APPF Options History — June 2023

In June 2023, APPF traded between $144.27 and $176.05. ATM implied volatility averaged 34.5%, placing in the 3.9% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded below realized volatility by 9.7% (HV 20d: 44.2%). Max pain ranged from $120.00 to $135.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.83.

Notable Days

  • 2023-06-12: Highest Volume — 214 contracts
  • 2023-06-14: Largest IV drop — 24.9% change
  • 2023-06-13: Highest IV Rank — 11.1%
  • 2023-06-12: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$165.80$144.27$176.05$144.27$172.00
Max Pain$121.43$120.00$135.00$135.00$120.00
ATM IV34.5%30.8%45.4%33.4%31.8%
Expected Move9.5%9.1%9.9%9.6%9.1%
HV 20d44.2%23.4%48.5%23.4%47.1%
HV 60d38.0%34.1%39.1%34.1%38.6%
IV Rank3.9%1.4%11.1%3.2%2.0%
IV Percentile10.8%0.8%66.3%4.0%2.0%
Term Structure5.8%-3.2%12.3%-0.8%12.3%
VWIV33.6%23.0%48.2%32.6%32.1%
Skew 25d3.5%-6.9%10.3%2.8%-0.4%
Skew 10d10.0%-8.3%24.4%-8.3%18.4%
Call IV 25d33.6%22.8%37.4%34.7%34.7%
Put IV 25d37.1%30.5%42.8%37.5%34.3%
Bid-Ask Spread %89.7482.89100.7392.7592.96
Gamma HHI0.120.100.170.170.13
Net GEX202.9K155.8K279.5K241.7K180.0K
Net DEX-11.1M-13.6M-6.4M-6.4M-12.3M
Net VEX-19.8K-22.1K-16.0K-16.8K-20.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.006.000.000.10
Total Volume56.6672214322
Total OI1,329.4291,1451,6631,2931,226

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-06-01$144.27$135.0033.4%9.6%23.4%3.2%32.6%2.8%-0.8%241.7K-6.4M-16.8K0.0092.7530972321
2023-06-02$158.81$135.0033.6%9.6%39.3%3.3%34.3%-6.9%-3.2%231.4K-9.7M-16.0K0.0298.94521973321
2023-06-05$155.20$120.0036.2%9.8%40.6%5.0%41.1%5.8%2.9%243.5K-9.2M-17.8K1.9088.6231591,006320
2023-06-06$155.62$120.0035.7%9.4%40.6%4.6%0.0%4.8%3.7%238.4K-9.0M-17.4K0.3685.645620993342
2023-06-07$155.80$120.0030.8%9.2%40.3%1.4%32.0%7.7%6.5%279.5K-9.5M-18.7K0.0086.63701,045342
2023-06-08$161.92$120.0034.9%9.1%41.9%4.1%32.9%6.0%4.4%243.2K-11.0M-17.6K1.6489.3339641,047342
2023-06-09$162.44$120.0038.4%9.7%41.9%6.4%37.0%5.8%3.0%213.2K-10.7M-18.4K6.0085.7915901,028396
2023-06-12$173.39$120.0042.7%9.9%45.6%9.3%35.2%3.2%3.1%194.0K-13.0M-16.7K0.2782.89168461,033458
2023-06-13$173.21$120.0045.4%9.4%45.7%11.1%31.2%1.2%3.5%188.4K-13.1M-21.9K0.2784.3345121,114502
2023-06-14$171.42$120.0034.1%9.8%45.9%3.6%33.8%3.1%3.8%169.7K-12.6M-22.1K2.2986.097161,083511
2023-06-15$176.05$120.0032.8%9.4%46.3%2.7%0.0%2.1%5.9%165.0K-13.6M-21.7K0.0388.756621,082517
2023-06-16$173.15$120.0033.7%9.7%47.2%3.3%33.1%5.8%6.3%155.8K-12.9M-21.3K0.0491.2616361,146517
2023-06-20$173.47$120.0034.4%9.9%47.0%3.8%34.8%5.0%7.1%174.3K-12.2M-21.8K0.0684.453321,040123
2023-06-21$170.19$120.0034.3%9.8%48.0%3.7%33.4%4.4%7.8%182.1K-11.6M-22.0K0.0088.91201,042125
2023-06-22$167.79$120.0032.2%9.2%47.8%2.4%23.6%3.5%8.9%192.7K-11.0M-21.9K0.0091.42051,042125
2023-06-23$164.73$120.0031.9%9.2%48.5%2.2%23.0%10.3%10.6%194.3K-10.3M-21.1K0.00100.733701,042129
2023-06-26$164.17$120.0032.5%9.3%48.3%2.5%33.0%0.5%9.7%203.7K-10.1M-21.6K1.5791.427111,024129
2023-06-27$168.09$120.0032.0%9.2%48.5%2.2%34.1%0.8%8.7%185.7K-11.2M-20.5K0.0093.201901,025120
2023-06-28$169.47$120.0032.0%9.2%47.4%2.2%48.2%5.8%9.2%193.6K-11.5M-20.9K0.8392.68651,034120
2023-06-29$170.62$120.0032.6%9.4%47.3%2.6%32.5%3.1%7.8%189.7K-11.8M-20.3K1.2187.8033401,036125
2023-06-30$172.00$120.0031.8%9.1%47.1%2.0%32.1%-0.4%12.3%180.0K-12.3M-20.1K0.1092.962021,063163