APD Options History — October 2020

In October 2020, APD traded between $274.33 and $302.95. ATM implied volatility averaged 29.6%, placing in the 23.9% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 8.9% (HV 20d: 20.6%). Max pain ranged from $300.00 to $300.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 1.05.

Notable Days

  • 2020-10-05: Highest Volume — 1,167 contracts
  • 2020-10-14: Largest IV spike — 21.6% change
  • 2020-10-30: Highest IV Rank — 43.8%
  • 2020-10-30: Largest Expected Move — 12.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$293.54$274.33$302.95$293.72$274.33
Max Pain$300.00$300.00$300.00$300.00$300.00
ATM IV29.6%22.2%43.0%26.1%43.0%
Expected Move9.1%7.3%12.3%7.5%12.3%
HV 20d20.6%15.2%29.7%29.7%21.1%
HV 60d23.3%22.4%24.0%23.8%23.9%
IV Rank23.9%12.9%43.8%18.7%43.8%
IV Percentile57.1%29.4%88.1%39.3%88.1%
Term Structure-1.6%-6.6%7.1%7.1%-6.6%
VWIV32.4%24.5%46.1%24.5%43.0%
Skew 25d5.7%4.8%8.1%5.1%6.8%
Skew 10d12.3%10.4%15.0%10.7%14.4%
Call IV 25d29.3%23.8%39.1%23.8%39.1%
Put IV 25d35.0%28.9%45.9%28.9%45.9%
Bid-Ask Spread %64.7752.1184.5284.5264.96
Gamma HHI0.190.090.600.170.09
Net GEX3.9M473.9K14.3M2.2M473.9K
Net DEX-69.4M-107.6M-12.7M-67.4M-12.7M
Net VEX-556.6K-650.0K-491.6K-633.0K-518.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.050.113.260.182.20
Total Volume395.3181511,167831323
Total OI17,103.95514,89218,97517,40316,338

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-10-01$293.72$300.0026.1%7.5%29.7%18.7%24.5%5.1%7.1%2.2M-67.4M-633.0K0.1884.527021299,0358,368
2020-10-02$297.30$300.0025.6%7.3%24.5%18.0%26.1%5.8%6.7%3.0M-77.2M-650.0K0.3382.83141479,0498,373
2020-10-05$300.61$300.0024.9%9.2%24.5%16.9%30.5%5.6%-1.1%4.0M-89.7M-628.8K0.1152.111,0491189,0078,374
2020-10-06$297.75$300.0025.3%9.0%24.6%17.5%32.7%5.9%-1.2%3.8M-82.4M-639.3K1.2253.151662039,6668,404
2020-10-07$302.75$300.0024.5%8.9%23.1%16.4%34.9%5.7%-1.3%5.0M-102.3M-636.9K2.7354.672005479,7078,398
2020-10-08$299.43$300.0023.8%8.5%21.2%15.3%29.6%5.6%-0.7%4.5M-92.6M-593.3K0.5156.275542859,7058,891
2020-10-09$300.76$300.0022.2%8.5%20.5%12.9%29.8%5.1%-0.8%5.1M-93.2M-602.2K1.0658.331351439,6068,990
2020-10-12$302.95$300.0022.5%8.3%20.2%13.3%30.2%5.3%-2.1%6.7M-107.6M-544.9K0.2961.53252729,6519,010
2020-10-13$301.90$300.0024.1%8.4%20.2%15.7%30.6%5.4%-1.1%6.8M-99.6M-569.3K0.4762.38103489,7769,027
2020-10-14$297.96$300.0029.3%8.4%20.7%23.4%29.6%5.4%-1.6%5.8M-83.7M-536.0K0.2064.15238479,8079,041
2020-10-15$295.59$300.0029.3%8.4%20.7%23.4%32.4%5.4%-1.1%4.5M-68.9M-556.9K1.1962.68961149,8209,066
2020-10-16$298.65$300.0029.3%8.4%20.3%23.5%29.5%4.9%-1.7%14.3M-84.3M-514.6K0.4063.552941189,8789,097
2020-10-19$294.76$300.0031.0%8.9%19.0%26.0%30.8%5.3%-2.4%2.9M-72.4M-508.7K0.4564.74180817,6677,225
2020-10-20$295.65$300.0030.3%8.7%18.6%24.9%29.5%6.0%-2.5%3.1M-75.4M-511.8K0.5966.582701607,7997,338
2020-10-21$293.59$300.0031.4%9.0%15.7%26.5%32.4%4.8%-2.7%2.8M-64.9M-534.4K3.2667.32461507,9197,435
2020-10-22$292.84$300.0031.2%8.9%15.2%26.3%31.2%5.4%-2.7%2.6M-61.6M-531.7K1.2764.231151467,9517,563
2020-10-23$294.47$300.0031.3%9.0%15.3%26.4%31.9%5.3%-2.7%2.9M-69.0M-509.5K1.0067.9180808,0037,664
2020-10-26$285.59$300.0033.3%9.5%18.3%29.4%34.4%6.0%-3.7%1.8M-41.6M-519.0K0.7067.511531078,0357,703
2020-10-27$284.44$300.0034.7%9.9%18.2%31.5%34.7%6.4%-4.2%1.8M-41.7M-491.6K0.9566.281301248,0437,762
2020-10-28$274.99$300.0040.7%11.7%21.1%40.4%39.1%7.1%-5.4%755.7K-15.8M-517.1K0.7964.162151698,1427,870
2020-10-29$277.85$300.0036.9%10.6%21.6%34.7%46.1%8.1%-3.5%1.0M-23.8M-497.5K3.1775.05882798,1357,949
2020-10-30$274.33$300.0043.0%12.3%21.1%43.8%43.0%6.8%-6.6%473.9K-12.7M-518.7K2.2064.961012228,1448,194