APD Options History — May 2022

In May 2022, APD traded between $229.93 and $250.19. ATM implied volatility averaged 31.5%, placing in the 66.8% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 1.8% (HV 20d: 29.7%). Max pain ranged from $250.00 to $270.00. Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 1.04.

Notable Days

  • 2022-05-31: Highest Volume — 11,991 contracts
  • 2022-05-09: Largest IV spike — 27.1% change
  • 2022-05-09: Highest IV Rank — 99.1%
  • 2022-05-02: Largest Expected Move — 11.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$237.18$229.93$250.19$234.28$247.04
Max Pain$266.19$250.00$270.00$250.00$260.00
ATM IV31.5%24.2%39.5%38.4%26.9%
Expected Move8.8%6.9%11.0%11.0%7.7%
HV 20d29.7%20.8%32.8%20.8%31.9%
HV 60d27.1%26.4%28.7%28.7%27.3%
IV Rank66.8%37.5%99.1%94.8%48.6%
IV Percentile88.6%62.7%99.6%99.6%75.4%
Term Structure-1.3%-5.4%0.9%-5.4%-1.1%
VWIV31.9%24.4%37.9%37.9%27.4%
Skew 25d6.4%5.2%8.7%6.6%5.5%
Skew 10d13.0%8.8%17.2%17.1%8.8%
Call IV 25d28.4%22.9%35.1%35.1%25.1%
Put IV 25d34.8%28.1%41.9%41.7%30.6%
Bid-Ask Spread %80.8372.1988.2380.8788.23
Gamma HHI0.160.140.240.140.19
Net GEX-692.7K-2.3M2.3M-1.1M1.7M
Net DEX100.1M36.1M138.3M120.6M44.7M
Net VEX-1.5M-1.6M-1.4M-1.5M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.040.062.051.670.06
Total Volume2,804.0481,51311,9912,35011,991
Total OI40,036.66737,92442,28638,17939,619

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-05-02$234.28$250.0038.4%11.0%20.8%94.8%37.9%6.6%-5.4%-1.1M120.6M-1.5M1.6780.878791,47119,95618,223
2022-05-03$238.13$250.0035.3%10.1%21.1%82.2%36.1%7.3%-4.7%-382.5K102.7M-1.5M1.8481.508061,48720,00118,259
2022-05-04$246.36$250.0035.0%10.0%24.8%80.9%37.8%8.7%-5.4%1.5M58.5M-1.6M1.2686.931,4421,81120,12318,427
2022-05-05$235.19$270.0031.3%8.2%29.5%65.9%30.7%6.6%0.9%-906.9K109.5M-1.5M0.7479.352,1021,55420,55118,660
2022-05-06$236.64$270.0031.1%8.4%29.4%65.2%31.0%6.2%0.6%-481.0K104.6M-1.5M0.6476.201,8521,19121,66418,649
2022-05-09$234.38$270.0039.5%9.6%29.5%99.1%34.0%7.2%-0.8%-878.8K113.1M-1.5M0.6673.591,9891,30921,62618,615
2022-05-10$230.04$270.0036.0%9.4%29.9%85.0%34.5%6.8%-0.8%-2.0M138.3M-1.4M1.6972.839161,54721,77518,679
2022-05-11$233.43$270.0032.9%9.4%30.6%72.4%33.4%5.3%-0.9%-1.4M118.7M-1.5M0.8572.191,6631,40821,82618,790
2022-05-12$229.93$270.0033.8%9.7%30.6%76.0%35.7%6.2%-1.3%-1.9M129.9M-1.5M1.7072.478741,48722,61218,829
2022-05-13$233.92$270.0031.9%9.1%31.4%68.4%30.7%6.3%-1.0%-1.6M116.0M-1.5M1.1179.5388698222,71218,786
2022-05-16$232.77$270.0031.1%8.9%31.3%65.2%31.0%6.0%-0.6%-2.2M126.9M-1.5M0.7882.331,11086722,73818,924
2022-05-17$239.05$270.0028.7%8.2%32.0%55.5%29.0%5.8%0.2%-341.2K87.4M-1.5M1.1183.3371779622,86418,881
2022-05-18$233.95$270.0031.6%9.0%32.8%67.2%31.8%5.5%0.0%-1.8M113.7M-1.5M1.1281.4886997022,93918,969
2022-05-19$234.95$270.0031.6%9.0%32.6%67.1%31.0%6.2%-2.0%-2.3M110.2M-1.5M1.0187.0682483623,09819,078
2022-05-20$236.50$270.0028.9%8.3%31.5%56.5%35.3%6.0%-1.3%-1.1M101.3M-1.5M2.0579.758611,76823,12419,162
2022-05-23$237.50$270.0028.7%8.2%31.6%55.7%28.3%6.5%-1.5%-559.3K95.1M-1.5M0.6283.211,14870820,70217,222
2022-05-24$237.60$270.0028.4%8.2%29.9%54.6%31.8%6.9%-0.9%-424.4K95.2M-1.5M0.7783.071,00577420,95017,336
2022-05-25$236.68$270.0028.7%8.2%29.5%55.5%30.7%6.3%-1.4%-564.3K98.5M-1.4M0.7885.0894773421,09417,447
2022-05-26$242.20$270.0027.0%7.7%30.7%48.8%26.7%6.6%-0.8%-200.0K81.3M-1.5M0.7485.541,06278521,23817,556
2022-05-27$250.19$260.0024.2%6.9%31.5%37.5%24.4%5.2%0.5%2.3M36.1M-1.6M0.5682.911,57488321,44517,621
2022-05-31$247.04$260.0026.9%7.7%31.9%48.6%27.4%5.5%-1.1%1.7M44.7M-1.5M0.0688.2311,26372821,89017,729