APD Options History — July 2024

In July 2024, APD traded between $247.49 and $269.86. ATM implied volatility averaged 29.6%, placing in the 59.9% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 1.5% (HV 20d: 28.1%). Max pain ranged from $260.00 to $270.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.02.

Notable Days

  • 2024-07-11: Highest Volume — 3,064 contracts
  • 2024-07-10: Largest IV spike — 39.8% change
  • 2024-07-31: Highest IV Rank — 98.8%
  • 2024-07-31: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$258.76$247.49$269.86$247.49$265.81
Max Pain$260.91$260.00$270.00$270.00$260.00
ATM IV29.6%17.9%40.3%18.9%40.3%
Expected Move8.8%5.1%11.6%5.4%11.6%
HV 20d28.1%24.1%33.2%29.3%27.5%
HV 60d22.9%21.2%25.5%21.8%25.1%
IV Rank59.9%17.6%98.8%21.3%98.8%
IV Percentile79.7%30.6%99.6%46.8%99.6%
Term Structure-4.9%-12.4%8.3%7.5%-12.4%
VWIV31.0%18.2%41.0%18.4%40.7%
Skew 25d2.1%0.7%4.2%1.7%4.0%
Skew 10d5.6%2.0%11.1%4.1%9.0%
Call IV 25d30.1%18.1%39.0%18.6%39.0%
Put IV 25d32.2%19.1%43.0%20.2%43.0%
Bid-Ask Spread %74.2068.2689.2980.6171.33
Gamma HHI0.150.100.270.100.15
Net GEX4.7M1.4M10.8M1.4M5.8M
Net DEX-79.8M-157.1M-7.1M-7.1M-124.4M
Net VEX-978.5K-1.1M-880.8K-880.8K-1.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.020.042.060.800.96
Total Volume1,117.9552923,0641,3242,853
Total OI30,309.527,44233,77827,59833,778

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-07-01$247.49$270.0018.9%5.4%29.3%21.3%18.4%1.7%7.5%1.4M-7.1M-880.8K0.8080.6173758714,43213,166
2024-07-02$247.85$260.0017.9%5.1%27.7%17.6%18.2%1.1%8.3%1.6M-21.7M-891.7K1.3177.5750566014,53312,909
2024-07-03$252.57$260.0018.6%5.3%28.9%20.1%18.7%1.7%8.1%2.5M-47.7M-941.5K1.1289.2913815414,83112,712
2024-07-05$254.06$270.0018.8%7.8%29.1%20.7%26.9%2.2%-2.8%2.7M-47.8M-915.8K0.7170.9724017114,84612,797
2024-07-08$255.05$260.0019.0%7.8%29.2%21.5%27.5%1.8%-3.1%2.9M-43.9M-933.2K0.9774.9129929114,99712,927
2024-07-09$254.74$260.0019.5%7.9%24.3%23.4%27.1%1.6%-3.2%2.9M-53.0M-910.1K1.4675.1813419515,07913,083
2024-07-10$255.45$260.0027.3%7.8%24.1%51.6%28.9%1.6%-3.7%2.7M-48.3M-928.9K1.1975.4733239615,12113,212
2024-07-11$257.68$260.0027.8%8.0%24.6%53.3%28.2%1.0%-4.2%3.5M-65.7M-910.5K0.0476.392,94711715,30313,521
2024-07-12$262.12$260.0027.8%8.0%25.6%53.4%27.9%0.7%-4.4%6.3M-101.7M-924.1K0.8373.5846838916,57113,573
2024-07-15$260.00$260.0028.7%8.2%25.2%56.6%29.1%1.6%-4.7%4.9M-85.2M-950.0K0.3875.6766725416,72913,902
2024-07-16$267.64$260.0029.2%8.4%25.4%58.5%29.6%1.5%-5.0%9.5M-140.6M-955.0K0.5073.9956428016,89714,071
2024-07-17$269.86$260.0030.1%8.6%25.4%61.7%30.3%0.8%-5.8%10.8M-157.1M-954.5K0.5273.9530516016,98914,217
2024-07-18$266.99$260.0030.7%8.8%25.5%64.1%31.0%0.8%-5.6%10.0M-132.9M-966.7K0.4275.8126511217,12114,308
2024-07-19$262.21$260.0032.1%9.2%26.1%68.9%32.1%2.8%-6.6%4.6M-99.7M-961.4K0.2273.141,01622217,20814,348
2024-07-22$249.31$260.0038.2%10.9%31.3%91.0%38.7%4.2%-9.8%2.8M-32.9M-971.0K1.8073.461,0851,95515,02413,892
2024-07-23$253.73$260.0036.4%10.4%32.2%84.5%37.0%2.3%-8.9%3.0M-49.2M-1.0M1.8474.917711,41615,45315,302
2024-07-24$259.34$260.0036.1%10.4%33.2%83.7%36.2%1.8%-8.5%4.3M-78.6M-1.1M0.4569.7593942215,94915,899
2024-07-25$258.65$260.0036.6%10.5%32.1%85.4%36.9%3.2%-9.0%4.3M-76.0M-1.1M2.0669.0816734416,55416,136
2024-07-26$260.85$260.0037.1%10.6%32.1%87.0%37.6%3.1%-9.4%4.9M-93.8M-1.1M1.9069.8914527516,57616,314
2024-07-29$265.76$260.0039.6%11.3%32.2%96.2%41.0%3.9%-11.7%5.9M-124.3M-1.1M1.8969.2838472516,57516,447
2024-07-30$265.48$260.0040.0%11.5%27.5%97.8%40.7%3.2%-12.0%5.7M-123.2M-1.1M1.0268.2625225716,72216,785
2024-07-31$265.81$260.0040.3%11.6%27.5%98.8%40.7%4.0%-12.4%5.8M-124.4M-1.1M0.9671.331,4561,39716,79616,982