GOOG Options History — March 2014

In March 2014, GOOG traded between $28.27 and $56.01. ATM implied volatility averaged 23.8%, placing in the 47.7% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded below realized volatility by 22.1% (HV 20d: 46.0%). Max pain ranged from $26.22 to $52.50. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.78.

Notable Days

2014-03-14: Highest Volume — 3,899,180 contracts
2014-03-24: Largest IV spike — 19.2% change
2014-03-27: Highest IV Rank — 95.9%
2014-03-25: Largest Expected Move — 7.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$33.52	$28.27	$56.01	$30.04	$55.73
Max Pain	$29.98	$26.22	$52.50	$26.22	$52.50
ATM IV	23.8%	17.8%	33.0%	19.2%	31.5%
Expected Move	7.2%	6.8%	7.6%	6.8%	7.4%
HV 20d	46.0%	9.6%	242.8%	19.3%	242.6%
HV 60d	37.7%	20.1%	140.7%	20.2%	140.6%
IV Rank	47.7%	16.7%	95.9%	24.1%	87.9%
IV Percentile	63.8%	28.2%	99.6%	44.0%	97.2%
Term Structure	1.3%	-1.6%	4.1%	0.0%	-1.6%
VWIV	25.3%	23.9%	27.6%	24.3%	25.9%
Skew 25d	1.7%	0.2%	2.9%	2.5%	0.5%
Skew 10d	3.2%	-0.9%	5.8%	5.2%	0.6%
Call IV 25d	23.3%	16.9%	33.5%	18.6%	31.2%
Put IV 25d	25.0%	18.8%	34.1%	21.1%	31.8%
Bid-Ask Spread %	7.11	5.48	8.91	7.81	6.02
Gamma HHI	0.08	0.03	0.16	0.09	0.04
Net GEX	253.4M	-210.1M	854.0M	226.9M	-29.2M
Net DEX	-4.74B	-8.69B	1.51B	-6.18B	-456.0M
Net VEX	-39.2M	-42.4M	-36.3M	-36.3M	-40.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.78	0.59	1.04	0.85	0.81
Total Volume	2,338,029.524	799,620	3,899,180	2,357,640	799,620
Total OI	10,890,767.619	5,017,940	13,392,460	10,151,580	5,017,940

Daily Data (21 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
2014-03-03	$30.04	$26.22	19.2%	6.8%	19.3%	24.1%	24.3%	2.5%	0.0%	226.9M	-6.18B	-36.3M	0.85	7.81	1,274,200	1,083,440	5,286,760	4,864,820
2014-03-04	$30.34	$26.22	18.1%	6.8%	11.6%	18.2%	23.9%	2.1%	0.2%	513.3M	-7.88B	-36.5M	0.81	8.17	886,520	713,760	5,781,500	5,254,920
2014-03-05	$30.43	$26.22	18.3%	6.8%	11.6%	19.7%	24.3%	1.8%	0.2%	670.4M	-8.35B	-36.3M	0.64	8.32	1,113,000	710,180	5,998,680	5,460,460
2014-03-06	$30.46	$26.22	17.8%	6.8%	11.6%	16.7%	24.6%	1.4%	0.4%	854.0M	-8.69B	-36.7M	0.78	8.88	941,420	731,020	6,241,040	5,714,620
2014-03-07	$30.34	$26.22	17.9%	6.8%	11.0%	17.6%	24.1%	1.6%	-0.1%	449.3M	-7.72B	-36.8M	0.70	8.91	1,714,520	1,208,040	6,344,980	5,895,840
2014-03-10	$30.26	$26.22	18.0%	6.8%	10.1%	17.7%	24.0%	2.7%	4.1%	432.3M	-7.20B	-36.4M	0.92	7.46	814,740	751,280	5,726,440	5,113,260
2014-03-11	$29.97	$26.22	19.2%	6.9%	10.7%	23.9%	24.5%	1.3%	3.4%	234.1M	-5.86B	-37.3M	0.75	7.28	1,158,880	869,340	5,981,180	5,394,860
2014-03-12	$30.15	$26.22	18.6%	6.9%	9.6%	21.1%	24.3%	2.6%	4.0%	405.7M	-6.77B	-38.3M	0.75	6.40	1,592,440	1,196,160	6,310,500	5,687,440
2014-03-13	$29.70	$26.22	21.5%	7.1%	11.1%	35.9%	25.1%	1.6%	3.7%	-32.0M	-4.51B	-39.5M	0.79	6.19	1,725,920	1,362,760	6,621,780	5,926,480
2014-03-14	$29.29	$26.22	22.9%	7.2%	11.4%	41.1%	25.9%	1.9%	3.6%	-210.1M	-2.42B	-40.2M	1.04	6.28	1,914,360	1,984,820	6,968,440	6,180,140
2014-03-17	$29.77	$26.22	22.8%	7.2%	12.9%	40.8%	25.4%	2.9%	2.9%	302.7M	-5.69B	-40.5M	0.68	7.40	1,274,240	863,140	6,191,060	5,653,400
2014-03-18	$30.25	$26.22	23.0%	7.2%	14.0%	41.8%	25.3%	2.6%	2.8%	804.8M	-8.46B	-40.4M	0.61	7.88	1,711,260	1,047,600	6,527,360	5,811,200
2014-03-19	$29.95	$26.22	23.9%	7.2%	14.2%	46.6%	25.8%	2.5%	3.0%	626.6M	-6.82B	-40.9M	0.70	7.41	1,100,220	774,660	6,981,660	5,997,280
2014-03-20	$29.90	$26.22	23.8%	7.2%	14.2%	46.4%	25.0%	2.2%	3.0%	586.5M	-6.25B	-39.9M	0.78	7.95	1,219,100	950,140	7,044,080	5,988,020
2014-03-21	$29.55	$26.22	25.3%	7.3%	14.8%	54.5%	25.2%	1.8%	2.8%	-173.9M	-4.04B	-39.1M	0.97	7.13	1,820,020	1,756,480	7,233,980	6,158,480
2014-03-24	$28.92	$26.22	30.2%	7.6%	16.1%	80.7%	26.7%	1.7%	-0.8%	-14.4M	-1.87B	-40.0M	0.68	6.07	1,788,820	1,224,100	5,188,300	4,192,900
2014-03-25	$28.94	$26.22	31.3%	7.6%	15.9%	86.7%	27.6%	1.1%	-0.8%	45.2M	-2.29B	-42.4M	0.59	5.48	1,567,720	926,840	5,859,980	4,572,640
2014-03-26	$28.27	$26.22	32.3%	7.6%	17.5%	92.0%	26.9%	0.2%	-1.2%	-109.4M	-231.3M	-41.7M	0.81	6.43	1,579,020	1,283,680	6,389,860	4,854,440
2014-03-27	$55.71	$52.50	33.0%	7.5%	242.8%	95.9%	26.8%	0.6%	-1.3%	-200.5M	1.51B	-41.5M	0.81	5.58	1,105,800	897,940	3,385,620	2,589,900
2014-03-28	$56.01	$52.50	32.3%	7.4%	242.7%	92.1%	26.3%	0.5%	-1.5%	-59.9M	553.9M	-41.9M	1.00	6.24	829,760	831,660	3,655,680	2,658,200
2014-03-31	$55.73	$52.50	31.5%	7.4%	242.6%	87.9%	25.9%	0.5%	-1.6%	-29.2M	-456.0M	-40.5M	0.81	6.02	442,320	357,300	2,777,440	2,240,500