GOOG Options History — January 2018

In January 2018, GOOG traded between $53.24 and $58.78. ATM implied volatility averaged 25.1%, placing in the 77.5% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 12.6% (HV 20d: 12.5%). Max pain ranged from $47.00 to $54.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.95.

Notable Days

2018-01-12: Highest Volume — 973,780 contracts
2018-01-29: Largest IV spike — 8.4% change
2018-01-29: Highest IV Rank — 100.0%
2018-01-30: Largest Expected Move — 10.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$56.52	$53.24	$58.78	$53.24	$58.46
Max Pain	$51.89	$47.00	$54.50	$47.00	$54.50
ATM IV	25.1%	21.4%	31.0%	21.4%	29.9%
Expected Move	7.3%	4.0%	10.5%	4.0%	10.4%
HV 20d	12.5%	11.3%	13.3%	13.0%	11.4%
HV 60d	15.6%	13.4%	16.5%	16.1%	13.6%
IV Rank	77.5%	58.6%	100.0%	58.6%	94.3%
IV Percentile	88.2%	76.2%	100.0%	76.2%	99.2%
Term Structure	-1.1%	-2.2%	0.3%	-0.5%	-1.7%
VWIV	25.5%	14.6%	36.4%	15.3%	35.9%
Skew 25d	0.3%	-0.8%	0.9%	0.5%	0.7%
Skew 10d	0.1%	-3.0%	2.3%	2.1%	1.6%
Call IV 25d	25.1%	22.1%	30.4%	22.1%	29.2%
Put IV 25d	25.4%	22.4%	31.2%	22.6%	29.9%
Bid-Ask Spread %	42.86	35.91	51.07	50.15	43.92
Gamma HHI	0.09	0.06	0.20	0.07	0.07
Net GEX	409.2M	249.1M	533.1M	395.4M	257.1M
Net DEX	-10.62B	-14.24B	-7.53B	-8.38B	-7.94B
Net VEX	-29.6M	-31.6M	-27.4M	-30.9M	-31.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.95	0.67	1.29	1.16	0.82
Total Volume	668,802.857	402,700	973,780	658,220	414,200
Total OI	5,741,624.762	3,773,840	7,071,400	6,231,440	4,378,020

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
2018-01-02	$53.24	$47.00	21.4%	4.0%	13.0%	58.6%	15.3%	0.5%	-0.5%	395.4M	-8.38B	-30.9M	1.16	50.15	304,460	353,760	3,525,960	2,705,480
2018-01-03	$54.11	$47.00	22.1%	4.0%	12.7%	62.5%	14.6%	0.3%	-0.2%	491.6M	-10.29B	-30.1M	1.07	47.47	385,800	411,720	3,604,200	2,765,160
2018-01-04	$54.33	$51.50	22.3%	6.1%	12.7%	63.5%	21.4%	0.3%	0.3%	486.5M	-10.63B	-30.5M	1.09	35.91	342,380	373,980	3,660,620	2,864,220
2018-01-05	$55.08	$51.50	23.3%	6.2%	12.9%	68.9%	22.0%	-0.4%	-0.4%	531.0M	-12.13B	-30.0M	1.08	40.48	440,640	475,900	3,691,680	2,933,620
2018-01-08	$55.28	$51.50	23.5%	6.3%	12.5%	70.0%	22.2%	-0.8%	-1.3%	499.6M	-11.97B	-29.3M	1.29	38.09	295,100	381,080	3,637,400	2,860,680
2018-01-09	$55.31	$51.50	22.8%	6.4%	12.5%	66.2%	22.7%	0.3%	-0.4%	501.2M	-11.91B	-29.6M	1.19	39.70	277,040	328,320	3,685,920	2,959,220
2018-01-10	$55.08	$51.50	22.6%	6.3%	12.8%	64.9%	22.4%	0.2%	-0.8%	426.8M	-11.56B	-29.6M	1.19	45.87	288,640	343,440	3,744,600	3,027,840
2018-01-11	$55.21	$52.00	23.5%	6.4%	12.7%	70.5%	22.7%	-0.7%	-1.4%	466.7M	-11.95B	-29.7M	1.14	42.53	308,520	351,580	3,801,740	3,099,540
2018-01-12	$56.06	$52.00	25.0%	6.8%	13.3%	78.6%	24.0%	-0.7%	-2.2%	533.1M	-13.74B	-29.9M	0.91	46.03	510,180	463,600	3,863,000	3,160,680
2018-01-16	$56.10	$52.00	24.5%	7.0%	13.2%	75.7%	24.6%	0.6%	-1.4%	465.4M	-13.18B	-28.9M	0.75	51.07	476,300	355,680	3,766,040	3,038,120
2018-01-17	$56.59	$52.00	24.0%	6.9%	12.9%	72.7%	24.2%	0.6%	-0.7%	475.6M	-13.92B	-28.6M	0.90	45.73	352,680	317,160	3,819,640	3,118,820
2018-01-18	$56.50	$52.00	23.8%	6.9%	12.4%	71.7%	24.2%	0.5%	-1.3%	465.6M	-13.86B	-28.5M	1.10	47.30	333,820	368,580	3,867,120	3,154,180
2018-01-19	$56.80	$52.50	23.9%	6.9%	12.0%	72.6%	24.2%	0.9%	-0.1%	412.5M	-14.24B	-28.5M	0.81	46.49	450,880	364,580	3,874,700	3,196,700
2018-01-22	$57.79	$52.50	24.8%	7.4%	12.5%	77.4%	25.6%	0.5%	-1.4%	311.6M	-7.53B	-27.5M	0.70	36.88	365,300	256,180	2,224,600	1,549,240
2018-01-23	$58.48	$52.50	26.0%	7.8%	12.7%	83.8%	27.4%	0.8%	-2.0%	295.7M	-8.33B	-27.4M	0.80	42.11	339,900	272,160	2,276,400	1,613,420
2018-01-24	$58.29	$52.75	26.7%	8.1%	12.6%	87.8%	28.4%	0.7%	-1.7%	279.1M	-8.11B	-28.7M	0.85	42.41	313,420	266,500	2,360,260	1,700,540
2018-01-25	$58.54	$53.00	27.4%	8.6%	12.2%	91.5%	29.9%	0.9%	-1.8%	298.8M	-8.44B	-28.7M	0.90	40.58	299,180	268,540	2,424,460	1,759,260
2018-01-26	$58.73	$53.00	28.6%	9.1%	11.4%	98.4%	31.5%	0.3%	-1.8%	498.2M	-8.99B	-30.5M	0.67	38.41	435,120	291,840	2,608,080	1,825,080
2018-01-29	$58.78	$53.50	31.0%	10.4%	11.3%	100.0%	36.1%	0.8%	-0.7%	253.4M	-8.27B	-30.6M	0.72	39.71	269,000	195,000	2,484,920	1,671,900
2018-01-30	$58.27	$54.00	30.7%	10.5%	12.2%	98.5%	36.4%	0.1%	-1.3%	249.1M	-7.72B	-31.6M	0.88	39.16	214,220	188,480	2,544,820	1,726,240
2018-01-31	$58.46	$54.50	29.9%	10.4%	11.4%	94.3%	35.9%	0.7%	-1.7%	257.1M	-7.94B	-31.4M	0.82	43.92	227,260	186,940	2,596,100	1,781,920