GOOG Options History — March 2018

In March 2018, GOOG traded between $50.31 and $58.32. ATM implied volatility averaged 25.9%, placing in the 68.4% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded below realized volatility by 4.1% (HV 20d: 30.0%). Max pain ranged from $51.75 to $55.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.89.

Notable Days

  • 2018-03-09: Highest Volume — 1,081,280 contracts
  • 2018-03-22: Largest IV spike — 23.2% change
  • 2018-03-23: Highest IV Rank — 100.0%
  • 2018-03-28: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.60$50.31$58.32$53.41$51.63
Max Pain$54.10$51.75$55.00$51.75$53.75
ATM IV25.9%19.0%38.6%25.1%33.7%
Expected Move7.3%5.7%9.9%7.8%8.2%
HV 20d30.0%23.3%37.2%36.8%35.1%
HV 60d26.0%23.8%30.2%23.9%30.2%
IV Rank68.4%40.6%100.0%70.8%81.0%
IV Percentile79.9%55.2%100.0%86.9%99.2%
Term Structure1.4%-2.0%7.0%-1.1%-2.0%
VWIV26.0%21.1%34.1%27.4%29.2%
Skew 25d3.1%2.2%4.6%2.7%3.4%
Skew 10d6.2%3.5%8.8%5.4%6.9%
Call IV 25d24.6%17.9%37.0%24.6%32.3%
Put IV 25d27.7%20.4%41.0%27.3%35.7%
Bid-Ask Spread %40.1034.6148.4639.3338.33
Gamma HHI0.040.020.090.040.07
Net GEX105.7M-51.4M291.5M39.1M71.0M
Net DEX-3.29B-8.20B1.17B-1.97B-182.5M
Net VEX-31.7M-33.4M-29.7M-31.7M-33.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.661.100.850.93
Total Volume704,063.81473,1601,081,280758,500880,200
Total OI4,382,310.4763,669,6404,754,3004,303,2404,708,220

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-03-01$53.41$51.7525.1%7.8%36.8%70.8%27.4%2.7%-1.1%39.1M-1.97B-31.7M0.8539.33410,960347,5402,418,9201,884,320
2018-03-02$54.00$51.7524.0%7.1%37.2%65.2%25.4%3.3%-0.7%62.9M-2.60B-32.2M0.9342.70424,140393,2402,543,7401,959,880
2018-03-05$54.62$53.5021.4%6.5%34.0%52.4%24.0%3.0%0.4%103.1M-3.84B-31.9M0.8736.47254,360221,7002,420,9201,873,360
2018-03-06$54.69$53.2520.8%6.5%30.3%49.3%24.4%2.4%0.9%116.5M-4.07B-31.7M0.9636.80241,040232,1202,465,8201,915,040
2018-03-07$55.52$53.2522.0%6.6%30.5%55.5%23.5%3.0%-0.0%160.9M-5.04B-31.8M0.9039.64250,120226,2602,502,9801,970,860
2018-03-08$56.20$53.2521.3%6.3%28.8%52.0%22.6%2.9%0.1%238.3M-6.01B-31.3M0.8340.90368,040307,2602,539,5201,992,200
2018-03-09$57.94$53.5019.0%5.7%24.8%40.6%21.9%2.5%0.2%291.5M-8.20B-29.9M0.6744.71645,740435,5402,581,9402,060,340
2018-03-12$58.32$53.7520.7%6.2%23.3%48.8%22.3%2.7%1.0%285.2M-7.87B-30.5M0.9045.94346,220311,5802,500,8801,945,180
2018-03-13$56.90$54.2522.6%6.7%25.5%58.4%23.8%2.2%1.0%187.9M-6.08B-32.1M0.6640.05468,580308,2002,552,1402,018,160
2018-03-14$57.43$54.5021.7%6.3%25.5%53.8%22.0%2.4%0.3%242.4M-6.69B-32.3M0.8641.08302,360261,1402,641,7602,090,740
2018-03-15$57.51$54.7521.4%6.3%25.2%52.3%22.6%2.2%0.8%253.1M-6.59B-30.1M0.8446.12290,040242,5802,570,2802,119,460
2018-03-16$56.85$54.7520.5%6.1%25.2%48.2%21.1%2.2%0.9%96.2M-5.57B-29.7M0.7448.46467,440344,1802,602,4402,151,860
2018-03-19$54.98$55.0025.0%7.1%28.1%70.1%25.3%3.4%6.5%61.3M-2.32B-30.9M0.8837.81400,200350,2801,956,5001,713,140
2018-03-20$54.88$55.0025.7%7.4%28.0%73.5%26.3%3.8%5.9%74.0M-2.24B-32.0M0.9237.36285,500262,5802,097,1401,824,740
2018-03-21$54.57$55.0025.1%7.2%27.8%67.6%25.0%3.1%6.2%67.6M-1.95B-32.2M0.8039.68302,060240,1802,174,4801,888,760
2018-03-22$52.55$55.0030.9%8.5%30.7%98.8%29.3%4.1%7.0%-19.1M-140.9M-31.6M0.9937.63408,240402,3002,218,6401,923,740
2018-03-23$51.28$55.0033.1%8.9%30.8%100.0%31.1%4.0%5.7%-31.4M788.5M-32.1M1.1035.65380,940418,2002,343,3402,012,620
2018-03-26$52.77$55.0033.1%8.2%32.3%99.8%30.1%3.5%-1.2%8.6M-811.8M-32.6M1.0541.15351,360368,8602,141,2801,937,860
2018-03-27$50.33$55.0038.6%9.8%35.5%100.0%34.1%4.0%-0.8%-38.1M1.07B-32.2M0.9434.61402,820379,0402,240,8602,032,580
2018-03-28$50.31$55.0038.4%9.9%35.4%99.2%34.1%4.6%-1.1%-51.4M1.17B-32.8M1.0937.60406,880445,3202,364,2602,127,620
2018-03-29$51.63$53.7533.7%8.2%35.1%81.0%29.2%3.4%-2.0%71.0M-182.5M-33.4M0.9338.33455,140425,0602,482,6602,225,560