GOOG Options History — December 2018

In December 2018, GOOG traded between $48.99 and $55.36. ATM implied volatility averaged 31.8%, placing in the 72.4% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded below realized volatility by 2.6% (HV 20d: 34.4%). Max pain ranged from $52.00 to $54.25. Net GEX was positive for 7 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.98.

Notable Days

  • 2018-12-21: Highest Volume — 552,820 contracts
  • 2018-12-04: Largest IV spike — 17.7% change
  • 2018-12-24: Highest IV Rank — 100.0%
  • 2018-12-24: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.92$48.99$55.36$55.36$51.57
Max Pain$53.56$52.00$54.25$54.25$52.00
ATM IV31.8%23.8%39.3%23.8%36.1%
Expected Move9.2%7.2%11.7%7.2%9.3%
HV 20d34.4%32.7%38.6%32.7%35.5%
HV 60d35.2%32.7%37.5%32.7%37.0%
IV Rank72.4%41.7%100.0%41.7%86.4%
IV Percentile83.3%52.4%100.0%52.4%96.0%
Term Structure0.7%-1.2%4.5%0.3%-1.2%
VWIV32.4%25.1%41.3%25.1%33.1%
Skew 25d5.0%3.1%7.6%3.5%6.7%
Skew 10d10.1%6.4%14.5%6.4%12.7%
Call IV 25d29.4%22.2%36.5%22.2%33.7%
Put IV 25d34.4%25.7%42.9%25.7%40.4%
Bid-Ask Spread %47.2140.9556.7848.8048.36
Gamma HHI0.040.020.080.030.03
Net GEX-23.2M-90.4M61.5M61.5M18.7M
Net DEX662.7M-1.99B3.05B-1.99B-101.2M
Net VEX-20.8M-23.0M-18.7M-22.6M-18.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.980.711.401.130.81
Total Volume396,487246,660552,820287,460246,660
Total OI4,255,1953,813,4804,602,4604,068,5803,914,220

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-12-03$55.36$54.2523.8%7.2%32.7%41.7%25.1%3.5%0.3%61.5M-1.99B-22.6M1.1348.80134,900152,5601,970,4402,098,140
2018-12-04$52.68$54.2528.0%9.1%36.5%58.2%31.7%3.1%0.3%-34.4M556.1M-22.2M0.9751.62210,140203,5002,003,5402,158,560
2018-12-05$52.60$54.2528.3%9.3%35.8%59.6%32.6%3.6%0.2%-38.4M636.6M-22.1M0.9756.78215,960209,1802,003,5402,158,560
2018-12-06$53.31$54.0029.6%8.4%33.7%64.4%34.4%4.0%0.0%-23.0M197.8M-23.0M0.9141.88257,880234,4602,087,2402,202,820
2018-12-07$52.37$54.0029.1%8.6%33.8%62.7%31.9%5.1%-0.8%-62.1M959.1M-22.3M0.7547.11211,860158,2202,151,2402,259,340
2018-12-10$52.17$54.0030.3%8.8%33.7%67.2%29.3%4.6%0.4%-41.7M795.2M-21.5M1.4040.95137,700192,1602,024,0202,174,980
2018-12-11$52.78$54.0029.3%8.5%32.8%63.2%29.4%4.8%0.1%-22.3M294.5M-21.8M0.7344.02169,720124,7402,084,7202,225,860
2018-12-12$53.54$54.0027.3%8.0%33.1%55.6%28.4%3.8%0.4%36.6M-547.8M-21.6M1.0544.47268,780281,7802,140,0202,261,700
2018-12-13$53.10$54.0027.2%7.9%33.0%55.1%29.2%4.5%0.5%6.2M23.0M-21.6M0.8645.53215,240185,9002,199,0802,308,920
2018-12-14$52.09$54.0029.0%8.4%33.4%62.4%29.3%4.6%0.4%-66.6M1.13B-21.1M1.1045.02223,980245,5402,237,3002,365,160
2018-12-17$50.45$54.0032.6%9.3%35.2%76.3%31.6%4.5%-0.4%-76.7M2.26B-19.6M1.0045.32143,800143,5002,115,8402,199,300
2018-12-18$51.85$54.0032.0%9.2%33.1%74.0%31.5%4.5%-0.5%-32.1M1.04B-20.6M1.1641.62142,780165,1002,186,3002,219,040
2018-12-19$50.96$54.0032.9%9.4%33.6%77.4%31.6%4.7%-0.3%-68.7M1.86B-19.8M0.7153.46263,960186,7602,213,2602,252,520
2018-12-20$50.44$54.0034.9%10.0%33.5%85.4%31.5%5.2%-0.3%-90.4M2.03B-19.8M1.1051.65213,720235,3202,266,1202,223,320
2018-12-21$48.99$53.5037.8%10.8%34.7%96.7%36.9%6.8%-0.1%-83.1M3.05B-18.7M1.3445.98236,140316,6802,332,5602,227,000
2018-12-24$49.07$52.5039.3%11.7%33.6%100.0%41.3%6.3%3.2%-37.1M1.76B-19.1M0.8543.44168,940143,1201,909,3001,904,180
2018-12-26$51.61$52.5035.9%10.4%38.6%86.8%36.7%6.7%4.1%12.8M6.0M-19.8M0.8848.68214,800189,1601,955,5601,905,240
2018-12-27$51.70$52.0036.8%10.6%35.5%90.3%37.9%7.6%4.2%24.4M-280.7M-20.3M0.9648.46187,340179,4402,050,8801,979,760
2018-12-28$51.79$52.0035.4%9.9%35.5%83.8%34.8%5.1%4.5%52.7M-437.0M-20.1M0.9051.13273,180245,1402,112,9202,021,400
2018-12-31$51.57$52.0036.1%9.3%35.5%86.4%33.1%6.7%-1.2%18.7M-101.2M-18.8M0.8148.36136,240110,4201,976,4201,937,800