APPF Options History — July 2021

In July 2021, APPF traded between $133.69 and $142.91. ATM implied volatility averaged 41.0%, placing in the 30.1% IV rank vs the trailing year. The 30-day expected move averaged 12.2%. IV traded above realized volatility by 10.9% (HV 20d: 30.1%). Max pain ranged from $135.00 to $145.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 4.15.

Notable Days

2021-07-07: Highest Volume — 100 contracts
2021-07-08: Largest IV spike — 19.7% change
2021-07-28: Highest IV Rank — 48.1%
2021-07-28: Largest Expected Move — 13.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$137.98	$133.69	$142.91	$141.31	$141.93
Max Pain	$138.57	$135.00	$145.00	$145.00	$140.00
ATM IV	41.0%	28.6%	48.0%	30.4%	46.3%
Expected Move	12.2%	8.2%	13.8%	8.7%	13.3%
HV 20d	30.1%	23.4%	35.6%	34.8%	32.2%
HV 60d	31.5%	30.3%	34.2%	30.3%	30.4%
IV Rank	30.1%	0.0%	48.1%	3.9%	43.9%
IV Percentile	23.3%	0.0%	54.4%	1.2%	40.9%
Term Structure	-2.7%	-7.1%	11.7%	11.3%	-3.7%
VWIV	42.5%	27.4%	47.5%	31.1%	47.5%
Skew 25d	6.1%	0.1%	9.9%	0.9%	4.8%
Skew 10d	14.1%	-4.0%	31.7%	-4.0%	17.8%
Call IV 25d	41.2%	26.6%	48.7%	33.4%	43.2%
Put IV 25d	47.3%	32.8%	53.2%	34.3%	48.0%
Bid-Ask Spread %	79.28	67.43	97.94	95.27	86.05
Gamma HHI	0.15	0.09	0.62	0.12	0.10
Net GEX	5.7K	-152.3K	93.8K	83.5K	26.6K
Net DEX	341.3K	-405.1K	1.4M	-140.0K	-291.7K
Net VEX	-8.1K	-10.3K	-6.0K	-10.3K	-8.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	4.15	0.00	49.00	0.05	0.50
Total Volume	26.952	1	100	65	3
Total OI	922.667	570	1,290	1,119	641

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2021-07-01	$141.31	$145.00	30.4%	8.7%	34.8%	3.9%	31.1%	0.9%	11.3%	83.5K	-140.0K	-10.3K	0.05	95.27	62	3	788	331
2021-07-02	$140.35	$145.00	28.6%	8.2%	34.9%	0.0%	27.4%	6.3%	11.7%	91.4K	106.5K	-10.2K	0.09	97.94	22	2	819	333
2021-07-06	$141.45	$135.00	33.2%	11.7%	34.9%	10.2%	39.6%	6.5%	-3.4%	93.8K	-24.5K	-9.2K	0.65	71.16	43	28	817	317
2021-07-07	$136.93	$135.00	33.3%	12.3%	34.8%	10.3%	42.1%	6.2%	-0.4%	18.6K	614.9K	-8.5K	49.00	72.54	2	98	795	324
2021-07-08	$133.69	$135.00	39.8%	12.4%	35.6%	24.8%	42.4%	9.3%	-3.9%	-13.9K	1.1M	-7.3K	2.14	67.43	7	15	796	430
2021-07-09	$134.87	$135.00	34.1%	12.3%	35.5%	12.2%	0.0%	9.9%	-5.7%	-25.2K	1.1M	-7.6K	2.50	70.52	2	5	802	442
2021-07-12	$133.90	$135.00	38.3%	12.5%	35.0%	21.4%	44.2%	6.1%	-4.5%	-35.1K	1.2M	-6.6K	1.67	72.15	3	5	804	440
2021-07-13	$133.88	$135.00	42.2%	12.2%	35.0%	30.2%	0.0%	9.5%	-5.5%	-36.3K	1.1M	-6.5K	0.00	74.04	0	5	804	444
2021-07-14	$134.96	$135.00	41.1%	11.8%	27.8%	31.1%	42.8%	5.1%	-1.4%	-45.1K	1.0M	-6.0K	2.10	74.69	10	21	803	434
2021-07-15	$134.99	$135.00	42.6%	12.2%	26.5%	34.8%	38.3%	6.4%	-3.6%	-43.7K	1.0M	-6.4K	13.00	76.61	7	91	808	435
2021-07-16	$134.51	$140.00	42.3%	12.1%	23.4%	34.1%	44.4%	5.6%	-3.3%	-152.3K	1.4M	-7.6K	3.00	75.94	3	9	810	480
2021-07-19	$135.40	$140.00	47.1%	13.5%	23.6%	45.9%	47.2%	7.2%	-7.1%	3.6K	266.5K	-7.2K	1.00	78.59	10	10	384	186
2021-07-20	$141.13	$140.00	44.1%	12.6%	26.5%	38.5%	41.9%	6.2%	-4.9%	15.8K	-208.1K	-9.0K	0.41	75.08	17	7	392	196
2021-07-21	$141.22	$140.00	43.0%	12.3%	24.7%	35.6%	42.3%	5.5%	-5.4%	24.1K	-330.9K	-9.1K	0.00	78.71	1	0	408	192
2021-07-22	$139.75	$140.00	42.9%	12.3%	24.7%	35.5%	44.7%	9.4%	-1.5%	22.9K	-285.4K	-8.7K	4.00	86.54	3	12	409	192
2021-07-23	$141.68	$140.00	44.0%	12.6%	25.4%	38.3%	45.8%	0.1%	-3.2%	21.4K	-296.6K	-9.2K	1.00	88.40	2	2	411	204
2021-07-26	$138.88	$140.00	46.4%	13.3%	26.0%	44.2%	46.4%	6.7%	-4.7%	14.3K	-50.3K	-8.2K	0.08	73.80	12	1	411	204
2021-07-27	$134.11	$140.00	47.2%	13.5%	27.2%	46.2%	46.9%	7.2%	-3.5%	7.2K	306.4K	-7.5K	0.62	82.17	13	8	413	205
2021-07-28	$139.65	$140.00	48.0%	13.8%	31.3%	48.1%	46.3%	6.6%	-6.5%	21.0K	-94.5K	-8.4K	0.00	81.07	5	0	425	209
2021-07-29	$142.91	$140.00	45.8%	13.1%	32.1%	42.8%	45.9%	1.8%	-6.6%	27.7K	-405.1K	-8.4K	1.13	86.08	8	9	429	209
2021-07-30	$141.93	$140.00	46.3%	13.3%	32.2%	43.9%	47.5%	4.8%	-3.7%	26.6K	-291.7K	-8.3K	0.50	86.05	2	1	430	211