AAPL contracts trading on their own expiration day: share finishing out of the money, six monthly cycles
Answered against 22 years of US equities and 12 years of US options data and published with the query that produced it. This result is stored as of 2026-08-01, from How Risky Is Options Trading? The Mechanics.
| cycle | contract_count | calls_otm_pct | puts_otm_pct |
|---|---|---|---|
| Dec 2025 | 102 | 23.9 | 68.6 |
| Jan 2026 | 93 | 39 | 58.8 |
| Feb 2026 | 87 | 40.7 | 63.6 |
| Mar 2026 | 89 | 49.1 | 62.5 |
| Apr 2026 | 101 | 29.5 | 75 |
| May 2026 | 136 | 20 | 70.6 |
- Rows × columns
- 6 × 4
- Computed
- Completeness
- No missing values
- Source
- US exchange, SIP and OPRA market data
- Licence
- Strasmore terms · free, no signup
What each column holds
| Column | Type | Range | Notes |
|---|---|---|---|
cycle |
text | 6 distinct values (Apr 2026, Dec 2025, Feb 2026…) | |
contract_count |
number | 87 to 136 | count |
calls_otm_pct |
number | 20 to 49.1 | percent |
puts_otm_pct |
number | 58.8 to 75 | percent |
Computed from Strasmore's warehouse of US exchange, SIP and OPRA market data. Equity prices are delayed; options greeks and implied volatility are end-of-day. This result is stored, not recomputed on load — it is exactly the numbers that were returned on , and the query below is what returned them.
Run it yourself
This is the exact query behind the result above. Change a ticker, a date or a column and run it against the warehouse — no account, no key. The no-signup tier is smaller than the one this page was computed on; a query that reaches past it comes back saying which plan runs it.
WITH traded AS (
SELECT toDate(sip_timestamp) AS session_date,
ticker
FROM global_markets.options_trades
WHERE ticker LIKE 'O:AAPL2%'
AND toDate(sip_timestamp) IN ('2025-12-19', '2026-01-16', '2026-02-20', '2026-03-20', '2026-04-17', '2026-05-15')
GROUP BY session_date, ticker
),
expiring AS (
SELECT session_date AS expiration_date,
substring(ticker, 13, 1) AS right_code,
toFloat64OrZero(substring(ticker, 14, 8)) / 1000 AS strike_usd
FROM traded
WHERE toDate(concat('20', substring(ticker, 7, 2), '-', substring(ticker, 9, 2), '-', substring(ticker, 11, 2))) = session_date
),
spot AS (
SELECT toDate(toTimeZone(window_start, 'America/New_York')) AS expiration_date,
argMax(toFloat64(close), window_start) AS closing_price
FROM global_markets.delayed_stocks_minute_aggs
WHERE ticker = 'AAPL'
AND toDate(toTimeZone(window_start, 'America/New_York')) IN ('2025-12-19', '2026-01-16', '2026-02-20', '2026-03-20', '2026-04-17', '2026-05-15')
AND (toHour(toTimeZone(window_start, 'America/New_York')) * 60
+ toMinute(toTimeZone(window_start, 'America/New_York'))) BETWEEN 570 AND 959
GROUP BY expiration_date
)
SELECT formatDateTimeInJodaSyntax(e.expiration_date, 'MMM yyyy') AS cycle,
count() AS contract_count,
round(100 * countIf(e.right_code = 'C' AND e.strike_usd > s.closing_price) / countIf(e.right_code = 'C'), 1) AS calls_otm_pct,
round(100 * countIf(e.right_code = 'P' AND e.strike_usd < s.closing_price) / countIf(e.right_code = 'P'), 1) AS puts_otm_pct
FROM expiring AS e
INNER JOIN spot AS s ON e.expiration_date = s.expiration_date
GROUP BY e.expiration_date
HAVING countIf(e.right_code = 'C') > 0 AND countIf(e.right_code = 'P') > 0
ORDER BY e.expiration_date
このデータをAIアシスタントで使う
このページのデータで、すぐにクエリできる状態で開きます。無料、アカウント不要。