APD Options History — November 2024

In November 2024, APD traded between $306.25 and $334.85. ATM implied volatility averaged 25.5%, placing in the 30.2% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 8.8% (HV 20d: 16.6%). Max pain ranged from $290.00 to $290.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.87.

Notable Days

2024-11-04: Highest Volume — 6,872 contracts
2024-11-07: Largest IV drop — 53.1% change
2024-11-01: Highest IV Rank — 100.0%
2024-11-01: Largest Expected Move — 13.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$320.05	$306.25	$334.85	$309.76	$334.38
Max Pain	$290.00	$290.00	$290.00	$290.00	$290.00
ATM IV	25.5%	17.8%	51.4%	45.9%	18.3%
Expected Move	6.3%	5.1%	13.1%	13.1%	5.2%
HV 20d	16.6%	12.6%	37.5%	37.5%	14.7%
HV 60d	25.7%	25.4%	26.2%	25.5%	25.9%
IV Rank	30.2%	5.1%	100.0%	100.0%	6.6%
IV Percentile	51.9%	19.8%	100.0%	100.0%	29.4%
Term Structure	-1.1%	-14.4%	0.9%	-14.4%	0.5%
VWIV	22.1%	16.3%	46.6%	46.6%	18.8%
Skew 25d	2.0%	-0.0%	5.8%	5.8%	-0.0%
Skew 10d	5.2%	-4.5%	13.1%	13.1%	6.0%
Call IV 25d	21.3%	16.8%	43.3%	43.3%	17.6%
Put IV 25d	23.2%	17.5%	49.1%	49.1%	17.5%
Bid-Ask Spread %	84.13	72.27	89.96	72.27	89.96
Gamma HHI	0.34	0.16	0.56	0.17	0.56
Net GEX	27.1M	13.2M	38.4M	13.9M	38.4M
Net DEX	-488.9M	-652.3M	-302.7M	-350.9M	-635.0M
Net VEX	-1.4M	-1.7M	-1.2M	-1.6M	-1.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.87	0.11	2.36	1.12	0.77
Total Volume	1,244.7	126	6,872	376	126
Total OI	53,959.65	47,073	58,752	52,617	51,422

Daily Data (20 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
2024-11-01	$309.76	$290.00	45.9%	13.1%	37.5%	100.0%	46.6%	5.8%	-14.4%	13.9M	-350.9M	-1.6M	1.12	72.27	177	199	30,818	21,799
2024-11-04	$306.25	$290.00	49.1%	9.0%	18.5%	100.0%	32.8%	3.1%	-3.9%	13.2M	-302.7M	-1.6M	0.33	77.49	5,159	1,713	30,781	21,898
2024-11-05	$306.81	$290.00	51.4%	8.8%	18.0%	100.0%	31.4%	3.3%	-4.2%	17.5M	-346.3M	-1.7M	0.96	80.60	151	145	35,758	22,269
2024-11-06	$307.06	$290.00	48.5%	8.3%	14.4%	92.1%	30.2%	0.5%	-3.8%	19.0M	-363.0M	-1.6M	0.71	84.46	1,058	756	35,773	21,365
2024-11-07	$312.19	$290.00	22.7%	5.5%	15.1%	22.3%	19.4%	1.2%	0.4%	23.2M	-426.4M	-1.3M	0.58	81.11	898	521	36,239	21,715
2024-11-08	$312.50	$290.00	21.5%	5.9%	14.8%	18.9%	20.4%	2.3%	0.6%	22.3M	-429.1M	-1.4M	1.43	78.68	529	757	36,266	21,622
2024-11-11	$313.31	$290.00	25.4%	5.9%	14.5%	29.4%	21.1%	2.1%	0.3%	22.8M	-438.0M	-1.3M	2.36	80.41	203	479	36,429	22,026
2024-11-12	$311.35	$290.00	25.6%	5.9%	14.0%	29.9%	20.4%	2.0%	-0.1%	20.4M	-387.8M	-1.4M	0.68	84.99	194	131	36,437	22,296
2024-11-13	$312.33	$290.00	19.4%	5.6%	12.6%	13.4%	20.4%	1.6%	-0.1%	21.8M	-410.2M	-1.3M	0.76	82.02	122	93	36,460	22,262
2024-11-14	$315.19	$290.00	18.1%	5.2%	13.2%	9.7%	18.2%	1.6%	-0.0%	24.4M	-473.2M	-1.2M	0.27	84.61	874	237	36,474	22,278
2024-11-15	$316.62	$290.00	17.8%	5.1%	12.7%	8.8%	17.5%	3.0%	0.9%	26.4M	-486.0M	-1.2M	0.11	87.47	1,482	156	36,251	22,318
2024-11-18	$327.45	$290.00	17.8%	5.1%	18.0%	8.9%	17.9%	2.0%	0.5%	33.4M	-544.7M	-1.3M	0.49	86.75	1,793	882	30,456	16,617
2024-11-19	$326.95	$290.00	17.8%	5.1%	17.9%	8.9%	17.7%	1.8%	0.8%	33.3M	-544.8M	-1.3M	0.79	85.56	551	435	31,353	17,293
2024-11-20	$326.75	$290.00	18.1%	5.2%	17.7%	9.7%	18.6%	1.5%	0.7%	33.1M	-547.2M	-1.3M	1.61	85.99	233	374	31,628	17,591
2024-11-21	$328.61	$290.00	18.7%	5.4%	16.5%	11.2%	18.7%	1.3%	0.1%	35.6M	-559.0M	-1.4M	0.76	89.65	441	335	31,623	17,737
2024-11-22	$331.08	$290.00	18.1%	5.2%	16.1%	9.7%	18.3%	0.9%	0.3%	34.2M	-606.4M	-1.3M	1.27	88.17	1,112	1,415	31,908	17,986
2024-11-25	$333.69	$290.00	19.0%	5.4%	15.9%	12.2%	19.5%	1.7%	-0.2%	36.4M	-632.5M	-1.4M	1.07	86.66	235	251	32,227	19,040
2024-11-26	$334.85	$290.00	18.4%	5.3%	15.9%	6.9%	16.3%	2.4%	0.2%	36.8M	-652.3M	-1.3M	0.61	88.51	257	157	32,232	19,127
2024-11-27	$333.88	$290.00	17.8%	5.1%	15.0%	5.1%	18.3%	1.1%	0.2%	36.8M	-643.4M	-1.3M	0.79	87.22	147	116	32,252	19,167
2024-11-29	$334.38	$290.00	18.3%	5.2%	14.7%	6.6%	18.8%	-0.0%	0.5%	38.4M	-635.0M	-1.3M	0.77	89.96	71	55	32,266	19,156