GOOG Options History — March 2016

In March 2016, GOOG traded between $34.58 and $37.55. ATM implied volatility averaged 24.2%, placing in the 37.7% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 3.6% (HV 20d: 20.5%). Max pain ranged from $35.00 to $36.75. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.97.

Notable Days

2016-03-11: Highest Volume — 939,500 contracts
2016-03-07: Largest IV spike — 15.6% change
2016-03-28: Highest IV Rank — 61.4%
2016-03-08: Largest Expected Move — 7.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$36.34	$34.58	$37.55	$35.86	$37.24
Max Pain	$35.74	$35.00	$36.75	$35.50	$36.75
ATM IV	24.2%	20.3%	30.5%	20.3%	29.2%
Expected Move	6.3%	4.8%	7.5%	6.0%	5.0%
HV 20d	20.5%	16.7%	31.4%	31.4%	17.1%
HV 60d	27.9%	27.1%	28.4%	28.0%	27.1%
IV Rank	37.7%	23.2%	61.4%	23.2%	56.4%
IV Percentile	51.7%	30.6%	75.4%	30.6%	71.4%
Term Structure	1.5%	-1.7%	4.9%	0.4%	-1.7%
VWIV	22.0%	16.7%	25.6%	21.0%	17.6%
Skew 25d	3.7%	2.9%	5.0%	3.7%	4.2%
Skew 10d	7.2%	5.4%	9.4%	8.1%	7.6%
Call IV 25d	22.4%	18.9%	27.9%	18.9%	27.3%
Put IV 25d	26.1%	22.4%	32.1%	22.7%	31.5%
Bid-Ask Spread %	55.21	48.12	66.94	58.97	66.72
Gamma HHI	0.09	0.04	0.26	0.06	0.08
Net GEX	104.9M	-72.6M	248.9M	107.5M	24.5M
Net DEX	-939.7M	-2.31B	597.9M	-628.3M	-776.2M
Net VEX	-15.6M	-17.3M	-14.5M	-14.7M	-17.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.97	0.48	1.37	0.84	0.81
Total Volume	568,454.545	322,800	939,500	569,260	506,720
Total OI	3,549,060.909	2,735,680	4,460,580	3,473,160	3,397,500

Daily Data (22 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
2016-03-01	$35.86	$35.50	20.3%	6.0%	31.4%	23.2%	21.0%	3.7%	0.4%	107.5M	-628.3M	-14.7M	0.84	58.97	308,800	260,460	1,896,640	1,576,520
2016-03-02	$35.90	$35.50	20.4%	6.1%	30.0%	23.6%	22.1%	3.7%	0.5%	112.6M	-662.3M	-14.9M	1.07	61.20	203,560	218,620	1,922,240	1,636,280
2016-03-03	$35.61	$35.00	21.1%	6.8%	24.8%	26.3%	24.0%	3.4%	0.3%	85.2M	-266.2M	-14.7M	1.02	49.21	231,700	236,360	1,962,880	1,693,800
2016-03-04	$35.55	$35.25	20.9%	6.7%	22.1%	25.6%	24.0%	3.8%	0.3%	65.6M	-186.1M	-14.7M	0.66	50.93	404,760	267,700	2,001,040	1,767,460
2016-03-07	$34.70	$35.25	24.2%	7.5%	19.4%	37.8%	25.6%	3.7%	2.2%	-5.7M	571.6M	-14.5M	0.53	48.12	547,780	290,740	1,864,700	1,637,920
2016-03-08	$34.58	$35.00	23.9%	7.5%	19.5%	36.6%	25.4%	2.9%	2.1%	-3.3M	597.9M	-14.8M	0.86	49.46	269,460	231,240	1,994,620	1,721,360
2016-03-09	$35.17	$35.00	23.1%	7.3%	20.2%	33.6%	25.2%	3.9%	2.2%	67.6M	-77.6M	-15.2M	0.89	49.69	248,520	221,500	2,058,440	1,742,800
2016-03-10	$35.63	$35.00	23.2%	7.1%	20.5%	33.9%	25.1%	5.0%	2.1%	153.8M	-700.7M	-15.2M	1.01	52.08	328,760	333,440	2,098,560	1,782,020
2016-03-11	$36.32	$35.00	21.3%	6.7%	21.3%	27.0%	23.3%	2.9%	3.1%	248.9M	-1.72B	-15.3M	0.90	50.36	495,420	444,080	2,156,480	1,870,220
2016-03-14	$36.64	$35.25	22.5%	6.6%	21.3%	31.3%	24.3%	4.0%	3.1%	176.9M	-1.69B	-15.5M	1.13	51.54	222,560	252,260	2,065,740	1,759,360
2016-03-15	$36.40	$35.25	22.7%	6.6%	21.5%	32.3%	23.9%	3.8%	3.8%	150.1M	-1.31B	-15.2M	1.32	50.40	213,840	282,960	2,079,240	1,862,400
2016-03-16	$36.78	$35.25	22.0%	6.3%	19.7%	29.6%	22.4%	3.4%	4.5%	198.1M	-1.90B	-15.3M	1.37	57.19	297,080	406,220	2,116,160	1,967,700
2016-03-17	$37.05	$35.25	21.9%	6.0%	18.5%	29.3%	21.5%	3.0%	4.9%	209.9M	-2.31B	-15.7M	1.14	57.05	243,040	277,540	2,171,660	2,058,100
2016-03-18	$36.84	$35.50	23.4%	6.3%	18.8%	34.9%	21.8%	3.5%	4.3%	-72.6M	-2.10B	-16.0M	0.69	56.14	512,640	351,620	2,312,560	2,148,020
2016-03-21	$37.09	$36.00	24.6%	5.9%	18.8%	39.1%	21.2%	3.6%	1.1%	115.5M	-1.24B	-15.7M	0.97	49.52	190,340	185,200	1,430,480	1,305,200
2016-03-22	$37.02	$36.75	24.7%	5.7%	17.8%	39.7%	20.6%	3.8%	1.9%	113.6M	-1.17B	-16.0M	1.17	51.88	185,120	217,060	1,493,760	1,412,840
2016-03-23	$36.92	$36.75	26.2%	5.9%	17.9%	45.4%	21.0%	3.3%	1.9%	66.7M	-964.5M	-16.3M	1.15	56.73	159,280	183,460	1,520,000	1,506,780
2016-03-24	$36.75	$36.75	27.2%	5.9%	18.0%	49.2%	20.8%	4.0%	1.7%	136.8M	-718.4M	-16.5M	0.81	56.05	257,880	209,640	1,553,120	1,565,380
2016-03-28	$36.68	$36.75	30.5%	5.5%	18.0%	61.4%	19.0%	3.2%	-1.6%	61.4M	-615.5M	-16.1M	1.15	62.26	149,820	172,980	1,429,400	1,421,420
2016-03-29	$37.29	$36.75	29.9%	5.2%	18.4%	59.1%	18.3%	4.8%	-1.5%	120.7M	-1.16B	-16.7M	0.48	62.18	489,860	233,860	1,461,760	1,508,660
2016-03-30	$37.55	$36.75	28.3%	4.8%	16.7%	53.4%	16.7%	3.8%	-1.7%	174.5M	-1.65B	-16.7M	1.25	66.94	338,820	423,300	1,573,360	1,574,760
2016-03-31	$37.24	$36.75	29.2%	5.0%	17.1%	56.4%	17.6%	4.2%	-1.7%	24.5M	-776.2M	-17.3M	0.81	66.72	279,840	226,880	1,637,120	1,760,380