APPF Options History — October 2023

In October 2023, APPF traded between $176.94 and $195.69. ATM implied volatility averaged 43.3%, placing in the 33.0% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded above realized volatility by 11.7% (HV 20d: 31.7%). Max pain ranged from $165.00 to $180.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 1.96.

Notable Days

  • 2023-10-27: Highest Volume — 228 contracts
  • 2023-10-09: Largest IV spike — 21.7% change
  • 2023-10-25: Highest IV Rank — 53.7%
  • 2023-10-25: Largest Expected Move — 15.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$184.60$176.94$195.69$183.86$187.19
Max Pain$173.41$165.00$180.00$170.00$175.00
ATM IV43.3%34.5%52.6%36.6%38.4%
Expected Move12.7%10.1%15.1%10.5%11.0%
HV 20d31.7%28.3%35.7%28.7%35.7%
HV 60d37.1%35.1%37.7%37.1%36.7%
IV Rank33.0%13.1%53.7%17.7%21.9%
IV Percentile66.3%23.8%96.0%34.1%44.8%
Term Structure-3.0%-8.4%7.9%7.2%-1.1%
VWIV45.7%34.4%61.1%34.4%41.8%
Skew 25d5.2%1.8%9.8%3.6%4.6%
Skew 10d8.8%-5.4%22.2%8.8%19.8%
Call IV 25d43.2%36.2%51.5%36.3%36.8%
Put IV 25d48.3%39.9%55.6%39.9%41.4%
Bid-Ask Spread %70.2858.0886.3786.3774.60
Gamma HHI0.200.150.260.180.26
Net GEX183.9K-56.4K299.9K192.0K197.5K
Net DEX-6.8M-11.5M-3.2M-7.3M-5.0M
Net VEX-26.6K-28.9K-22.1K-27.8K-28.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.960.0613.000.103.67
Total Volume54.90982281114
Total OI1,573.2739471,9161,6781,188

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$183.86$170.0036.6%10.5%28.7%17.7%34.4%3.6%7.2%192.0K-7.3M-27.8K0.1086.371011,159519
2023-10-03$181.34$170.0039.4%11.3%28.3%24.0%0.0%4.0%4.3%169.7K-6.4M-27.8K3.3380.423101,164520
2023-10-04$185.16$170.0035.1%10.1%29.6%14.6%39.3%9.1%7.9%221.1K-7.8M-28.6K0.5285.3533171,164529
2023-10-05$191.30$170.0037.5%12.2%32.1%19.8%43.4%1.8%-4.1%271.5K-10.1M-28.9K0.6961.9232221,192541
2023-10-06$192.78$170.0034.5%11.7%32.2%13.1%46.0%6.3%-1.4%296.8K-10.8M-27.9K12.7573.8881021,209562
2023-10-09$195.69$175.0042.0%12.2%32.0%29.9%47.0%5.9%-3.9%281.4K-11.5M-28.7K13.0063.522261,217620
2023-10-10$192.63$180.0037.2%12.3%31.9%19.3%42.6%3.8%-5.1%299.9K-10.7M-27.9K0.3866.1040151,218620
2023-10-11$188.19$180.0044.4%12.7%29.8%35.2%47.7%1.8%-5.2%269.6K-8.7M-28.8K0.1571.792741,231628
2023-10-12$183.82$180.0043.8%12.6%30.9%34.1%42.3%9.8%-6.3%199.0K-7.0M-27.5K0.0669.503621,242627
2023-10-13$181.00$180.0044.8%12.9%30.9%36.3%43.3%4.1%-5.0%136.7K-6.3M-26.8K0.3372.54621,250627
2023-10-16$185.12$180.0045.5%13.0%31.9%37.7%47.1%5.9%-5.4%238.3K-7.9M-26.2K0.2162.882961,252626
2023-10-17$184.98$180.0045.4%13.0%31.9%37.6%48.3%4.7%-4.6%260.7K-7.8M-25.4K0.4464.48941,246632
2023-10-18$180.69$180.0044.0%12.6%32.3%34.6%47.9%3.7%-4.7%91.6K-5.7M-24.0K1.5072.22691,255633
2023-10-19$183.36$175.0047.4%13.6%30.7%42.2%61.1%5.5%-5.7%200.0K-6.9M-23.6K0.0865.8311091,252624
2023-10-20$177.85$165.0049.7%14.2%32.6%47.2%51.4%7.7%-7.3%-56.4K-4.9M-22.1K0.6265.47119741,292624
2023-10-23$180.28$165.0050.2%14.4%33.0%48.4%47.0%3.1%-5.8%120.7K-4.1M-25.0K0.0765.01141667280
2023-10-24$181.99$165.0049.1%14.1%30.7%46.0%49.1%5.0%-5.9%131.4K-4.3M-25.8K2.0763.901429680281
2023-10-25$176.94$170.0052.6%15.1%30.5%53.7%49.3%5.1%-4.8%105.0K-3.3M-25.0K0.5066.8984686306
2023-10-26$176.94$170.0052.3%15.0%30.3%53.2%52.4%4.1%-8.4%104.8K-3.2M-24.9K0.8158.085847690308
2023-10-27$186.13$170.0042.1%12.1%35.4%30.2%38.5%9.8%-1.9%140.6K-4.9M-27.1K0.3880.2316563716341
2023-10-30$183.89$175.0041.3%11.8%35.6%28.3%40.9%4.0%0.3%174.4K-4.4M-27.9K1.5775.28711818376
2023-10-31$187.19$175.0038.4%11.0%35.7%21.9%41.8%4.6%-1.1%197.5K-5.0M-28.3K3.6774.60311814374