APD Options History — April 2021

In April 2021, APD traded between $282.28 and $292.32. ATM implied volatility averaged 21.7%, placing in the 19.1% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 2.6% (HV 20d: 19.0%). Max pain ranged from $270.00 to $280.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 1.44.

Notable Days

  • 2021-04-06: Highest Volume — 8,044 contracts
  • 2021-04-14: Largest IV spike — 49.4% change
  • 2021-04-30: Highest IV Rank — 33.4%
  • 2021-04-19: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$286.83$282.28$292.32$284.11$288.51
Max Pain$278.57$270.00$280.00$280.00$280.00
ATM IV21.7%14.1%25.1%20.5%24.0%
Expected Move6.7%5.9%7.2%5.9%6.9%
HV 20d19.0%15.3%21.3%21.2%16.1%
HV 60d27.2%25.0%28.4%28.4%25.1%
IV Rank19.1%0.0%33.4%0.9%33.4%
IV Percentile7.5%0.0%23.0%0.4%16.7%
Term Structure-1.2%-4.4%3.7%3.7%-2.4%
VWIV23.3%18.2%25.7%18.2%25.7%
Skew 25d2.8%-0.3%5.5%2.9%3.1%
Skew 10d4.6%2.3%8.3%2.5%4.6%
Call IV 25d21.9%17.0%25.1%18.2%22.2%
Put IV 25d24.7%21.0%26.0%21.0%25.3%
Bid-Ask Spread %82.6877.7991.8091.8084.73
Gamma HHI0.280.160.340.160.31
Net GEX16.0M5.0M25.7M5.0M18.1M
Net DEX-119.1M-168.2M-59.8M-59.8M-129.6M
Net VEX-1.4M-1.6M-1.0M-1.0M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.440.055.480.574.25
Total Volume1,397.3332408,0443671,464
Total OI35,426.52423,51139,78723,51139,787

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-04-01$284.11$280.0020.5%5.9%21.2%0.9%18.2%2.9%3.7%5.0M-59.8M-1.0M0.5791.8023413311,90911,602
2021-04-05$289.09$270.0021.0%6.6%20.1%2.0%24.7%-0.3%-0.1%7.1M-82.5M-1.1M0.3877.7932612311,94711,629
2021-04-06$286.81$270.0020.6%7.1%20.2%1.5%24.4%1.4%-1.5%6.3M-71.2M-1.0M0.1180.877,24080412,00511,720
2021-04-07$282.28$270.0019.4%6.7%21.3%0.0%24.0%0.9%-0.5%11.6M-91.4M-1.3M5.4879.272251,23218,98312,168
2021-04-08$283.30$280.0019.5%6.7%20.9%0.5%23.4%3.4%-2.0%12.4M-92.8M-1.4M0.0582.465,32327619,06613,015
2021-04-09$283.72$280.0014.1%6.6%20.9%0.0%22.1%4.4%-1.8%16.3M-118.3M-1.5M0.8181.8020416624,02313,268
2021-04-12$283.04$280.0020.7%6.6%20.9%18.6%23.2%2.5%-0.7%15.7M-108.0M-1.4M0.8082.2528322524,04613,358
2021-04-13$285.40$280.0016.3%6.6%20.9%6.2%23.8%3.9%0.2%18.9M-127.8M-1.4M2.6084.317051,83124,13813,440
2021-04-14$283.43$280.0024.4%7.0%21.0%28.9%21.7%3.5%-1.8%16.2M-107.9M-1.4M0.2681.3380520824,22613,967
2021-04-15$287.46$280.0021.6%6.2%20.8%21.0%22.8%3.5%-0.5%24.5M-147.4M-1.5M0.3581.9743615324,13614,142
2021-04-16$288.06$280.0020.8%6.0%20.6%18.9%24.8%5.5%-0.0%25.7M-137.3M-1.4M3.4183.9414549424,16814,252
2021-04-19$284.53$280.0025.1%7.2%19.4%30.9%24.0%2.2%-4.4%13.6M-100.6M-1.4M1.1582.5145352022,12913,574
2021-04-20$285.38$280.0023.3%6.7%19.2%25.8%23.5%1.4%-1.5%14.1M-104.7M-1.4M1.4383.9649771022,46013,955
2021-04-21$289.35$280.0022.2%6.4%18.2%22.8%21.9%1.8%-0.6%17.8M-141.7M-1.5M0.3881.0362723822,63914,498
2021-04-22$285.86$280.0023.7%6.8%18.2%30.3%23.9%3.6%-1.5%14.9M-109.8M-1.5M4.2083.9720485623,06614,697
2021-04-23$290.39$280.0023.2%6.6%18.7%30.6%22.5%2.7%-2.0%19.2M-152.3M-1.5M0.5985.3035421023,16415,463
2021-04-26$290.01$280.0023.9%6.9%15.5%33.1%24.0%2.8%-2.0%18.3M-159.2M-1.6M0.5682.1339622023,39215,557
2021-04-27$290.49$280.0023.6%6.8%15.5%32.1%23.5%2.7%-1.5%19.7M-145.2M-1.5M0.6581.3723415323,60015,676
2021-04-28$289.88$280.0023.3%6.7%15.3%31.1%24.5%3.3%-1.2%19.2M-144.8M-1.5M1.8683.288415623,68215,785
2021-04-29$292.32$280.0023.9%6.9%15.4%33.2%23.5%3.0%-2.3%22.0M-168.2M-1.5M0.2880.303118623,71115,914
2021-04-30$288.51$280.0024.0%6.9%16.1%33.4%25.7%3.1%-2.4%18.1M-129.6M-1.5M4.2584.732791,18523,81515,972