GOOG Options History — February 2018

In February 2018, GOOG traded between $50.35 and $58.28. ATM implied volatility averaged 23.8%, placing in the 64.4% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded below realized volatility by 6.5% (HV 20d: 30.4%). Max pain ranged from $50.50 to $51.75. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.91.

Notable Days

  • 2018-02-02: Highest Volume — 1,220,760 contracts
  • 2018-02-05: Largest IV spike — 27.5% change
  • 2018-02-09: Highest IV Rank — 100.0%
  • 2018-02-09: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.47$50.35$58.28$58.28$55.33
Max Pain$51.62$50.50$51.75$50.50$51.75
ATM IV23.8%17.9%31.1%28.5%22.4%
Expected Move6.8%5.5%8.8%7.7%6.7%
HV 20d30.4%10.8%35.0%10.8%35.0%
HV 60d21.2%13.6%22.8%13.6%22.8%
IV Rank64.4%35.0%100.0%87.5%57.5%
IV Percentile78.8%53.6%100.0%98.0%72.2%
Term Structure-0.2%-1.4%0.3%-1.4%-0.2%
VWIV24.4%19.2%31.8%27.0%23.6%
Skew 25d2.6%-0.1%4.5%1.3%1.8%
Skew 10d5.4%0.3%9.6%0.3%4.1%
Call IV 25d23.0%17.1%28.9%27.9%22.3%
Put IV 25d25.6%19.4%33.4%29.2%24.1%
Bid-Ask Spread %41.5132.4253.8153.8145.55
Gamma HHI0.050.030.130.070.03
Net GEX130.7M-11.8M270.6M265.3M115.9M
Net DEX-3.63B-7.84B765.3M-7.84B-4.21B
Net VEX-31.9M-34.4M-28.8M-31.3M-31.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.731.080.871.02
Total Volume626,816.842442,0001,220,760849,320501,880
Total OI4,532,349.4743,864,3605,042,8204,458,2204,194,820

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-02-01$58.28$50.5028.5%7.7%10.8%87.5%27.0%1.3%-1.4%265.3M-7.84B-31.3M0.8753.81453,980395,3402,636,7201,821,500
2018-02-02$55.66$50.5021.5%6.2%20.7%53.2%21.8%-0.1%0.3%124.1M-4.16B-31.2M0.9241.58637,240583,5202,800,9002,003,340
2018-02-05$53.37$51.7527.5%7.7%25.2%82.5%26.8%2.0%-0.2%87.2M-2.03B-33.2M0.9951.52387,440385,0202,686,0401,852,780
2018-02-06$53.97$51.7526.2%7.5%25.5%76.4%26.9%3.1%0.2%87.4M-2.56B-33.5M0.9238.41325,740298,4602,744,2201,950,480
2018-02-07$52.54$51.7524.8%7.1%27.1%69.2%25.7%2.5%0.1%34.8M-1.06B-32.8M0.7936.69307,980241,9402,805,9402,005,120
2018-02-08$50.35$51.7530.9%8.8%30.6%99.6%31.8%4.4%-0.3%-11.8M765.3M-32.9M1.0839.54295,060319,3802,863,9202,010,800
2018-02-09$51.86$51.7531.1%8.8%32.8%100.0%31.7%4.5%-0.4%18.7M-677.4M-34.4M0.9941.01395,120390,2402,940,5802,066,080
2018-02-12$52.57$51.7525.2%7.3%32.7%71.2%26.0%3.9%-1.4%60.4M-1.76B-32.8M0.9540.79256,560245,0202,746,4401,985,860
2018-02-13$52.62$51.7524.1%6.9%32.7%65.4%24.6%3.8%-0.0%62.2M-1.87B-32.6M0.9034.02268,080240,0002,772,2802,002,320
2018-02-14$53.46$51.7522.1%6.3%33.1%55.8%22.9%2.6%0.1%126.0M-3.11B-32.2M1.0432.94257,840268,7402,830,4602,040,240
2018-02-15$54.38$51.7521.3%6.1%33.9%52.1%22.3%2.8%0.2%210.9M-4.26B-32.5M0.9432.42290,840273,9602,867,1802,089,420
2018-02-16$54.80$51.7521.2%6.0%34.0%51.2%21.7%2.2%0.2%184.0M-4.92B-31.8M0.8542.96375,100320,5202,900,2802,142,540
2018-02-20$55.18$51.7522.3%6.4%33.4%56.7%23.7%2.4%0.1%154.1M-4.51B-31.1M0.8834.98275,780241,5602,216,5001,647,860
2018-02-21$55.72$51.7521.8%6.3%33.3%54.3%22.6%1.9%0.0%185.2M-5.05B-31.3M0.9136.99300,620274,4202,300,0401,730,280
2018-02-22$55.39$51.7522.5%6.5%33.3%57.9%22.9%2.3%-0.2%131.9M-4.51B-31.1M0.7438.29330,780244,5002,333,3401,799,780
2018-02-23$56.24$51.7519.9%5.6%33.8%45.1%19.7%2.6%0.2%270.6M-5.76B-30.2M0.7348.70327,140240,0602,409,3801,846,540
2018-02-26$57.10$51.7517.9%5.5%34.3%35.0%19.2%2.2%-0.3%217.1M-6.33B-28.8M0.8853.43234,980207,0202,288,2001,710,640
2018-02-27$56.03$51.7521.7%6.4%34.9%53.8%22.4%2.3%-1.1%159.6M-5.06B-30.5M0.8345.14282,120235,5402,318,1201,753,700
2018-02-28$55.33$51.7522.4%6.7%35.0%57.5%23.6%1.8%-0.2%115.9M-4.21B-31.2M1.0245.55248,660253,2202,375,0601,819,760