GOOG Options History — March 2017

In March 2017, GOOG traded between $40.79 and $42.56. ATM implied volatility averaged 14.6%, placing in the 14.9% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 4.7% (HV 20d: 9.9%). Max pain ranged from $39.50 to $41.75. Net GEX was positive for 19 of 23 trading days. Term structure was in contango for 17 of 23 days. Put/call ratio averaged 1.08.

Notable Days

2017-03-23: Highest Volume — 987,860 contracts
2017-03-21: Largest IV spike — 26.8% change
2017-03-29: Highest IV Rank — 52.6%
2017-03-08: Largest Expected Move — 4.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$41.71	$40.79	$42.56	$41.78	$41.55
Max Pain	$41.15	$39.50	$41.75	$39.50	$41.50
ATM IV	14.6%	10.8%	21.4%	12.9%	20.3%
Expected Move	3.9%	3.1%	4.5%	3.6%	3.2%
HV 20d	9.9%	7.9%	13.2%	7.9%	12.0%
HV 60d	12.3%	11.4%	13.2%	13.0%	12.3%
IV Rank	14.9%	0.0%	52.6%	2.6%	47.1%
IV Percentile	17.6%	0.0%	65.9%	1.6%	59.1%
Term Structure	1.7%	-1.0%	7.2%	0.3%	-0.6%
VWIV	13.9%	11.3%	15.7%	13.0%	11.3%
Skew 25d	2.0%	1.3%	3.3%	1.3%	2.0%
Skew 10d	4.0%	2.4%	6.5%	3.1%	4.6%
Call IV 25d	13.7%	10.0%	20.4%	12.7%	19.8%
Put IV 25d	15.7%	11.8%	23.2%	14.0%	21.7%
Bid-Ask Spread %	54.02	35.55	80.77	78.41	56.30
Gamma HHI	0.08	0.04	0.25	0.05	0.09
Net GEX	170.5M	-99.9M	475.2M	225.2M	273.8M
Net DEX	-1.77B	-3.45B	568.8M	-2.35B	-1.46B
Net VEX	-27.9M	-30.6M	-25.4M	-25.4M	-30.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.08	0.67	1.56	0.79	0.96
Total Volume	647,255.652	436,260	987,860	546,560	656,120
Total OI	4,145,565.217	3,625,100	4,676,600	3,712,280	4,676,600

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
2017-03-01	$41.78	$39.50	12.9%	3.6%	7.9%	2.6%	13.0%	1.3%	0.3%	225.2M	-2.35B	-25.4M	0.79	78.41	305,360	241,200	2,007,040	1,705,240
2017-03-02	$41.50	$39.63	13.0%	3.5%	8.4%	2.9%	13.3%	1.5%	0.4%	209.8M	-1.94B	-25.5M	1.41	78.43	181,320	254,940	2,056,420	1,742,460
2017-03-03	$41.39	$39.75	12.4%	3.3%	8.6%	0.0%	11.7%	1.6%	0.4%	348.6M	-1.77B	-25.6M	0.85	80.77	304,180	258,400	2,097,840	1,772,000
2017-03-06	$41.42	$40.50	12.6%	4.3%	8.6%	1.2%	15.0%	2.0%	0.3%	166.7M	-1.86B	-25.7M	0.67	43.01	300,260	201,700	2,016,780	1,691,980
2017-03-07	$41.51	$40.50	12.6%	4.4%	8.5%	0.9%	15.4%	1.7%	0.3%	196.7M	-2.03B	-25.8M	0.85	36.81	258,560	220,080	2,079,880	1,734,140
2017-03-08	$41.72	$40.75	12.8%	4.5%	8.3%	2.2%	15.7%	2.1%	0.3%	248.7M	-2.31B	-26.0M	1.12	35.55	281,020	314,060	2,130,620	1,783,020
2017-03-09	$41.95	$41.00	12.7%	4.4%	8.3%	1.7%	15.5%	2.2%	-0.1%	332.7M	-2.64B	-26.3M	0.85	44.50	329,480	279,740	2,203,900	1,889,340
2017-03-10	$42.14	$41.00	12.1%	4.1%	8.3%	0.0%	14.9%	1.5%	0.2%	475.2M	-3.07B	-26.0M	1.01	45.22	435,440	438,200	2,236,780	1,932,280
2017-03-13	$42.32	$41.50	12.4%	4.2%	8.3%	1.3%	15.2%	1.6%	2.2%	247.2M	-2.91B	-28.4M	1.53	47.00	267,560	409,840	2,281,940	1,901,420
2017-03-14	$42.31	$41.75	12.8%	4.1%	8.1%	3.4%	15.2%	2.7%	1.5%	153.8M	-2.72B	-28.4M	1.34	49.51	239,900	322,500	2,321,160	2,023,500
2017-03-15	$42.37	$41.50	12.4%	4.2%	8.1%	1.4%	15.4%	2.1%	2.5%	167.3M	-2.86B	-28.6M	0.95	53.15	340,100	323,600	2,358,380	2,062,640
2017-03-16	$42.44	$41.50	12.5%	4.1%	8.1%	2.1%	14.9%	1.7%	2.5%	236.9M	-3.19B	-28.9M	1.07	56.44	334,380	357,800	2,453,740	2,121,680
2017-03-17	$42.56	$41.50	11.3%	3.3%	8.0%	0.0%	11.5%	2.0%	0.1%	236.2M	-3.45B	-28.7M	1.02	56.43	359,920	365,420	2,469,100	2,164,380
2017-03-20	$42.43	$41.75	10.8%	3.1%	8.2%	0.0%	11.4%	1.7%	7.2%	157.7M	-1.90B	-28.2M	1.56	51.08	211,280	330,460	1,936,820	1,688,280
2017-03-21	$41.49	$41.75	13.7%	3.9%	11.5%	14.3%	13.6%	2.0%	5.8%	-17.2M	-450.6M	-28.5M	1.06	50.12	390,000	413,400	1,987,180	1,786,800
2017-03-22	$41.51	$41.75	13.5%	3.9%	11.5%	13.3%	14.0%	2.1%	6.4%	-20.6M	-437.1M	-29.0M	1.24	50.71	258,580	321,120	2,098,100	1,906,800
2017-03-23	$40.82	$41.75	15.9%	4.2%	13.0%	25.5%	14.7%	2.3%	6.3%	-69.1M	568.8M	-28.1M	1.01	51.16	490,260	497,600	2,143,260	1,963,500
2017-03-24	$40.79	$41.50	16.6%	4.0%	13.0%	29.1%	14.5%	2.1%	6.8%	-99.9M	347.1M	-28.9M	1.32	57.82	346,680	458,380	2,342,080	2,075,700
2017-03-27	$41.03	$41.50	20.0%	4.1%	13.2%	45.7%	14.3%	3.3%	-0.7%	2.7M	-344.9M	-29.1M	1.23	54.35	284,240	350,720	2,178,440	1,963,800
2017-03-28	$41.10	$41.50	20.5%	3.8%	12.9%	48.5%	13.5%	2.5%	-0.8%	42.9M	-591.4M	-29.3M	1.01	52.01	322,640	324,700	2,255,860	2,042,880
2017-03-29	$41.62	$41.50	21.4%	3.6%	12.3%	52.6%	13.1%	2.5%	-1.0%	192.0M	-1.66B	-30.1M	1.04	58.27	334,540	348,380	2,353,340	2,096,420
2017-03-30	$41.59	$41.50	20.4%	3.4%	12.1%	48.0%	12.3%	1.5%	-0.3%	213.1M	-1.62B	-30.6M	0.95	55.40	319,560	303,260	2,442,200	2,172,280
2017-03-31	$41.55	$41.50	20.3%	3.2%	12.0%	47.1%	11.3%	2.0%	-0.6%	273.8M	-1.46B	-30.1M	0.96	56.30	334,160	321,960	2,461,340	2,215,260