APPF Options History — May 2023

In May 2023, APPF traded between $134.81 and $145.40. ATM implied volatility averaged 34.8%, placing in the 4.0% IV rank vs the trailing year. The 30-day expected move averaged 9.9%. IV traded below realized volatility by 4.1% (HV 20d: 38.9%). Max pain ranged from $130.00 to $135.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 5.10.

Notable Days

  • 2023-05-01: Highest Volume — 103 contracts
  • 2023-05-30: Largest IV spike — 17.7% change
  • 2023-05-30: Highest IV Rank — 7.1%
  • 2023-05-30: Largest Expected Move — 11.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$140.95$134.81$145.40$140.13$141.03
Max Pain$130.91$130.00$135.00$130.00$135.00
ATM IV34.8%30.4%39.4%34.4%32.6%
Expected Move9.9%8.7%11.3%9.9%9.3%
HV 20d38.9%21.9%43.5%42.4%22.2%
HV 60d34.6%34.0%35.5%35.5%34.4%
IV Rank4.0%1.1%7.1%3.8%2.6%
IV Percentile5.4%0.4%24.2%1.6%2.4%
Term Structure-0.2%-4.7%4.1%0.1%4.1%
VWIV36.1%28.6%48.8%41.9%40.7%
Skew 25d4.9%-1.0%10.7%10.1%0.2%
Skew 10d6.7%-13.9%21.6%10.1%4.7%
Call IV 25d33.8%29.8%37.6%31.9%37.6%
Put IV 25d38.7%31.6%42.0%42.0%37.9%
Bid-Ask Spread %83.0662.5999.9683.5199.96
Gamma HHI0.130.100.160.100.16
Net GEX198.7K138.8K248.8K148.6K227.2K
Net DEX-5.6M-7.0M-4.0M-4.9M-5.6M
Net VEX-16.4K-18.5K-14.7K-16.2K-16.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.100.00102.00102.000.00
Total Volume30.54541031039
Total OI1,307.4551,1611,4841,1611,292

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-05-01$140.13$130.0034.4%9.9%42.4%3.8%41.9%10.1%0.1%148.6K-4.9M-16.2K102.0083.511102857304
2023-05-02$137.88$130.0035.5%10.2%42.6%4.5%48.8%6.4%-0.4%143.5K-4.5M-15.7K0.0083.77010858396
2023-05-03$137.81$130.0035.5%10.2%42.4%4.5%0.0%6.2%-0.6%145.0K-4.5M-15.3K1.2584.1845858396
2023-05-04$134.81$130.0034.9%10.5%42.5%4.1%0.0%6.0%-2.5%138.8K-4.0M-14.7K0.6768.7332862401
2023-05-05$137.38$130.0037.3%10.5%42.6%5.7%34.6%7.5%-1.3%143.1K-4.4M-15.2K0.0064.75540863401
2023-05-08$137.59$130.0033.3%9.7%42.5%3.1%0.0%7.3%1.5%174.2K-4.7M-15.1K0.0975.68111917401
2023-05-09$140.34$130.0038.7%10.3%42.9%6.6%34.7%4.8%0.0%181.1K-5.3M-15.8K0.1162.5991923400
2023-05-10$141.93$130.0036.7%10.5%42.6%5.3%34.1%1.3%-0.5%188.4K-5.7M-16.0K0.0077.2150931400
2023-05-11$143.81$130.0036.8%10.6%42.6%5.4%36.0%10.7%-0.3%183.9K-6.1M-16.3K0.0485.23241930400
2023-05-12$141.00$130.0037.6%10.8%43.4%5.9%37.9%4.4%-0.5%189.3K-5.5M-15.8K0.2884.03257952401
2023-05-15$141.28$130.0035.3%10.1%43.3%4.4%34.4%8.4%0.9%196.2K-5.8M-15.8K0.0082.55250975405
2023-05-16$140.34$130.0033.2%9.5%43.5%3.0%36.9%6.8%-0.2%214.3K-5.8M-15.8K0.2883.263911999405
2023-05-17$141.63$130.0032.4%9.3%43.4%2.5%31.5%6.1%2.0%235.3K-6.3M-15.4K0.0087.932801,025400
2023-05-18$144.35$130.0032.7%9.4%42.6%2.6%31.7%2.8%-4.7%247.2K-7.0M-16.1K0.4484.8048211,042400
2023-05-19$143.63$130.0030.4%8.7%41.2%1.1%28.6%-1.0%0.2%248.8K-6.8M-17.3K0.0591.596431,063421
2023-05-22$145.40$130.0032.5%9.3%40.7%2.5%0.0%3.6%0.0%240.5K-6.7M-18.5K0.0086.28440923296
2023-05-23$142.84$130.0031.6%9.1%35.7%2.0%35.5%4.0%1.0%232.7K-6.1M-18.1K0.6985.871611921296
2023-05-24$142.07$130.0034.9%10.0%35.9%4.1%35.5%4.4%-2.2%228.6K-5.9M-18.1K0.9586.151918931303
2023-05-25$141.03$135.0035.4%10.2%35.6%4.5%37.8%3.6%-0.7%216.4K-5.5M-17.8K0.0086.8040942321
2023-05-26$143.69$135.0033.5%9.6%21.9%3.2%33.4%4.7%-0.8%230.8K-6.1M-18.4K0.2387.03358942321
2023-05-30$140.88$135.0039.4%11.3%23.0%7.1%40.7%-0.0%-0.1%217.8K-5.6M-17.2K0.0095.3140969321
2023-05-31$141.03$135.0032.6%9.3%22.2%2.6%0.0%0.2%4.1%227.2K-5.6M-16.9K0.0099.9690971321