STRASMORE/EXPLORE 2,170 QUERIES

One AAPL call through its final month: closing premium split into intrinsic value and time value

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.

as of series 23×5read in context →
One AAPL call through its final month: closing premium split into intrinsic value and time value — 23 rows by 5 columns, computed from US exchange, SIP and OPRA data.
datecontract_labelpremium_usdintrinsic_usdtime_value_usd
2026-04-15$300 strike0.8500.85
2026-04-16$300 strike0.5300.53
2026-04-17$300 strike0.8500.85
2026-04-20$300 strike1.0601.06
2026-04-21$300 strike0.5400.54
2026-04-22$300 strike0.9100.91
2026-04-23$300 strike0.7600.76
2026-04-24$300 strike0.6500.65
2026-04-27$300 strike0.4200.42
2026-04-28$300 strike0.4700.47
2026-04-29$300 strike0.4900.49
2026-04-30$300 strike0.7300.73
2026-05-01$300 strike0.4800.48
2026-05-04$300 strike0.1700.17
2026-05-05$300 strike0.4900.49
2026-05-06$300 strike0.7300.73
2026-05-07$300 strike0.600.6
2026-05-08$300 strike1.501.5
2026-05-11$300 strike0.9100.91
2026-05-12$300 strike1.0501.05
2026-05-13$300 strike2.1802.18
2026-05-14$300 strike1.1701.17
2026-05-15$300 strike0.450.250.2
Rows × columns
23 × 5
Period covered
to
Computed
Completeness
No missing values
Source
US exchange, SIP and OPRA market data
Licence
Strasmore terms · free, no signup
Formats
JSON · CSV · the SQL below

What each column holds

Column definitions for One AAPL call through its final month: closing premium split into intrinsic value and time value, derived from the stored result.
ColumnTypeRangeNotes
date date 2026-04-15 to 2026-05-15
contract_label text 1 distinct value ($300 strike)
premium_usd number 0.17 to 2.18 US dollars
intrinsic_usd number 0 to 0.25 US dollars
time_value_usd number 0.17 to 2.18 US dollars

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.

the exact SQL behind every number
WITH busiest AS (
    SELECT ticker
    FROM global_markets.options_trades
    WHERE ticker LIKE 'O:AAPL260515C%'
      AND toDate(sip_timestamp) BETWEEN toDate('2026-04-15') AND toDate('2026-05-15')
    GROUP BY ticker
    ORDER BY count() DESC
    LIMIT 1
),
contract AS (
    SELECT toFloat64OrZero(substring(ticker, 14, 8)) / 1000 AS strike_usd,
           concat('$', toString(round(toFloat64OrZero(substring(ticker, 14, 8)) / 1000, 2)), ' strike') AS contract_label
    FROM busiest
),
premium AS (
    SELECT toDate(sip_timestamp) AS date,
           round(argMax(toFloat64(price), sip_timestamp), 2) AS premium_usd
    FROM global_markets.options_trades
    WHERE ticker IN (SELECT ticker FROM busiest)
      AND toDate(sip_timestamp) BETWEEN toDate('2026-04-15') AND toDate('2026-05-15')
    GROUP BY date
),
spot AS (
    SELECT toDate(toTimeZone(window_start, 'America/New_York')) AS date,
           argMax(toFloat64(close), window_start) AS stock_close
    FROM global_markets.delayed_stocks_minute_aggs
    WHERE ticker = 'AAPL'
      AND toDate(toTimeZone(window_start, 'America/New_York')) BETWEEN toDate('2026-04-15') AND toDate('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 date
)
SELECT p.date AS date,
       c.contract_label AS contract_label,
       p.premium_usd AS premium_usd,
       round(greatest(s.stock_close - c.strike_usd, 0), 2) AS intrinsic_usd,
       round(p.premium_usd - greatest(s.stock_close - c.strike_usd, 0), 2) AS time_value_usd
FROM premium AS p
INNER JOIN spot AS s ON p.date = s.date
CROSS JOIN contract AS c
ORDER BY date

Run your own version of this

The same 22 years of US equities and 12 years of options data are queryable in SQL or plain English. A free account runs 100 queries a day and takes no card.

More from this analysisHow Risky Is Options Trading? The Mechanics
Same AAPL call, same window: session moves for the contract and for the stock series 23×3 Weekend gaps: prior close to next open, six widely held names, August 2024 to July 2026 table 6×5 AAPL contracts trading on their own expiration day: share finishing out of the money, six monthly cycles ranking 6×4 AAPL's final half hour on its tightest monthly expiration close since 2025 series 30×5 How far the Friday close lands from the nearest whole dollar ranking 10×3 One fixed short AAPL call strike: requirement as a percent of the share price, April to June 2026 series 62×4 See all 2,170 queries →