GOOG Options History — March 2019

In March 2019, GOOG traded between $57.05 and $61.49. ATM implied volatility averaged 19.4%, placing in the 13.8% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded below realized volatility by 0.0% (HV 20d: 19.5%). Max pain ranged from $55.00 to $58.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.77.

Notable Days

2019-03-01: Highest Volume — 631,080 contracts
2019-03-11: Largest IV drop — 10.8% change
2019-03-29: Highest IV Rank — 22.2%
2019-03-25: Largest Expected Move — 7.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$58.95	$57.05	$61.49	$57.09	$58.59
Max Pain	$56.21	$55.00	$58.00	$55.00	$57.75
ATM IV	19.4%	17.8%	21.4%	18.6%	21.4%
Expected Move	6.3%	5.1%	7.0%	5.1%	6.9%
HV 20d	19.5%	16.8%	21.7%	19.0%	20.8%
HV 60d	25.7%	23.1%	28.6%	28.6%	23.3%
IV Rank	13.8%	6.8%	22.2%	10.2%	22.2%
IV Percentile	24.2%	8.7%	41.3%	17.5%	41.3%
Term Structure	1.5%	-0.3%	6.0%	0.1%	6.0%
VWIV	22.6%	18.2%	25.1%	18.2%	23.9%
Skew 25d	2.8%	2.2%	3.6%	2.3%	2.8%
Skew 10d	5.7%	4.3%	7.5%	4.9%	6.1%
Call IV 25d	18.1%	16.8%	19.8%	17.7%	17.8%
Put IV 25d	20.8%	19.1%	22.9%	19.9%	20.6%
Bid-Ask Spread %	9.46	3.91	20.95	20.95	7.00
Gamma HHI	0.09	0.03	0.30	0.10	0.30
Net GEX	150.4M	-133.2M	353.3M	307.9M	-133.2M
Net DEX	-2.91B	-4.67B	-1.27B	-2.82B	-1.51B
Net VEX	-19.1M	-20.3M	-18.2M	-18.2M	-19.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.77	0.47	1.16	0.92	0.80
Total Volume	441,283.81	272,100	631,080	631,080	628,240
Total OI	2,815,755.238	2,242,860	3,251,780	3,034,080	2,928,080

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
2019-03-01	$57.09	$55.00	18.6%	5.1%	19.0%	10.2%	18.2%	2.3%	0.1%	307.9M	-2.82B	-18.2M	0.92	20.95	329,300	301,780	1,614,840	1,419,240
2019-03-04	$57.25	$55.00	19.6%	5.7%	19.0%	14.5%	20.7%	2.6%	0.0%	163.0M	-2.48B	-18.5M	0.72	17.53	235,840	168,840	1,458,580	1,318,160
2019-03-05	$58.37	$55.00	18.9%	5.3%	19.6%	11.4%	19.3%	2.6%	-0.0%	238.9M	-3.40B	-18.4M	0.81	19.78	196,340	158,160	1,521,600	1,379,500
2019-03-06	$57.86	$55.00	19.9%	5.7%	19.5%	15.8%	20.5%	2.5%	-0.0%	205.9M	-2.95B	-18.6M	0.70	17.31	207,940	145,580	1,553,600	1,419,140
2019-03-07	$57.05	$55.00	20.8%	6.1%	18.4%	19.7%	21.7%	2.8%	-0.1%	108.1M	-2.06B	-19.1M	1.15	18.86	156,080	179,560	1,610,500	1,457,880
2019-03-08	$57.07	$55.00	21.1%	6.0%	16.8%	21.0%	22.0%	3.2%	0.0%	74.8M	-2.02B	-19.2M	1.16	14.75	215,060	249,300	1,634,880	1,487,320
2019-03-11	$58.66	$55.50	18.8%	6.4%	19.0%	11.1%	23.2%	2.8%	0.2%	204.3M	-3.38B	-18.5M	0.96	3.91	174,600	167,860	1,476,700	1,375,800
2019-03-12	$59.85	$55.50	18.4%	6.3%	19.8%	9.1%	22.6%	2.2%	0.2%	281.6M	-4.52B	-18.3M	0.65	4.45	273,460	178,260	1,530,520	1,411,580
2019-03-13	$59.89	$55.50	17.9%	6.2%	18.5%	7.2%	23.3%	2.2%	0.0%	269.1M	-4.67B	-18.5M	0.80	4.70	211,440	169,100	1,583,720	1,488,140
2019-03-14	$59.39	$55.50	17.8%	6.3%	18.9%	6.8%	23.4%	2.2%	0.0%	186.8M	-4.06B	-18.8M	0.80	5.30	187,560	149,180	1,616,120	1,559,260
2019-03-15	$59.19	$55.50	17.9%	6.3%	19.0%	7.1%	22.6%	2.4%	0.1%	45.9M	-3.84B	-18.9M	0.74	5.98	343,340	253,680	1,664,720	1,587,060
2019-03-18	$59.20	$55.75	18.9%	6.4%	18.5%	11.6%	22.6%	2.8%	4.2%	94.5M	-2.34B	-19.1M	0.64	6.31	165,700	106,400	1,174,900	1,067,960
2019-03-19	$59.59	$55.75	18.6%	6.4%	18.6%	10.2%	22.2%	2.5%	0.1%	149.3M	-2.72B	-19.3M	0.47	5.76	271,080	128,380	1,243,180	1,112,240
2019-03-20	$61.10	$56.75	18.5%	6.4%	19.8%	9.9%	23.2%	2.7%	-0.0%	319.6M	-4.19B	-19.2M	0.67	6.77	374,720	249,480	1,365,120	1,160,520
2019-03-21	$61.49	$57.50	18.5%	6.4%	18.1%	9.8%	23.3%	2.9%	-0.1%	353.3M	-4.59B	-19.5M	0.57	6.80	364,280	208,540	1,409,480	1,251,800
2019-03-22	$60.36	$57.75	20.3%	6.8%	20.0%	17.7%	24.2%	3.5%	-0.3%	171.0M	-2.71B	-19.8M	0.84	6.84	336,900	282,060	1,437,920	1,337,960
2019-03-25	$59.81	$57.75	21.0%	7.0%	20.5%	20.6%	25.1%	3.6%	4.9%	77.7M	-2.38B	-19.9M	0.96	6.62	147,620	141,500	1,233,240	1,167,300
2019-03-26	$58.97	$58.00	20.3%	7.0%	21.5%	17.5%	24.4%	3.3%	5.1%	42.7M	-1.73B	-19.9M	0.51	5.83	247,840	127,040	1,292,760	1,236,780
2019-03-27	$58.73	$58.00	20.2%	7.0%	21.6%	17.0%	24.5%	3.1%	5.3%	28.5M	-1.51B	-20.2M	0.72	6.82	260,780	186,620	1,401,540	1,285,580
2019-03-28	$58.47	$58.00	21.0%	7.0%	21.7%	20.5%	24.3%	3.0%	5.6%	-30.5M	-1.27B	-20.3M	0.70	6.46	228,020	159,500	1,521,160	1,334,480
2019-03-29	$58.59	$57.75	21.4%	6.9%	20.8%	22.2%	23.9%	2.8%	6.0%	-133.2M	-1.51B	-19.6M	0.80	7.00	349,780	278,460	1,578,460	1,349,620