APPF Options History — August 2025

In August 2025, APPF traded between $265.79 and $322.75. ATM implied volatility averaged 27.7%, placing in the 7.9% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded below realized volatility by 40.1% (HV 20d: 67.8%). Max pain ranged from $260.00 to $300.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.67.

Notable Days

  • 2025-08-01: Highest Volume — 875 contracts
  • 2025-08-11: Largest IV spike — 22.8% change
  • 2025-08-12: Highest IV Rank — 17.8%
  • 2025-08-12: Largest Expected Move — 8.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$282.41$265.79$322.75$318.76$275.56
Max Pain$285.24$260.00$300.00$260.00$280.00
ATM IV27.7%23.9%32.6%30.4%25.9%
Expected Move8.1%7.4%8.7%8.7%7.4%
HV 20d67.8%29.9%72.2%63.9%29.9%
HV 60d46.1%44.4%47.3%44.4%45.4%
IV Rank7.9%0.0%17.8%13.3%4.0%
IV Percentile4.0%0.0%29.0%4.8%1.2%
Term Structure0.4%-1.0%1.9%-1.0%1.5%
VWIV28.5%25.8%33.4%32.4%30.2%
Skew 25d3.4%1.9%6.0%6.0%4.7%
Skew 10d6.2%3.4%17.3%17.3%11.5%
Call IV 25d26.4%24.5%27.8%26.7%25.3%
Put IV 25d29.8%28.0%32.7%32.7%30.0%
Bid-Ask Spread %81.2475.1488.2685.6488.26
Gamma HHI0.190.120.440.270.15
Net GEX468.4K183.5K888.3K599.1K543.0K
Net DEX-20.3M-40.7M-11.2M-38.2M-22.1M
Net VEX-106.4K-172.7K-36.0K-36.0K-172.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.002.751.030.07
Total Volume259.4761587587547
Total OI3,361.192,1454,4012,1453,903

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-08-01$318.76$260.0030.4%8.7%63.9%13.3%32.4%6.0%-1.0%599.1K-38.2M-36.0K1.0385.644314441,393752
2025-08-04$322.75$300.0024.7%7.9%63.9%1.6%27.4%3.3%0.2%419.2K-40.7M-36.2K0.6176.252821721,4711,032
2025-08-05$314.78$300.0027.5%7.7%65.4%7.3%27.1%3.6%0.6%394.6K-36.4M-41.8K0.4479.023871701,4731,142
2025-08-06$308.75$300.0029.8%8.0%66.4%12.0%28.0%4.2%-0.8%757.9K-33.7M-56.4K1.1280.021411581,7691,178
2025-08-07$302.18$300.0023.9%8.0%67.4%0.0%25.8%4.0%-0.2%888.3K-31.2M-70.2K0.2881.47238661,8871,215
2025-08-08$282.69$300.0024.3%8.7%70.8%0.8%30.8%4.5%-1.0%632.4K-18.3M-78.4K1.8580.25981812,0301,231
2025-08-11$280.25$300.0029.8%8.2%71.0%12.2%27.2%3.4%-0.1%627.3K-18.6M-90.0K0.1178.83264292,1971,290
2025-08-12$273.22$290.0032.6%8.7%72.0%17.8%29.9%3.7%0.1%561.4K-15.5M-96.7K0.3375.144471462,4061,241
2025-08-13$267.94$280.0029.3%8.4%72.2%11.2%30.7%3.8%0.9%360.3K-13.3M-109.8K0.3280.103691172,6941,288
2025-08-14$265.79$280.0027.7%7.9%71.8%7.8%28.8%3.2%0.9%183.5K-12.6M-120.2K2.3175.84942172,8081,332
2025-08-15$266.04$280.0027.7%7.9%71.5%7.8%28.2%2.9%1.1%307.5K-11.2M-128.9K0.4278.3671302,8741,527
2025-08-18$268.33$280.0027.8%8.0%71.5%8.1%27.8%2.8%0.4%361.8K-12.6M-129.6K0.3177.0436112,2051,068
2025-08-19$269.52$280.0028.5%8.2%71.4%9.4%28.2%1.9%0.3%360.5K-12.8M-128.9K0.8181.4521172,2191,073
2025-08-20$268.50$280.0028.4%8.1%70.9%9.1%33.4%2.2%0.8%359.3K-12.6M-129.3K0.0679.561612,2301,080
2025-08-21$268.89$280.0028.3%8.1%70.9%9.0%27.6%3.5%1.9%343.0K-12.1M-127.0K0.0684.581612,2341,076
2025-08-22$273.34$280.0027.7%7.9%71.1%7.8%26.8%3.0%1.3%423.0K-16.1M-130.0K0.8283.201351112,2301,077
2025-08-25$275.83$280.0026.9%7.7%71.0%6.1%27.2%3.0%0.0%421.6K-17.1M-139.2K0.0086.802402,2971,183
2025-08-26$274.50$280.0027.7%7.9%71.0%7.8%27.8%2.6%1.3%427.1K-16.6M-139.3K2.7583.634112,3071,183
2025-08-27$276.96$280.0027.2%7.8%71.0%6.8%27.2%2.5%1.1%440.4K-18.0M-137.5K0.4183.312292,3041,193
2025-08-28$275.94$280.0026.5%7.6%69.6%5.4%26.7%2.6%-0.1%424.7K-17.0M-136.2K0.0187.2241052,3041,189
2025-08-29$275.56$280.0025.9%7.4%29.9%4.0%30.2%4.7%1.5%543.0K-22.1M-172.7K0.0788.264432,7091,194