APD Options History — September 2022

In September 2022, APD traded between $230.35 and $263.61. ATM implied volatility averaged 27.7%, placing in the 51.2% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 3.0% (HV 20d: 24.7%). Max pain ranged from $240.00 to $260.00. Net GEX was positive for 8 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 1.26.

Notable Days

  • 2022-09-28: Highest Volume — 4,554 contracts
  • 2022-09-12: Largest IV spike — 30.5% change
  • 2022-09-27: Highest IV Rank — 73.0%
  • 2022-09-27: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$245.49$230.35$263.61$248.83$234.39
Max Pain$253.33$240.00$260.00$250.00$240.00
ATM IV27.7%22.0%33.1%25.9%32.2%
Expected Move7.8%6.6%9.5%7.4%9.2%
HV 20d24.7%22.4%26.9%23.3%26.9%
HV 60d26.2%25.5%27.0%26.7%26.2%
IV Rank51.2%28.2%73.0%44.1%69.4%
IV Percentile64.7%29.0%92.9%54.0%90.5%
Term Structure1.7%0.0%2.9%0.0%1.3%
VWIV27.6%23.5%32.1%25.5%31.3%
Skew 25d5.1%2.9%7.0%4.4%6.9%
Skew 10d10.1%2.7%15.0%6.7%13.7%
Call IV 25d25.7%21.6%31.3%24.2%28.6%
Put IV 25d30.8%27.3%36.5%28.6%35.5%
Bid-Ask Spread %79.7974.1187.6985.3679.44
Gamma HHI0.150.140.170.140.15
Net GEX12.0K-2.2M7.5M1.3M-1.5M
Net DEX32.4M-84.5M111.8M8.7M87.6M
Net VEX-1.4M-1.5M-1.3M-1.5M-1.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.260.272.940.981.45
Total Volume1,674.9523184,5546842,568
Total OI43,645.95234,58851,02648,50039,490

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-09-01$248.83$250.0025.9%7.4%23.3%44.1%25.5%4.4%0.0%1.3M8.7M-1.5M0.9885.3634633830,92317,577
2022-09-02$246.17$250.0025.0%7.2%22.4%40.5%25.6%2.9%0.5%102.0K22.0M-1.5M0.7087.6927419130,89617,564
2022-09-06$246.21$260.0025.6%7.4%22.4%42.8%27.6%7.0%2.2%-65.8K25.9M-1.5M1.6481.167251,19131,02217,557
2022-09-07$253.52$260.0026.7%7.3%24.7%47.4%25.0%5.2%1.9%1.4M-14.6M-1.5M2.9478.898592,52931,05717,604
2022-09-08$253.24$260.0025.6%7.3%22.6%42.8%25.5%5.1%2.3%881.8K-8.6M-1.5M0.6478.4421813931,14818,942
2022-09-09$256.83$260.0022.0%6.6%23.3%28.2%23.5%5.5%2.6%2.9M-36.4M-1.5M0.5983.9320011831,28218,972
2022-09-12$263.61$260.0028.7%6.7%23.7%55.4%23.5%5.7%2.9%7.5M-84.5M-1.5M0.7781.3042732931,33919,001
2022-09-13$255.75$260.0030.3%7.2%25.1%62.1%27.8%5.4%2.2%2.0M-33.0M-1.5M2.1081.307271,52831,40219,199
2022-09-14$255.10$260.0024.4%7.0%25.1%37.8%25.3%5.7%2.4%1.9M-22.4M-1.5M1.5382.1426840931,48519,268
2022-09-15$248.34$260.0026.6%7.6%25.3%46.9%26.3%3.0%1.3%-807.2K19.2M-1.4M1.4479.1333347931,52519,326
2022-09-16$247.14$260.0026.3%7.5%25.1%45.5%27.2%4.6%2.4%-918.8K29.0M-1.4M2.3280.057571,75831,70419,322
2022-09-19$249.16$250.0026.4%7.6%25.0%45.9%26.3%5.5%2.0%-391.4K21.4M-1.4M0.2776.561,61442817,17617,412
2022-09-20$245.64$250.0026.8%7.7%25.2%47.6%29.3%4.6%1.6%-957.2K43.0M-1.4M0.6880.6040227517,62617,559
2022-09-21$242.40$250.0027.2%7.8%25.4%49.4%28.5%3.2%2.8%-1.4M53.3M-1.4M1.3981.0425134917,93317,665
2022-09-22$240.41$250.0028.0%8.0%25.2%52.5%27.1%4.8%2.2%-1.8M69.5M-1.4M0.4974.1193145618,03717,841
2022-09-23$237.00$250.0029.3%8.4%24.7%57.6%30.2%5.7%1.3%-1.8M86.6M-1.3M0.7180.3247333818,77017,891
2022-09-26$232.77$250.0031.3%9.0%25.0%66.0%30.7%4.5%0.7%-2.1M102.7M-1.3M1.3677.719961,35819,08317,834
2022-09-27$230.35$250.0033.1%9.5%25.0%73.0%32.1%5.2%0.5%-2.2M111.8M-1.3M1.4674.881,4202,07219,25317,929
2022-09-28$236.09$250.0028.9%8.3%26.6%56.1%28.9%6.3%0.8%-1.7M88.6M-1.4M1.4775.851,8452,70919,41618,122
2022-09-29$232.29$240.0031.1%8.9%26.9%65.1%31.5%5.8%1.7%-2.1M111.1M-1.4M1.4575.791,0411,50520,38519,028
2022-09-30$234.39$240.0032.2%9.2%26.9%69.4%31.3%6.9%1.3%-1.5M87.6M-1.4M1.4579.441,0501,51820,47619,014