842849,7907,940
2019-06-06$221.46$210.0018.2%5.2%20.6%29.4%18.9%3.7%1.5%3.0M-169.0M-326.8K1.1331.991,1911,34710,0658,136
2019-06-07$223.18$210.0018.6%5.3%20.3%31.1%19.1%4.1%1.6%2.9M-180.6M-353.9K1.1236.661,4691,65010,7159,071
2019-06-10$221.22$210.0019.5%5.3%20.2%35.4%17.8%3.4%1.4%2.8M-170.1M-381.6K0.2731.192697310,8489,115
2019-06-11$218.85$210.0019.7%5.4%19.5%34.3%18.8%4.2%1.0%2.7M-159.8M-395.8K0.2933.0849714610,9779,147
2019-06-12$219.60$210.0019.1%5.5%19.5%31.6%20.1%4.1%1.1%3.2M-165.5M-406.0K0.6527.6743828611,2529,224
2019-06-13$219.50$210.0018.6%5.3%19.5%28.8%19.3%4.0%1.4%3.2M-161.1M-404.5K0.6229.8945628211,1089,402
2019-06-14$219.69$210.0018.5%5.3%18.8%28.4%17.4%3.7%1.8%3.3M-162.4M-399.6K0.6236.0951131511,1359,416
2019-06-17$216.87$210.0018.9%5.4%19.6%30.3%18.7%4.7%1.3%2.7M-147.3M-426.0K0.6634.321167611,2769,645
2019-06-18$219.38$210.0018.7%5.4%18.1%29.6%19.0%3.7%1.6%3.6M-160.9M-409.4K0.9534.0118617611,2829,688
2019-06-19$220.35$210.0018.6%5.3%18.1%29.1%19.0%4.3%1.1%4.6M-168.7M-399.9K3.4737.7617159411,3529,766
2019-06-20$221.58$210.0018.5%5.3%18.1%28.5%17.6%4.2%1.5%4.9M-173.3M-409.4K1.0232.6557458611,37610,208
2019-06-21$223.65$210.0018.1%5.2%17.1%26.8%18.1%4.2%1.7%3.6M-183.0M-398.5K0.4230.7869629511,48810,213
2019-06-24$223.73$220.0018.2%5.2%17.1%27.2%19.6%3.7%2.6%3.4M-121.4M-381.2K0.5830.432671558,6784,678
2019-06-25$225.15$220.0016.3%4.7%16.3%17.6%19.2%4.5%3.0%3.4M-124.4M-392.7K3.4632.271916608,7844,800
2019-06-26$224.12$220.0019.5%5.6%16.7%33.3%17.1%4.7%1.7%2.5M-114.5M-416.6K1.1926.991862228,8735,377
2019-06-27$223.42$220.0019.0%5.5%16.9%31.1%18.0%4.1%1.7%2.5M-113.2M-416.0K0.2232.311,1402508,9545,443
2019-06-28$225.67$220.0015.9%4.6%16.9%15.9%18.5%5.4%3.3%2.6M-119.0M-405.2K0.7425.106684938,7195,467