APPF Options History — June 2025

In June 2025, APPF traded between $209.08 and $232.18. ATM implied volatility averaged 31.3%, placing in the 15.0% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 0.3% (HV 20d: 30.9%). Max pain ranged from $200.00 to $200.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 1.17.

Notable Days

2025-06-10: Highest Volume — 98 contracts
2025-06-16: Largest IV drop — 7.5% change
2025-06-20: Highest IV Rank — 19.6%
2025-06-20: Largest Expected Move — 9.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$223.80	$209.08	$232.18	$209.08	$229.76
Max Pain	$200.00	$200.00	$200.00	$200.00	$200.00
ATM IV	31.3%	28.8%	33.5%	32.9%	30.9%
Expected Move	9.0%	8.3%	9.6%	9.4%	8.9%
HV 20d	30.9%	27.9%	33.0%	27.9%	30.3%
HV 60d	56.4%	55.9%	57.1%	56.5%	55.9%
IV Rank	15.0%	10.1%	19.6%	18.5%	14.4%
IV Percentile	13.6%	1.6%	38.1%	27.0%	9.1%
Term Structure	8.1%	-0.6%	15.5%	-0.6%	13.1%
VWIV	31.2%	21.8%	43.3%	33.3%	30.9%
Skew 25d	4.0%	2.9%	6.3%	6.1%	4.0%
Skew 10d	8.8%	2.6%	15.1%	15.1%	10.4%
Call IV 25d	29.5%	26.0%	31.9%	31.9%	28.1%
Put IV 25d	33.5%	30.9%	38.0%	38.0%	32.1%
Bid-Ask Spread %	90.18	83.32	95.79	88.46	94.10
Gamma HHI	0.15	0.12	0.28	0.12	0.17
Net GEX	434.5K	289.2K	695.1K	289.2K	402.9K
Net DEX	-8.7M	-10.9M	-4.4M	-4.4M	-9.5M
Net VEX	-42.0K	-44.3K	-40.1K	-41.6K	-40.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.17	0.00	10.00	0.00	0.33
Total Volume	18.4	1	98	4	4
Total OI	1,530.1	1,453	1,628	1,485	1,540

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2025-06-02	$209.08	$200.00	32.9%	9.4%	27.9%	18.5%	33.3%	6.1%	-0.6%	289.2K	-4.4M	-41.6K	0.00	88.46	4	0	1,119	366
2025-06-03	$217.68	$200.00	31.2%	8.9%	31.0%	14.9%	32.2%	3.1%	1.4%	348.4K	-6.5M	-43.2K	2.63	92.35	8	21	1,120	366
2025-06-04	$217.51	$200.00	30.9%	8.9%	31.0%	14.3%	32.7%	4.0%	-0.1%	362.7K	-6.9M	-43.4K	10.00	88.21	1	10	1,122	386
2025-06-05	$216.63	$200.00	30.8%	9.1%	31.0%	14.0%	0.0%	2.9%	6.2%	366.7K	-6.6M	-43.2K	0.00	89.52	0	4	1,121	381
2025-06-06	$217.05	$200.00	30.8%	9.1%	30.9%	14.1%	35.1%	3.2%	6.2%	359.0K	-6.4M	-42.5K	3.00	83.32	1	3	1,121	384
2025-06-09	$218.27	$200.00	32.0%	9.3%	30.6%	16.5%	21.8%	4.3%	5.2%	379.3K	-7.1M	-42.3K	0.00	87.83	7	0	1,122	385
2025-06-10	$228.62	$200.00	30.5%	8.9%	33.0%	13.4%	30.2%	3.2%	6.4%	414.7K	-10.4M	-43.6K	0.10	84.62	89	9	1,131	387
2025-06-11	$229.18	$200.00	30.9%	8.9%	32.0%	14.4%	30.8%	3.0%	6.8%	488.7K	-10.9M	-44.3K	0.08	84.33	13	1	1,184	385
2025-06-12	$227.77	$200.00	31.5%	9.0%	31.0%	15.5%	30.1%	2.9%	6.1%	498.3K	-10.5M	-43.7K	0.00	87.70	4	0	1,190	385
2025-06-13	$224.59	$200.00	33.3%	9.5%	31.6%	19.1%	34.0%	4.0%	4.8%	504.4K	-9.7M	-43.0K	0.00	89.89	0	6	1,187	385
2025-06-16	$226.91	$200.00	30.8%	8.8%	30.6%	14.0%	29.7%	3.8%	7.2%	523.8K	-10.2M	-41.8K	0.13	88.88	23	3	1,187	387
2025-06-17	$220.00	$200.00	32.5%	9.3%	32.1%	17.5%	31.3%	4.5%	5.4%	501.9K	-7.8M	-40.8K	0.09	89.88	34	3	1,209	390
2025-06-18	$224.10	$200.00	33.3%	9.5%	32.7%	19.2%	0.0%	3.7%	11.8%	562.2K	-9.6M	-41.9K	2.00	95.79	1	2	1,239	389
2025-06-20	$221.63	$200.00	33.5%	9.6%	30.0%	19.6%	30.3%	3.0%	11.5%	695.1K	-9.0M	-40.6K	0.00	91.04	26	0	1,239	389
2025-06-23	$228.15	$200.00	31.6%	9.1%	31.1%	15.7%	30.8%	4.7%	13.3%	382.9K	-9.2M	-41.4K	0.00	89.66	13	0	1,115	338
2025-06-24	$232.18	$200.00	30.3%	8.7%	31.4%	13.1%	25.3%	6.3%	13.9%	411.6K	-10.3M	-41.1K	0.20	92.44	10	2	1,126	338
2025-06-25	$231.16	$200.00	28.8%	8.3%	31.5%	10.1%	0.0%	5.6%	15.5%	419.0K	-10.2M	-40.6K	0.00	95.60	0	1	1,133	338
2025-06-26	$229.49	$200.00	29.9%	8.6%	29.3%	12.2%	28.8%	3.4%	13.3%	396.5K	-9.6M	-40.4K	1.14	95.28	22	25	1,143	350
2025-06-27	$226.26	$200.00	28.9%	8.3%	30.1%	10.3%	43.3%	4.8%	13.8%	383.2K	-9.1M	-40.1K	0.13	94.70	16	2	1,153	372
2025-06-30	$229.76	$200.00	30.9%	8.9%	30.3%	14.4%	30.9%	4.0%	13.1%	402.9K	-9.5M	-40.1K	0.33	94.10	3	1	1,169	371