APPF Options History — March 2019

In March 2019, APPF traded between $66.13 and $79.42. ATM implied volatility averaged 35.5%. The 30-day expected move averaged 11.7%. IV traded below realized volatility by 6.6% (HV 20d: 42.1%). Max pain ranged from $65.00 to $85.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.53.

Notable Days

  • 2019-03-26: Highest Volume — 500 contracts
  • 2019-03-12: Largest IV drop — 18.0% change
  • 2019-03-27: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$73.29$66.13$79.42$66.83$79.42
Max Pain$71.25$65.00$85.00$65.00$80.00
ATM IV35.5%32.6%40.9%39.5%34.0%
Expected Move11.7%9.7%13.6%11.3%13.2%
HV 20d42.1%34.1%46.3%37.3%34.1%
HV 60d36.0%33.6%38.7%37.0%34.8%
Term Structure6.2%-6.5%11.8%-6.5%11.8%
VWIV40.8%32.5%47.9%39.4%45.7%
Skew 25d3.2%1.0%4.6%4.0%1.0%
Skew 10d9.2%2.4%17.2%16.4%2.4%
Call IV 25d33.8%30.9%37.3%35.9%34.3%
Put IV 25d37.0%34.6%39.9%39.9%35.3%
Bid-Ask Spread %52.3543.7668.9667.7445.22
Gamma HHI0.300.240.400.320.24
Net GEX89.6K19.8K146.5K30.7K131.5K
Net DEX-2.2M-4.1M-333.9K-398.9K-4.1M
Net VEX-6.6K-8.6K-5.0K-5.4K-7.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.530.021.840.190.26
Total Volume157.1940500219180
Total OI1,418.2861,0241,8181,4771,320

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-03-01$66.83$65.0039.5%11.3%37.3%0.0%39.4%4.0%-6.5%30.7K-398.9K-5.4K0.1967.7418435848629
2019-03-04$68.74$65.0035.3%10.1%38.2%0.0%37.6%3.7%3.3%50.5K-826.7K-5.0K0.5356.744524841642
2019-03-05$68.16$65.0035.1%10.1%38.4%0.0%37.6%3.0%4.2%54.4K-799.7K-5.2K0.7355.574130884646
2019-03-06$68.58$65.0033.8%9.7%38.3%0.0%34.0%4.6%4.0%65.5K-896.0K-5.3K0.4659.894621896658
2019-03-07$66.13$65.0038.1%10.9%40.4%0.0%36.1%3.5%2.0%19.8K-333.9K-5.1K1.8451.1476140891651
2019-03-08$68.08$65.0035.2%10.1%41.3%0.0%32.5%3.6%4.5%47.3K-727.9K-5.7K1.1949.276780909717
2019-03-11$70.78$65.0040.9%11.1%42.8%0.0%40.3%3.3%2.6%79.6K-1.3M-5.8K0.5147.0711559913762
2019-03-12$71.55$65.0033.5%11.0%42.8%0.0%39.5%3.0%4.8%106.8K-1.9M-6.2K0.5843.765029980752
2019-03-13$73.18$65.0032.6%10.8%43.3%0.0%40.2%3.7%4.5%131.5K-2.4M-5.7K0.5050.357437997753
2019-03-14$74.04$65.0034.3%11.4%43.2%0.0%40.9%3.6%4.9%146.5K-2.6M-5.9K0.6649.5286571,017744
2019-03-15$74.64$70.0034.0%11.2%43.1%0.0%39.1%2.9%4.8%76.4K-2.7M-6.3K0.5546.80134741,032786
2019-03-18$73.75$0.0035.0%12.4%42.9%0.0%42.8%3.1%8.1%79.8K-2.0M-7.2K0.0257.94421590434
2019-03-19$74.10$75.0034.4%12.5%42.9%0.0%41.8%4.0%9.7%84.6K-2.1M-7.1K0.1147.359010610433
2019-03-20$75.19$65.0034.8%12.7%43.0%0.0%42.7%1.6%10.0%85.4K-2.3M-7.4K0.4568.965525635436
2019-03-21$77.92$85.0032.7%12.2%44.4%0.0%42.8%3.3%10.3%88.9K-3.1M-6.8K0.5149.6816684649437
2019-03-22$75.58$80.0035.4%12.7%45.5%0.0%43.1%2.4%8.7%115.5K-2.8M-8.2K0.4150.6713354746466
2019-03-25$77.86$80.0034.7%12.7%46.3%0.0%0.0%4.0%9.7%112.2K-3.4M-7.7K1.1149.061921741467
2019-03-26$79.10$80.0036.8%13.3%45.0%0.0%45.3%3.3%9.3%102.0K-3.6M-7.2K0.0648.2247228725455
2019-03-27$77.08$80.0038.9%13.6%46.3%0.0%47.9%2.1%8.7%136.7K-3.4M-8.6K0.2652.8413735873466
2019-03-28$78.36$80.0036.5%13.4%44.9%0.0%46.7%3.2%10.6%136.9K-3.8M-8.5K0.1851.6020837877476
2019-03-29$79.42$80.0034.0%13.2%34.1%0.0%45.7%1.0%11.8%131.5K-4.1M-7.5K0.2645.2214337844476