APD Options History — April 2026

In April 2026, APD traded between $288.72 and $303.19. ATM implied volatility averaged 31.6%, placing in the 46.5% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 13.8% (HV 20d: 17.8%). Max pain ranged from $280.00 to $290.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.37.

Notable Days

  • 2026-04-09: Highest Volume — 2,531 contracts
  • 2026-04-06: Largest IV spike — 10.0% change
  • 2026-04-29: Highest IV Rank — 92.7%
  • 2026-04-29: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$296.81$288.72$303.19$288.72$303.19
Max Pain$289.50$280.00$290.00$280.00$290.00
ATM IV31.6%25.5%40.3%25.5%40.3%
Expected Move9.1%7.3%11.6%7.3%11.6%
HV 20d17.8%14.5%22.2%21.8%15.3%
HV 60d24.8%20.9%25.9%25.9%20.9%
IV Rank46.5%11.8%92.7%11.8%92.7%
IV Percentile80.8%45.6%99.2%45.6%99.2%
Term Structure-3.4%-9.7%5.3%5.3%-9.7%
VWIV32.2%25.8%40.2%25.8%40.2%
Skew 25d3.3%-0.7%4.8%4.6%-0.7%
Skew 10d9.7%2.7%17.5%10.1%9.4%
Call IV 25d31.0%24.9%41.1%24.9%41.1%
Put IV 25d34.3%29.5%40.3%29.5%40.3%
Bid-Ask Spread %16.7910.4422.9312.5019.04
Gamma HHI0.230.130.390.230.14
Net GEX14.9M7.3M24.1M12.4M9.2M
Net DEX-150.6M-203.4M-110.3M-116.6M-157.1M
Net VEX-1.0M-1.1M-924.5K-996.9K-1.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.051.090.440.71
Total Volume1,286.654732,5314731,364
Total OI25,825.6521,61729,80025,63123,725

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-04-01$288.72$280.0025.5%7.3%21.8%11.8%25.8%4.6%5.3%12.4M-116.6M-996.9K0.4412.5032814517,9467,685
2026-04-02$293.04$290.0025.9%7.4%22.2%12.4%30.5%3.9%-1.2%15.1M-149.5M-1.0M0.1117.782,06623218,0097,726
2026-04-06$293.41$290.0028.5%8.2%21.4%16.4%32.0%4.3%-2.0%15.2M-138.9M-986.8K0.0511.992,20911118,0587,851
2026-04-07$292.31$290.0029.3%8.4%21.3%17.6%32.4%4.5%-2.2%16.2M-136.2M-997.1K0.1217.451,83622119,0367,915
2026-04-08$294.96$290.0031.4%9.0%21.4%20.8%31.6%4.2%-2.0%20.0M-161.6M-1.0M0.0920.571,75615820,0137,977
2026-04-09$298.55$290.0030.1%8.6%21.6%18.8%30.0%3.7%-2.4%23.4M-203.4M-1.1M0.0715.792,37515619,9938,039
2026-04-10$298.51$290.0029.3%8.4%17.0%17.6%30.3%3.3%-1.9%22.1M-194.4M-1.0M0.1817.261,13620119,8178,146
2026-04-13$297.93$290.0029.9%8.6%16.8%44.1%29.3%3.7%-2.8%23.6M-185.1M-1.0M0.8013.7965151820,3368,302
2026-04-14$296.27$290.0029.6%8.5%16.8%43.0%29.7%4.1%-1.9%22.0M-167.7M-972.2K0.1822.931,04218620,1788,775
2026-04-15$295.67$290.0030.6%8.8%16.5%52.5%30.9%2.8%-2.9%21.9M-161.4M-968.7K0.8217.4044036120,5208,824
2026-04-16$296.59$290.0029.8%8.5%15.6%49.2%30.5%2.5%-2.4%24.1M-160.4M-972.0K0.5315.9447124820,6598,987
2026-04-17$290.69$290.0030.6%8.8%17.4%52.5%29.1%4.2%-2.8%13.2M-110.3M-924.5K0.1516.741,91728420,6789,122
2026-04-20$295.60$290.0032.6%9.3%16.8%60.6%32.3%3.1%-4.4%7.4M-117.9M-970.3K0.5010.4474337414,4827,135
2026-04-21$294.11$290.0033.4%9.6%17.0%63.9%32.7%2.4%-4.5%7.3M-110.7M-986.9K0.4215.1137915814,8767,300
2026-04-22$295.87$290.0033.3%9.5%14.5%63.5%34.3%4.0%-4.4%7.6M-118.9M-1.0M0.4221.2436915415,0837,389
2026-04-23$302.73$290.0035.7%10.2%16.1%73.2%35.0%4.8%-5.9%8.8M-155.3M-1.0M0.1017.287928115,0057,471
2026-04-24$302.79$290.0033.9%9.7%15.8%65.9%34.1%2.3%-5.2%9.0M-154.7M-1.1M0.1920.2676914515,2947,505
2026-04-27$302.31$290.0036.2%10.4%15.6%75.9%35.8%2.4%-7.5%9.5M-152.8M-1.0M1.0912.3737140615,5917,499
2026-04-28$303.04$290.0036.8%10.6%15.5%78.4%37.0%1.7%-7.7%9.4M-158.6M-1.0M0.5319.8337920115,8067,760
2026-04-29$303.19$290.0040.3%11.6%15.3%92.7%40.2%-0.7%-9.7%9.2M-157.1M-1.1M0.7119.0479756715,8857,840