APPF Options History — May 2024

In May 2024, APPF traded between $226.27 and $249.46. ATM implied volatility averaged 33.2%, placing in the 15.5% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded below realized volatility by 10.8% (HV 20d: 44.0%). Max pain ranged from $195.00 to $240.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.44.

Notable Days

  • 2024-05-17: Highest Volume — 341 contracts
  • 2024-05-15: Largest IV drop — 22.7% change
  • 2024-05-14: Highest IV Rank — 36.6%
  • 2024-05-01: Largest Expected Move — 10.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$239.64$226.27$249.46$231.81$226.27
Max Pain$216.14$195.00$240.00$200.00$195.00
ATM IV33.2%29.7%39.2%37.4%34.7%
Expected Move9.2%8.7%10.7%10.7%9.9%
HV 20d44.0%22.4%51.6%50.3%22.4%
HV 60d39.2%38.1%40.3%40.2%38.1%
IV Rank15.5%3.0%36.6%30.4%20.7%
IV Percentile24.8%0.4%72.6%65.1%41.7%
Term Structure-0.4%-6.0%2.0%-6.0%-2.6%
VWIV32.6%29.8%37.6%37.6%33.1%
Skew 25d1.0%-1.8%3.1%2.8%1.2%
Skew 10d-1.1%-13.5%4.5%4.5%2.6%
Call IV 25d32.2%29.5%35.6%35.4%34.7%
Put IV 25d33.2%30.0%38.2%38.2%35.9%
Bid-Ask Spread %88.0179.3996.7284.2893.13
Gamma HHI0.300.130.740.390.17
Net GEX691.7K243.4K2.1M600.1K264.7K
Net DEX-21.0M-33.8M-8.0M-18.8M-8.0M
Net VEX-60.8K-67.9K-54.6K-67.9K-59.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.002.570.610.00
Total Volume84.682203415820
Total OI3,648.51,5555,0774,9171,881

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$231.81$200.0037.4%10.7%50.3%30.4%37.6%2.8%-6.0%600.1K-18.8M-67.9K0.6184.2836222,6962,221
2024-05-02$236.10$200.0034.4%9.9%50.6%19.8%35.7%1.6%-2.0%663.6K-21.6M-67.2K0.1084.172932,6932,227
2024-05-03$238.78$200.0032.1%9.2%50.7%11.4%32.3%-0.0%0.4%804.3K-24.3M-63.8K0.6389.7059372,7132,210
2024-05-06$245.57$240.0034.2%9.7%51.6%18.8%35.0%3.1%-1.1%785.5K-28.3M-64.3K0.6885.7928192,7022,239
2024-05-07$247.79$240.0034.7%9.1%51.5%20.9%33.2%2.0%-0.3%807.9K-30.3M-61.9K0.2881.4375212,7162,229
2024-05-08$245.50$240.0035.3%9.1%50.7%23.0%31.6%1.4%0.2%885.4K-28.9M-61.4K0.9283.0552482,7292,228
2024-05-09$247.31$240.0033.1%8.8%50.5%15.2%31.4%1.4%0.3%920.9K-30.6M-62.8K0.8183.8536292,7642,237
2024-05-10$246.69$240.0029.7%8.8%50.0%3.0%33.1%-0.2%0.2%1.0M-30.4M-60.6K0.1084.962122,7692,232
2024-05-13$248.29$240.0036.2%8.9%49.2%26.0%30.8%1.3%0.1%1.0M-31.7M-57.3K0.2079.3964132,7712,232
2024-05-14$246.68$240.0039.2%8.8%49.3%36.6%32.2%1.5%-0.1%1.1M-30.5M-56.3K2.5783.747182,7782,236
2024-05-15$249.46$240.0030.3%8.7%49.3%5.1%30.4%1.5%-0.1%961.7K-33.8M-54.6K0.0883.82133112,7802,237
2024-05-16$246.62$240.0030.6%8.8%48.9%6.1%32.8%2.2%-0.4%1.1M-32.6M-56.6K0.0286.8710122,8212,244
2024-05-17$239.59$240.0031.8%9.1%49.3%10.5%29.8%1.1%0.9%2.1M-24.0M-57.1K0.2190.26282592,8352,242
2024-05-20$244.08$195.0032.1%9.2%48.6%11.6%30.9%2.0%0.1%288.9K-13.4M-59.3K0.0691.196741,120435
2024-05-21$238.49$195.0031.6%9.1%49.5%9.7%31.7%1.6%0.9%272.2K-12.4M-59.6K0.4690.9626121,127436
2024-05-22$237.18$195.0031.7%9.1%48.7%10.2%31.1%3.0%2.0%265.5K-12.0M-59.5K1.2991.3855711,142442
2024-05-23$233.47$195.0030.9%8.9%49.2%7.1%32.1%-1.0%1.1%243.4K-10.7M-60.7K0.1796.7283141,189509
2024-05-24$230.83$195.0030.4%8.7%25.9%5.5%31.6%-1.8%1.6%264.8K-10.1M-61.6K0.2692.50110291,235507
2024-05-28$232.02$195.0032.3%9.3%25.1%12.3%31.1%-1.1%-0.7%292.8K-10.6M-62.3K0.0693.413521,283530
2024-05-29$231.08$195.0033.8%9.7%23.1%17.4%34.6%-1.2%-1.0%272.0K-10.4M-61.9K0.0792.427051,268529
2024-05-30$228.57$195.0034.2%9.8%23.3%18.8%34.4%-1.2%-3.2%268.9K-9.1M-61.1K0.1093.324851,307546
2024-05-31$226.27$195.0034.7%9.9%22.4%20.7%33.1%1.2%-2.6%264.7K-8.0M-59.5K0.0093.132001,336545