APD Options History — April 2025

In April 2025, APD traded between $244.92 and $294.69. ATM implied volatility averaged 40.4%, placing in the 41.2% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded below realized volatility by 8.0% (HV 20d: 48.4%). Max pain ranged from $280.00 to $290.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 1.04.

Notable Days

  • 2025-04-30: Highest Volume — 1,952 contracts
  • 2025-04-09: Largest IV drop — 55.7% change
  • 2025-04-07: Highest IV Rank — 100.0%
  • 2025-04-08: Largest Expected Move — 16.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$268.47$244.92$294.69$293.19$271.04
Max Pain$283.33$280.00$290.00$290.00$280.00
ATM IV40.4%22.8%83.6%22.8%42.1%
Expected Move11.4%8.3%16.6%8.3%12.1%
HV 20d48.4%25.5%58.2%25.7%58.2%
HV 60d35.1%24.7%39.1%24.7%38.9%
IV Rank41.2%19.1%100.0%19.1%38.6%
IV Percentile90.2%59.1%100.0%59.1%96.4%
Term Structure-5.6%-10.5%6.3%6.3%-9.9%
VWIV39.1%28.8%53.5%29.6%44.2%
Skew 25d6.7%1.9%12.8%2.4%6.0%
Skew 10d17.2%5.2%36.5%5.2%20.9%
Call IV 25d35.9%22.0%45.9%22.0%38.9%
Put IV 25d42.6%24.4%58.7%24.4%44.9%
Bid-Ask Spread %69.0655.0578.7164.5477.73
Gamma HHI0.160.130.200.200.13
Net GEX-32.3K-2.6M4.3M3.9M686.6K
Net DEX49.3M-31.1M106.2M-20.8M24.4M
Net VEX-710.8K-902.7K-582.9K-882.8K-744.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.040.122.430.532.20
Total Volume690.8571611,9526721,952
Total OI25,424.33321,86127,38225,98823,958

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-04-01$293.19$290.0022.8%8.3%25.7%19.1%29.6%2.4%6.3%3.9M-20.8M-882.8K0.5364.5444023217,5748,414
2025-04-02$294.69$290.0023.1%8.3%25.5%20.1%28.8%3.2%-2.6%4.3M-31.1M-902.7K0.6362.5916110117,6288,480
2025-04-03$283.25$290.0027.6%9.7%28.6%32.9%32.8%4.0%-4.1%1.1M20.8M-823.1K0.7461.8426719817,6878,484
2025-04-04$266.30$290.0038.6%11.1%33.1%63.7%37.8%7.8%-3.9%-937.3K77.2M-706.6K1.3565.4941155517,8028,547
2025-04-07$257.98$290.0055.6%14.0%30.9%100.0%49.1%6.9%-6.7%-392.1K75.6M-716.0K1.8655.0525447317,9508,541
2025-04-08$244.92$290.0083.6%16.6%34.6%100.0%53.5%12.8%-10.5%-932.4K106.2M-582.9K2.1357.7123049018,0898,640
2025-04-09$269.29$290.0037.0%10.6%50.8%31.1%37.3%11.8%-4.0%-1.4M71.0M-692.9K0.6771.5152835218,1928,768
2025-04-10$259.17$280.0045.4%13.0%52.2%43.5%42.3%9.0%-7.1%-1.3M88.6M-643.3K0.9269.8727825718,2318,731
2025-04-11$269.98$280.0040.2%11.5%54.7%35.8%40.1%10.5%-4.1%-702.9K54.8M-733.0K0.8063.6125120118,4388,741
2025-04-14$273.37$280.0037.1%10.6%54.5%31.2%36.7%7.8%-3.3%-1.1M49.3M-709.5K0.8673.181038918,5408,671
2025-04-15$266.33$280.0037.0%10.6%54.7%31.1%36.0%8.6%-4.5%-2.6M79.0M-639.0K1.2368.5023528918,4918,711
2025-04-16$259.60$280.0039.7%11.4%54.6%35.1%39.3%8.2%-3.4%-1.9M88.9M-597.4K2.4368.0834283018,6438,531
2025-04-17$263.28$280.0037.8%10.8%55.1%32.3%35.1%5.4%-4.4%-1.5M81.1M-628.2K0.1572.601,35120218,7508,632
2025-04-21$256.74$280.0041.9%12.0%55.5%38.4%39.9%6.6%-5.9%-752.8K70.6M-595.2K0.1274.9196911414,1917,670
2025-04-22$267.62$280.0038.6%11.1%57.7%33.5%37.3%5.3%-7.0%355.0K38.3M-710.8K0.2574.0572218414,9607,738
2025-04-23$264.65$280.0042.3%12.1%57.8%38.9%39.2%5.0%-8.4%380.1K40.7M-704.2K0.3171.9243413615,2447,859
2025-04-24$268.63$280.0039.5%11.3%58.1%34.8%38.4%3.8%-7.3%627.9K30.4M-727.6K0.2471.551513615,4617,942
2025-04-25$266.88$280.0037.7%10.8%58.0%32.1%39.3%1.9%-6.4%247.3K37.8M-707.6K1.8378.717714115,5397,978
2025-04-28$269.23$280.0039.9%11.4%58.2%35.3%41.2%6.9%-9.4%479.5K30.6M-728.7K0.9275.74847715,5768,108
2025-04-29$271.70$280.0041.7%12.0%58.2%38.1%42.4%6.3%-10.4%694.0K22.0M-749.6K1.6871.0511619515,6158,166
2025-04-30$271.04$280.0042.1%12.1%58.2%38.6%44.2%6.0%-9.9%686.6K24.4M-744.7K2.2077.736101,34215,6898,269