APD Options History — January 2022

In January 2022, APD traded between $275.43 and $305.39. ATM implied volatility averaged 23.6%, placing in the 40.1% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 2.8% (HV 20d: 20.8%). Max pain ranged from $290.00 to $300.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 1.09.

Notable Days

  • 2022-01-11: Highest Volume — 9,159 contracts
  • 2022-01-12: Largest IV spike — 22.2% change
  • 2022-01-31: Highest IV Rank — 68.8%
  • 2022-01-25: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$289.41$275.43$305.39$296.14$281.69
Max Pain$292.50$290.00$300.00$300.00$290.00
ATM IV23.6%16.9%29.7%17.0%29.1%
Expected Move6.9%4.8%8.5%4.9%8.3%
HV 20d20.8%19.5%22.1%20.2%21.6%
HV 60d18.7%17.8%19.8%18.9%19.0%
IV Rank40.1%11.7%68.8%12.2%68.8%
IV Percentile62.4%11.5%96.4%11.5%94.8%
Term Structure-0.9%-4.5%5.6%4.8%-4.5%
VWIV25.5%18.2%33.2%18.5%32.7%
Skew 25d4.2%2.6%6.4%4.5%5.0%
Skew 10d9.6%6.0%13.8%8.1%11.4%
Call IV 25d23.1%16.2%28.6%17.1%27.5%
Put IV 25d27.3%19.8%34.5%21.6%32.5%
Bid-Ask Spread %76.7372.8085.4582.5476.77
Gamma HHI0.190.110.320.130.18
Net GEX6.6M1.6M17.5M4.1M9.7M
Net DEX-43.1M-143.4M17.9M-47.3M-53.9M
Net VEX-1.6M-1.8M-1.4M-1.4M-1.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.090.172.410.852.41
Total Volume3,556.21,8469,1592,2071,852
Total OI42,208.8531,97450,47239,51439,937

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-01-03$296.14$300.0017.0%4.9%20.2%12.2%18.5%4.5%4.8%4.1M-47.3M-1.4M0.8582.541,1911,01621,75417,760
2022-01-04$299.83$300.0017.2%4.9%19.5%13.1%19.5%3.6%4.2%10.1M-86.9M-1.4M1.2382.841,1241,38721,82117,916
2022-01-05$305.39$300.0016.9%4.8%20.2%11.7%18.2%3.7%5.6%17.5M-143.3M-1.5M0.8085.451,6871,35321,84218,078
2022-01-06$298.18$300.0018.7%6.5%22.1%19.2%23.3%4.2%-1.0%7.6M-68.0M-1.5M0.9772.801,3391,29622,06818,234
2022-01-07$297.56$300.0018.3%6.3%21.8%17.7%24.1%3.2%-0.6%6.5M-59.2M-1.4M0.9573.721,4521,38422,18118,273
2022-01-10$294.27$290.0022.1%6.8%22.1%33.7%23.6%5.0%-2.2%3.1M-33.4M-1.4M0.9273.481,9391,78422,31118,467
2022-01-11$297.13$290.0017.8%5.7%21.8%15.6%22.1%2.8%1.8%5.5M-58.7M-1.4M0.1779.067,8531,30622,81719,042
2022-01-12$299.31$290.0021.8%6.2%21.9%32.3%23.5%3.4%-0.6%16.2M-143.4M-1.7M0.5675.433,3801,88028,93819,033
2022-01-13$294.42$290.0023.1%6.6%20.6%37.9%23.3%3.0%-0.3%11.3M-92.9M-1.7M1.2273.831,4691,79430,01419,303
2022-01-14$291.97$290.0023.1%6.6%20.6%37.9%23.1%3.1%-0.9%8.1M-67.9M-1.7M1.3176.071,3451,76030,02419,424
2022-01-18$286.21$290.0024.2%6.9%21.4%42.6%24.1%2.6%-1.0%2.8M1.5M-1.5M1.2673.201,3871,75330,06819,574
2022-01-19$286.69$290.0024.3%7.0%20.3%42.9%25.9%4.2%-2.4%2.9M-9.7M-1.6M0.6077.813,2471,95830,11019,654
2022-01-20$287.90$290.0024.5%7.0%20.4%43.6%24.5%3.7%-1.4%3.7M-25.1M-1.6M1.3577.671,3571,83130,57519,661
2022-01-21$282.99$290.0027.9%8.0%21.0%58.2%29.8%5.3%-2.6%1.6M11.9M-1.6M1.3573.961,7642,37630,64819,824
2022-01-24$281.38$290.0029.3%8.4%20.3%64.2%30.0%4.0%-3.1%4.3M-7.6M-1.5M0.8574.772,0281,71719,15412,820
2022-01-25$279.15$290.0029.7%8.5%20.1%65.5%31.4%6.0%-3.8%4.5M-7.1M-1.6M1.2673.059061,14220,52013,279
2022-01-26$275.43$290.0027.5%7.9%20.0%56.5%29.7%4.9%-2.3%3.4M16.0M-1.5M1.5184.587361,11020,82013,564
2022-01-27$276.29$290.0029.3%8.4%19.8%64.1%33.2%6.4%-2.8%3.3M17.9M-1.6M0.3673.704,5871,67021,05513,856
2022-01-28$276.27$290.0029.5%8.5%19.9%65.0%29.8%5.7%-4.3%6.7M-5.8M-1.7M1.8373.836931,27125,00614,752
2022-01-31$281.69$290.0029.1%8.3%21.6%68.8%32.7%5.0%-4.5%9.7M-53.9M-1.8M2.4176.775431,30925,11814,819