APA Corp (APA) Options Statistics & Positioning

APA Corp (APA) options trade at a 30-day at-the-money implied volatility of 44.3%, an IV rank of 0 out of 100 over the past year. The options market prices a ±$3.30 (±7.7%) move in APA for the front expiration. Max pain sits at $25 and the put/call open interest ratio is 0.26. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$42.97

52-week range

$21.66 – $44.40

ATM IV (30d)

44.3%

IV rank

0 / 100

Low

Expected move

±$3.30 (±7.7%)

Put/call OI

0.26

Call-heavy

Max pain

$25

↓ 41.8% below close

Next earnings

Nov 4, 2026

Most Active APA Contracts

Contract	Expiration	DTE	Last	IV	Volume
APA $50 call	Sep 18, 2026	25d	$0.24	—	1,205
APA $42.5 call	Sep 18, 2026	25d	$2.19	42.0%	355
APA $40 put	Sep 25, 2026	32d	$1.04	—	352
APA $45 call	Aug 28, 2026	4d	$0.20	45.1%	209
APA $37.5 put	Sep 18, 2026	25d	$0.33	—	206

See all active APA contracts →

Explore APA Options Statistics

APA Implied Volatility

44.3% ATM IV (30d)

An IV rank of 0 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

APA Open Interest

0.26 put/call OI ratio

141,916 calls and 37,233 puts outstanding across all expirations.

Full open interest analysis →

APA Max Pain

$25 max pain

41.8% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

APA Gamma Exposure

$67.82M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

APA Options Volume

6,012 contracts traded

Put/call volume ratio 0.55 — plus contracts running far above their usual volume.

Full volume & flow analysis →

APA Most Active Options

$50 top volume strike

The 25 most actively traded APA contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

APA's next expected earnings date is Nov 4, 2026. Options currently price a ±$3.30 (±7.7%) move for the front expiration.

Explore the payoff profile of option on APA for free

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APA Options FAQ

When is APA's next earnings date?

APA's next expected earnings date is Nov 4, 2026. Options currently price a ±$3.30 (±7.7%) move for the front expiration.

How often is APA options data on this page updated?

All APA statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see APA max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated APA pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.