GOOG Options History — October 2008

In October 2008, GOOG traded between $8.22 and $10.28. ATM implied volatility averaged 88.0%, placing in the 61.2% IV rank vs the trailing year. The 30-day expected move averaged 20.4%. IV traded above realized volatility by 5.9% (HV 20d: 82.0%). Max pain ranged from $8.99 to $10.74. Net GEX was positive for 3 of 23 trading days. Term structure was in contango for 0 of 23 days. Put/call ratio averaged 1.00.

Notable Days

  • 2008-10-17: Highest Volume — 7,772,320 contracts
  • 2008-10-16: Largest IV drop — 47.1% change
  • 2008-10-02: Highest IV Rank — 100.0%
  • 2008-10-16: Largest Expected Move — 25.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.99$8.22$10.28$10.28$8.98
Max Pain$9.57$8.99$10.74$10.74$8.99
ATM IV88.0%54.1%167.4%68.7%62.4%
Expected Move20.4%15.5%25.4%19.7%17.9%
HV 20d82.0%68.8%90.2%68.8%86.8%
HV 60d57.9%50.2%65.4%50.2%65.0%
IV Rank61.2%21.3%100.0%77.8%27.1%
IV Percentile96.6%90.5%100.0%99.2%92.5%
Term Structure-6.3%-19.0%-0.3%-15.2%-1.9%
VWIV71.3%55.1%89.2%70.6%63.0%
Skew 25d16.1%10.8%24.4%11.7%19.5%
Skew 10d30.6%21.0%40.3%21.5%35.7%
Call IV 25d62.8%47.4%77.8%62.9%53.2%
Put IV 25d79.0%61.2%98.3%74.5%72.7%
Bid-Ask Spread %17.7110.7823.8316.6719.13
Gamma HHI0.050.030.360.040.04
Net GEX-7.3M-19.1M48.4M3.7M-6.7M
Net DEX1.85B1.08B2.71B1.08B1.46B
Net VEX-18.6M-22.9M-15.2M-22.9M-17.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.671.291.290.91
Total Volume2,600,346.9571,252,9807,772,3201,960,1601,500,020
Total OI19,208,976.52217,196,58023,547,48017,597,30019,449,740

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2008-10-01$10.28$10.7468.7%19.7%68.8%77.8%70.6%11.7%-15.2%3.7M1.08B-22.9M1.2916.67857,8201,102,34010,576,0807,021,220
2008-10-02$9.75$10.7484.2%24.1%70.3%100.0%83.4%12.2%-19.0%-4.4M1.51B-22.8M0.8614.681,054,900904,58010,842,2807,348,420
2008-10-03$9.66$10.7481.5%23.4%70.3%95.6%80.2%13.3%-18.1%-7.3M1.72B-22.0M0.7916.841,145,620902,86011,082,5207,494,600
2008-10-06$9.27$10.2497.1%19.2%69.1%100.0%66.3%12.8%-5.4%-15.3M2.22B-20.3M1.2010.781,375,7401,652,42011,229,7007,678,280
2008-10-07$8.64$9.99111.9%21.3%72.7%100.0%73.2%12.2%-6.7%-19.1M2.67B-18.1M0.9412.571,467,9801,386,98011,488,1607,743,380
2008-10-08$8.44$9.99119.5%23.4%72.9%100.0%81.1%15.2%-7.6%-16.0M2.67B-17.9M1.2012.671,481,3201,774,06011,829,2607,772,880
2008-10-09$8.22$9.74127.5%24.9%69.9%100.0%85.9%16.3%-8.1%-16.2M2.71B-17.7M1.0714.86876,600934,86012,043,4007,936,320
2008-10-10$8.29$9.74121.6%23.9%69.9%94.3%82.8%15.8%-8.1%-15.7M2.60B-18.3M1.0318.601,264,5401,306,54012,111,5407,924,480
2008-10-13$9.52$9.49118.4%19.7%88.3%91.2%72.1%16.6%-4.1%3.1M1.36B-21.2M0.8113.801,673,6401,360,00012,261,5607,971,360
2008-10-14$9.06$9.49143.5%21.0%88.9%100.0%73.5%15.0%-6.2%-10.4M1.98B-19.3M1.0212.631,380,3401,413,10012,379,6008,178,540
2008-10-15$8.47$9.49167.4%23.7%89.0%100.0%82.4%15.3%-6.5%-18.8M2.49B-17.9M1.0915.661,225,8201,335,94012,574,0808,375,600
2008-10-16$8.82$9.4988.5%25.4%87.4%45.2%89.2%24.4%-10.9%-9.4M2.02B-19.0M0.9423.833,974,7803,717,60012,814,6808,593,100
2008-10-17$9.30$9.2463.9%18.3%89.6%28.1%64.7%14.5%-2.2%48.4M1.26B-19.2M1.2522.493,449,9604,322,36013,716,6609,830,820
2008-10-20$9.47$9.2454.1%15.5%89.2%21.3%55.1%13.7%-0.3%-5.1M1.38B-18.5M0.8422.96987,340830,0209,927,5207,269,060
2008-10-21$9.06$9.2457.3%16.4%90.2%23.6%55.7%10.8%-1.6%-10.5M1.67B-17.3M0.9020.45674,960610,16010,150,6607,376,760
2008-10-22$8.88$9.2459.7%17.1%89.9%25.2%60.5%13.9%-1.6%-12.3M1.77B-17.0M0.8522.22814,220690,24010,292,0807,466,020
2008-10-23$8.80$9.2466.3%19.0%89.6%29.8%66.9%18.4%-1.6%-11.3M1.76B-17.3M1.2714.08842,6401,073,20010,475,4607,517,600
2008-10-24$8.47$8.9968.6%19.7%90.1%31.4%70.6%21.2%-3.1%-13.4M2.00B-16.7M1.1720.19769,800896,98010,612,2007,609,400
2008-10-27$8.23$8.9971.7%20.6%80.3%33.6%70.7%19.9%-5.5%-16.4M2.19B-15.2M1.0322.84618,100634,88010,771,8407,582,380
2008-10-28$9.21$8.9960.6%17.4%88.8%25.8%63.1%19.8%-3.2%-3.8M1.27B-17.4M0.6717.181,181,620792,76010,945,2207,573,480
2008-10-29$8.94$8.9962.3%17.8%88.4%27.0%62.0%18.3%-3.2%-7.3M1.48B-16.8M0.7820.531,070,740831,00011,138,1607,695,160
2008-10-30$8.98$8.9967.1%19.2%86.8%30.4%67.5%19.8%-4.3%-4.2M1.37B-17.5M1.1221.72776,260870,34011,304,5407,830,660
2008-10-31$8.98$8.9962.4%17.9%86.8%27.1%63.0%19.5%-1.9%-6.7M1.46B-17.0M0.9119.13785,420714,60011,439,2208,010,520