APPF Options History — January 2019

In January 2019, APPF traded between $56.66 and $63.64. ATM implied volatility averaged 38.3%. The 30-day expected move averaged 11.1%. IV traded above realized volatility by 1.6% (HV 20d: 36.7%). Max pain ranged from $50.00 to $60.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.91.

Notable Days

  • 2019-01-18: Highest Volume — 203 contracts
  • 2019-01-28: Largest IV spike — 14.0% change
  • 2019-01-31: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$60.69$56.66$63.64$58.76$63.20
Max Pain$54.76$50.00$60.00$60.00$60.00
ATM IV38.3%33.5%47.6%44.6%33.5%
Expected Move11.1%9.7%13.6%12.8%13.6%
HV 20d36.7%27.3%44.7%40.4%34.1%
Term Structure7.3%-4.6%12.2%-1.9%-4.6%
VWIV38.9%32.2%49.8%46.0%48.2%
Skew 25d3.6%2.9%4.4%3.8%4.3%
Skew 10d6.8%1.8%15.7%12.3%6.7%
Call IV 25d36.8%31.8%46.1%43.4%46.1%
Put IV 25d40.4%35.1%50.4%47.2%50.4%
Bid-Ask Spread %71.5847.9984.4562.5847.99
Gamma HHI0.300.210.400.210.28
Net GEX11.9K-1.3K21.1K2.1K17.7K
Net DEX-209.6K-428.4K50.7K-43.1K-400.7K
Net VEX-2.0K-3.1K-1.3K-1.5K-2.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.006.001.640.10
Total Volume41.33372032954
Total OI365.952334422342375

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-01-02$58.76$60.0044.6%12.8%40.4%0.0%46.0%3.8%-1.9%2.1K-43.1K-1.5K1.6462.581118223119
2019-01-03$56.66$55.0047.6%12.8%41.4%0.0%44.6%3.0%3.6%-1.3K50.7K-1.4K1.8256.861120224110
2019-01-04$57.26$55.0043.3%12.2%41.6%0.0%42.0%3.8%4.5%-23037.2K-1.3K1.7565.061221224111
2019-01-07$59.19$50.0042.3%11.8%43.4%0.0%0.0%4.3%4.7%7.2K-106.0K-1.3K1.4065.4157235110
2019-01-08$59.50$50.0041.5%11.6%43.0%0.0%49.8%3.1%5.8%9.0K-127.9K-1.3K0.6065.81159235109
2019-01-09$61.43$50.0040.2%11.5%44.4%0.0%37.8%3.6%5.8%13.2K-239.5K-1.4K0.2866.644011238110
2019-01-10$60.66$50.0039.3%11.3%44.7%0.0%37.4%3.4%6.3%14.5K-192.9K-1.3K0.5168.014121257110
2019-01-11$61.25$50.0037.3%10.7%44.4%0.0%32.5%3.4%7.8%17.9K-218.0K-1.5K0.3473.034716271120
2019-01-14$60.44$50.0037.2%10.7%44.0%0.0%0.0%2.9%7.3%17.1K-166.0K-1.4K0.6772.5764274119
2019-01-15$61.56$50.0035.8%10.3%44.4%0.0%0.0%3.1%8.9%18.4K-236.2K-1.4K0.2771.29154270118
2019-01-16$60.94$50.0034.4%9.9%35.5%0.0%0.0%3.4%9.3%20.9K-213.2K-1.4K0.3374.92124279118
2019-01-17$61.27$50.0034.1%9.8%30.6%0.0%0.0%3.4%9.1%21.1K-262.0K-1.4K0.1178.01354278115
2019-01-18$61.78$50.0034.8%10.0%29.8%0.0%34.8%3.3%8.6%10.7K-351.5K-1.6K0.2875.3615845307115
2019-01-22$61.20$60.0038.1%10.9%29.7%0.0%38.1%3.8%10.7%11.1K-264.8K-2.9K6.0078.261626084
2019-01-23$61.73$60.0037.3%10.7%28.5%0.0%37.2%3.0%10.6%12.1K-294.0K-2.9K0.8675.507626084
2019-01-24$61.75$60.0036.9%10.6%27.3%0.0%36.9%3.4%11.4%12.2K-296.1K-2.8K1.5778.1171126284
2019-01-25$63.64$60.0033.7%9.7%27.4%0.0%34.0%3.0%12.2%17.5K-428.4K-3.1K0.5977.10392326289
2019-01-28$61.26$60.0038.4%11.0%31.4%0.0%34.7%4.2%10.3%12.1K-271.1K-2.9K0.0082.66370276101
2019-01-29$60.02$60.0037.4%10.7%32.5%0.0%35.8%4.4%10.7%7.3K-163.0K-2.7K0.0283.46481275101
2019-01-30$60.94$60.0036.4%10.4%32.0%0.0%32.2%4.2%12.2%8.5K-214.7K-2.7K0.0684.45342271102
2019-01-31$63.20$60.0033.5%13.6%34.1%0.0%48.2%4.3%-4.6%17.7K-400.7K-2.9K0.1047.99495273102