APD Options History — June 2021

In June 2021, APD traded between $288.04 and $305.24. ATM implied volatility averaged 16.9%, placing in the 9.6% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded above realized volatility by 3.3% (HV 20d: 13.5%). Max pain ranged from $290.00 to $300.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 0.68.

Notable Days

  • 2021-06-29: Highest Volume — 5,194 contracts
  • 2021-06-04: Largest IV drop — 16.6% change
  • 2021-06-03: Highest IV Rank — 16.3%
  • 2021-06-08: Largest Expected Move — 5.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$297.33$288.04$305.24$303.18$288.04
Max Pain$299.09$290.00$300.00$290.00$300.00
ATM IV16.9%14.9%18.8%17.9%15.8%
Expected Move4.9%4.3%5.7%5.1%4.5%
HV 20d13.5%10.8%16.5%16.1%12.6%
HV 60d16.1%14.5%17.2%17.2%14.7%
IV Rank9.6%2.6%16.3%13.1%5.9%
IV Percentile2.8%0.4%7.1%2.8%1.6%
Term Structure3.9%0.8%6.9%1.5%5.4%
VWIV17.1%15.1%19.4%16.9%16.1%
Skew 25d2.6%1.9%4.2%3.3%2.7%
Skew 10d5.8%4.2%15.5%6.5%6.8%
Call IV 25d16.4%14.8%18.0%16.1%15.7%
Put IV 25d19.1%17.5%20.9%19.4%18.5%
Bid-Ask Spread %81.6771.4790.9978.6271.47
Gamma HHI0.420.100.660.650.10
Net GEX21.4M-1.2M44.6M39.3M506.4K
Net DEX-124.2M-272.0M-6.2M-229.2M-12.0M
Net VEX-1.3M-1.5M-1.1M-1.5M-1.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.172.100.470.58
Total Volume1,327.0913385,1941,302672
Total OI41,267.18229,78947,18744,43536,723

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-06-01$303.18$290.0017.9%5.1%16.1%13.1%16.9%3.3%1.5%39.3M-229.2M-1.5M0.4778.6288441826,45817,977
2021-06-02$304.95$290.0017.7%5.1%16.0%12.6%17.0%2.2%0.8%41.5M-270.7M-1.5M0.2482.2695522726,68818,174
2021-06-03$303.26$300.0018.8%5.5%16.0%16.3%19.0%2.6%3.4%38.6M-240.8M-1.5M0.2974.972617726,96618,272
2021-06-04$305.24$300.0015.7%4.8%16.1%5.5%17.5%4.2%3.7%44.6M-272.0M-1.5M0.2082.7059612027,10018,302
2021-06-07$301.27$300.0018.0%5.3%16.5%13.3%19.4%2.8%2.7%37.0M-198.7M-1.4M0.5076.4769735127,41818,373
2021-06-08$299.40$300.0017.1%5.7%16.1%10.4%18.3%2.4%4.0%31.5M-165.1M-1.3M0.6277.9550631527,52418,529
2021-06-09$298.35$300.0018.2%5.2%14.8%14.1%18.2%2.4%2.9%27.4M-147.1M-1.3M0.3374.8077725627,53218,618
2021-06-10$298.57$300.0017.1%4.9%12.9%10.4%17.4%3.0%3.9%28.3M-144.1M-1.3M1.0378.9331232027,57918,742
2021-06-11$299.77$300.0015.8%4.5%11.0%6.0%15.1%2.6%3.9%29.7M-145.5M-1.3M1.8480.875541,02127,65118,616
2021-06-14$299.43$300.0016.3%4.7%10.8%7.6%16.3%2.6%3.6%26.6M-137.2M-1.2M1.1084.2630533527,67418,759
2021-06-15$302.11$300.0016.8%4.8%11.3%9.4%16.5%2.4%4.4%36.7M-175.0M-1.3M0.3986.1775029427,67018,980
2021-06-16$300.06$300.0017.2%4.9%11.3%10.5%17.2%2.4%4.2%25.7M-142.7M-1.2M0.4988.3687843327,74819,092
2021-06-17$299.37$300.0018.4%5.3%10.8%14.8%17.4%2.0%2.8%21.7M-137.1M-1.2M0.2686.9645311927,85719,330
2021-06-18$295.41$300.0017.5%5.0%11.8%11.6%18.0%2.9%3.6%10.9M-84.8M-1.2M0.7386.5851037227,72019,359
2021-06-21$295.86$300.0016.7%4.8%11.8%9.0%17.0%2.6%3.8%8.3M-50.4M-1.1M0.1978.9779615417,36212,427
2021-06-22$299.01$300.0016.0%4.6%12.4%6.7%15.7%2.4%4.6%14.6M-86.1M-1.2M0.1774.774758017,93112,515
2021-06-23$292.02$300.0017.3%5.0%14.7%10.9%17.5%2.8%4.8%3.5M-30.1M-1.1M1.4387.191,1651,66318,21112,568
2021-06-24$290.20$300.0014.9%4.3%14.1%2.6%16.5%2.8%6.9%5.0M-26.7M-1.1M0.5887.651,9991,16618,46212,721
2021-06-25$289.00$300.0016.5%4.7%13.9%8.2%16.7%1.9%4.8%-66.1K-11.5M-1.3M0.5075.0035717820,14713,821
2021-06-28$288.55$300.0016.0%4.6%13.6%6.5%17.0%2.5%4.6%-1.2M-6.2M-1.3M0.8190.991,21598620,31813,933
2021-06-29$288.28$300.0015.5%4.5%12.9%5.0%16.3%2.6%4.8%756.1K-19.9M-1.4M2.1090.751,6763,51821,20414,827
2021-06-30$288.04$300.0015.8%4.5%12.6%5.9%16.1%2.7%5.4%506.4K-12.0M-1.4M0.5871.4742424821,52115,202