APD Options History — November 2022

In November 2022, APD traded between $246.72 and $311.08. ATM implied volatility averaged 26.3%, placing in the 45.8% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded below realized volatility by 8.6% (HV 20d: 34.9%). Max pain ranged from $240.00 to $270.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 1.17.

Notable Days

  • 2022-11-11: Highest Volume — 8,183 contracts
  • 2022-11-28: Largest IV spike — 16.8% change
  • 2022-11-02: Highest IV Rank — 80.5%
  • 2022-11-02: Largest Expected Move — 10.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$289.21$246.72$311.08$252.04$309.48
Max Pain$261.43$240.00$270.00$240.00$270.00
ATM IV26.3%21.8%34.9%34.7%23.5%
Expected Move7.4%6.3%10.0%9.9%6.7%
HV 20d34.9%28.9%37.0%28.9%36.6%
HV 60d31.4%27.3%32.6%27.3%32.6%
IV Rank45.8%27.5%80.5%79.5%34.5%
IV Percentile42.1%11.9%95.2%94.4%22.6%
Term Structure-0.6%-5.2%1.0%-5.0%-0.3%
VWIV28.1%23.0%35.9%34.3%24.4%
Skew 25d4.8%3.4%6.2%4.4%3.9%
Skew 10d11.0%5.0%16.2%10.0%6.8%
Call IV 25d24.3%20.7%34.6%33.1%21.8%
Put IV 25d29.2%24.5%39.7%37.6%25.7%
Bid-Ask Spread %70.6757.6985.4476.8579.39
Gamma HHI0.150.130.180.160.16
Net GEX9.4M-375.3K13.4M1.1M13.4M
Net DEX-327.1M-475.6M8.8M-33.5M-454.5M
Net VEX-1.2M-1.3M-1.1M-1.3M-1.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.170.402.210.690.80
Total Volume3,497.8571548,1832,631695
Total OI49,498.42944,96354,67444,96349,815

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-11-01$252.04$240.0034.7%9.9%28.9%79.5%34.3%4.4%-5.0%1.1M-33.5M-1.3M0.6976.851,5591,07222,70222,261
2022-11-02$246.72$240.0034.9%10.0%29.5%80.5%35.9%5.1%-5.2%-375.3K8.8M-1.3M1.0585.442,1332,24822,82622,342
2022-11-03$263.74$250.0031.7%8.3%36.5%67.6%27.6%5.8%-1.0%5.1M-133.0M-1.3M0.8663.022,2371,93423,45723,087
2022-11-04$275.49$250.0027.2%7.7%36.1%49.2%27.1%6.2%-0.4%7.1M-221.8M-1.3M0.7567.362,4411,83723,86223,331
2022-11-07$278.19$260.0028.3%7.5%36.1%53.9%26.8%5.6%0.4%8.1M-253.5M-1.2M1.0365.921,7751,83324,42523,732
2022-11-08$284.20$260.0031.0%8.0%35.8%64.8%28.5%5.0%-0.7%8.4M-303.1M-1.2M1.1565.501,9352,22124,60324,092
2022-11-09$280.61$260.0028.2%8.1%36.3%53.4%28.0%4.3%-0.9%7.9M-268.4M-1.3M1.5871.871,3292,10225,15524,605
2022-11-10$288.41$260.0025.4%7.3%35.7%42.1%32.0%5.7%-0.5%8.4M-324.4M-1.2M1.8167.381,4692,65525,33625,257
2022-11-11$289.05$260.0024.8%7.1%34.1%39.5%27.1%5.2%-0.0%8.7M-338.1M-1.2M0.5868.815,1813,00225,38624,789
2022-11-14$296.09$260.0024.3%7.0%34.3%37.6%24.6%4.3%0.2%11.0M-416.8M-1.2M1.3960.642,0692,88527,35325,189
2022-11-15$294.37$260.0026.3%7.5%34.7%45.6%33.4%6.1%-0.2%10.7M-395.8M-1.3M1.8670.311,4722,73928,05925,446
2022-11-16$296.05$260.0023.9%6.9%34.4%36.0%28.6%5.1%-0.3%10.9M-408.4M-1.3M1.3568.601,8522,50628,32125,688
2022-11-17$292.09$270.0024.6%7.1%34.7%38.9%29.8%4.9%0.2%11.6M-384.2M-1.3M1.8670.101,3912,58228,81025,749
2022-11-18$296.09$270.0023.0%6.6%34.7%32.3%34.1%5.1%1.0%10.6M-412.7M-1.3M2.2169.181,1512,54528,78725,887
2022-11-21$296.55$270.0022.9%6.6%34.8%31.7%26.6%4.7%0.5%10.6M-337.9M-1.2M1.6970.691,3792,33626,01021,125
2022-11-22$308.98$270.0022.4%6.4%35.8%29.9%23.5%3.7%0.5%12.7M-458.3M-1.1M0.6457.692,3831,52726,25621,246
2022-11-23$307.87$270.0021.8%6.3%36.2%27.5%23.0%3.4%0.3%12.6M-439.6M-1.2M1.0174.781,4211,42926,70321,496
2022-11-25$311.08$270.0022.5%6.4%35.3%30.1%24.0%4.4%0.7%13.2M-475.6M-1.1M0.7577.32886626,91721,663
2022-11-28$304.23$270.0026.2%7.5%37.0%45.4%25.9%4.6%-0.9%12.6M-417.1M-1.1M1.0774.3438541226,99521,710
2022-11-29$302.05$270.0025.6%7.3%36.3%42.8%25.7%3.7%-1.0%12.2M-401.1M-1.1M0.4078.9084333627,10021,894
2022-11-30$309.48$270.0023.5%6.7%36.6%34.5%24.4%3.9%-0.3%13.4M-454.5M-1.2M0.8079.3938730827,77322,042