GOOG Options History — February 2019

In February 2019, GOOG traded between $54.70 and $57.14. ATM implied volatility averaged 21.6%, placing in the 23.1% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded below realized volatility by 2.9% (HV 20d: 24.5%). Max pain ranged from $54.00 to $55.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 0.67.

Notable Days

  • 2019-02-05: Highest Volume — 1,132,560 contracts
  • 2019-02-05: Largest IV drop — 26.6% change
  • 2019-02-01: Highest IV Rank — 56.6%
  • 2019-02-01: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$55.71$54.70$57.14$55.71$56.03
Max Pain$54.63$54.00$55.00$54.00$55.00
ATM IV21.6%19.4%29.3%29.3%19.4%
Expected Move6.1%5.5%7.9%7.9%5.5%
HV 20d24.5%19.8%28.4%28.4%19.8%
HV 60d30.4%28.5%32.0%32.0%28.5%
IV Rank23.1%13.7%56.6%56.6%13.7%
IV Percentile32.5%22.6%67.1%67.1%22.6%
Term Structure-0.1%-1.3%0.3%-1.3%0.1%
VWIV21.6%19.4%27.6%27.6%19.4%
Skew 25d2.4%2.1%2.8%2.8%2.3%
Skew 10d4.7%3.8%6.0%5.8%4.4%
Call IV 25d20.6%18.4%28.2%28.2%18.4%
Put IV 25d23.0%20.7%31.0%31.0%20.7%
Bid-Ask Spread %30.9719.3950.4835.1019.67
Gamma HHI0.050.030.080.050.04
Net GEX102.4M-47.3M292.0M147.1M99.6M
Net DEX-1.61B-3.21B-466.7M-2.39B-1.71B
Net VEX-18.9M-19.5M-18.1M-19.0M-18.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.471.100.631.10
Total Volume485,401.053194,6001,132,560449,260303,180
Total OI3,025,390.5262,498,3603,683,7602,686,5802,980,960

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-02-01$55.71$54.0029.3%7.9%28.4%56.6%27.6%2.8%-1.3%147.1M-2.39B-19.0M0.6335.10275,240174,0201,538,2401,148,340
2019-02-04$56.45$54.0027.4%7.5%24.0%48.3%26.6%2.4%-1.1%156.7M-2.57B-18.7M0.7341.68555,960404,4001,465,3601,033,000
2019-02-05$57.14$54.0020.1%5.8%24.2%16.7%20.7%2.2%-0.0%292.0M-3.21B-18.7M0.6541.25687,820444,7401,759,4001,279,100
2019-02-06$55.86$54.5021.9%6.2%25.9%24.3%22.1%2.2%-0.2%214.7M-1.95B-19.3M0.6147.56394,280242,1801,926,6801,398,140
2019-02-07$54.80$54.5022.9%6.6%26.9%28.9%23.0%2.6%-0.1%32.3M-629.5M-19.4M0.6245.24389,560243,3402,065,9001,474,240
2019-02-08$54.70$54.5022.8%6.5%26.9%28.6%22.7%2.8%-0.1%-14.9M-639.6M-19.5M0.4948.15407,660201,4202,171,0201,512,740
2019-02-11$54.78$54.5022.1%6.3%26.5%25.5%22.8%2.8%0.1%61.3M-937.5M-19.0M0.6648.68117,38077,2201,752,8601,304,240
2019-02-12$56.12$54.5020.5%5.9%26.9%18.5%20.3%2.4%0.2%199.8M-2.13B-19.0M0.5950.48242,180143,2001,804,0201,329,480
2019-02-13$56.14$54.5020.6%5.9%24.9%18.7%21.0%2.3%0.3%214.1M-2.13B-19.1M0.5722.70257,000146,5601,858,8201,352,000
2019-02-14$56.17$54.5021.1%6.0%24.9%21.0%21.6%2.6%0.2%190.1M-2.09B-19.3M0.8923.31224,960201,2601,910,7801,371,540
2019-02-15$55.66$54.5021.1%6.0%25.2%21.1%21.4%2.5%0.2%6.8M-1.51B-18.7M0.6022.85409,700244,1601,989,5001,431,580
2019-02-19$55.98$55.0020.3%5.8%25.0%17.7%20.8%2.1%0.1%82.4M-1.51B-18.7M0.5719.84146,28083,2401,403,8601,216,280
2019-02-20$55.71$55.0020.3%5.8%22.6%17.4%20.5%2.2%0.0%65.7M-1.28B-18.8M0.6221.22205,700127,3801,468,1601,254,300
2019-02-21$54.77$55.0021.1%6.1%23.6%21.2%21.7%2.2%0.0%-47.3M-466.7M-18.5M0.7220.21281,780202,8201,553,7601,296,240
2019-02-22$55.24$55.0019.9%5.6%23.7%15.9%19.7%2.1%0.1%41.5M-1.15B-18.5M0.5821.33293,840170,6001,685,0601,352,700
2019-02-25$55.70$55.0019.8%5.6%23.1%15.6%19.8%2.2%-0.1%62.9M-1.37B-18.1M0.4719.39215,620100,4001,401,4601,247,020
2019-02-26$55.83$55.0019.7%5.6%21.8%14.8%19.9%2.4%0.0%94.9M-1.51B-18.6M0.8219.79175,800144,0001,520,6201,294,820
2019-02-27$55.71$55.0019.7%5.6%21.5%14.8%19.8%2.3%0.1%45.2M-1.37B-18.6M0.8819.93152,940134,8001,566,0601,364,140
2019-02-28$56.03$55.0019.4%5.5%19.8%13.7%19.4%2.3%0.1%99.6M-1.71B-18.7M1.1019.67144,420158,7601,584,1801,396,780