APPF Options History — February 2024

In February 2024, APPF traded between $223.65 and $241.68. ATM implied volatility averaged 36.5%, placing in the 17.1% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded below realized volatility by 45.9% (HV 20d: 82.4%). Max pain ranged from $220.00 to $220.00. Net GEX was positive for 17 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.59.

Notable Days

  • 2024-02-16: Highest Volume — 534 contracts
  • 2024-02-05: Largest IV spike — 11.8% change
  • 2024-02-05: Highest IV Rank — 21.5%
  • 2024-02-13: Largest Expected Move — 11.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$233.35$223.65$241.68$227.18$241.17
Max Pain$220.00$220.00$220.00$220.00$220.00
ATM IV36.5%33.8%38.4%35.5%36.7%
Expected Move10.3%9.6%11.0%9.7%10.5%
HV 20d82.4%31.6%96.4%93.9%31.6%
HV 60d60.1%59.1%61.2%60.6%59.7%
IV Rank17.1%11.0%21.5%15.0%17.6%
IV Percentile50.0%24.6%61.9%44.0%54.0%
Term Structure0.2%-1.6%2.6%1.1%-0.7%
VWIV36.7%33.1%41.9%34.9%37.3%
Skew 25d1.2%-4.2%5.5%0.1%0.1%
Skew 10d6.6%-3.8%15.2%13.1%3.3%
Call IV 25d36.3%32.6%40.9%36.5%37.8%
Put IV 25d37.5%34.8%40.1%36.6%37.9%
Bid-Ask Spread %81.3074.6090.0674.6090.06
Gamma HHI0.190.130.300.210.16
Net GEX317.8K-379.6K839.4K-379.6K475.3K
Net DEX-30.4M-46.0M-16.5M-27.3M-26.9M
Net VEX-95.0K-102.2K-84.3K-93.1K-97.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.012.380.220.42
Total Volume162.452353434327
Total OI4,738.753,3135,9395,0453,704

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-02-01$227.18$220.0035.5%9.7%93.9%15.0%34.9%0.1%1.1%-379.6K-27.3M-93.1K0.2274.60281622,0982,947
2024-02-02$228.91$220.0034.3%9.7%93.6%12.3%34.5%2.5%1.0%19.0K-30.9M-93.2K0.9777.0391882,3272,958
2024-02-05$223.65$220.0038.4%10.0%94.4%21.5%35.6%3.8%0.8%-159.0K-25.8M-96.8K0.6279.4347292,3722,988
2024-02-06$226.87$220.0036.0%9.6%94.4%16.0%36.3%1.0%-0.1%-11.3K-30.2M-90.7K0.3474.90114392,3882,982
2024-02-07$233.64$220.0033.9%9.7%94.3%11.4%33.1%1.6%0.4%289.4K-37.7M-89.1K0.3978.47101392,4863,003
2024-02-08$236.46$220.0033.8%9.7%94.3%11.0%33.6%3.2%0.3%403.9K-40.5M-84.3K0.5077.70151752,4953,026
2024-02-09$233.06$220.0034.7%10.0%94.8%13.2%34.5%3.0%-0.1%431.5K-38.6M-88.0K0.4781.28121572,5263,064
2024-02-12$234.17$220.0036.7%10.5%94.9%17.6%36.2%1.3%0.8%355.6K-38.6M-88.5K1.2679.221251582,5413,091
2024-02-13$229.24$220.0038.2%11.0%93.8%21.1%38.8%3.0%-0.8%208.2K-33.6M-98.1K0.4978.97101502,6293,158
2024-02-14$233.37$220.0037.2%10.7%93.6%18.9%36.8%1.4%0.2%549.0K-37.8M-97.6K0.0582.1911362,6483,162
2024-02-15$241.68$220.0036.1%10.4%93.9%16.3%36.9%1.7%-0.3%658.2K-46.0M-98.1K0.1581.03130192,7393,161
2024-02-16$233.86$220.0037.0%10.6%95.5%18.4%37.5%1.2%0.8%839.4K-42.0M-96.1K0.0181.3852862,7653,174
2024-02-20$232.97$220.0037.8%10.8%95.6%20.1%38.1%-4.2%-1.2%335.1K-19.8M-94.6K0.3782.6173271,7151,598
2024-02-21$226.96$220.0038.0%10.9%96.4%20.6%37.4%2.4%-1.6%314.5K-16.5M-99.8K0.8281.1322181,7671,613
2024-02-22$229.82$220.0037.5%10.7%95.7%19.5%39.8%1.4%-0.5%345.9K-18.3M-98.7K1.0082.2132321,7721,621
2024-02-23$234.69$220.0035.9%10.3%95.0%15.8%36.2%5.5%2.6%375.8K-21.2M-96.5K0.1484.82100141,7901,642
2024-02-26$239.08$220.0037.9%10.9%35.4%20.3%41.9%-2.8%-1.5%428.0K-24.5M-95.0K2.3885.90731741,8511,648
2024-02-27$239.94$220.0036.8%10.6%34.2%18.0%37.5%0.1%1.7%421.2K-24.6M-102.2K0.6185.1764391,9001,725
2024-02-28$240.33$220.0036.9%10.6%32.7%18.2%37.9%-2.6%1.2%455.1K-26.4M-102.2K0.5387.821581,9461,755
2024-02-29$241.17$220.0036.7%10.5%31.6%17.6%37.3%0.1%-0.7%475.3K-26.9M-97.9K0.4290.061981,9511,753