APD Options History — October 2021

In October 2021, APD traded between $256.73 and $300.55. ATM implied volatility averaged 22.0%, placing in the 27.3% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 5.5% (HV 20d: 16.5%). Max pain ranged from $260.00 to $280.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.91.

Notable Days

  • 2021-10-14: Highest Volume — 3,298 contracts
  • 2021-10-11: Largest IV spike — 15.5% change
  • 2021-10-28: Highest IV Rank — 37.1%
  • 2021-10-28: Largest Expected Move — 7.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$281.46$256.73$300.55$257.68$299.53
Max Pain$268.10$260.00$280.00$270.00$280.00
ATM IV22.0%18.7%24.8%21.0%24.6%
Expected Move6.5%5.9%7.1%6.0%7.0%
HV 20d16.5%12.3%20.6%12.4%17.0%
HV 60d17.8%15.9%19.2%16.4%19.1%
IV Rank27.3%16.0%37.1%23.9%36.2%
IV Percentile42.1%23.8%68.3%33.7%65.1%
Term Structure-0.8%-2.8%2.2%2.2%-2.8%
VWIV24.0%21.0%27.9%23.0%26.0%
Skew 25d4.1%2.2%6.9%3.0%4.0%
Skew 10d8.8%5.7%11.6%5.7%7.7%
Call IV 25d21.8%20.0%24.6%21.4%24.6%
Put IV 25d25.8%23.6%28.8%24.4%28.6%
Bid-Ask Spread %77.3969.9988.1588.1576.88
Gamma HHI0.130.100.290.160.12
Net GEX2.6M-5.5M10.7M-5.1M6.9M
Net DEX-50.0M-184.6M103.0M100.1M-151.4M
Net VEX-1.4M-1.5M-1.4M-1.4M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.161.790.820.97
Total Volume1,210.2382293,2989421,125
Total OI33,623.71430,68035,06333,15234,052

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-10-01$257.68$270.0021.0%6.0%12.4%23.9%23.0%3.0%2.2%-5.1M100.1M-1.4M0.8288.1551842416,08917,063
2021-10-04$256.73$260.0023.4%6.9%12.3%32.0%27.9%6.9%-0.7%-5.5M103.0M-1.4M0.9979.9415815716,26717,264
2021-10-05$257.39$260.0021.4%6.8%12.4%25.2%24.5%4.1%-1.5%-5.5M99.4M-1.4M0.7070.1127719516,51617,477
2021-10-06$259.70$260.0021.8%7.1%12.8%26.5%24.9%2.2%-1.5%-5.1M80.5M-1.4M0.4569.9937717116,58817,564
2021-10-07$263.59$260.0021.2%7.0%14.1%24.4%23.2%3.5%0.5%-2.7M57.6M-1.4M0.7274.0636426116,65317,595
2021-10-08$265.04$260.0018.7%6.4%14.3%16.0%23.6%4.3%-0.8%-1.5M43.5M-1.4M1.7973.938214716,71717,687
2021-10-11$269.40$260.0021.6%6.7%15.4%26.0%24.8%2.9%-1.3%2.2M17.9M-1.4M0.6579.2249431916,81217,722
2021-10-12$271.77$260.0023.1%7.1%15.7%31.1%24.4%5.1%-0.8%4.1M-4.4M-1.4M0.9582.4736935216,82917,723
2021-10-13$277.45$260.0022.6%6.5%17.2%29.4%23.6%3.6%0.8%10.7M-55.7M-1.4M0.6681.441,13874616,80517,692
2021-10-14$287.65$260.0020.7%5.9%20.6%22.8%26.3%3.6%-0.1%6.1M-147.0M-1.4M1.1778.871,5221,77616,87117,801
2021-10-15$293.41$270.0021.7%6.2%19.6%26.1%21.0%4.1%0.3%4.0M-184.6M-1.4M0.1684.182,60141617,04018,023
2021-10-18$292.38$270.0021.2%6.1%17.8%24.4%21.7%3.6%0.5%3.5M-98.7M-1.4M1.1679.7837043014,78415,896
2021-10-19$294.51$270.0021.9%6.3%17.8%27.0%22.4%3.2%-1.0%5.4M-107.6M-1.5M0.9580.2644642515,92916,061
2021-10-20$293.78$270.0021.7%6.2%17.9%26.1%23.1%4.8%-0.1%5.1M-110.1M-1.5M1.6178.9861398716,01616,517
2021-10-21$293.28$270.0022.0%6.3%18.2%27.3%21.3%3.7%-1.0%4.7M-101.8M-1.5M0.7072.4078355016,05516,742
2021-10-22$291.51$270.0022.2%6.4%18.5%28.1%23.2%3.8%-1.5%4.5M-97.6M-1.5M1.1075.0876684116,29216,799
2021-10-25$294.28$280.0023.1%6.6%18.5%31.1%24.3%5.8%-2.8%5.2M-100.3M-1.5M0.9377.5459155016,29817,082
2021-10-26$295.36$280.0021.9%6.3%18.5%27.0%24.3%4.0%-1.6%5.6M-120.9M-1.5M1.0072.3757257316,33717,120
2021-10-27$295.61$280.0021.5%6.2%17.9%25.6%25.1%4.5%-1.6%5.7M-120.7M-1.5M0.9074.5558752816,43417,164
2021-10-28$300.55$280.0024.8%7.1%16.7%37.1%24.9%4.2%-1.9%6.4M-150.9M-1.5M0.6375.101,11270216,51717,205
2021-10-29$299.53$280.0024.6%7.0%17.0%36.2%26.0%4.0%-2.8%6.9M-151.4M-1.5M0.9776.8857055516,81317,239