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Moving the strike up costs premium: AAPL calls 30 to 45 days out

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.

as of ranking 6×3read in context →
Moving the strike up costs premium: AAPL calls 30 to 45 days out — 6 rows by 3 columns, computed from US exchange, SIP and OPRA data.
strike_vs_spotcall_premium_pct_of_spotsample_count
5%+ below spot18.661987
2-5% below spot5.79466
at the money3.65645
2-5% above spot2503
5-10% above spot0.92795
10%+ above spot0.142615
Rows × columns
6 × 3
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 Moving the strike up costs premium: AAPL calls 30 to 45 days out, derived from the stored result.
ColumnTypeRangeNotes
strike_vs_spot text 6 distinct values
call_premium_pct_of_spot number 0.14 to 18.66 percent
sample_count number 466 to 2,615 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
    strike_vs_spot,
    round(avg(premium_pct), 2) AS call_premium_pct_of_spot,
    count()                    AS sample_count
FROM
(
    SELECT
        multiIf(strike_ratio < 0.95, '5%+ below spot',
                strike_ratio < 0.98, '2-5% below spot',
                strike_ratio < 1.02, 'at the money',
                strike_ratio < 1.05, '2-5% above spot',
                strike_ratio < 1.10, '5-10% above spot',
                                     '10%+ above spot')            AS strike_vs_spot,
        strike_ratio,
        premium_pct
    FROM
    (
        SELECT
            toFloat64(strike_price)  / toFloat64(underlying_close)       AS strike_ratio,
            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 30 AND 45
          AND underlying_close > 0
    )
)
GROUP BY strike_vs_spot
ORDER BY min(strike_ratio)

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