APPF Options History — December 2020

In December 2020, APPF traded between $158.17 and $184.46. ATM implied volatility averaged 46.3%, placing in the 20.7% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded above realized volatility by 3.4% (HV 20d: 42.9%). Max pain ranged from $140.00 to $170.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 1.79.

Notable Days

  • 2020-12-22: Highest Volume — 377 contracts
  • 2020-12-21: Largest IV spike — 13.9% change
  • 2020-12-08: Highest IV Rank — 24.7%
  • 2020-12-02: Largest Expected Move — 14.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$172.06$158.17$184.46$158.17$180.01
Max Pain$150.23$140.00$170.00$170.00$155.00
ATM IV46.3%41.6%50.0%48.8%45.8%
Expected Move13.1%11.9%14.0%14.0%13.1%
HV 20d42.9%33.9%57.4%57.4%40.5%
HV 60d45.3%44.1%47.9%44.4%46.5%
IV Rank20.7%15.6%24.7%23.4%20.1%
IV Percentile27.3%14.3%39.7%36.9%23.4%
Term Structure1.2%-4.5%5.5%-4.5%2.1%
VWIV45.5%39.7%48.8%39.7%47.9%
Skew 25d4.7%-2.0%14.6%14.6%-2.0%
Skew 10d21.3%10.2%31.0%20.3%25.9%
Call IV 25d44.7%37.6%52.8%39.9%52.8%
Put IV 25d49.4%46.6%54.5%54.5%50.9%
Bid-Ask Spread %79.9073.9787.0786.4487.07
Gamma HHI0.110.100.120.120.11
Net GEX176.4K85.8K288.9K85.8K281.7K
Net DEX-6.7M-11.9M-2.7M-2.7M-10.3M
Net VEX-23.9K-30.4K-21.0K-21.2K-28.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.790.0521.250.440.22
Total Volume81.136163773922
Total OI1,370.7731,0871,6691,0871,669

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-12-01$158.17$170.0048.8%14.0%57.4%23.4%39.7%14.6%-4.5%85.8K-2.7M-21.2K0.4486.442712728359
2020-12-02$158.74$170.0048.8%14.0%52.6%23.4%48.8%8.2%-2.9%99.6K-3.0M-21.8K0.0584.42221746362
2020-12-03$161.43$140.0047.9%13.0%51.7%22.3%43.7%5.1%2.3%96.3K-3.4M-21.6K2.6378.0838100752361
2020-12-04$163.65$145.0046.2%12.5%50.8%20.5%43.6%3.8%3.7%113.0K-3.8M-23.0K0.5275.642312785382
2020-12-07$168.87$145.0048.1%12.8%51.8%22.6%45.3%3.5%2.2%119.3K-5.0M-22.9K0.8173.977863798392
2020-12-08$168.06$145.0050.0%12.9%40.0%24.7%48.0%12.0%1.3%136.6K-4.7M-22.9K5.5678.14950841412
2020-12-09$167.24$145.0046.6%13.4%40.2%21.0%45.4%5.9%-0.7%143.0K-4.7M-22.7K0.1376.10162842438
2020-12-10$172.40$145.0044.6%12.8%40.7%18.8%44.2%5.6%4.5%161.1K-6.2M-23.1K2.0575.124286849438
2020-12-11$168.19$145.0045.6%13.1%39.5%19.9%44.8%3.9%2.7%160.6K-5.2M-22.7K21.2575.38485870520
2020-12-14$171.82$145.0045.5%13.0%39.7%19.7%45.2%3.5%3.5%173.4K-6.2M-21.9K0.2475.46338871533
2020-12-15$171.89$145.0045.2%13.0%39.6%19.4%43.8%7.0%2.3%177.7K-6.3M-21.7K0.5878.127845881539
2020-12-16$171.42$145.0046.5%13.3%39.4%20.8%46.7%5.3%2.0%168.6K-5.9M-21.8K0.2278.14368883549
2020-12-17$172.65$145.0044.7%12.8%36.1%18.9%46.2%7.5%-1.9%174.8K-6.6M-22.2K0.4082.823012909557
2020-12-18$172.75$150.0041.6%11.9%33.9%15.6%42.8%4.1%1.8%156.5K-6.4M-21.7K0.7679.262116915562
2020-12-21$167.15$150.0047.4%13.6%36.7%21.8%47.6%3.6%-3.2%119.8K-4.4M-21.0K0.8981.553531803376
2020-12-22$181.90$150.0043.7%12.5%43.9%17.8%45.0%2.1%5.5%121.0K-8.1M-21.3K0.0777.0635423814395
2020-12-23$182.86$150.0044.7%12.8%43.1%18.9%44.0%3.6%2.1%261.8K-10.7M-28.9K0.2479.52140331,125408
2020-12-24$179.72$155.0045.7%13.1%43.1%20.0%45.6%2.7%5.2%272.4K-10.2M-30.4K1.6781.096101,188412
2020-12-28$184.46$155.0048.2%13.8%42.3%22.7%48.2%1.7%-0.6%285.6K-11.9M-27.9K0.3483.3941141,188414
2020-12-29$182.12$155.0046.8%13.4%41.3%21.2%48.0%1.9%0.2%288.9K-11.2M-28.3K0.1584.766291,214420
2020-12-30$179.77$155.0047.0%13.5%40.4%21.4%46.6%-0.3%-0.9%284.4K-10.4M-28.2K0.1486.204261,236421
2020-12-31$180.01$155.0045.8%13.1%40.5%20.1%47.9%-2.0%2.1%281.7K-10.3M-28.7K0.2287.071841,243426