APPF Options History — August 2020

In August 2020, APPF traded between $144.07 and $175.17. ATM implied volatility averaged 48.6%, placing in the 23.1% IV rank vs the trailing year. The 30-day expected move averaged 13.9%. IV traded below realized volatility by 4.3% (HV 20d: 53.0%). Max pain ranged from $140.00 to $150.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.47.

Notable Days

  • 2020-08-04: Highest Volume — 214 contracts
  • 2020-08-04: Largest IV drop — 23.2% change
  • 2020-08-03: Highest IV Rank — 38.9%
  • 2020-08-03: Largest Expected Move — 18.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$164.27$144.07$175.17$144.07$167.99
Max Pain$142.86$140.00$150.00$150.00$150.00
ATM IV48.6%44.2%63.2%63.2%49.9%
Expected Move13.9%12.7%18.1%18.1%14.3%
HV 20d53.0%43.3%61.7%43.3%49.9%
HV 60d51.6%46.3%57.3%53.5%46.5%
IV Rank23.1%18.4%38.9%38.9%24.5%
IV Percentile50.5%42.1%83.3%83.3%52.4%
Term Structure1.0%-7.9%4.9%-7.9%-1.0%
VWIV48.5%45.7%61.4%61.4%47.4%
Skew 25d5.3%-0.5%8.7%6.0%3.0%
Skew 10d14.8%-4.8%29.5%29.5%1.2%
Call IV 25d46.2%40.2%57.4%57.4%48.2%
Put IV 25d51.4%45.1%63.4%63.4%51.2%
Bid-Ask Spread %71.7556.9280.6978.6678.34
Gamma HHI0.110.090.170.090.09
Net GEX242.2K83.6K300.4K83.6K236.7K
Net DEX-11.2M-13.7M-4.3M-4.3M-11.1M
Net VEX-31.8K-36.8K-28.2K-34.4K-29.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.001.450.241.14
Total Volume52.095621416230
Total OI1,903.7621,3342,1382,0001,490

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-08-03$144.07$150.0063.2%18.1%43.3%38.9%61.4%6.0%-7.9%83.6K-4.3M-34.4K0.2478.66131311,246754
2020-08-04$154.53$145.0048.5%13.9%50.2%23.0%52.7%7.3%3.6%208.7K-8.8M-34.8K0.2180.69177371,324752
2020-08-05$161.50$145.0053.4%15.3%52.7%28.4%50.8%7.6%-1.3%232.7K-11.0M-36.8K0.3373.5648161,372742
2020-08-06$170.32$140.0050.1%14.3%55.8%24.7%47.7%8.1%-0.3%263.8K-13.7M-36.2K0.8256.9249401,363731
2020-08-07$158.59$140.0048.7%14.2%61.7%23.3%49.9%2.9%-0.5%260.1K-10.2M-34.6K0.3366.7743141,368723
2020-08-10$158.68$140.0052.6%14.2%57.1%27.4%48.2%3.3%-0.7%249.6K-10.3M-34.0K1.3165.9226341,378713
2020-08-11$157.74$140.0047.5%13.8%57.0%22.0%46.3%6.2%1.2%234.3K-9.8M-33.2K0.2767.852671,390748
2020-08-12$161.28$140.0049.0%14.1%57.4%23.6%48.9%5.8%1.1%225.9K-10.4M-33.0K0.0066.311101,343743
2020-08-13$162.99$140.0046.4%13.3%56.2%20.7%46.7%8.2%3.3%233.7K-11.0M-33.3K1.4570.2311161,349743
2020-08-14$159.99$140.0048.1%13.8%56.5%22.6%46.4%4.0%1.7%252.3K-10.3M-32.1K0.1570.932031,352742
2020-08-17$165.84$140.0047.0%13.5%56.7%21.4%47.2%5.1%2.5%283.7K-12.4M-31.2K0.3868.07831,372741
2020-08-18$164.39$140.0047.2%13.5%54.4%21.6%47.0%-0.5%1.9%288.2K-12.1M-30.1K0.0074.452501,372742
2020-08-19$165.94$140.0045.9%13.2%54.4%20.2%0.0%0.6%4.9%285.9K-12.5M-31.3K0.5073.46421,380742
2020-08-20$168.75$140.0047.0%13.5%51.2%21.4%47.5%8.1%2.9%289.7K-13.6M-29.7K0.2271.351841,378742
2020-08-21$166.27$140.0044.5%12.8%51.1%18.7%47.2%2.8%3.8%300.4K-12.7M-29.4K0.6573.1417111,375743
2020-08-24$167.53$140.0047.1%13.5%50.9%21.5%47.4%7.1%-0.9%222.2K-10.8M-28.2K1.0077.5023231,096238
2020-08-25$170.31$145.0044.2%12.7%48.8%18.4%46.0%6.8%2.3%233.5K-11.6M-28.7K0.2373.901331,119261
2020-08-26$175.17$145.0045.1%12.9%48.9%19.3%45.7%6.6%2.6%224.9K-12.6M-28.5K0.4479.6661271,116263
2020-08-27$174.12$150.0047.7%13.7%48.9%22.2%45.7%2.8%-0.1%234.0K-12.6M-28.7K0.0970.946461,160287
2020-08-28$173.64$150.0047.7%13.7%48.7%22.1%49.3%8.7%0.9%242.5K-12.5M-30.7K0.2068.071021,198288
2020-08-31$167.99$150.0049.9%14.3%49.9%24.5%47.4%3.0%-1.0%236.7K-11.1M-29.4K1.1478.3414161,201289