APD Options History — April 2022

In April 2022, APD traded between $235.37 and $252.45. ATM implied volatility averaged 28.2%, placing in the 54.0% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 8.0% (HV 20d: 20.1%). Max pain ranged from $250.00 to $250.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 1.33.

Notable Days

  • 2022-04-11: Highest Volume — 11,124 contracts
  • 2022-04-11: Largest IV spike — 24.6% change
  • 2022-04-29: Highest IV Rank — 76.8%
  • 2022-04-29: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$246.86$235.37$252.45$248.97$235.37
Max Pain$250.00$250.00$250.00$250.00$250.00
ATM IV28.2%22.0%34.0%22.0%34.0%
Expected Move8.3%7.4%9.7%7.4%9.7%
HV 20d20.1%17.6%27.8%27.8%20.9%
HV 60d28.1%27.7%28.9%28.2%28.8%
IV Rank54.0%30.7%76.8%30.7%76.8%
IV Percentile85.7%58.7%98.8%58.7%98.8%
Term Structure-1.6%-3.6%3.7%3.7%-3.4%
VWIV30.0%26.7%35.2%27.1%35.2%
Skew 25d6.2%4.0%8.9%4.0%7.1%
Skew 10d12.7%9.0%16.3%9.0%15.5%
Call IV 25d26.3%21.5%32.6%21.5%32.6%
Put IV 25d32.5%25.5%39.7%25.5%39.7%
Bid-Ask Spread %79.1074.8187.3074.9077.79
Gamma HHI0.190.140.310.140.15
Net GEX1.6M-857.0K9.1M333.6K-535.1K
Net DEX59.0M14.3M109.1M61.1M107.3M
Net VEX-1.5M-1.6M-1.3M-1.3M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.330.142.500.591.76
Total Volume3,442.31,56311,1244,3362,460
Total OI36,157.0533,38241,31533,56637,882

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-04-01$248.97$250.0022.0%7.4%27.8%30.7%27.1%4.0%3.7%333.6K61.1M-1.3M0.5974.902,7281,60815,68117,885
2022-04-04$252.45$250.0022.1%7.4%25.6%31.3%26.7%5.6%-0.6%1.4M43.0M-1.4M0.4078.813,8791,56215,77518,044
2022-04-05$251.50$250.0022.7%7.5%25.2%33.6%27.4%5.5%-0.6%1.7M47.7M-1.3M1.0079.152,4492,44315,96718,175
2022-04-06$249.67$250.0024.3%7.8%22.7%40.0%31.1%6.3%-0.9%1.1M61.1M-1.4M1.4978.111,7502,60116,33118,886
2022-04-07$251.85$250.0025.8%7.9%22.4%45.6%28.1%5.8%-0.8%1.1M52.2M-1.4M1.3079.571,5412,00416,35119,548
2022-04-08$252.08$250.0024.0%8.1%17.9%36.7%29.4%6.0%-1.5%1.9M49.0M-1.4M1.1774.811,2271,43616,38519,548
2022-04-11$250.17$250.0029.9%8.1%17.6%60.4%28.8%5.5%-0.9%1.8M60.6M-1.4M0.1479.229,7931,33116,55219,664
2022-04-12$247.92$250.0029.4%8.0%17.8%58.6%28.5%5.7%-1.9%5.0M45.6M-1.5M1.5779.127061,10821,62919,686
2022-04-13$249.78$250.0026.8%7.7%17.8%47.9%27.8%6.0%-1.2%9.1M34.8M-1.5M1.0078.231,0971,09821,59819,644
2022-04-14$247.11$250.0026.0%7.5%17.8%44.8%28.5%5.6%-0.7%1.6M58.2M-1.5M1.6477.247261,18821,40519,597
2022-04-18$244.94$250.0028.4%8.1%17.6%54.4%28.5%5.6%-2.0%1.0M57.3M-1.4M1.4380.777461,06517,93415,448
2022-04-19$249.93$250.0027.2%7.8%18.6%49.5%28.7%6.6%-1.4%2.1M27.3M-1.5M1.3579.2367691218,03415,616
2022-04-20$249.48$250.0027.5%7.9%18.3%51.0%28.9%6.5%-2.3%1.9M36.6M-1.4M1.3182.611,0621,39518,18315,661
2022-04-21$251.43$250.0028.6%8.2%18.0%55.3%28.3%5.4%-2.1%2.7M14.3M-1.5M1.7981.751,3642,44618,51315,831
2022-04-22$244.63$250.0032.6%9.3%18.9%71.2%30.9%8.9%-3.6%795.5K58.0M-1.6M2.0687.301,2902,65318,59916,918
2022-04-25$243.21$250.0032.1%9.2%18.0%69.5%32.4%6.4%-3.0%403.1K76.4M-1.5M2.5077.611,0092,52718,78217,068
2022-04-26$236.48$250.0033.3%9.5%20.0%74.0%34.9%6.7%-3.4%-857.0K109.1M-1.5M1.3879.551,0891,49818,81717,398
2022-04-27$239.64$250.0033.8%9.7%19.7%76.2%34.9%7.2%-2.7%-100.7K90.7M-1.5M0.8278.4186070319,06817,482
2022-04-28$240.52$250.0032.7%9.4%19.8%71.6%34.4%7.0%-3.0%-8.4K89.4M-1.6M1.9877.879451,87119,56417,992
2022-04-29$235.37$250.0034.0%9.7%20.9%76.8%35.2%7.1%-3.4%-535.1K107.3M-1.5M1.7677.798901,57019,78518,097