GOOG Options History — February 2016

In February 2016, GOOG traded between $33.97 and $38.34. ATM implied volatility averaged 29.8%, placing in the 58.7% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded below realized volatility by 6.1% (HV 20d: 35.9%). Max pain ranged from $35.50 to $37.38. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.65.

Notable Days

2016-02-02: Highest Volume — 1,742,120 contracts
2016-02-02: Largest IV drop — 31.9% change
2016-02-01: Highest IV Rank — 91.3%
2016-02-01: Largest Expected Move — 12.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$35.14	$33.97	$38.34	$37.50	$34.99
Max Pain	$35.92	$35.50	$37.38	$36.75	$35.50
ATM IV	29.8%	23.2%	38.5%	38.5%	23.2%
Expected Move	8.7%	6.7%	12.8%	12.8%	6.9%
HV 20d	35.9%	30.8%	40.1%	32.9%	30.8%
HV 60d	27.8%	24.3%	28.5%	24.3%	27.5%
IV Rank	58.7%	34.0%	91.3%	91.3%	34.0%
IV Percentile	73.9%	49.2%	94.8%	94.8%	49.2%
Term Structure	-0.4%	-1.4%	0.4%	-1.4%	0.4%
VWIV	29.7%	23.9%	44.3%	44.3%	23.9%
Skew 25d	4.5%	3.0%	5.7%	3.8%	3.7%
Skew 10d	8.2%	3.8%	10.0%	7.1%	6.9%
Call IV 25d	27.5%	21.2%	35.8%	35.8%	21.2%
Put IV 25d	32.0%	24.9%	39.7%	39.6%	24.9%
Bid-Ask Spread %	48.04	39.07	56.33	41.82	53.75
Gamma HHI	0.06	0.03	0.25	0.03	0.05
Net GEX	22.9M	-72.1M	156.7M	52.3M	24.6M
Net DEX	412.4M	-2.14B	2.61B	-1.27B	208.4M
Net VEX	-15.9M	-17.6M	-14.5M	-17.6M	-14.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.65	0.46	0.97	0.67	0.97
Total Volume	859,499	446,300	1,742,120	1,478,400	446,300
Total OI	3,893,006	3,140,060	4,835,720	3,144,100	3,332,700

Daily Data (20 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
2016-02-01	$37.50	$36.75	38.5%	12.8%	32.9%	91.3%	44.3%	3.8%	-1.4%	52.3M	-1.27B	-17.6M	0.67	41.82	887,700	590,700	1,647,740	1,496,360
2016-02-02	$38.34	$36.75	26.2%	7.7%	32.3%	45.4%	27.1%	3.0%	-0.4%	156.7M	-2.14B	-17.6M	0.82	43.85	958,720	783,400	2,067,200	1,786,840
2016-02-03	$36.50	$37.38	29.2%	9.0%	37.0%	56.7%	31.3%	3.5%	-0.1%	-25.9M	434.0M	-17.6M	0.59	50.88	926,860	543,060	2,204,020	2,025,740
2016-02-04	$35.37	$36.25	29.8%	8.4%	38.6%	58.6%	28.5%	4.0%	-0.8%	-72.1M	1.61B	-17.0M	0.60	39.07	787,500	471,580	2,436,680	2,112,880
2016-02-05	$34.07	$36.00	34.9%	9.9%	40.1%	78.0%	33.4%	3.8%	-0.3%	-48.9M	2.61B	-16.4M	0.66	43.86	963,720	634,580	2,654,020	2,181,700
2016-02-08	$34.13	$36.00	36.2%	10.1%	39.6%	82.8%	35.2%	5.7%	-0.9%	-17.1M	1.45B	-16.8M	0.47	46.69	509,800	238,460	2,156,120	1,784,460
2016-02-09	$33.97	$35.75	37.0%	10.4%	39.5%	85.7%	35.9%	5.4%	-0.5%	-8.5M	1.54B	-15.8M	0.46	40.75	580,300	267,960	2,177,360	1,832,680
2016-02-10	$34.23	$35.50	36.1%	10.4%	39.2%	82.4%	34.9%	5.1%	0.1%	20.5M	983.4M	-16.3M	0.47	45.15	537,240	251,240	2,332,420	1,798,740
2016-02-11	$34.23	$35.50	36.7%	10.5%	37.2%	84.6%	36.7%	4.9%	-0.1%	25.6M	897.3M	-16.7M	0.56	43.37	361,560	201,760	2,449,160	1,801,880
2016-02-12	$34.15	$35.75	32.3%	9.2%	36.4%	68.2%	31.5%	5.3%	-0.2%	-128.9K	1.05B	-15.6M	0.65	46.20	431,060	279,480	2,479,620	1,795,680
2016-02-16	$34.50	$35.75	30.2%	8.7%	35.1%	60.2%	28.6%	5.0%	0.0%	-8.5M	747.1M	-15.2M	0.46	48.58	411,380	189,720	2,184,300	1,652,280
2016-02-17	$35.44	$35.75	27.1%	7.8%	35.9%	48.5%	26.8%	5.1%	-0.3%	97.5M	-317.1M	-15.8M	0.69	51.93	415,880	286,560	2,341,760	1,679,680
2016-02-18	$34.85	$35.75	28.4%	8.2%	36.3%	53.4%	26.9%	5.4%	-0.6%	21.1M	394.9M	-15.4M	0.62	55.99	360,400	224,900	2,403,260	1,732,240
2016-02-19	$35.05	$35.75	26.1%	7.5%	36.0%	45.0%	25.5%	4.6%	0.3%	-68.3M	214.6M	-15.2M	0.72	56.33	386,640	279,900	2,396,700	1,758,000
2016-02-22	$35.27	$35.75	24.8%	7.2%	35.2%	40.1%	24.8%	4.4%	-0.4%	48.6M	-78.2M	-15.0M	0.57	46.06	375,620	214,920	1,724,620	1,415,440
2016-02-23	$34.77	$36.00	25.7%	7.5%	35.1%	43.5%	24.5%	4.5%	-0.6%	9.8M	356.2M	-14.7M	0.55	48.67	349,380	190,940	1,848,140	1,480,220
2016-02-24	$34.95	$35.50	25.5%	7.4%	35.2%	42.8%	26.0%	4.6%	-0.4%	29.0M	196.3M	-15.0M	0.63	50.16	391,740	247,320	1,928,120	1,529,420
2016-02-25	$35.20	$35.50	24.5%	7.0%	34.7%	39.1%	24.4%	4.5%	-1.1%	100.6M	-283.4M	-14.9M	0.83	54.80	267,320	220,920	2,004,600	1,576,260
2016-02-26	$35.22	$35.50	23.4%	6.7%	30.9%	34.6%	24.0%	4.0%	-0.3%	121.4M	-355.0M	-14.9M	0.94	52.82	373,060	350,400	2,035,560	1,615,520
2016-02-29	$34.99	$35.50	23.2%	6.9%	30.8%	34.0%	23.9%	3.7%	0.4%	24.6M	208.4M	-14.5M	0.97	53.75	226,500	219,800	1,820,160	1,512,540