APPF Options History — August 2023

In August 2023, APPF traded between $165.24 and $194.52. ATM implied volatility averaged 33.9%, placing in the 5.4% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded below realized volatility by 5.9% (HV 20d: 39.8%). Max pain ranged from $145.00 to $180.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 20 of 23 days. Put/call ratio averaged 1.14.

Notable Days

  • 2023-08-03: Highest Volume — 475 contracts
  • 2023-08-21: Largest IV drop — 9.3% change
  • 2023-08-21: Highest IV Rank — 10.2%
  • 2023-08-02: Largest Expected Move — 10.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$178.81$165.24$194.52$184.57$193.15
Max Pain$169.35$145.00$180.00$155.00$165.00
ATM IV33.9%30.6%37.8%35.1%30.6%
Expected Move9.6%8.8%10.8%10.1%8.8%
HV 20d39.8%29.3%51.5%29.3%44.8%
HV 60d38.1%34.0%42.8%34.0%38.1%
IV Rank5.4%2.9%10.2%4.3%4.3%
IV Percentile11.4%1.2%27.0%15.5%1.2%
Term Structure1.9%-2.6%5.5%-1.0%2.2%
VWIV33.6%30.1%41.1%35.6%30.8%
Skew 25d3.5%1.1%5.1%3.9%1.4%
Skew 10d5.6%-2.8%15.1%2.7%-2.8%
Call IV 25d33.0%30.6%37.6%33.5%31.4%
Put IV 25d36.6%32.7%41.0%37.3%32.7%
Bid-Ask Spread %79.7570.7392.4284.3792.42
Gamma HHI0.130.090.210.210.15
Net GEX129.7K32.4K221.8K194.0K221.8K
Net DEX-6.1M-10.3M-3.0M-7.0M-10.3M
Net VEX-25.3K-35.5K-20.0K-24.7K-34.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.140.0011.000.900.43
Total Volume167.69654753810
Total OI1,927.131,5652,1131,8112,082

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-08-01$184.57$155.0035.1%10.1%29.3%4.3%35.6%3.9%-1.0%194.0K-7.0M-24.7K0.9084.3720181,439372
2023-08-02$173.53$155.0037.8%10.8%37.3%6.0%37.6%3.4%-2.6%126.2K-5.0M-24.5K0.1185.23321351,461377
2023-08-03$174.95$180.0037.0%9.9%37.1%5.5%0.0%4.2%1.8%141.6K-5.4M-26.2K0.0171.7646961,684387
2023-08-04$174.59$180.0034.3%9.9%37.0%3.7%32.4%4.3%-0.1%117.7K-4.9M-24.0K0.0075.38501,507392
2023-08-07$177.64$180.0036.6%9.6%36.9%5.3%0.0%2.1%2.7%146.1K-5.6M-24.3K0.0170.7327621,505392
2023-08-08$175.63$180.0035.0%10.1%37.0%4.2%0.0%4.8%2.7%161.4K-5.7M-27.5K0.0372.18346111,672390
2023-08-09$174.04$180.0033.9%9.7%35.4%3.5%36.0%2.3%1.1%123.2K-5.4M-25.1K0.0473.49300131,550381
2023-08-10$172.93$180.0033.7%9.6%33.9%3.3%0.0%4.5%5.5%92.4K-4.6M-22.5K0.0378.7524271,628389
2023-08-11$172.71$180.0033.1%9.5%33.6%2.9%0.0%5.1%3.5%80.3K-4.6M-21.9K0.0075.2932201,542395
2023-08-14$170.13$180.0033.2%9.5%31.9%3.0%41.1%1.1%2.7%66.6K-4.1M-21.3K0.0374.47347111,718395
2023-08-15$166.50$180.0035.8%10.3%32.0%4.7%35.9%4.6%3.5%34.9K-3.2M-20.0K0.5073.4020101,565405
2023-08-16$165.24$180.0035.6%10.2%32.0%4.6%34.4%4.3%0.6%32.4K-3.0M-21.2K0.3273.5141131,572412
2023-08-17$167.84$175.0034.1%9.8%32.4%3.6%30.3%2.8%3.4%51.5K-3.7M-20.4K0.1475.02117161,583410
2023-08-18$167.88$145.0036.6%10.5%32.1%5.2%34.1%4.9%0.6%89.5K-4.5M-21.1K11.0080.151111,643423
2023-08-21$185.90$160.0033.2%9.5%49.6%10.2%32.9%1.4%2.4%132.2K-7.1M-21.6K0.8879.461361191,298267
2023-08-22$184.16$165.0031.7%9.1%49.7%6.7%32.2%4.2%3.0%126.4K-7.0M-26.0K1.4083.2858811,391362
2023-08-23$184.87$165.0031.5%9.0%48.4%6.4%32.8%3.4%2.9%146.3K-7.3M-28.5K1.3285.5537491,435411
2023-08-24$181.75$160.0031.5%9.0%48.7%6.4%31.5%3.2%1.7%143.7K-6.7M-28.0K6.0081.927421,448389
2023-08-25$184.02$160.0031.3%9.0%48.0%6.0%30.1%4.7%2.0%171.6K-7.3M-28.5K0.1586.872031,448376
2023-08-28$194.52$160.0032.8%9.4%51.5%9.2%33.6%2.9%2.7%197.7K-9.8M-26.2K1.7686.9850881,453375
2023-08-29$193.55$165.0031.9%9.2%50.7%7.4%30.8%4.1%0.6%165.9K-9.3M-28.2K0.1588.09145221,470448
2023-08-30$192.44$165.0032.6%9.3%44.8%8.8%30.8%3.4%2.8%219.9K-10.1M-35.5K1.0086.01551,617465
2023-08-31$193.15$165.0030.6%8.8%44.8%4.3%0.0%1.4%2.2%221.8K-10.3M-34.6K0.4392.42731,617465