APD Options History — August 2024

In August 2024, APD traded between $272.51 and $286.32. ATM implied volatility averaged 19.5%, placing in the 23.3% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded below realized volatility by 13.2% (HV 20d: 32.7%). Max pain ranged from $260.00 to $260.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 2.21.

Notable Days

  • 2024-08-01: Highest Volume — 4,694 contracts
  • 2024-08-12: Largest IV spike — 32.8% change
  • 2024-08-05: Highest IV Rank — 55.3%
  • 2024-08-05: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$277.04$272.51$286.32$286.32$278.10
Max Pain$260.00$260.00$260.00$260.00$260.00
ATM IV19.5%16.0%28.3%22.4%16.0%
Expected Move5.5%4.6%7.3%6.4%4.6%
HV 20d32.7%10.4%38.6%37.0%10.4%
HV 60d29.1%28.4%29.7%29.2%28.4%
IV Rank23.3%10.5%55.3%34.0%10.5%
IV Percentile39.7%3.2%81.3%70.2%3.2%
Term Structure2.1%-2.1%5.7%-2.1%1.3%
VWIV19.6%16.3%25.8%23.3%16.3%
Skew 25d2.1%1.4%3.4%1.8%2.0%
Skew 10d4.6%2.7%6.9%3.8%4.8%
Call IV 25d18.6%15.8%24.6%22.7%15.8%
Put IV 25d20.7%17.8%27.8%24.4%17.8%
Bid-Ask Spread %79.8870.9587.6170.9586.28
Gamma HHI0.310.160.490.250.35
Net GEX10.6M4.4M14.1M11.8M14.1M
Net DEX-176.1M-283.5M-115.9M-283.5M-186.7M
Net VEX-1.0M-1.1M-965.4K-973.0K-1.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.210.0615.420.780.43
Total Volume1,352.6361634,6944,694257
Total OI36,931.45532,50341,32235,31739,084

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$286.32$260.0022.4%6.4%37.0%34.0%23.3%1.8%-2.1%11.8M-283.5M-973.0K0.7870.952,6302,06417,45817,859
2024-08-02$280.69$260.0023.5%6.7%38.2%37.9%25.0%3.4%-1.0%11.6M-224.9M-1.1M3.7479.284271,59517,88718,278
2024-08-05$278.05$260.0028.3%7.3%38.5%55.3%25.8%3.2%3.2%9.6M-196.0M-1.1M1.3472.6944860017,93218,887
2024-08-06$278.66$260.0023.1%6.2%38.5%36.4%22.1%2.7%4.6%11.5M-194.0M-1.1M1.3773.2620528117,59118,963
2024-08-07$278.07$260.0022.2%6.1%38.5%33.1%22.1%2.8%4.6%11.5M-191.7M-1.0M9.0574.291411,27617,66819,025
2024-08-08$278.95$260.0020.3%5.8%38.5%26.1%20.9%2.4%4.6%12.5M-200.3M-1.0M1.4577.8721431117,72819,243
2024-08-09$278.15$260.0018.6%5.5%38.3%19.9%19.7%2.5%5.1%12.7M-189.7M-1.0M1.4077.8946464917,78519,437
2024-08-12$273.88$260.0024.6%5.9%38.6%41.9%20.2%2.4%4.6%9.7M-148.0M-997.2K1.0378.5360462318,00919,764
2024-08-13$276.43$260.0020.6%5.4%37.5%27.2%19.0%2.3%5.4%12.8M-172.4M-988.7K1.1080.3236840418,13119,988
2024-08-14$276.39$260.0018.3%5.2%37.4%19.0%19.2%2.2%5.7%13.1M-167.9M-1.0M0.9579.102,0701,97018,20820,138
2024-08-15$274.25$260.0018.0%5.2%37.3%17.9%18.0%1.8%1.6%6.8M-147.1M-965.4K0.4480.9333114619,74821,376
2024-08-16$275.50$260.0016.6%4.8%36.6%12.9%16.9%2.0%1.1%4.4M-158.7M-966.6K0.0680.381,5138619,99421,328
2024-08-19$274.48$260.0017.7%5.1%30.9%16.7%17.0%1.8%0.8%5.6M-131.2M-967.1K0.2579.8067716815,53316,970
2024-08-20$272.51$260.0018.1%5.2%30.8%18.2%18.1%1.7%0.7%5.3M-115.9M-989.5K0.5683.231639115,73617,020
2024-08-21$275.09$260.0016.8%4.8%30.1%13.7%16.9%1.9%1.2%6.0M-132.9M-1.0M0.0879.813,03723415,82617,085
2024-08-22$274.38$260.0018.2%5.2%30.1%18.6%19.7%1.7%0.9%11.3M-156.5M-1.1M5.9080.865834218,51617,202
2024-08-23$275.58$260.0016.4%4.7%30.1%12.0%19.3%1.5%1.1%12.0M-159.7M-1.1M15.4287.61651,00218,50717,403
2024-08-26$278.08$260.0017.4%5.0%29.6%15.5%17.4%1.5%0.6%12.2M-191.3M-1.0M0.4383.351,39560518,50218,219
2024-08-27$277.63$260.0016.9%4.8%29.6%13.9%17.4%1.4%1.0%12.7M-175.8M-1.0M0.0787.211,50710018,49818,667
2024-08-28$276.74$260.0017.8%5.1%29.7%17.1%20.1%1.7%0.5%11.9M-177.4M-1.1M2.5481.844611719,84718,750
2024-08-29$276.88$260.0016.9%4.9%12.3%14.0%17.4%1.8%0.9%13.2M-173.6M-1.1M0.2181.983938119,86218,840
2024-08-30$278.10$260.0016.0%4.6%10.4%10.5%16.3%2.0%1.3%14.1M-186.7M-1.1M0.4386.281807720,11818,966