APPF Options History — March 2026

In March 2026, APPF traded between $155.26 and $191.31. ATM implied volatility averaged 45.6%, placing in the 44.4% IV rank vs the trailing year. The 30-day expected move averaged 13.0%. IV traded above realized volatility by 2.2% (HV 20d: 43.4%). Max pain ranged from $170.00 to $195.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 1.80.

Notable Days

  • 2026-03-05: Highest Volume — 172 contracts
  • 2026-03-09: Largest IV spike — 7.4% change
  • 2026-03-30: Highest IV Rank — 51.4%
  • 2026-03-12: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$172.52$155.26$191.31$180.37$158.06
Max Pain$185.45$170.00$195.00$170.00$180.00
ATM IV45.6%42.5%49.0%45.4%46.4%
Expected Move13.0%11.9%14.1%13.0%13.3%
HV 20d43.4%24.8%55.9%54.1%24.8%
HV 60d44.1%42.8%44.8%42.8%44.8%
IV Rank44.4%38.1%51.4%44.0%46.1%
IV Percentile72.2%63.5%79.0%73.4%73.0%
Term Structure7.2%-2.3%11.3%-2.3%9.6%
VWIV45.9%33.4%54.4%44.9%49.2%
Skew 25d5.7%3.8%7.3%5.9%6.4%
Skew 10d11.1%1.5%32.0%8.1%13.7%
Call IV 25d43.7%39.1%48.3%43.9%45.2%
Put IV 25d49.4%45.0%53.9%49.7%51.7%
Bid-Ask Spread %44.0323.4677.2471.3424.27
Gamma HHI0.260.180.320.290.28
Net GEX440.3K245.8K583.7K443.5K264.2K
Net DEX-9.4M-19.2M-2.3M-11.6M-2.8M
Net VEX-76.3K-100.2K-51.1K-92.4K-53.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.800.008.090.250.09
Total Volume34.27311723524
Total OI3,242.2732,9873,3893,1813,163

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-03-02$180.37$170.0045.4%13.0%54.1%44.0%44.9%5.9%-2.3%443.5K-11.6M-92.4K0.2571.342872,737444
2026-03-03$188.88$170.0044.3%12.7%55.9%41.7%48.4%7.1%-0.9%521.2K-15.3M-99.3K1.0073.2022222,730441
2026-03-04$188.00$170.0042.9%12.3%52.2%38.8%48.3%4.5%-1.3%517.6K-15.5M-97.5K3.2974.607232,752445
2026-03-05$190.21$195.0042.5%11.9%52.4%38.1%0.0%5.6%8.0%544.7K-15.9M-99.1K0.1377.24152202,754446
2026-03-06$191.31$195.0043.8%12.3%50.7%40.7%48.3%6.4%8.7%583.7K-19.2M-100.2K5.0074.003152,903436
2026-03-09$190.45$195.0047.0%12.8%50.8%47.3%0.0%7.3%7.8%578.9K-18.5M-97.8K6.6771.593202,905443
2026-03-10$185.20$195.0045.8%12.4%51.1%44.8%0.0%5.9%7.4%554.2K-15.8M-93.8K0.6975.031392,906447
2026-03-11$179.94$195.0043.8%12.6%51.3%40.8%0.0%6.2%8.9%527.0K-12.9M-88.8K0.0073.97052,916452
2026-03-12$175.50$195.0046.7%14.1%48.1%46.7%47.8%4.6%7.2%510.8K-11.6M-85.6K1.0027.75662,916457
2026-03-13$172.63$195.0046.5%13.4%48.2%46.2%45.3%3.8%8.4%501.0K-9.9M-80.0K1.3331.61342,921462
2026-03-16$170.42$195.0046.7%13.4%48.0%46.7%54.4%4.5%7.8%512.8K-9.0M-77.9K0.7029.011072,924461
2026-03-17$167.88$195.0045.5%13.1%43.7%44.3%44.7%4.7%7.7%500.1K-7.1M-72.4K0.9128.7811102,924465
2026-03-18$167.84$185.0045.4%13.1%40.1%44.1%0.0%6.2%9.1%528.9K-6.8M-70.2K0.0024.52102,932445
2026-03-19$166.69$185.0045.6%13.2%40.1%44.5%42.9%6.1%8.6%503.4K-6.0M-65.6K0.7830.10972,933445
2026-03-20$164.62$185.0043.2%12.5%39.5%39.6%41.7%4.3%11.3%414.4K-5.7M-65.2K2.6728.229242,941444
2026-03-23$167.20$180.0045.3%12.9%35.5%43.9%43.0%6.8%9.6%327.0K-5.6M-66.8K0.8123.4626212,638349
2026-03-24$161.52$180.0046.7%13.4%37.1%46.7%47.2%5.8%8.7%298.4K-4.1M-58.3K0.9025.0720182,661370
2026-03-25$158.25$180.0045.6%13.3%37.6%44.5%0.0%6.3%9.1%267.7K-3.0M-52.4K0.7526.29432,679371
2026-03-26$159.66$180.0046.3%13.3%31.1%45.9%46.0%5.4%8.5%287.3K-4.1M-58.0K0.4427.1536162,682374
2026-03-27$155.61$180.0048.6%13.9%31.7%50.6%48.3%5.2%8.7%245.8K-2.3M-51.1K2.3327.159212,716383
2026-03-30$155.26$180.0049.0%14.0%30.3%51.4%33.4%5.6%8.5%253.9K-3.0M-52.2K8.0924.4111892,724393
2026-03-31$158.06$180.0046.4%13.3%24.8%46.1%49.2%6.4%9.6%264.2K-2.8M-53.6K0.0924.272222,723440