APD Options History — April 2024

In April 2024, APD traded between $228.35 and $243.24. ATM implied volatility averaged 30.1%, placing in the 67.7% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 12.6% (HV 20d: 17.4%). Max pain ranged from $240.00 to $240.00. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.96.

Notable Days

  • 2024-04-29: Highest Volume — 4,034 contracts
  • 2024-04-10: Largest IV spike — 54.8% change
  • 2024-04-25: Highest IV Rank — 100.0%
  • 2024-04-29: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$235.49$228.35$243.24$243.24$236.93
Max Pain$240.00$240.00$240.00$240.00$240.00
ATM IV30.1%19.3%40.6%19.3%22.0%
Expected Move9.1%5.5%11.7%5.5%6.3%
HV 20d17.4%15.5%19.8%19.3%15.5%
HV 60d40.1%40.0%40.5%40.0%40.0%
IV Rank67.7%25.3%100.0%25.3%32.3%
IV Percentile82.6%44.4%100.0%44.4%64.3%
Term Structure-3.9%-12.0%9.4%9.1%-0.5%
VWIV32.2%19.4%40.9%19.8%22.7%
Skew 25d2.4%1.2%3.4%1.5%1.2%
Skew 10d4.7%2.1%6.6%2.1%2.6%
Call IV 25d30.9%18.4%40.2%18.4%21.8%
Put IV 25d33.2%19.9%42.1%19.9%23.0%
Bid-Ask Spread %71.2455.7882.2672.1177.99
Gamma HHI0.180.110.470.180.17
Net GEX-2.0M-15.9M3.3M3.3M2.4M
Net DEX13.4M-50.3M101.1M-50.3M-22.0M
Net VEX-1.3M-1.4M-1.2M-1.2M-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.960.189.472.631.01
Total Volume1,662.7273364,0348973,315
Total OI39,810.59134,99946,16034,99946,160

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$243.24$240.0019.3%5.5%19.3%25.3%19.8%1.5%9.1%3.3M-50.3M-1.2M2.6372.1124765017,75317,246
2024-04-02$239.57$240.0019.4%5.6%19.8%25.8%19.4%1.8%9.4%1.1M-16.5M-1.2M0.5276.9982842817,82017,768
2024-04-03$240.03$240.0019.8%5.7%19.8%27.3%19.5%1.4%9.4%1.4M-23.6M-1.2M0.5382.2643223017,96417,848
2024-04-04$237.07$240.0021.4%8.6%18.8%33.9%30.2%2.8%-3.2%-373.9K3.9M-1.2M0.7571.5128821718,21817,960
2024-04-05$239.14$240.0020.6%8.6%18.9%30.4%31.4%2.8%-3.2%839.8K-12.6M-1.2M1.2172.4515218418,31318,058
2024-04-08$237.79$240.0021.0%8.8%18.2%32.2%30.8%2.6%-3.8%-516.8K2.3M-1.2M1.1971.8824028518,34218,148
2024-04-09$239.51$240.0020.4%8.9%15.7%29.7%32.7%3.0%-4.2%596.6K-9.9M-1.2M3.4771.378162,82818,29718,340
2024-04-10$236.10$240.0031.6%9.1%16.0%75.0%33.1%3.0%-4.7%-2.9M29.4M-1.3M0.9372.4734331918,95220,747
2024-04-11$237.47$240.0031.7%9.1%15.8%75.5%33.5%2.7%-4.4%-2.0M10.5M-1.2M9.4773.721521,44019,15320,783
2024-04-12$232.16$240.0033.9%9.7%17.3%84.2%33.5%3.4%-4.9%-5.3M63.7M-1.3M1.5870.2847274419,16821,945
2024-04-15$230.74$240.0034.4%9.9%17.3%86.3%34.8%3.0%-5.7%-6.6M78.0M-1.2M3.0769.6924976419,30722,071
2024-04-16$228.35$240.0034.2%9.8%17.2%85.7%33.7%2.7%-6.0%-8.0M101.1M-1.2M0.7668.7663348219,35422,088
2024-04-17$228.94$240.0034.6%9.9%16.4%87.1%34.2%3.1%-6.3%-8.9M84.2M-1.2M2.2269.8741792419,69421,801
2024-04-18$232.99$240.0034.8%10.0%17.7%87.9%35.3%2.3%-6.2%-7.3M37.7M-1.2M0.8071.2577561719,80521,622
2024-04-19$231.07$240.0035.1%10.1%17.2%89.4%34.9%2.6%-6.4%-15.9M41.1M-1.2M0.1872.091,66929420,25121,568
2024-04-22$233.81$240.0037.0%10.6%17.7%96.7%37.0%2.2%-7.6%61.6K7.1M-1.3M0.2766.012,83476617,94419,162
2024-04-23$233.46$240.0035.5%10.2%17.7%91.0%36.2%2.1%-7.2%1.3M-1.3M-1.3M7.1772.863902,79520,28219,617
2024-04-24$234.30$240.0036.3%10.4%17.8%94.2%36.0%2.6%-8.0%39.4K7.6M-1.4M0.9065.6533129920,42221,987
2024-04-25$234.53$240.0038.9%11.1%16.0%100.0%38.4%1.8%-9.6%-16.5K854.2K-1.4M1.1069.4360666720,63522,172
2024-04-26$236.21$240.0038.6%11.1%16.3%99.0%39.5%1.9%-9.9%669.2K-12.8M-1.4M2.6572.756651,75920,88422,378
2024-04-29$237.35$240.0040.6%11.7%16.4%100.0%40.9%1.9%-12.0%1.5M-22.7M-1.4M0.8055.782,2461,78821,28622,520
2024-04-30$236.93$240.0022.0%6.3%15.5%32.3%22.7%1.2%-0.5%2.4M-22.0M-1.3M1.0177.991,6511,66422,56923,591