APPF Options History — July 2020

In July 2020, APPF traded between $136.83 and $168.04. ATM implied volatility averaged 59.1%, placing in the 34.5% IV rank vs the trailing year. The 30-day expected move averaged 16.8%. IV traded above realized volatility by 19.1% (HV 20d: 40.1%). Max pain ranged from $130.00 to $160.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 2.86.

Notable Days

  • 2020-07-15: Highest Volume — 499 contracts
  • 2020-07-13: Largest IV spike — 34.1% change
  • 2020-07-13: Highest IV Rank — 50.5%
  • 2020-07-31: Largest Expected Move — 18.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$150.46$136.83$168.04$168.04$138.54
Max Pain$152.95$130.00$160.00$130.00$150.00
ATM IV59.1%49.7%73.9%51.1%62.8%
Expected Move16.8%14.2%18.0%14.6%18.0%
HV 20d40.1%29.1%45.5%45.0%40.8%
HV 60d58.1%53.9%62.0%61.8%53.9%
IV Rank34.5%24.3%50.5%25.8%38.6%
IV Percentile76.4%59.1%89.3%62.3%82.9%
Term Structure-3.6%-7.9%7.8%7.8%-6.6%
VWIV58.5%49.2%65.7%52.5%56.3%
Skew 25d10.2%5.6%14.5%9.0%5.6%
Skew 10d22.1%-4.5%36.2%1.8%32.3%
Call IV 25d53.6%44.8%58.2%51.1%53.2%
Put IV 25d63.9%58.8%68.7%60.1%58.8%
Bid-Ask Spread %67.7750.5891.0981.8780.89
Gamma HHI0.120.090.210.100.09
Net GEX136.6K2.5K444.5K179.1K2.5K
Net DEX-7.7M-13.9M-1.9M-13.9M-2.0M
Net VEX-29.4K-33.1K-27.0K-30.4K-31.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.860.0320.900.300.30
Total Volume114.864549926149
Total OI1,987.3641,0722,4472,2171,855

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-07-01$168.04$130.0051.1%14.6%45.0%25.8%52.5%9.0%7.8%179.1K-13.9M-30.4K0.3081.872061,261956
2020-07-02$164.02$130.0049.7%14.2%45.5%24.3%49.2%14.5%6.1%182.2K-13.0M-29.5K0.3891.092491,271952
2020-07-06$166.83$160.0055.1%16.1%45.2%30.2%55.6%8.5%-1.8%175.4K-13.6M-28.8K1.3750.581822491,278964
2020-07-07$161.53$160.0059.3%16.2%38.7%34.7%57.5%9.6%-3.6%153.3K-12.2M-29.1K0.2554.871231,2861,023
2020-07-08$162.94$160.0053.1%16.0%38.8%28.0%59.4%9.9%-1.9%148.8K-12.5M-28.5K1.0054.16551,2861,024
2020-07-09$160.99$160.0055.2%16.8%39.0%30.2%58.0%10.3%-2.7%147.0K-12.0M-28.5K0.2554.15411,2881,029
2020-07-10$160.81$160.0055.1%16.3%29.1%30.2%56.2%9.1%-6.9%143.1K-12.0M-27.7K0.0359.6710331,2901,030
2020-07-13$150.90$160.0073.9%17.7%37.0%50.5%59.9%10.5%-6.8%212.3K-9.2M-28.8K0.7659.3099751,3801,028
2020-07-14$149.30$160.0065.3%17.5%36.1%41.2%60.4%12.4%-5.0%301.5K-9.9M-29.8K0.1054.963031,446996
2020-07-15$149.30$155.0060.3%17.3%36.0%35.8%59.2%11.6%-4.0%311.1K-9.8M-28.9K1.1857.652292701,444994
2020-07-16$145.16$155.0062.0%17.8%37.1%37.6%62.2%11.6%-7.4%444.5K-8.2M-27.5K9.1465.127641,451996
2020-07-17$148.03$155.0056.7%16.2%38.0%31.9%58.0%9.1%-3.3%116.2K-10.2M-27.0K1.6560.8231511,452979
2020-07-20$153.01$155.0060.2%17.3%40.1%35.7%52.8%8.9%-7.9%129.2K-6.0M-27.6K0.2368.7112228878194
2020-07-21$146.74$155.0059.9%17.2%39.9%35.4%65.5%11.3%-3.8%135.7K-5.1M-27.6K17.9269.2012215995206
2020-07-22$146.95$155.0057.9%16.6%39.9%33.2%63.3%9.6%-3.7%83.7K-4.3M-30.7K1.1871.5711131,000419
2020-07-23$140.74$155.0057.6%16.5%41.6%32.9%53.1%6.7%-3.3%53.8K-3.0M-28.4K0.4276.0448201,006432
2020-07-24$138.37$150.0061.3%17.6%41.7%36.9%65.7%6.5%-4.1%48.3K-2.7M-28.9K20.9070.90102091,035448
2020-07-27$141.08$150.0061.4%17.6%42.7%37.0%64.4%13.9%-3.8%11.2K-2.7M-31.0K0.3866.4676291,037648
2020-07-28$136.83$150.0062.4%17.9%43.6%38.1%56.8%8.0%-7.5%3.5K-1.9M-31.2K3.5480.8113461,110673
2020-07-29$140.50$150.0060.0%17.2%44.1%35.4%63.0%14.5%-6.7%13.2K-2.6M-33.1K0.5779.4821121,116717
2020-07-30$139.56$150.0060.4%17.3%41.2%35.9%58.3%13.9%-2.2%9.0K-2.5M-33.1K1.0082.54441,128721
2020-07-31$138.54$150.0062.8%18.0%40.8%38.6%56.3%5.6%-6.6%2.5K-2.0M-31.7K0.3080.89115341,131724