APPF Options History — October 2025

In October 2025, APPF traded between $224.57 and $255.73. ATM implied volatility averaged 47.9%, placing in the 49.3% IV rank vs the trailing year. The 30-day expected move averaged 14.7%. IV traded above realized volatility by 11.9% (HV 20d: 36.0%). Max pain ranged from $190.00 to $270.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 0.51.

Notable Days

  • 2025-10-30: Highest Volume — 1,361 contracts
  • 2025-10-31: Largest IV drop — 30.9% change
  • 2025-10-30: Highest IV Rank — 89.5%
  • 2025-10-30: Largest Expected Move — 19.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$238.89$224.57$255.73$254.72$255.73
Max Pain$241.74$190.00$270.00$240.00$190.00
ATM IV47.9%31.4%67.6%32.4%46.7%
Expected Move14.7%9.3%19.4%9.3%13.4%
HV 20d36.0%29.0%40.0%36.3%40.0%
HV 60d44.1%31.0%48.0%47.5%34.7%
IV Rank49.3%15.4%89.5%17.4%46.6%
IV Percentile75.9%26.6%99.6%35.3%77.8%
Term Structure-7.4%-14.9%14.5%12.6%-3.5%
VWIV52.1%31.4%71.4%31.4%45.6%
Skew 25d2.4%-5.6%8.8%-5.6%0.9%
Skew 10d9.2%1.8%19.7%4.9%6.2%
Call IV 25d50.2%32.0%69.2%35.7%47.9%
Put IV 25d52.6%28.7%70.0%30.1%48.8%
Bid-Ask Spread %75.0461.3498.1594.9180.41
Gamma HHI0.170.120.260.140.26
Net GEX528.3K153.3K1.4M663.1K1.4M
Net DEX-7.2M-36.5M4.0M-11.5M-36.5M
Net VEX-127.4K-173.7K-89.7K-131.9K-173.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.032.192.190.15
Total Volume205141,361386861
Total OI3,975.6093,2175,1873,6335,187

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-10-01$254.72$240.0032.4%9.3%36.3%17.4%31.4%-5.6%12.6%663.1K-11.5M-131.9K2.1994.911212652,641992
2025-10-02$252.68$240.0032.8%9.4%35.8%18.3%38.4%-3.3%14.5%507.4K-7.0M-131.5K0.0396.759532,6011,145
2025-10-03$250.31$240.0033.4%9.6%34.5%19.4%33.0%-1.3%11.9%497.1K-6.7M-130.5K0.1698.1574122,6381,122
2025-10-06$243.06$270.0035.1%13.4%35.0%22.9%51.2%2.2%-9.2%437.4K-4.1M-123.2K1.7169.4217292,6741,110
2025-10-07$240.00$270.0036.4%13.9%34.9%25.7%47.8%3.7%-10.3%377.4K-2.3M-115.0K0.2869.721852,6871,092
2025-10-08$234.32$270.0034.0%13.9%35.3%20.6%48.1%1.5%-10.4%323.8K-302.6K-106.9K0.0772.3210772,6961,092
2025-10-09$230.50$270.0031.4%14.0%33.9%15.4%48.8%1.8%-10.7%281.0K746.6K-107.1K0.9173.6423212,7991,084
2025-10-10$224.57$270.0038.9%14.4%34.3%30.7%49.1%2.8%-10.3%204.0K2.9M-97.3K0.2773.7841112,8201,075
2025-10-13$225.66$270.0044.2%14.6%33.9%41.6%50.8%2.4%-10.9%162.2K4.0M-89.7K0.6773.8843292,8291,076
2025-10-14$228.00$270.0047.7%15.0%34.7%48.8%53.8%6.7%-11.3%211.5K1.6M-104.0K0.1070.67123122,8311,098
2025-10-15$227.70$260.0052.9%15.2%34.7%59.4%53.2%4.5%-10.8%153.3K2.1M-102.7K0.7572.93862,8551,103
2025-10-16$225.04$260.0053.1%15.2%33.4%59.9%53.7%5.0%-8.2%161.1K2.6M-100.1K0.3473.0538132,8621,096
2025-10-17$235.81$260.0053.6%15.4%39.1%61.0%56.5%8.8%-7.7%232.1K-3.0M-115.4K0.0771.00179132,8881,067
2025-10-20$239.84$220.0056.2%16.1%39.1%66.2%55.6%2.2%-9.8%317.8K-5.3M-121.4K0.0472.13696252,449768
2025-10-21$239.86$220.0055.4%15.9%39.1%64.5%56.4%5.2%-9.4%733.8K-11.7M-141.8K0.3371.2951173,199790
2025-10-22$238.41$220.0056.3%16.1%39.1%66.4%57.0%1.9%-10.1%735.4K-11.1M-143.1K0.7572.6336273,238801
2025-10-23$239.86$220.0056.6%16.2%39.4%67.0%55.3%5.9%-10.5%766.0K-12.0M-147.0K0.7268.55108783,265826
2025-10-24$242.82$220.0055.5%15.9%39.4%64.7%57.6%4.1%-10.5%822.3K-13.9M-153.1K0.5577.271163,294862
2025-10-27$246.22$220.0058.9%16.9%39.7%71.7%58.7%3.0%-12.5%870.8K-16.2M-154.8K0.2773.611543,301867
2025-10-28$244.18$220.0060.0%17.2%39.4%73.9%59.9%2.7%-13.9%860.6K-14.4M-150.0K0.4369.8230133,303876
2025-10-29$237.87$220.0063.7%18.3%29.1%81.6%65.2%-1.6%-14.7%737.9K-11.5M-143.7K0.1968.6753103,320881
2025-10-30$237.29$220.0067.6%19.4%29.0%89.5%71.4%0.8%-14.9%743.1K-12.8M-146.5K0.8161.347506113,353886
2025-10-31$255.73$190.0046.7%13.4%40.0%46.6%45.6%0.9%-3.5%1.4M-36.5M-173.7K0.1580.417481134,0541,133