APD Options History — October 2019

In October 2019, APD traded between $207.15 and $217.88. ATM implied volatility averaged 26.3%, placing in the 66.7% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 0.4% (HV 20d: 25.9%). Max pain ranged from $210.00 to $220.00. Net GEX was positive for 13 of 23 trading days. Term structure was in contango for 2 of 23 days. Put/call ratio averaged 1.22.

Notable Days

  • 2019-10-29: Highest Volume — 1,887 contracts
  • 2019-10-02: Largest IV spike — 22.6% change
  • 2019-10-31: Highest IV Rank — 79.8%
  • 2019-10-08: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$213.38$207.15$217.88$217.13$212.82
Max Pain$218.70$210.00$220.00$220.00$210.00
ATM IV26.3%22.4%28.3%22.4%28.3%
Expected Move7.6%6.4%8.1%6.4%8.1%
HV 20d25.9%23.1%29.6%27.3%25.5%
HV 60d23.7%21.3%25.1%21.3%25.1%
IV Rank66.7%47.2%79.8%47.2%79.8%
IV Percentile87.4%72.2%96.0%72.2%96.0%
Term Structure-2.4%-4.9%2.0%2.0%-4.9%
VWIV26.3%23.1%28.1%24.0%26.6%
Skew 25d5.2%4.4%5.9%4.4%5.0%
Skew 10d11.4%8.0%14.4%10.0%9.6%
Call IV 25d24.3%22.1%26.7%22.1%26.1%
Put IV 25d29.5%26.4%31.9%26.4%31.0%
Bid-Ask Spread %63.9026.5386.2886.2826.53
Gamma HHI0.210.150.300.230.30
Net GEX327.4K-666.6K3.0M454.9K2.6M
Net DEX-1.4M-24.0M17.1M-6.0M-10.5M
Net VEX-260.0K-290.7K-222.1K-287.5K-248.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.220.089.051.070.08
Total Volume401.609381,8871411,741
Total OI10,649.0879,22011,8299,86611,377

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-10-01$217.13$220.0022.4%6.4%27.3%47.2%24.0%4.4%2.0%454.9K-6.0M-287.5K1.0786.2868735,1744,692
2019-10-02$210.79$220.0027.4%7.9%28.7%71.7%27.5%5.5%0.4%-230.2K9.3M-278.1K0.2578.936001485,2234,723
2019-10-03$210.17$220.0026.1%7.8%28.7%65.5%27.1%5.4%-2.1%357.2K7.2M-278.9K1.1060.502152375,6914,769
2019-10-04$213.76$220.0025.5%7.7%29.6%62.4%27.8%5.6%-2.2%471.2K-2.1M-287.3K9.0563.15655885,8024,934
2019-10-07$214.97$220.0027.2%8.0%25.4%70.6%27.1%5.3%-1.7%149.4K-4.4M-290.7K1.3953.2766925,7715,186
2019-10-08$208.35$220.0028.2%8.1%27.2%75.5%27.6%5.2%-2.1%-359.8K17.1M-272.4K0.5158.092491285,7965,240
2019-10-09$212.15$220.0028.2%8.1%27.4%75.4%27.5%5.3%-2.2%-198.8K6.6M-278.3K0.3464.10160555,9065,301
2019-10-10$214.76$220.0027.8%8.0%26.5%73.5%25.3%5.5%-2.0%-99.6K-4.5M-281.5K0.0962.33143135,9745,337
2019-10-11$217.88$220.0025.3%7.3%27.0%61.6%26.8%5.9%-1.8%461.0K-17.5M-279.6K2.8866.851183406,0285,332
2019-10-14$214.22$220.0027.1%7.8%25.4%70.2%28.1%5.3%-2.2%-562.4K437.9K-272.5K1.5369.1015236,0485,631
2019-10-15$215.48$220.0024.0%6.9%23.1%55.4%26.5%5.4%-1.4%-666.6K-2.8M-265.4K0.9064.881351226,0485,633
2019-10-16$213.94$220.0026.5%7.6%23.2%67.1%27.4%5.5%-2.5%-465.5K1.0M-260.6K0.4169.3163266,1325,621
2019-10-17$214.47$220.0025.9%7.4%23.1%64.3%25.9%5.1%-1.8%-114.5K-848.1K-254.6K3.0470.0923706,1605,630
2019-10-18$214.86$220.0026.2%7.5%23.1%66.0%25.8%5.1%-2.3%564.9K-4.3M-250.9K0.5475.11107586,1615,668
2019-10-21$214.17$220.0026.0%7.5%23.1%64.9%23.1%5.3%-2.9%472.4K-2.9M-239.9K0.2373.96264624,8234,397
2019-10-22$207.15$220.0025.6%7.3%25.7%63.1%25.8%4.8%-3.1%-315.3K11.8M-222.1K0.6066.992131275,0014,448
2019-10-23$209.79$220.0025.8%7.4%26.3%63.8%24.6%5.1%-2.8%-40.6K6.2M-234.1K0.1870.815194,9904,485
2019-10-24$211.39$220.0025.8%7.4%26.0%63.8%24.5%5.3%-3.2%164.6K2.6M-234.2K1.9974.44731455,0134,491
2019-10-25$213.56$220.0026.0%7.4%26.0%64.8%26.4%5.2%-3.0%407.2K-1.1M-237.8K0.9274.0126245,0684,598
2019-10-28$211.76$220.0026.8%7.7%26.0%68.9%25.7%5.4%-4.0%210.1K2.4M-228.7K0.7177.6289635,0764,603
2019-10-29$217.46$210.0026.4%7.6%26.9%66.9%26.5%4.5%-4.8%1.3M-15.6M-235.9K0.0831.771,7441435,2134,584
2019-10-30$216.60$210.0026.5%7.6%24.6%70.7%26.9%5.5%-4.7%3.0M-24.0M-260.6K0.1331.55411526,5674,584
2019-10-31$212.82$210.0028.3%8.1%25.5%79.8%26.6%5.0%-4.9%2.6M-10.5M-248.7K0.0826.531,6191226,7674,610