GOOG Options History — March 2010

In March 2010, GOOG traded between $13.30 and $14.51. ATM implied volatility averaged 25.4%, placing in the 14.5% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 6.5% (HV 20d: 18.9%). Max pain ranged from $13.24 to $13.74. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 0.59.

Notable Days

2010-03-11: Highest Volume — 6,727,480 contracts
2010-03-11: Largest IV spike — 32.4% change
2010-03-31: Highest IV Rank — 27.4%
2010-03-31: Largest Expected Move — 9.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$14.01	$13.30	$14.51	$13.30	$14.16
Max Pain	$13.60	$13.24	$13.74	$13.49	$13.74
ATM IV	25.4%	17.3%	32.2%	19.0%	32.2%
Expected Move	7.6%	5.2%	9.2%	5.4%	9.2%
HV 20d	18.9%	15.0%	21.1%	16.7%	20.0%
HV 60d	21.8%	20.0%	22.6%	20.0%	22.4%
IV Rank	14.5%	0.0%	27.4%	0.3%	27.4%
IV Percentile	41.3%	0.0%	71.4%	0.8%	71.4%
Term Structure	-2.2%	-6.1%	4.3%	3.4%	-6.1%
VWIV	26.7%	18.3%	32.3%	19.2%	32.3%
Skew 25d	1.0%	-0.7%	2.7%	2.7%	-0.7%
Skew 10d	1.9%	-1.3%	5.6%	5.6%	-1.2%
Call IV 25d	26.2%	16.9%	32.7%	17.8%	32.7%
Put IV 25d	27.2%	19.2%	32.0%	20.4%	32.0%
Bid-Ask Spread %	11.43	5.02	15.70	8.38	11.33
Gamma HHI	0.13	0.07	0.39	0.08	0.09
Net GEX	151.2M	-136.1M	373.8M	13.8M	146.3M
Net DEX	-2.20B	-4.65B	132.8M	132.8M	-2.25B
Net VEX	-22.2M	-24.4M	-19.0M	-19.0M	-24.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.59	0.40	1.16	0.43	0.79
Total Volume	2,881,113.043	890,620	6,727,480	1,245,040	1,205,260
Total OI	15,080,024.348	10,467,460	18,677,780	13,796,220	14,147,240

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2010-03-01	$13.30	$13.49	19.0%	5.4%	16.7%	0.3%	19.2%	2.7%	3.4%	13.8M	132.8M	-19.0M	0.43	8.38	869,420	375,620	7,761,560	6,034,660
2010-03-02	$13.51	$13.49	18.8%	5.4%	17.5%	0.0%	19.2%	2.5%	2.8%	73.1M	-641.2M	-19.9M	0.44	5.02	1,788,100	778,340	8,001,400	6,134,600
2010-03-03	$13.62	$13.49	18.1%	5.2%	17.6%	0.0%	18.9%	2.3%	3.8%	101.9M	-1.07B	-20.4M	0.49	7.87	1,082,840	534,740	8,334,600	6,274,860
2010-03-04	$13.85	$13.49	18.0%	5.2%	17.4%	0.0%	18.3%	2.2%	4.3%	166.7M	-1.96B	-21.6M	0.45	7.62	1,924,640	875,280	8,502,740	6,329,240
2010-03-05	$14.09	$13.24	17.7%	6.5%	15.0%	0.0%	23.2%	1.5%	-0.6%	221.9M	-2.97B	-21.2M	0.43	13.28	3,321,960	1,432,840	8,596,420	6,398,240
2010-03-08	$14.05	$13.24	17.8%	6.6%	15.0%	0.2%	23.1%	1.6%	-0.7%	242.1M	-2.79B	-21.0M	0.44	14.01	1,518,600	671,160	9,091,080	6,596,220
2010-03-09	$13.99	$13.24	17.3%	6.6%	15.2%	0.0%	23.6%	1.5%	-0.7%	194.8M	-2.40B	-21.3M	0.57	14.48	1,089,360	623,620	9,112,420	6,699,820
2010-03-10	$14.40	$13.24	21.1%	7.7%	17.8%	7.0%	27.1%	1.5%	-3.0%	300.6M	-4.29B	-22.4M	0.45	11.16	3,798,920	1,713,960	9,258,320	6,788,100
2010-03-11	$14.51	$13.49	27.9%	8.0%	17.6%	19.6%	28.0%	0.9%	-3.2%	325.5M	-4.64B	-23.4M	0.47	9.78	4,588,380	2,139,100	9,642,880	6,975,440
2010-03-12	$14.47	$13.74	27.7%	7.9%	17.8%	19.0%	28.0%	0.8%	-3.3%	373.8M	-4.65B	-23.6M	0.48	10.47	2,211,680	1,051,180	10,466,060	7,543,940
2010-03-15	$14.07	$13.74	29.0%	8.3%	21.0%	21.5%	29.2%	1.3%	-4.6%	119.6M	-2.15B	-22.1M	0.72	12.64	3,206,480	2,324,800	10,247,160	7,371,880
2010-03-16	$14.12	$13.74	28.4%	8.2%	20.5%	20.5%	28.7%	1.4%	-4.4%	197.4M	-2.63B	-23.1M	0.40	10.97	1,628,700	648,600	10,702,900	7,527,640
2010-03-17	$14.12	$13.74	27.7%	7.9%	20.3%	19.0%	27.9%	1.1%	-3.7%	191.4M	-2.61B	-22.5M	0.41	9.90	2,201,400	905,820	10,716,540	7,628,660
2010-03-18	$14.15	$13.74	27.3%	7.8%	20.1%	18.4%	27.5%	1.2%	-3.4%	210.9M	-2.58B	-22.4M	1.16	11.50	1,058,740	1,229,740	10,811,280	7,665,100
2010-03-19	$13.99	$13.74	27.3%	7.8%	20.6%	18.4%	27.5%	1.7%	-3.5%	-136.1M	-1.76B	-21.4M	1.06	12.95	2,293,780	2,424,420	10,950,980	7,726,800
2010-03-22	$13.92	$13.74	28.7%	8.2%	20.7%	21.0%	29.1%	0.9%	-4.0%	70.9M	-1.19B	-21.0M	0.86	15.70	1,195,600	1,026,260	5,970,560	4,496,900
2010-03-23	$13.71	$13.74	29.9%	8.6%	20.8%	23.2%	30.1%	0.5%	-4.3%	54.4M	-744.2M	-21.4M	0.57	12.56	1,824,620	1,041,960	6,358,120	4,814,440
2010-03-24	$13.92	$13.74	30.1%	8.6%	21.1%	23.4%	30.5%	-0.3%	-4.1%	91.7M	-1.43B	-22.7M	0.54	12.08	2,038,280	1,091,180	6,816,200	5,095,700
2010-03-25	$14.06	$13.74	29.8%	8.6%	20.8%	23.1%	30.3%	-0.5%	-3.5%	121.8M	-1.91B	-24.0M	0.54	10.55	1,800,840	964,600	7,288,640	5,303,420
2010-03-26	$14.05	$13.74	29.4%	8.4%	20.8%	22.2%	30.0%	-0.4%	-3.2%	122.5M	-1.86B	-24.4M	0.72	12.02	1,073,840	775,140	7,468,780	5,446,240
2010-03-29	$14.05	$13.74	30.4%	8.7%	20.6%	24.1%	30.9%	-0.2%	-4.1%	126.6M	-1.88B	-24.0M	0.67	14.64	534,220	356,400	7,877,340	5,888,000
2010-03-30	$14.15	$13.74	30.8%	8.8%	20.1%	24.7%	31.0%	-0.6%	-4.9%	146.0M	-2.21B	-23.9M	0.58	13.88	648,280	376,900	7,986,540	5,990,900
2010-03-31	$14.16	$13.74	32.2%	9.2%	20.0%	27.4%	32.3%	-0.7%	-6.1%	146.3M	-2.25B	-24.0M	0.79	11.33	673,280	531,980	8,075,220	6,072,020