APP - AppLovin Corporation

AppLovin Corporation provides a specialized software platform focused on empowering mobile application developers to enhance the marketing and revenue generation of their products. With operations spanning the United States and international markets, the company assists mobile app developers worldwide. Among its core software offerings is AppDiscovery, a marketing solution that intelligently connects advertiser demand with publisher supply through an auction-based model.

As of Jun 30, 2026: spot at $515.46, ATM IV 68.1%, max pain $482.50, net GEX $35.2M.

Sector
Technology
Industry
Software - Application
Market Cap
$160.27B
P/E Ratio
40.62
Beta
2.46
52-Week Range
325.58-745.61
CEO
Adam Arash Foroughi
Employees
876
IPO Date
Apr 15, 2021
Exchange
NASDAQ

What APP Looks Like to Options Traders Today

IV rank of 33.5% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; positive net gamma exposure ($35.2M) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.046) prices calls richer than puts, often reflecting upside speculation or squeeze risk.

What This Page Covers

The APP overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure. Corporate data is on fundamentals, earnings, analyst ratings, and insider trading.

Frequently asked APP overview questions

What is APP?
APP is the ticker symbol for AppLovin Corporation, a listed security. AppLovin Corporation provides a specialized software platform focused on empowering mobile application developers to enhance the marketing and revenue generation of their products. With operations spanning the United States and international markets, the company assists mobile app developers worldwide. Listed on NASDAQ. APP is the equity ticker shown on this page; equity options traders use the security for directional, volatility, and income strategies via the listed options chain.
What does the APP options snapshot look like today?
As of Jun 30, 2026, the APP options snapshot shows spot at $515.46, ATM IV 68.1%, IV rank 33.5%, max pain $482.50, net GEX $35.2M, expected move 19.51%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are APP's key statistics?
AppLovin Corporation (APP) carries a market capitalization of $160.27B, trailing P/E ratio of 40.62, beta of 2.46 relative to the broader market, 52-week range of 325.58-745.61. Full income statement, balance sheet, cash flow, and TTM ratio history is on the per-ticker fundamentals page; daily price history and 52-week levels are accessible from the same view. These structural inputs frame how the options market prices implied volatility around earnings windows and capital events.
What sector or industry does APP belong to?
AppLovin Corporation operates in the Technology sector, in the Software - Application industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare APP's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the APP data on this page?
The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Company-profile fields (sector, industry, market cap, P/E, IPO date) refresh from the vendor feed nightly. Financials and earnings refresh as 10-K and 10-Q filings are parsed (typically within several business days of the actual report). FINRA microstructure data refreshes on the source's cadence (daily for short volume, bi-monthly for short interest, weekly for the OTC volume file, twice-monthly for SEC FTD).