What extra time is worth: at-the-money AAPL call premium by days to expiry
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 2026-08-07, from How to Roll an Option Position: Up and Out.
| dte_bucket | call_premium_pct_of_spot | sample_count |
|---|---|---|
| 1-7 days | 1.32 | 1630 |
| 8-14 days | 2.01 | 1487 |
| 15-30 days | 2.76 | 1047 |
| 31-60 days | 3.88 | 784 |
| 61-90 days | 5.34 | 265 |
| 91-180 days | 7.37 | 842 |
- Rows × columns
- 6 × 3
- 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 |
|---|---|---|---|
dte_bucket |
text | 6 distinct values (1-7 days, 15-30 days, 31-60 days…) | |
call_premium_pct_of_spot |
number | 1.32 to 7.37 | percent |
sample_count |
number | 265 to 1,630 | count |
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
SELECT
dte_bucket,
round(avg(premium_pct), 2) AS call_premium_pct_of_spot,
count() AS sample_count
FROM
(
SELECT
multiIf(days_to_expiry <= 7, '1-7 days',
days_to_expiry <= 14, '8-14 days',
days_to_expiry <= 30, '15-30 days',
days_to_expiry <= 60, '31-60 days',
days_to_expiry <= 90, '61-90 days',
'91-180 days') AS dte_bucket,
days_to_expiry AS dte,
toFloat64(option_close) / toFloat64(underlying_close) * 100 AS premium_pct
FROM global_markets.options_greeks
WHERE underlying_symbol = 'AAPL'
AND lower(option_type) IN ('call', 'c')
AND iv_converged = 1
AND volume > 0
AND date >= '2026-02-01'
AND date < '2026-08-01'
AND days_to_expiry BETWEEN 1 AND 180
AND underlying_close > 0
AND abs(toFloat64(strike_price) / toFloat64(underlying_close) - 1) < 0.02
)
GROUP BY dte_bucket
ORDER BY min(dte)
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