GOOG Options History — May 2014

In May 2014, GOOG traded between $25.50 and $28.30. ATM implied volatility averaged 18.5%, placing in the 10.8% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded below realized volatility by 16.8% (HV 20d: 35.3%). Max pain ranged from $24.50 to $25.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.65.

Notable Days

  • 2014-05-09: Highest Volume — 684,000 contracts
  • 2014-05-27: Largest IV spike — 7.1% change
  • 2014-05-07: Highest IV Rank — 19.1%
  • 2014-05-01: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.70$25.50$28.30$26.57$27.99
Max Pain$24.98$24.50$25.00$25.00$25.00
ATM IV18.5%16.3%21.0%20.2%17.6%
Expected Move6.7%6.3%7.0%7.0%6.4%
HV 20d35.3%19.6%246.0%246.0%20.3%
HV 60d201.4%201.3%201.6%201.3%201.6%
IV Rank10.8%3.6%19.1%16.3%7.7%
IV Percentile31.4%8.3%52.8%49.6%22.2%
Term Structure0.1%-0.4%1.2%-0.0%-0.2%
VWIV23.5%22.2%25.0%25.0%22.8%
Skew 25d1.9%1.2%2.7%2.4%2.0%
Skew 10d3.5%2.2%5.3%5.1%3.8%
Call IV 25d17.9%15.7%20.2%19.5%17.2%
Put IV 25d19.7%17.1%23.0%21.9%19.2%
Bid-Ask Spread %9.808.2711.3010.3210.05
Gamma HHI0.130.050.680.060.68
Net GEX37.8M-410.0M153.2M97.7M-410.0M
Net DEX-583.2M-1.65B390.6M-438.0M-1.37B
Net VEX-5.3M-6.1M-4.6M-4.9M-6.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.370.830.640.63
Total Volume487,415.238287,980684,000397,460491,520
Total OI2,087,088.5711,704,4402,467,8802,054,5202,271,020

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-05-01$26.57$25.0020.2%7.0%246.0%16.3%25.0%2.4%-0.0%97.7M-438.0M-4.9M0.6410.32242,360155,1001,192,080862,440
2014-05-02$26.40$25.0019.7%7.0%35.8%14.8%24.7%1.7%-0.1%67.0M-265.9M-4.8M0.6510.12322,260208,4601,227,920904,380
2014-05-05$26.39$25.0019.6%6.9%31.8%14.5%24.1%2.5%0.0%36.5M-185.0M-4.8M0.6111.02178,480109,5001,062,640724,320
2014-05-06$25.76$25.0020.2%6.9%32.7%16.4%24.2%2.0%-0.2%-16.8M198.4M-4.6M0.5810.76206,080119,2801,140,560779,720
2014-05-07$25.50$25.0021.0%7.0%30.4%19.1%24.1%2.7%-0.1%-44.9M390.6M-4.6M0.789.73379,380295,7001,209,340827,080
2014-05-08$25.55$25.0020.7%6.9%29.5%17.9%23.5%1.8%0.0%-28.7M252.3M-5.0M0.549.13234,980126,7801,333,200900,220
2014-05-09$25.94$25.0019.8%6.9%26.8%14.9%24.1%2.5%0.2%17.7M-59.2M-5.0M0.719.74400,520283,4801,344,680918,160
2014-05-12$26.50$25.0018.4%6.8%27.2%10.3%23.9%2.1%-0.1%54.9M-444.4M-5.0M0.5710.39336,180191,6201,181,580814,880
2014-05-13$26.65$25.0017.8%6.6%27.3%8.3%23.4%1.8%-0.4%105.0M-639.1M-5.1M0.558.99330,080181,3001,271,140856,760
2014-05-14$26.33$25.0018.1%6.6%27.5%9.5%23.5%1.2%0.4%49.6M-300.2M-5.2M0.378.83387,880143,3001,323,380900,780
2014-05-15$26.00$25.0018.7%6.7%23.9%11.3%22.8%1.6%-0.1%-6.4M3.3M-5.1M0.7211.30311,320223,0001,457,080873,040
2014-05-16$26.03$25.0018.4%6.6%20.2%10.6%23.6%2.1%-0.2%-58.1M-100.6M-5.2M0.6910.39321,700223,3601,550,580917,300
2014-05-19$26.44$25.0017.7%6.6%20.5%8.2%23.5%1.5%0.6%67.7M-447.9M-5.4M0.568.27278,700157,0401,038,720665,720
2014-05-20$26.49$24.5017.8%6.6%20.1%8.4%22.5%1.5%0.9%87.8M-524.8M-5.7M0.758.49282,820211,5801,137,260748,320
2014-05-21$26.95$25.0016.9%6.5%20.2%5.4%23.5%1.7%1.2%138.7M-931.2M-5.9M0.739.43230,860168,7601,190,560804,420
2014-05-22$27.25$25.0016.7%6.4%20.5%4.9%22.6%1.5%0.8%149.3M-1.22B-5.9M0.7310.84328,220238,4201,201,120854,100
2014-05-23$27.64$25.0016.3%6.3%19.6%3.6%22.8%1.4%0.9%153.2M-1.57B-5.8M0.5510.08437,260240,3201,242,400921,940
2014-05-27$28.30$25.0017.5%6.4%20.8%7.4%23.4%2.0%-0.3%114.3M-1.65B-5.7M0.7010.59336,460236,9401,148,800744,260
2014-05-28$28.08$25.0018.0%6.4%20.4%9.1%22.2%1.3%-0.1%113.4M-1.52B-6.0M0.708.60228,220160,8601,235,700851,120
2014-05-29$28.00$25.0017.9%6.4%20.4%8.7%22.6%1.8%-0.2%105.1M-1.42B-6.1M0.838.67161,340134,3001,302,600897,540
2014-05-30$27.99$25.0017.6%6.4%20.3%7.7%22.8%2.0%-0.2%-410.0M-1.37B-6.0M0.6310.05300,660190,8601,328,540942,480