APPF Options History — July 2022

In July 2022, APPF traded between $91.98 and $103.68. ATM implied volatility averaged 57.7%, placing in the 55.5% IV rank vs the trailing year. The 30-day expected move averaged 16.3%. IV traded above realized volatility by 6.7% (HV 20d: 51.0%). Max pain ranged from $95.00 to $105.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 3.18.

Notable Days

2022-07-15: Highest Volume — 709 contracts
2022-07-29: Largest IV drop — 31.4% change
2022-07-12: Highest IV Rank — 100.0%
2022-07-13: Largest Expected Move — 19.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$97.41	$91.98	$103.68	$93.52	$101.78
Max Pain	$99.50	$95.00	$105.00	$105.00	$100.00
ATM IV	57.7%	42.1%	80.6%	49.6%	42.1%
Expected Move	16.3%	12.1%	19.0%	14.2%	12.1%
HV 20d	51.0%	46.5%	57.5%	50.6%	47.4%
HV 60d	62.6%	60.9%	63.9%	60.9%	63.6%
IV Rank	55.5%	21.7%	100.0%	45.0%	21.7%
IV Percentile	86.2%	34.1%	100.0%	71.8%	34.1%
Term Structure	-6.8%	-18.7%	5.9%	5.9%	-0.1%
VWIV	60.0%	49.1%	73.6%	54.3%	49.1%
Skew 25d	9.4%	-4.5%	25.9%	4.9%	5.9%
Skew 10d	26.5%	-12.3%	81.3%	2.1%	22.4%
Call IV 25d	54.7%	40.7%	69.6%	47.4%	40.7%
Put IV 25d	64.2%	46.6%	73.0%	52.3%	46.6%
Bid-Ask Spread %	82.47	69.75	95.97	95.97	86.31
Gamma HHI	0.15	0.13	0.18	0.14	0.16
Net GEX	-45.4K	-85.9K	-13.3K	-74.6K	-13.6K
Net DEX	1.7M	486.1K	3.1M	2.7M	889.0K
Net VEX	-12.2K	-13.4K	-10.9K	-13.1K	-11.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.18	1.46	3.90	3.06	3.90
Total Volume	498.95	432	709	512	470
Total OI	1,307.05	994	1,638	1,572	1,045

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
2022-07-01	$93.52	$105.00	49.6%	14.2%	50.6%	45.0%	54.3%	4.9%	5.9%	-74.6K	2.7M	-13.1K	3.06	95.97	126	386	594	978
2022-07-05	$95.70	$95.00	56.9%	16.2%	50.8%	60.4%	55.4%	14.6%	-5.6%	-65.3K	2.4M	-13.1K	2.80	69.75	139	389	596	978
2022-07-06	$99.02	$95.00	48.5%	16.4%	51.9%	39.0%	58.5%	11.2%	-5.6%	-55.8K	1.7M	-13.4K	2.80	81.30	134	375	609	979
2022-07-07	$99.28	$95.00	50.5%	16.7%	51.8%	43.5%	51.9%	25.3%	-8.5%	-55.6K	1.8M	-12.9K	2.97	80.41	134	398	609	976
2022-07-08	$101.63	$100.00	63.2%	15.3%	52.4%	72.2%	57.2%	19.4%	-4.3%	-45.7K	1.4M	-13.4K	3.29	72.92	121	398	609	986
2022-07-11	$98.30	$100.00	64.0%	16.9%	52.2%	74.1%	60.0%	8.0%	-8.7%	-68.7K	2.0M	-12.4K	3.24	77.78	125	405	610	1,005
2022-07-12	$91.98	$100.00	80.6%	18.0%	57.5%	100.0%	61.5%	8.1%	-12.0%	-78.0K	2.8M	-11.5K	3.34	79.43	123	411	614	1,005
2022-07-13	$92.16	$100.00	66.4%	19.0%	53.1%	71.2%	59.0%	7.9%	-12.8%	-83.4K	3.1M	-11.7K	3.26	74.27	123	401	613	1,025
2022-07-14	$92.68	$100.00	54.3%	15.6%	53.0%	46.6%	57.6%	16.8%	-4.9%	-85.9K	3.0M	-11.0K	3.32	92.44	123	408	613	1,024
2022-07-15	$96.10	$100.00	52.9%	15.2%	53.5%	43.8%	55.0%	4.3%	-6.4%	-82.3K	2.5M	-10.9K	1.46	81.26	288	421	614	1,006
2022-07-18	$93.75	$100.00	53.3%	15.3%	52.6%	44.5%	57.6%	6.9%	1.1%	-30.0K	1.5M	-11.7K	1.62	90.46	207	335	294	700
2022-07-19	$95.83	$100.00	57.7%	16.5%	50.8%	53.4%	64.6%	-4.5%	-7.6%	-25.6K	1.3M	-12.8K	3.08	79.24	109	336	297	704
2022-07-20	$99.67	$100.00	60.2%	17.3%	52.3%	58.6%	65.4%	25.9%	-7.2%	-17.4K	853.2K	-12.5K	3.62	87.26	94	340	300	707
2022-07-21	$100.67	$100.00	57.0%	16.4%	52.3%	52.1%	65.1%	-0.9%	-6.9%	-19.0K	798.2K	-12.4K	3.60	82.49	94	338	298	707
2022-07-22	$98.44	$100.00	58.2%	16.7%	49.4%	54.5%	62.8%	10.1%	-10.0%	-23.3K	1.1M	-12.3K	3.52	85.25	96	338	299	707
2022-07-25	$98.00	$100.00	59.1%	16.9%	48.3%	56.2%	64.5%	2.6%	-8.6%	-23.3K	1.1M	-12.1K	3.63	87.75	96	348	302	707
2022-07-26	$95.78	$100.00	57.8%	16.6%	46.7%	53.6%	62.6%	13.8%	-7.0%	-25.2K	1.3M	-12.0K	3.63	82.33	96	348	302	707
2022-07-27	$100.25	$100.00	60.2%	17.3%	46.5%	58.5%	65.1%	5.0%	-7.3%	-21.2K	903.6K	-11.4K	3.66	88.43	96	351	302	707
2022-07-28	$103.68	$100.00	61.3%	17.6%	47.2%	60.7%	73.6%	3.4%	-18.7%	-13.3K	486.1K	-11.7K	3.78	74.39	96	363	302	711
2022-07-29	$101.78	$100.00	42.1%	12.1%	47.4%	21.7%	49.1%	5.9%	-0.1%	-13.6K	889.0K	-11.0K	3.90	86.31	96	374	307	738