APD Options History — July 2022

In July 2022, APD traded between $221.75 and $248.51. ATM implied volatility averaged 29.9%, placing in the 60.2% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 3.8% (HV 20d: 26.1%). Max pain ranged from $230.00 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 1.14.

Notable Days

  • 2022-07-29: Highest Volume — 3,956 contracts
  • 2022-07-11: Largest IV spike — 29.4% change
  • 2022-07-12: Highest IV Rank — 78.4%
  • 2022-07-14: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$233.95$221.75$248.51$242.44$248.51
Max Pain$236.50$230.00$250.00$250.00$230.00
ATM IV29.9%25.9%34.4%27.2%28.1%
Expected Move8.6%7.8%9.1%7.8%8.1%
HV 20d26.1%21.7%29.4%29.3%23.6%
HV 60d28.5%28.1%29.3%28.1%28.6%
IV Rank60.2%44.0%78.4%49.5%52.9%
IV Percentile81.4%60.7%96.8%71.0%69.0%
Term Structure-1.3%-4.0%2.7%2.7%-2.5%
VWIV30.5%27.6%33.7%31.0%28.5%
Skew 25d5.8%4.2%7.1%6.0%6.5%
Skew 10d13.0%9.3%20.5%15.3%20.5%
Call IV 25d27.7%25.1%30.2%25.1%26.3%
Put IV 25d33.4%31.1%35.6%31.1%32.8%
Bid-Ask Spread %69.7861.0880.1980.1976.74
Gamma HHI0.190.110.320.320.27
Net GEX1.6M-1.4M6.0M5.2M6.0M
Net DEX43.5M-38.1M106.1M-9.8M-38.1M
Net VEX-1.4M-1.6M-1.2M-1.6M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.140.481.951.560.48
Total Volume2,941.71,9143,9562,4093,956
Total OI43,574.9541,25145,65641,78545,656

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-07-01$242.44$250.0027.2%7.8%29.3%49.5%31.0%6.0%2.7%5.2M-9.8M-1.6M1.5680.199401,46926,97214,813
2022-07-05$239.41$240.0030.6%9.1%29.4%63.0%33.7%6.7%-1.6%4.4M4.0M-1.6M1.7069.609521,62227,01614,828
2022-07-06$236.60$240.0029.9%8.7%28.5%60.4%32.2%7.1%-1.2%3.4M24.0M-1.5M1.8564.409291,71727,28714,918
2022-07-07$235.91$240.0027.1%8.2%27.7%49.1%29.2%6.9%-0.4%2.9M31.3M-1.4M1.2168.971,2641,53327,37915,038
2022-07-08$232.58$240.0025.9%8.6%26.5%44.0%29.6%5.7%-0.8%2.0M47.1M-1.4M1.8866.669471,78027,56015,112
2022-07-11$233.95$240.0033.5%8.9%26.6%74.8%33.2%5.7%-1.1%1.9M44.7M-1.4M1.6569.331,0141,67227,63815,256
2022-07-12$230.32$240.0034.4%8.8%26.2%78.4%32.3%5.7%-1.2%730.8K65.6M-1.3M1.1565.381,0731,23427,78615,492
2022-07-13$228.52$240.0030.0%8.6%24.6%60.9%30.5%5.7%-1.0%-84.9K76.1M-1.3M1.1563.891,1261,29327,85715,589
2022-07-14$221.75$240.0031.8%9.1%26.4%67.9%33.6%5.3%-1.1%-1.0M106.1M-1.2M0.7261.081,8491,33327,92815,900
2022-07-15$224.54$240.0029.4%8.4%27.0%58.2%29.6%6.0%-0.4%95.9K90.3M-1.3M1.5373.661,3162,01027,86715,833
2022-07-18$223.35$240.0030.6%8.8%26.0%63.1%30.2%4.2%-1.9%-1.4M94.3M-1.2M1.9572.121,3402,61526,25414,997
2022-07-19$229.80$240.0029.4%8.4%27.9%58.3%29.2%6.0%-1.5%-1.0M74.3M-1.4M1.1069.059121,00226,69916,555
2022-07-20$231.91$230.0029.8%8.6%27.1%60.0%29.4%5.6%-1.3%3.5K59.2M-1.4M0.8872.001,09096226,83616,569
2022-07-21$234.27$230.0029.5%8.5%27.5%58.7%29.4%5.2%-0.7%410.2K47.7M-1.4M0.5268.161,9901,03926,86016,610
2022-07-22$234.26$230.0029.0%8.3%27.5%56.7%27.6%4.8%-1.1%519.7K45.6M-1.4M0.6569.802,1621,40828,07216,658
2022-07-25$234.60$230.0030.8%8.8%22.4%64.0%30.4%5.7%-2.4%724.3K44.5M-1.4M0.7168.331,8831,34428,31816,997
2022-07-26$234.25$230.0031.3%9.0%21.7%65.9%30.8%5.5%-1.9%996.1K42.7M-1.4M0.7169.911,9001,35028,33416,947
2022-07-27$238.49$230.0028.5%8.2%22.0%54.5%30.6%5.1%-2.0%2.2M22.5M-1.4M0.6873.892,0561,39228,38117,091
2022-07-28$243.62$230.0030.7%8.8%23.3%63.6%29.9%6.0%-4.0%3.9M-1.2M-1.5M0.6672.512,0201,34028,47717,119
2022-07-29$248.51$230.0028.1%8.1%23.6%52.9%28.5%6.5%-2.5%6.0M-38.1M-1.5M0.4876.742,6811,27528,52217,134