APPF Options History — April 2022

In April 2022, APPF traded between $103.47 and $116.58. ATM implied volatility averaged 49.9%, placing in the 58.0% IV rank vs the trailing year. The 30-day expected move averaged 14.0%. IV traded above realized volatility by 21.7% (HV 20d: 28.2%). Max pain ranged from $110.00 to $110.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.93.

Notable Days

2022-04-29: Highest Volume — 391 contracts
2022-04-11: Largest IV spike — 36.6% change
2022-04-11: Highest IV Rank — 100.0%
2022-04-27: Largest Expected Move — 16.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$110.99	$103.47	$116.58	$114.41	$103.47
Max Pain	$110.00	$110.00	$110.00	$110.00	$110.00
ATM IV	49.9%	34.7%	65.5%	34.7%	54.4%
Expected Move	14.0%	12.7%	16.2%	13.5%	15.6%
HV 20d	28.2%	21.0%	35.5%	31.4%	35.5%
HV 60d	36.5%	34.5%	37.6%	37.3%	36.3%
IV Rank	58.0%	16.7%	100.0%	16.7%	69.9%
IV Percentile	77.0%	17.5%	100.0%	17.5%	89.3%
Term Structure	-4.1%	-9.9%	14.9%	14.9%	-5.3%
VWIV	48.8%	42.6%	64.6%	47.5%	62.0%
Skew 25d	5.8%	-5.3%	11.9%	-5.3%	0.1%
Skew 10d	16.4%	-13.9%	39.1%	-13.9%	9.9%
Call IV 25d	48.0%	40.4%	65.6%	46.6%	65.6%
Put IV 25d	53.9%	41.3%	66.0%	41.3%	65.7%
Bid-Ask Spread %	86.97	78.62	92.66	78.62	89.93
Gamma HHI	0.14	0.11	0.20	0.17	0.17
Net GEX	13.9K	-48.9K	51.9K	39.4K	-48.9K
Net DEX	120.0K	-778.6K	1.4M	-280.9K	1.4M
Net VEX	-12.3K	-14.0K	-11.4K	-14.0K	-12.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.93	0.49	4.00	0.70	1.96
Total Volume	265	5	391	308	391
Total OI	937.55	704	1,117	1,097	956

Daily Data (20 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
2022-04-01	$114.41	$110.00	34.7%	13.5%	31.4%	16.7%	47.5%	-5.3%	14.9%	39.4K	-280.9K	-14.0K	0.70	78.62	181	127	661	436
2022-04-04	$116.58	$110.00	41.6%	13.3%	31.6%	35.7%	45.4%	5.5%	-3.6%	48.5K	-778.6K	-13.2K	0.76	89.49	181	138	661	437
2022-04-05	$113.92	$110.00	43.3%	12.7%	32.5%	40.3%	44.6%	2.1%	-0.5%	34.1K	-242.5K	-12.9K	0.61	90.25	181	111	671	440
2022-04-06	$112.13	$110.00	54.3%	14.5%	27.1%	70.6%	48.5%	8.0%	-5.3%	21.8K	78.7K	-12.5K	0.60	88.98	181	108	671	441
2022-04-07	$112.31	$110.00	53.9%	13.4%	26.2%	69.4%	46.4%	7.1%	-1.2%	26.6K	94.0K	-12.5K	0.59	92.50	181	107	671	441
2022-04-08	$112.95	$110.00	47.9%	13.1%	25.5%	53.1%	47.4%	10.8%	-1.4%	33.4K	-141.8K	-13.0K	0.59	80.43	181	107	672	441
2022-04-11	$113.85	$110.00	65.5%	13.7%	21.0%	100.0%	47.8%	7.2%	-5.5%	35.9K	-163.7K	-12.2K	0.61	91.82	176	107	672	439
2022-04-12	$112.73	$110.00	53.9%	13.5%	21.1%	68.5%	47.2%	7.1%	-2.1%	40.6K	-208.5K	-12.1K	0.60	82.12	182	110	673	439
2022-04-13	$116.00	$110.00	45.6%	13.1%	23.1%	46.2%	45.8%	9.2%	-4.2%	51.9K	-529.4K	-12.7K	0.64	80.40	181	115	678	434
2022-04-14	$113.00	$110.00	44.3%	12.7%	24.2%	42.7%	45.3%	4.6%	-3.3%	-1.8K	-191.3K	-11.6K	0.49	85.48	234	114	679	438
2022-04-18	$109.76	$110.00	47.2%	13.5%	26.4%	50.5%	44.0%	8.3%	-5.7%	-1.3K	358.8K	-11.8K	0.62	83.91	133	82	349	355
2022-04-19	$111.81	$110.00	47.2%	13.5%	27.2%	50.6%	45.3%	8.9%	-5.8%	1.5K	154.3K	-11.9K	0.62	85.89	133	82	360	367
2022-04-20	$111.43	$110.00	48.1%	13.8%	26.1%	52.8%	46.4%	2.6%	-5.7%	1.8K	130.6K	-11.9K	0.60	86.45	129	78	374	368
2022-04-21	$109.19	$110.00	46.4%	13.3%	26.8%	48.2%	42.6%	-0.4%	-6.6%	2.2K	315.2K	-11.6K	0.69	92.66	127	88	374	368
2022-04-22	$108.70	$110.00	49.1%	14.1%	26.8%	55.6%	44.6%	8.7%	-5.3%	-2.8K	422.0K	-12.2K	0.68	88.72	130	88	374	378
2022-04-25	$111.94	$110.00	54.6%	15.7%	28.7%	70.6%	48.9%	11.3%	-9.9%	2.9K	108.3K	-12.2K	0.68	87.30	130	88	378	378
2022-04-26	$106.02	$110.00	54.4%	15.6%	33.9%	69.9%	50.5%	6.8%	-7.7%	-2.3K	540.4K	-11.6K	0.65	84.99	136	89	378	379
2022-04-27	$103.62	$110.00	56.5%	16.2%	33.8%	75.7%	61.1%	2.1%	-9.0%	-5.3K	787.4K	-11.4K	4.00	90.10	1	4	379	380
2022-04-28	$105.91	$110.00	55.8%	16.0%	34.8%	73.7%	64.6%	11.9%	-8.3%	-1.3K	559.1K	-11.9K	1.94	89.31	132	256	379	382
2022-04-29	$103.47	$110.00	54.4%	15.6%	35.5%	69.9%	62.0%	0.1%	-5.3%	-48.9K	1.4M	-12.5K	1.96	89.93	132	259	379	577