APD Options History — October 2025

In October 2025, APD traded between $243.50 and $271.06. ATM implied volatility averaged 30.5%, placing in the 20.1% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 9.4% (HV 20d: 21.2%). Max pain ranged from $260.00 to $290.00. Net GEX was positive for 16 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 1.69.

Notable Days

  • 2025-10-16: Highest Volume — 2,365 contracts
  • 2025-10-06: Largest IV spike — 12.1% change
  • 2025-10-31: Highest IV Rank — 28.7%
  • 2025-10-31: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$258.64$243.50$271.06$269.37$243.50
Max Pain$266.96$260.00$290.00$290.00$260.00
ATM IV30.5%25.1%36.3%25.6%36.3%
Expected Move9.0%7.2%10.4%7.3%10.4%
HV 20d21.2%15.6%25.2%24.9%17.3%
HV 60d20.2%19.6%20.7%20.1%19.9%
IV Rank20.1%11.8%28.7%12.6%28.7%
IV Percentile77.3%57.1%89.7%61.9%89.7%
Term Structure-1.4%-4.4%5.3%5.3%-4.4%
VWIV30.8%25.3%35.5%25.7%35.5%
Skew 25d4.2%1.2%8.6%3.8%4.7%
Skew 10d8.8%5.3%14.7%8.5%10.5%
Call IV 25d29.5%24.3%34.5%25.4%33.6%
Put IV 25d33.7%28.0%38.4%29.3%38.4%
Bid-Ask Spread %77.8471.5883.4683.4677.42
Gamma HHI0.130.110.150.140.11
Net GEX805.0K-641.1K3.2M2.3M-497.0K
Net DEX22.8M-12.3M55.0M3.2M55.0M
Net VEX-531.1K-623.1K-431.5K-585.3K-442.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.690.0511.780.730.37
Total Volume560.131222,365858494
Total OI22,371.56520,43123,65120,43123,565

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-10-01$269.37$290.0025.6%7.3%24.9%12.6%25.7%3.8%5.3%2.3M3.2M-585.3K0.7383.4649736115,5194,912
2025-10-02$270.90$280.0025.1%7.2%25.1%11.8%25.3%2.7%5.3%3.2M-12.3M-622.9K1.4482.629613815,8804,834
2025-10-03$270.76$280.0025.7%7.4%25.1%12.8%26.1%4.0%5.2%2.8M-6.8M-606.1K0.5981.891056215,9164,897
2025-10-06$271.06$270.0028.8%8.9%25.1%17.5%30.7%4.1%-1.0%2.9M-9.1M-610.8K0.4271.641315515,9574,936
2025-10-07$270.47$270.0028.0%9.1%25.1%16.3%30.8%4.0%-2.2%2.7M-5.5M-591.9K0.2872.12952716,0204,957
2025-10-08$267.96$270.0028.1%9.1%25.2%16.4%32.6%3.6%-2.1%2.1M615.4K-564.6K10.8571.581071,16116,0354,973
2025-10-09$262.72$270.0028.1%9.4%23.2%16.5%29.2%4.9%-2.2%783.4K17.3M-623.1K0.3178.9737311616,0666,094
2025-10-10$258.72$270.0029.0%9.1%23.4%17.7%31.4%3.7%-2.6%-40.5K35.2M-533.0K1.0376.3231232016,3556,130
2025-10-13$260.02$270.0030.1%9.3%23.7%19.5%31.6%3.4%-2.7%-40.6K31.4M-529.8K2.9476.8814342016,3196,298
2025-10-14$262.84$270.0030.3%9.5%23.6%19.7%31.1%2.9%-3.8%192.7K24.6M-544.4K0.0578.201,0865516,3066,438
2025-10-15$257.15$270.0031.3%9.0%22.8%21.3%31.0%3.7%-2.1%-54.5K35.2M-525.5K0.5378.8229915816,6726,439
2025-10-16$253.13$270.0033.5%9.6%22.3%24.6%33.6%6.0%-2.1%-641.1K45.6M-488.7K11.7879.431852,18016,8936,495
2025-10-17$253.34$260.0029.7%8.5%22.5%18.8%29.6%8.6%0.2%-478.0K44.6M-497.0K0.1778.8589015116,9996,652
2025-10-20$253.48$260.0032.5%9.3%22.6%23.0%27.2%4.4%-1.6%443.6K30.0M-498.0K0.2075.3850610216,2046,140
2025-10-21$255.32$260.0030.9%8.8%18.0%20.6%30.7%4.8%-2.3%551.2K25.7M-500.9K0.5873.0025314716,3066,168
2025-10-22$252.56$260.0032.2%9.2%17.1%22.6%30.4%6.8%-2.5%424.2K27.4M-516.1K0.6981.23886116,4436,245
2025-10-23$255.50$260.0030.9%8.8%16.9%20.6%30.9%5.1%-1.7%470.0K25.9M-501.2K0.6974.9516011116,4986,272
2025-10-24$255.79$260.0030.8%8.8%16.8%20.4%30.5%5.2%-1.9%692.5K17.5M-545.1K0.3778.141425316,6076,310
2025-10-27$256.32$260.0032.0%9.2%15.8%22.3%31.7%3.9%-3.1%631.7K22.8M-502.6K0.4878.461577616,6946,349
2025-10-28$254.74$260.0033.4%9.6%15.6%24.4%33.3%2.6%-3.7%412.6K27.3M-493.3K1.0878.5313114216,8006,401
2025-10-29$248.42$260.0035.3%10.1%17.4%27.2%35.2%1.2%-3.3%71140.6M-460.7K1.1983.3811814116,7876,461
2025-10-30$244.58$260.0034.9%10.0%17.4%26.7%34.8%3.4%-3.6%-381.9K49.1M-431.5K2.0679.0115632216,8126,492
2025-10-31$243.50$260.0036.3%10.4%17.3%28.7%35.5%4.7%-4.4%-497.0K55.0M-442.0K0.3777.4236013416,9106,655