APD Options History — August 2022

In August 2022, APD traded between $245.10 and $274.53. ATM implied volatility averaged 23.9%, placing in the 35.8% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded below realized volatility by 2.6% (HV 20d: 26.5%). Max pain ranged from $230.00 to $250.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 19 of 23 days. Put/call ratio averaged 1.17.

Notable Days

  • 2022-08-05: Highest Volume — 10,633 contracts
  • 2022-08-04: Largest IV drop — 18.8% change
  • 2022-08-03: Highest IV Rank — 56.0%
  • 2022-08-03: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$261.27$245.10$274.53$247.18$253.11
Max Pain$245.22$230.00$250.00$230.00$250.00
ATM IV23.9%20.6%28.8%28.6%26.8%
Expected Move6.9%5.9%8.3%8.2%7.7%
HV 20d26.5%22.6%28.7%23.4%28.7%
HV 60d27.3%26.0%28.2%27.7%26.7%
IV Rank35.8%22.7%56.0%55.1%47.5%
IV Percentile44.8%19.8%73.8%72.2%59.1%
Term Structure0.9%-3.2%3.8%-2.8%-0.1%
VWIV24.5%20.7%32.3%29.1%25.7%
Skew 25d4.6%3.3%5.4%5.1%4.9%
Skew 10d10.1%6.0%14.6%14.6%10.0%
Call IV 25d22.3%19.7%27.8%27.7%24.0%
Put IV 25d26.9%24.2%33.2%32.8%28.9%
Bid-Ask Spread %79.6666.9987.3366.9980.73
Gamma HHI0.340.140.510.250.14
Net GEX24.3M2.2M64.7M6.1M2.2M
Net DEX-169.5M-472.9M-16.0M-32.5M-16.0M
Net VEX-1.7M-2.0M-1.5M-1.5M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.170.054.920.771.09
Total Volume2,745.82623910,6333,7741,927
Total OI52,955.21746,12262,48246,39148,181

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-08-01$247.18$230.0028.6%8.2%23.4%55.1%29.1%5.1%-2.8%6.1M-32.5M-1.5M0.7766.992,1341,64029,22017,171
2022-08-02$245.10$230.0028.7%8.2%23.1%55.3%32.3%5.4%-3.2%4.7M-17.4M-1.5M0.9269.571,9061,75729,30717,596
2022-08-03$245.67$230.0028.8%8.3%22.6%56.0%29.0%5.1%-2.6%5.0M-18.6M-1.5M0.2780.025,9851,62429,30317,942
2022-08-04$257.98$240.0023.4%7.0%28.0%34.0%25.5%5.3%0.7%16.3M-155.9M-1.7M0.9671.283,3513,21732,23318,058
2022-08-05$262.32$240.0022.1%6.7%27.4%28.6%23.7%4.4%2.0%19.4M-197.0M-1.8M0.2781.118,3782,25532,84519,751
2022-08-08$262.57$240.0024.8%6.9%27.4%39.4%23.3%4.9%1.1%29.8M-197.2M-1.8M0.9279.912,0941,92737,37719,988
2022-08-09$258.74$240.0024.5%6.8%27.3%38.3%26.5%5.1%0.9%24.0M-157.0M-1.7M4.9281.9115174337,52620,086
2022-08-10$265.54$240.0022.1%6.3%27.7%28.7%22.9%4.9%2.8%36.5M-262.3M-1.8M0.3579.931,82263437,54620,201
2022-08-11$264.45$250.0023.4%6.7%24.4%33.9%22.5%5.2%2.1%35.5M-202.3M-1.8M0.4781.9145421537,04420,573
2022-08-12$270.68$250.0022.1%6.3%24.9%28.7%20.7%4.6%2.3%44.8M-329.9M-1.8M0.0579.976,40529637,20220,636
2022-08-15$274.53$250.0022.7%6.5%24.3%30.9%20.9%4.3%2.5%51.8M-472.9M-2.0M0.1079.554,88448141,71520,767
2022-08-16$273.90$250.0021.5%6.2%23.7%26.1%20.9%4.4%3.3%52.5M-438.5M-1.9M0.6382.8135021940,36520,995
2022-08-17$267.08$250.0021.1%6.1%26.6%24.6%23.1%5.3%3.8%64.7M-278.1M-1.8M0.0579.672,69513540,48221,173
2022-08-18$267.99$250.0021.4%6.1%26.6%25.9%22.8%4.8%0.7%55.1M-258.6M-1.8M1.3980.4732044538,82421,222
2022-08-19$263.29$250.0022.7%6.5%27.9%31.0%23.6%4.5%1.4%15.9M-165.4M-1.7M1.1280.8228632138,84621,373
2022-08-22$260.78$250.0023.7%6.8%28.4%35.1%28.2%4.1%0.6%13.7M-107.8M-1.6M4.6477.642551,18430,20315,919
2022-08-23$261.17$250.0022.7%6.5%28.4%31.2%22.1%3.3%1.4%13.8M-105.8M-1.7M2.4976.9219448430,27416,969
2022-08-24$262.47$250.0023.1%6.6%28.0%32.5%23.0%3.9%1.2%14.9M-109.2M-1.7M1.7278.958815130,34217,342
2022-08-25$265.57$250.0020.6%5.9%27.4%22.7%21.7%4.7%1.7%17.1M-121.2M-1.7M0.6187.3319712130,37617,438
2022-08-26$262.27$250.0024.1%6.9%27.4%36.6%23.6%3.4%0.6%14.9M-112.8M-1.7M0.9785.1220119530,39417,436
2022-08-29$261.15$250.0025.4%7.3%27.3%41.9%27.2%3.9%0.1%12.7M-93.4M-1.6M1.6184.7716426430,43017,402
2022-08-30$255.76$250.0024.9%7.1%28.4%39.9%25.0%4.3%0.2%7.6M-49.0M-1.6M0.5484.7539321230,51117,386
2022-08-31$253.11$250.0026.8%7.7%28.7%47.5%25.7%4.9%-0.1%2.2M-16.0M-1.5M1.0980.739201,00730,63217,549