APPF Options History — December 2021

In December 2021, APPF traded between $116.28 and $127.85. ATM implied volatility averaged 42.2%, placing in the 37.1% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded above realized volatility by 3.1% (HV 20d: 39.1%). Max pain ranged from $120.00 to $150.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 1.03.

Notable Days

  • 2021-12-17: Highest Volume — 318 contracts
  • 2021-12-10: Largest IV spike — 53.5% change
  • 2021-12-03: Highest IV Rank — 74.0%
  • 2021-12-03: Largest Expected Move — 16.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$122.42$116.28$127.85$117.69$121.84
Max Pain$132.95$120.00$150.00$120.00$130.00
ATM IV42.2%34.4%55.7%46.3%41.0%
Expected Move11.6%9.9%16.0%13.3%11.8%
HV 20d39.1%26.8%43.8%27.7%42.5%
HV 60d32.9%30.0%34.6%31.2%33.0%
IV Rank37.1%15.9%74.0%48.2%33.9%
IV Percentile45.7%15.1%90.9%60.7%40.9%
Term Structure0.5%-13.1%7.7%-8.7%-3.8%
VWIV40.3%34.9%51.2%45.7%43.4%
Skew 25d6.6%-6.6%14.6%13.0%2.1%
Skew 10d17.3%-3.2%33.2%-1.0%27.9%
Call IV 25d39.7%34.4%50.2%41.2%45.8%
Put IV 25d46.3%38.2%64.3%54.2%47.9%
Bid-Ask Spread %91.8182.15104.2899.9193.80
Gamma HHI0.170.120.200.200.16
Net GEX10.6K-19.3K41.8K-13.0K16.5K
Net DEX308.8K-261.6K944.3K845.9K370.4K
Net VEX-7.0K-9.2K-5.8K-6.2K-6.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.541.500.591.44
Total Volume238.591177318215188
Total OI600.955557641582593

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-12-01$117.69$120.0046.3%13.3%27.7%48.2%45.7%13.0%-8.7%-13.0K845.9K-6.2K0.5999.9113580359223
2021-12-02$119.64$120.0044.9%12.9%26.8%44.5%51.2%14.0%-5.5%-13.8K753.9K-6.6K0.54102.8913673359233
2021-12-03$116.63$120.0055.7%16.0%27.5%74.0%50.2%14.2%-13.1%-14.3K944.3K-6.3K0.70104.2813695360234
2021-12-06$119.24$150.0050.2%11.7%29.5%58.9%40.8%14.6%2.7%-19.3K870.3K-6.8K1.1286.43137154360258
2021-12-07$127.22$140.0046.6%12.1%38.7%49.2%39.5%4.1%0.9%6.8K159.3K-7.1K1.0993.12137149359258
2021-12-08$127.85$140.0039.5%10.9%38.6%29.9%39.7%4.6%2.7%15.8K-55.2K-7.1K1.0091.07146146359256
2021-12-09$123.00$140.0034.8%11.7%40.4%17.0%37.8%10.3%3.6%4.0K339.2K-7.0K0.9994.99146145371254
2021-12-10$121.84$140.0053.4%11.0%39.9%67.7%37.5%5.4%5.0%360435.9K-6.7K0.9690.51151145371254
2021-12-13$124.35$140.0049.4%11.1%40.0%56.7%39.1%5.7%2.4%7.9K179.0K-7.2K0.9787.19151146377254
2021-12-14$123.92$140.0042.2%11.2%40.0%37.2%37.8%10.8%3.1%25.4K219.0K-6.8K0.7490.58144107382255
2021-12-15$119.97$140.0039.5%11.3%40.4%29.8%39.0%10.2%2.2%-6.1K663.8K-6.1K0.7391.54149109386255
2021-12-16$116.28$130.0040.0%11.5%39.2%31.3%39.6%9.6%0.5%-18.4K822.4K-5.9K0.7494.48149110391243
2021-12-17$121.58$130.0042.7%12.3%42.8%38.6%37.0%14.2%0.6%9.8K339.3K-5.8K0.5493.93206112392239
2021-12-20$122.52$135.0040.0%11.5%42.9%31.1%40.3%7.2%1.5%19.6K205.3K-7.2K0.6682.15158104378179
2021-12-21$125.08$130.0039.9%11.4%43.4%30.9%37.7%6.7%2.4%29.4K-83.9K-7.9K1.2282.3285104388176
2021-12-22$124.53$130.0040.3%11.5%43.1%31.8%38.5%5.5%-0.3%33.1K-146.1K-8.8K1.2786.5683105394176
2021-12-23$127.51$130.0035.4%10.1%43.7%18.5%34.9%2.6%3.3%41.8K-261.6K-8.6K1.4288.7073104396176
2021-12-27$124.05$130.0035.4%10.2%43.6%18.8%37.8%-5.7%3.8%27.4K29.8K-7.3K1.5087.5272108396178
2021-12-28$123.86$130.0037.4%10.7%43.5%24.0%38.8%-6.6%-1.0%32.2K-228.7K-9.2K1.5091.2072108396181
2021-12-29$121.74$130.0039.0%11.2%43.8%28.3%40.5%5.4%1.2%23.6K161.9K-7.2K1.4390.0882117397180
2021-12-30$122.85$130.0034.4%9.9%42.7%15.9%40.4%-2.8%7.7%23.8K230.0K-6.7K1.4996.6777115405190
2021-12-31$121.84$130.0041.0%11.8%42.5%33.9%43.4%2.1%-3.8%16.5K370.4K-6.3K1.4493.8077111404189