GOOG Options History — November 2007

In November 2007, GOOG traded between $15.63 and $18.53. ATM implied volatility averaged 35.9%, placing in the 66.2% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded below realized volatility by 2.5% (HV 20d: 38.5%). Max pain ranged from $15.98 to $16.48. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.62.

Notable Days

  • 2007-11-08: Highest Volume — 13,891,520 contracts
  • 2007-11-12: Largest IV spike — 33.9% change
  • 2007-11-12: Highest IV Rank — 100.0%
  • 2007-11-26: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.89$15.63$18.53$17.56$17.31
Max Pain$16.21$15.98$16.48$16.23$16.23
ATM IV35.9%27.5%46.3%30.9%37.9%
Expected Move10.4%7.9%11.7%8.9%10.9%
HV 20d38.5%24.0%45.4%25.1%45.0%
HV 60d27.7%20.7%31.5%21.4%31.4%
IV Rank66.2%39.1%100.0%50.7%72.1%
IV Percentile86.8%60.2%100.0%79.5%90.4%
Term Structure1.0%-0.9%3.1%-0.3%1.5%
VWIV36.6%28.4%40.8%31.3%37.7%
Skew 25d2.9%-1.1%6.2%1.5%5.0%
Skew 10d5.9%-2.0%12.4%3.2%12.4%
Call IV 25d35.3%27.2%40.4%30.5%35.5%
Put IV 25d38.2%29.2%44.0%32.0%40.5%
Bid-Ask Spread %16.309.7823.679.7810.67
Gamma HHI0.070.050.100.090.07
Net GEX185.0M-10.6M360.2M298.9M221.4M
Net DEX-10.35B-20.72B-3.03B-15.41B-11.44B
Net VEX-51.3M-54.7M-45.3M-47.1M-54.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.420.970.520.63
Total Volume6,457,199.0481,893,92013,891,5205,910,0605,363,920
Total OI30,042,52025,139,20035,664,40027,642,00029,230,120

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2007-11-01$17.56$16.2330.9%8.9%25.1%50.7%31.3%1.5%-0.3%298.9M-15.41B-47.1M0.529.783,892,4002,017,66014,879,90012,762,100
2007-11-02$17.76$16.2327.5%7.9%24.4%39.1%28.4%2.0%1.8%342.0M-16.66B-47.3M0.6110.312,911,8601,774,50015,414,92013,100,080
2007-11-05$18.12$15.9831.0%8.8%24.0%51.0%31.5%-0.7%1.2%343.7M-18.53B-46.1M0.4517.045,958,1202,679,28015,578,24013,321,620
2007-11-06$18.53$15.9830.8%8.8%24.4%50.3%31.3%-0.6%1.0%360.2M-20.72B-45.3M0.5015.495,087,4002,532,00016,146,82013,738,760
2007-11-07$18.31$16.2337.4%10.1%25.4%73.1%36.1%-0.5%-0.3%310.6M-18.71B-50.1M0.5717.094,779,6202,732,12016,482,58014,162,900
2007-11-08$17.33$16.2338.9%11.1%33.6%78.2%39.5%-1.1%-0.8%216.0M-12.67B-54.3M0.6423.678,489,9605,401,56017,205,62014,634,780
2007-11-09$16.58$16.4834.6%10.7%37.1%63.4%37.9%1.2%-0.3%98.7M-7.57B-54.4M0.4218.264,950,0202,079,64018,146,64015,145,940
2007-11-12$15.79$16.2346.3%11.3%40.0%100.0%39.4%3.0%-0.9%24.8M-3.03B-50.8M0.7515.065,078,9603,791,42018,788,64015,144,160
2007-11-13$16.50$16.2332.3%10.8%42.7%53.3%38.3%2.5%0.2%130.2M-7.79B-52.7M0.6814.373,610,1202,462,66019,235,26015,165,920
2007-11-14$16.03$16.2333.7%11.2%43.2%58.1%39.1%2.4%0.3%57.3M-4.83B-51.8M0.5616.254,885,4002,743,66019,591,02015,145,980
2007-11-15$15.73$16.2339.8%11.4%43.6%78.2%40.0%2.9%1.0%-10.6M-3.10B-51.3M0.9715.243,321,4803,226,46020,397,50015,266,900
2007-11-16$15.82$16.2339.3%11.3%43.5%76.5%39.4%3.4%1.1%52.7M-4.27B-50.8M0.9617.226,112,8605,846,08020,667,88014,944,080
2007-11-19$15.63$16.2340.1%11.5%43.5%79.4%40.8%3.1%0.4%112.4M-5.03B-50.0M0.6518.431,813,0201,183,58013,947,78011,191,420
2007-11-20$16.20$15.9836.4%10.4%43.3%67.1%37.0%4.2%2.4%146.5M-7.12B-51.5M0.5722.623,691,6802,105,98014,283,86011,420,960
2007-11-21$16.50$16.2336.4%10.4%43.9%67.2%37.1%5.3%3.0%164.0M-8.23B-52.7M0.6916.182,395,5601,651,48014,667,46011,772,200
2007-11-23$16.90$16.2336.2%10.4%44.6%66.5%36.9%4.8%3.1%184.0M-9.74B-53.5M0.4520.301,308,300585,62014,929,44012,135,840
2007-11-26$16.63$16.2340.7%11.7%44.9%81.4%40.8%5.5%1.0%170.4M-8.89B-53.7M0.5719.753,054,4201,744,46015,146,18012,256,840
2007-11-27$16.82$16.2337.8%10.8%45.0%71.7%38.2%4.6%1.9%189.7M-9.68B-53.2M0.6918.183,131,5202,171,68015,459,56012,440,180
2007-11-28$17.29$16.2333.5%9.6%45.4%57.6%34.1%6.2%1.1%231.1M-11.70B-52.5M0.5612.452,895,9801,633,44015,673,02012,542,240
2007-11-29$17.41$16.2333.3%9.5%45.0%56.6%34.1%5.7%2.6%240.8M-12.27B-52.7M0.5913.982,827,9001,677,40015,918,30012,809,280
2007-11-30$17.31$16.2337.9%10.9%45.0%72.1%37.7%5.0%1.5%221.4M-11.44B-54.7M0.6310.673,282,0402,081,88016,077,46013,152,660