APD Options History — June 2024

In June 2024, APD traded between $258.53 and $285.63. ATM implied volatility averaged 17.8%, placing in the 17.2% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded below realized volatility by 4.2% (HV 20d: 22.0%). Max pain ranged from $240.00 to $280.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 17 of 19 days. Put/call ratio averaged 0.69.

Notable Days

2024-06-10: Highest Volume — 5,592 contracts
2024-06-11: Largest IV drop — 9.1% change
2024-06-10: Highest IV Rank — 23.9%
2024-06-03: Largest Expected Move — 5.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$272.91	$258.53	$285.63	$271.05	$258.53
Max Pain	$267.37	$240.00	$280.00	$240.00	$270.00
ATM IV	17.8%	16.6%	19.7%	18.9%	17.5%
Expected Move	5.1%	4.8%	5.4%	5.4%	5.0%
HV 20d	22.0%	17.3%	25.8%	17.3%	25.8%
HV 60d	18.6%	16.6%	19.9%	17.8%	19.9%
IV Rank	17.2%	12.9%	23.9%	20.9%	16.2%
IV Percentile	29.3%	12.3%	57.1%	42.1%	23.8%
Term Structure	4.9%	-0.4%	7.6%	-0.4%	7.5%
VWIV	17.9%	15.7%	19.4%	19.0%	17.3%
Skew 25d	0.7%	-0.6%	1.3%	1.3%	0.4%
Skew 10d	1.8%	0.9%	2.9%	2.4%	1.9%
Call IV 25d	17.9%	16.4%	19.5%	18.2%	17.7%
Put IV 25d	18.6%	17.3%	19.5%	19.4%	18.1%
Bid-Ask Spread %	83.65	73.09	88.75	83.70	82.09
Gamma HHI	0.23	0.12	0.44	0.25	0.12
Net GEX	10.1M	2.9M	14.0M	11.0M	2.9M
Net DEX	-250.3M	-386.2M	-47.8M	-280.4M	-47.8M
Net VEX	-955.7K	-1.0M	-894.0K	-926.4K	-944.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.69	0.04	2.22	0.86	1.05
Total Volume	1,353.316	312	5,592	594	429
Total OI	37,759.526	25,829	44,623	37,504	27,411

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2024-06-03	$271.05	$240.00	18.9%	5.4%	17.3%	20.9%	19.0%	1.3%	-0.4%	11.0M	-280.4M	-926.4K	0.86	83.70	319	275	19,652	17,852
2024-06-04	$270.84	$240.00	18.5%	5.3%	17.4%	19.7%	15.7%	1.2%	-0.1%	11.7M	-276.5M	-1.0M	0.04	86.16	3,269	138	20,850	17,973
2024-06-05	$270.12	$240.00	17.6%	5.0%	17.6%	16.3%	17.8%	0.6%	0.2%	13.0M	-260.1M	-989.0K	0.40	73.09	247	98	21,681	17,981
2024-06-06	$269.54	$270.00	17.5%	5.2%	17.3%	16.0%	18.2%	1.1%	5.0%	13.1M	-257.9M	-965.1K	0.10	80.74	1,813	188	21,800	18,020
2024-06-07	$280.72	$270.00	18.0%	5.3%	21.3%	17.9%	18.3%	0.7%	4.7%	11.9M	-354.6M	-978.9K	0.63	80.98	1,054	668	22,532	18,157
2024-06-10	$282.47	$270.00	19.7%	5.3%	21.3%	23.9%	19.4%	0.2%	3.7%	10.8M	-362.3M	-960.6K	0.07	80.92	5,243	349	21,577	18,584
2024-06-11	$282.24	$270.00	17.9%	5.2%	21.3%	17.4%	18.6%	1.0%	4.7%	12.8M	-363.2M	-964.8K	1.04	85.97	312	324	24,757	18,712
2024-06-12	$283.16	$270.00	17.6%	5.1%	20.9%	16.5%	17.9%	0.4%	4.9%	13.5M	-369.0M	-978.2K	0.53	84.87	451	241	24,784	18,913
2024-06-13	$285.63	$270.00	17.5%	5.0%	20.9%	16.0%	17.6%	0.4%	4.7%	14.0M	-386.2M	-967.6K	2.22	82.10	989	2,198	24,785	18,992
2024-06-14	$276.08	$280.00	17.7%	5.1%	24.2%	16.7%	17.8%	0.9%	4.8%	11.7M	-310.4M	-949.7K	0.52	86.38	546	284	24,962	19,661
2024-06-17	$273.25	$280.00	18.2%	5.2%	24.1%	18.7%	18.4%	1.1%	4.6%	13.2M	-282.5M	-977.8K	0.72	85.66	304	219	25,043	17,744
2024-06-18	$274.90	$280.00	17.9%	5.1%	23.7%	17.5%	18.0%	0.6%	5.1%	11.8M	-297.3M	-960.0K	1.20	86.51	202	242	25,005	17,850
2024-06-20	$272.92	$280.00	18.1%	5.2%	23.8%	18.1%	18.6%	-0.6%	7.3%	13.8M	-291.2M	-935.8K	0.19	88.75	262	50	25,116	17,861
2024-06-21	$272.13	$270.00	17.3%	5.0%	23.8%	15.3%	17.3%	0.7%	6.8%	11.4M	-289.2M	-925.7K	0.13	86.97	1,318	169	24,979	17,756
2024-06-24	$270.83	$270.00	16.9%	4.9%	23.7%	14.0%	17.1%	0.7%	7.4%	4.9M	-113.5M	-894.0K	1.77	86.23	412	731	13,473	12,356
2024-06-25	$267.19	$270.00	16.6%	4.8%	24.0%	12.9%	17.0%	0.9%	7.5%	4.3M	-83.0M	-977.9K	0.43	86.84	513	219	13,736	12,886
2024-06-26	$260.85	$270.00	17.7%	5.1%	25.5%	16.9%	17.9%	1.1%	7.2%	3.2M	-59.3M	-907.3K	0.66	84.05	616	406	13,798	12,997
2024-06-27	$262.87	$270.00	17.4%	5.0%	25.0%	15.9%	17.7%	1.2%	7.6%	3.8M	-71.1M	-948.1K	0.49	77.34	412	203	14,237	12,958
2024-06-28	$258.53	$270.00	17.5%	5.0%	25.8%	16.2%	17.3%	0.4%	7.5%	2.9M	-47.8M	-944.1K	1.05	82.09	209	220	14,368	13,043