APD Options History — June 2025

In June 2025, APD traded between $271.26 and $283.32. ATM implied volatility averaged 22.3%, placing in the 9.4% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 4.6% (HV 20d: 17.7%). Max pain ranged from $270.00 to $280.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 0.86.

Notable Days

  • 2025-06-24: Highest Volume — 5,922 contracts
  • 2025-06-11: Largest IV spike — 14.2% change
  • 2025-06-12: Highest IV Rank — 12.0%
  • 2025-06-05: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$279.54$271.26$283.32$278.08$281.58
Max Pain$277.00$270.00$280.00$280.00$270.00
ATM IV22.3%19.8%24.1%23.5%19.8%
Expected Move6.5%5.7%7.0%6.8%5.7%
HV 20d17.7%15.6%21.0%21.0%17.2%
HV 60d36.9%36.2%38.3%38.3%36.9%
IV Rank9.4%5.6%12.0%11.2%5.6%
IV Percentile41.7%16.3%56.3%54.4%16.3%
Term Structure4.4%0.9%8.5%1.2%6.2%
VWIV22.4%19.5%25.4%23.7%21.6%
Skew 25d3.2%1.0%4.8%3.4%1.0%
Skew 10d6.4%4.4%14.3%7.2%4.4%
Call IV 25d21.4%19.3%23.7%22.0%21.1%
Put IV 25d24.6%21.8%27.0%25.4%22.1%
Bid-Ask Spread %81.6673.4788.6087.9388.57
Gamma HHI0.270.210.380.230.36
Net GEX10.3M1.7M14.6M9.6M12.5M
Net DEX-66.0M-103.4M6.2M-57.8M-97.7M
Net VEX-930.0K-1.1M-737.3K-940.9K-1.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.860.053.100.390.97
Total Volume922.11865,9221,909252
Total OI29,796.818,65633,48430,48925,292

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-06-02$278.08$280.0023.5%6.8%21.0%11.2%23.7%3.4%1.2%9.6M-57.8M-940.9K0.3987.931,37453522,6487,841
2025-06-03$283.32$280.0022.8%6.5%21.0%10.1%22.4%2.9%0.9%14.6M-102.6M-1.0M0.3588.601786223,8828,313
2025-06-04$280.55$280.0022.8%6.5%20.2%10.1%22.7%3.3%1.4%12.3M-77.3M-981.9K0.5488.051689023,9568,318
2025-06-05$276.88$280.0023.1%7.0%19.9%10.5%25.4%3.3%3.2%9.3M-48.4M-926.7K0.7577.6922216723,9928,367
2025-06-06$279.67$280.0021.6%7.0%18.5%8.2%23.9%3.3%2.9%11.5M-68.1M-987.8K0.4274.201958124,1518,492
2025-06-09$280.29$280.0022.6%6.9%18.5%9.8%24.0%2.7%3.0%11.1M-67.6M-948.1K0.8273.4721717924,1998,525
2025-06-10$281.30$280.0020.9%6.6%17.2%7.3%23.9%2.3%4.7%11.6M-73.5M-934.3K1.3076.818110524,3068,601
2025-06-11$282.19$280.0023.9%6.9%17.0%11.8%24.1%3.7%2.9%12.1M-79.6M-946.1K0.9978.3011311224,3318,639
2025-06-12$282.94$280.0024.1%6.9%16.1%12.0%22.8%3.1%3.3%12.1M-82.2M-931.4K0.1374.996678824,3698,684
2025-06-13$280.14$280.0022.9%6.6%16.1%10.2%22.5%4.0%4.5%9.8M-64.0M-919.0K0.3076.4455216824,7638,721
2025-06-16$279.73$280.0022.6%6.5%15.6%9.8%20.3%4.7%3.8%10.3M-53.6M-853.4K3.1085.0617554224,5948,736
2025-06-17$277.32$280.0023.4%6.7%15.8%11.0%23.5%3.4%3.0%8.6M-34.2M-839.0K2.8776.653611,03724,6798,654
2025-06-18$276.69$280.0022.6%6.5%15.7%9.8%22.0%4.7%5.4%10.7M-39.3M-824.8K2.8684.0931690324,7998,539
2025-06-20$271.26$280.0023.8%6.8%15.8%11.5%23.4%3.5%5.2%1.7M6.2M-737.3K0.1282.071,52917724,8618,574
2025-06-23$272.07$270.0022.4%6.4%15.7%9.4%21.9%4.8%6.4%4.6M-19.3M-753.4K0.3882.5246017413,3425,314
2025-06-24$280.00$270.0020.9%6.0%18.6%7.3%21.0%1.9%8.5%7.1M-56.7M-838.9K0.0584.395,63928313,5675,457
2025-06-25$281.97$270.0021.1%6.0%18.2%7.6%19.6%3.2%7.0%11.7M-99.2M-1.1M0.1485.313835218,9285,519
2025-06-26$282.09$270.0020.4%5.9%18.1%6.6%19.5%2.8%7.1%12.2M-101.1M-1.1M0.2683.733198419,1345,665
2025-06-27$282.81$270.0020.8%6.0%18.1%7.1%20.4%2.6%7.4%12.6M-103.4M-1.1M0.3984.2528911319,4805,704
2025-06-30$281.58$270.0019.8%5.7%17.2%5.6%21.6%1.0%6.2%12.5M-97.7M-1.0M0.9788.5712812419,5705,722