APPF Options History — May 2019

In May 2019, APPF traded between $92.19 and $97.31. ATM implied volatility averaged 41.1%, placing in the 19.7% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 14.8% (HV 20d: 26.2%). Max pain ranged from $80.00 to $95.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 1.02.

Notable Days

  • 2019-05-02: Highest Volume — 324 contracts
  • 2019-05-13: Largest IV spike — 46.8% change
  • 2019-05-31: Highest IV Rank — 19.7%
  • 2019-05-01: Largest Expected Move — 18.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$95.58$92.19$97.31$96.62$96.44
Max Pain$90.91$80.00$95.00$80.00$95.00
ATM IV41.1%33.8%63.3%63.3%39.0%
Expected Move11.4%9.6%18.1%18.1%11.2%
HV 20d26.2%20.4%30.4%20.5%26.5%
HV 60d32.2%28.0%34.1%31.7%28.1%
IV Rank19.7%19.7%19.7%19.7%19.7%
IV Percentile43.7%43.7%43.7%43.7%43.7%
Term Structure-2.7%-19.8%0.7%-18.0%-0.5%
VWIV39.3%34.1%65.3%57.5%38.6%
Skew 25d3.8%1.4%7.0%3.8%5.0%
Skew 10d6.0%-10.1%14.6%-10.1%7.1%
Call IV 25d37.7%32.0%61.5%61.5%36.1%
Put IV 25d41.5%35.7%65.4%65.4%41.1%
Bid-Ask Spread %72.9654.1787.7176.4476.92
Gamma HHI0.350.250.520.300.34
Net GEX90.1K50.8K143.3K76.9K99.8K
Net DEX-3.9M-5.5M-3.1M-4.0M-3.8M
Net VEX-16.0K-17.4K-14.1K-14.1K-16.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.020.132.871.211.13
Total Volume118.45518324124102
Total OI1,429.1361,2031,7191,2031,359

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-05-01$96.62$80.0063.3%18.1%20.5%0.0%57.5%3.8%-18.0%76.9K-4.0M-14.1K1.2176.445668749454
2019-05-02$97.31$80.0063.0%18.1%20.4%0.0%65.3%7.0%-19.8%81.3K-4.0M-14.1K1.4767.35131193751510
2019-05-03$93.83$85.0033.8%9.7%24.4%0.0%36.0%2.8%-1.9%60.6K-3.3M-14.8K0.8887.71136119831684
2019-05-06$95.15$90.0034.7%9.6%24.2%0.0%34.6%3.8%-0.4%72.9K-3.6M-14.3K1.4068.855070827627
2019-05-07$95.07$90.0043.2%10.9%24.2%0.0%37.9%3.5%-2.0%67.6K-3.7M-14.7K1.3854.175880833638
2019-05-08$97.18$90.0042.5%11.0%24.4%0.0%37.6%6.4%0.4%78.7K-4.2M-14.7K1.2969.844558837659
2019-05-09$96.42$90.0044.0%11.3%25.1%0.0%38.4%1.8%-3.9%99.7K-4.0M-14.8K0.4961.6010049843640
2019-05-10$95.76$90.0037.2%10.6%25.7%0.0%36.9%4.6%-0.8%88.8K-4.2M-14.9K0.2171.6516836871630
2019-05-13$92.19$90.0054.6%11.8%30.4%0.0%40.2%5.2%-2.2%50.8K-3.1M-14.6K1.6963.352644871630
2019-05-14$93.29$90.0041.9%11.0%29.4%0.0%37.4%2.8%-2.6%79.1K-3.7M-16.9K0.2262.5025455999645
2019-05-15$93.17$90.0034.0%9.7%28.8%0.0%35.4%4.0%0.7%73.9K-4.0M-16.6K0.1373.212431,058649
2019-05-16$95.49$90.0036.7%10.5%29.5%0.0%36.7%3.4%-1.5%143.3K-4.9M-16.8K0.4071.2830121,072647
2019-05-17$96.76$90.0035.9%10.3%29.6%0.0%35.5%3.8%0.3%102.6K-5.5M-16.4K0.4864.8788421,062650
2019-05-20$95.07$95.0035.2%10.1%27.2%0.0%36.6%2.0%-0.4%96.0K-3.7M-16.6K0.5078.84126848399
2019-05-21$96.28$95.0038.1%10.9%26.8%0.0%37.6%3.2%-0.5%103.4K-3.8M-16.8K0.3273.163411852403
2019-05-22$96.65$95.0033.9%9.7%26.8%0.0%34.1%4.2%-0.3%109.9K-3.9M-17.4K0.1683.34447874406
2019-05-23$96.39$95.0038.4%11.0%26.8%0.0%37.5%4.5%-0.9%104.7K-4.0M-17.1K0.5976.564426883406
2019-05-24$95.19$95.0035.7%10.2%27.0%0.0%34.2%2.2%0.4%98.8K-3.7M-16.9K1.6484.163964883407
2019-05-28$96.14$95.0040.4%11.6%26.5%0.0%39.0%1.4%-3.3%101.7K-3.9M-17.1K2.8776.741543882446
2019-05-29$95.83$95.0040.0%11.5%26.5%0.0%39.6%3.8%-2.2%92.7K-3.7M-17.3K2.3578.412354888479
2019-05-30$96.63$95.0038.2%10.9%26.7%0.0%38.8%4.3%-0.7%98.4K-3.8M-17.2K1.6484.203354886473
2019-05-31$96.44$95.0039.0%11.2%26.5%19.7%38.6%5.0%-0.5%99.8K-3.8M-16.8K1.1376.924854886473