APD Options History — September 2024

In September 2024, APD traded between $267.81 and $300.28. ATM implied volatility averaged 21.2%, placing in the 26.2% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 5.1% (HV 20d: 16.1%). Max pain ranged from $260.00 to $290.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 0.81.

Notable Days

  • 2024-09-24: Highest Volume — 4,843 contracts
  • 2024-09-30: Largest IV spike — 8.5% change
  • 2024-09-30: Highest IV Rank — 36.6%
  • 2024-09-30: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$285.20$267.81$300.28$274.30$297.37
Max Pain$277.00$260.00$290.00$260.00$290.00
ATM IV21.2%19.8%24.1%20.6%24.1%
Expected Move6.1%5.7%6.9%5.9%6.9%
HV 20d16.1%11.0%19.7%11.0%19.7%
HV 60d27.0%25.2%28.5%28.5%25.3%
IV Rank26.2%22.1%36.6%27.5%36.6%
IV Percentile63.8%56.0%72.2%63.5%72.2%
Term Structure5.9%-0.4%9.3%-0.4%8.8%
VWIV21.6%19.8%24.3%19.8%24.1%
Skew 25d1.1%-0.9%2.8%2.6%0.1%
Skew 10d3.5%-1.1%6.8%6.4%0.7%
Call IV 25d21.4%19.4%24.3%19.4%23.8%
Put IV 25d22.6%21.3%24.1%22.0%23.9%
Bid-Ask Spread %77.5970.9287.0687.0681.02
Gamma HHI0.270.200.370.300.21
Net GEX14.8M5.0M21.8M10.8M16.1M
Net DEX-234.6M-387.9M-66.5M-139.8M-251.7M
Net VEX-1.1M-1.4M-993.1K-1.1M-1.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.810.045.590.680.11
Total Volume1,459.852624,8433181,271
Total OI39,936.829,86246,69139,15337,938

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-09-03$274.30$260.0020.6%5.9%11.0%27.5%19.8%2.6%-0.4%10.8M-139.8M-1.1M0.6887.0618912920,15418,999
2024-09-04$275.34$260.0019.8%5.7%11.0%24.2%19.9%2.4%0.1%11.6M-152.4M-1.1M0.1485.9572810420,20919,059
2024-09-05$274.69$280.0020.8%5.9%11.0%24.5%19.8%2.4%4.7%11.7M-144.7M-1.1M0.1974.783426620,28819,023
2024-09-06$267.81$280.0021.3%6.1%14.0%26.6%21.3%2.6%4.5%5.0M-66.5M-1.0M0.3773.491917120,28519,054
2024-09-09$273.04$270.0020.4%6.0%15.9%23.1%20.8%1.8%5.1%10.8M-129.3M-993.1K5.5975.9111564320,35219,060
2024-09-10$275.77$270.0020.6%6.0%15.4%24.0%20.9%2.3%4.8%13.1M-156.9M-1.0M0.6373.051,6591,04620,40519,494
2024-09-11$276.45$280.0020.6%5.9%15.0%23.4%21.0%2.8%5.0%14.7M-162.4M-1.1M0.1070.925185321,67120,520
2024-09-12$279.18$270.0020.9%6.0%15.4%24.6%21.3%1.3%4.5%17.9M-204.8M-1.1M0.9174.8616515021,86520,551
2024-09-13$284.35$280.0020.6%5.9%16.3%23.4%20.3%1.7%5.1%19.9M-280.6M-1.0M0.2375.9677418121,93020,572
2024-09-16$288.69$280.0022.1%6.3%17.0%28.9%22.8%1.7%4.4%18.2M-332.2M-994.1K0.0473.643,74415022,19920,629
2024-09-17$290.71$280.0021.7%6.2%16.9%27.3%22.2%0.8%4.7%19.5M-387.9M-1.1M0.2874.1284923625,35220,685
2024-09-18$287.60$280.0022.4%6.4%17.2%30.1%24.3%-0.6%6.8%21.8M-352.6M-1.1M0.4178.0142317325,62820,752
2024-09-19$288.41$280.0021.1%6.0%17.1%25.2%21.6%-0.1%7.1%19.0M-366.7M-1.1M0.3177.0080925325,82820,841
2024-09-20$287.55$280.0020.3%5.8%17.1%22.1%20.8%0.2%8.3%14.5M-351.8M-1.1M0.1978.632,18542325,80120,890
2024-09-23$291.62$280.0021.0%6.0%17.6%24.9%22.0%-0.9%8.0%11.6M-189.5M-1.2M0.9176.281,1041,00617,81012,052
2024-09-24$296.24$280.0020.4%5.9%18.0%22.6%21.0%0.1%8.9%13.4M-227.8M-1.2M0.9680.862,4682,37518,48512,516
2024-09-25$294.33$280.0021.1%6.0%18.3%25.2%22.0%0.4%8.7%13.9M-227.5M-1.3M0.2677.661,30734020,63213,735
2024-09-26$300.19$280.0022.5%6.4%19.1%30.5%23.0%1.1%9.2%16.5M-283.3M-1.4M3.0580.176261,90821,83313,861
2024-09-27$300.28$280.0022.2%6.4%19.1%29.4%22.6%0.2%9.3%16.6M-283.1M-1.4M0.7582.4224218122,22615,552
2024-09-30$297.37$290.0024.1%6.9%19.7%36.6%24.1%0.1%8.8%16.1M-251.7M-1.4M0.1181.021,14113022,27415,664