GOOG Options History — December 2019

In December 2019, GOOG traded between $64.71 and $68.09. ATM implied volatility averaged 15.9%, placing in the 6.0% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded above realized volatility by 3.4% (HV 20d: 12.5%). Max pain ranged from $58.50 to $63.25. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 0.74.

Notable Days

2019-12-06: Highest Volume — 627,860 contracts
2019-12-13: Largest IV drop — 11.1% change
2019-12-31: Highest IV Rank — 20.2%
2019-12-03: Largest Expected Move — 5.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$67.06	$64.71	$68.09	$64.71	$66.75
Max Pain	$60.39	$58.50	$63.25	$63.25	$61.00
ATM IV	15.9%	13.7%	18.7%	16.6%	18.7%
Expected Move	4.5%	3.9%	5.3%	5.0%	4.6%
HV 20d	12.5%	10.6%	14.3%	13.9%	11.3%
HV 60d	16.6%	14.6%	17.5%	17.2%	14.6%
IV Rank	6.0%	0.0%	20.2%	5.8%	20.2%
IV Percentile	6.9%	0.0%	26.2%	7.1%	26.2%
Term Structure	1.2%	0.3%	3.5%	0.5%	3.5%
VWIV	16.4%	14.1%	19.4%	17.5%	16.0%
Skew 25d	2.7%	2.0%	3.4%	3.3%	2.6%
Skew 10d	5.6%	4.1%	7.7%	6.4%	5.3%
Call IV 25d	14.6%	12.8%	17.4%	15.4%	17.4%
Put IV 25d	17.3%	15.1%	20.1%	18.6%	20.0%
Bid-Ask Spread %	54.52	47.26	60.17	60.17	50.35
Gamma HHI	0.08	0.04	0.29	0.05	0.04
Net GEX	353.9M	73.4M	764.9M	119.6M	73.4M
Net DEX	-5.38B	-7.19B	-3.37B	-3.37B	-3.57B
Net VEX	-18.3M	-20.0M	-16.8M	-19.5M	-17.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.74	0.39	1.34	0.87	0.78
Total Volume	366,859.048	129,960	627,860	297,360	264,220
Total OI	3,644,601.905	3,187,740	4,011,060	3,350,920	3,415,580

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
2019-12-02	$64.71	$63.25	16.6%	5.0%	13.9%	5.8%	17.5%	3.3%	0.5%	119.6M	-3.37B	-19.5M	0.87	60.17	159,420	137,940	1,659,020	1,691,900
2019-12-03	$64.77	$63.25	17.6%	5.3%	12.5%	10.3%	19.4%	3.4%	0.7%	143.2M	-3.49B	-20.0M	0.57	59.98	192,280	110,480	1,718,300	1,747,980
2019-12-04	$66.07	$63.25	17.5%	5.1%	14.3%	9.6%	18.8%	2.9%	0.4%	320.8M	-5.20B	-19.6M	0.80	59.07	306,500	245,240	1,761,140	1,794,680
2019-12-05	$66.33	$58.50	16.6%	5.1%	14.3%	5.9%	18.0%	3.1%	0.6%	335.6M	-5.48B	-19.7M	0.96	48.65	188,960	181,160	1,834,600	1,880,100
2019-12-06	$67.19	$58.50	15.4%	4.7%	14.1%	0.8%	16.9%	3.0%	0.8%	534.0M	-6.79B	-18.4M	0.93	53.51	325,880	301,980	1,864,660	1,931,580
2019-12-09	$67.36	$58.50	16.4%	4.9%	14.1%	5.1%	17.5%	3.0%	0.3%	328.7M	-6.13B	-18.6M	1.34	55.46	205,940	276,980	1,761,820	1,827,840
2019-12-10	$67.09	$59.00	16.0%	4.8%	13.7%	3.4%	18.7%	2.8%	0.8%	253.8M	-5.66B	-19.0M	0.90	55.21	127,320	114,700	1,819,940	1,926,760
2019-12-11	$67.23	$59.00	16.1%	4.8%	13.7%	3.9%	17.7%	3.1%	0.8%	261.0M	-5.85B	-18.6M	0.49	55.04	123,260	60,320	1,845,260	1,977,900
2019-12-12	$67.50	$59.00	16.5%	4.8%	13.7%	5.4%	18.4%	3.2%	0.4%	411.1M	-6.28B	-18.8M	0.91	59.44	187,820	170,960	1,894,040	1,992,260
2019-12-13	$67.49	$60.00	14.6%	4.3%	13.5%	0.0%	15.7%	2.6%	0.6%	764.9M	-6.57B	-17.6M	0.41	57.46	365,360	149,880	1,921,220	2,043,640
2019-12-16	$68.09	$60.00	13.8%	4.0%	12.4%	0.0%	14.1%	2.3%	0.7%	580.6M	-7.19B	-16.8M	0.80	56.03	253,300	203,440	1,865,900	1,834,340
2019-12-17	$67.80	$60.00	13.8%	4.0%	12.0%	0.2%	14.2%	2.2%	1.0%	592.2M	-6.72B	-17.1M	0.83	52.13	182,640	151,460	1,931,080	1,918,960
2019-12-18	$67.68	$60.00	13.7%	3.9%	12.0%	0.0%	14.3%	2.3%	0.5%	596.8M	-6.45B	-17.6M	0.56	58.62	154,440	86,760	1,973,640	1,989,400
2019-12-19	$67.69	$60.00	14.3%	4.1%	10.9%	2.3%	14.7%	2.1%	0.9%	624.2M	-6.40B	-17.8M	0.39	58.89	212,980	82,500	1,993,560	2,017,500
2019-12-20	$67.56	$60.00	14.4%	4.1%	11.0%	2.6%	15.0%	2.0%	0.5%	558.9M	-5.78B	-17.8M	0.70	56.81	291,420	203,460	1,962,720	2,039,320
2019-12-23	$67.37	$61.00	14.4%	4.1%	10.7%	2.7%	14.1%	2.3%	1.9%	154.2M	-4.39B	-17.5M	0.72	51.19	192,600	138,040	1,539,460	1,648,280
2019-12-24	$67.17	$61.00	15.2%	4.2%	10.6%	5.9%	14.9%	2.5%	2.4%	85.5M	-4.12B	-18.2M	0.67	49.62	78,000	51,960	1,635,620	1,708,560
2019-12-26	$67.93	$61.00	16.1%	4.4%	11.0%	9.5%	15.6%	2.6%	2.1%	415.7M	-5.26B	-17.7M	0.62	47.26	266,360	164,720	1,664,920	1,728,540
2019-12-27	$67.56	$61.00	17.1%	4.5%	11.3%	13.9%	15.6%	3.0%	2.1%	185.0M	-4.55B	-17.9M	0.59	52.61	276,660	162,520	1,719,620	1,787,300
2019-12-30	$66.87	$61.00	18.5%	4.7%	11.9%	19.5%	16.7%	3.0%	3.0%	93.8M	-3.74B	-18.0M	0.75	47.39	202,600	151,580	1,598,180	1,669,520
2019-12-31	$66.75	$61.00	18.7%	4.6%	11.3%	20.2%	16.0%	2.6%	3.5%	73.4M	-3.57B	-17.9M	0.78	50.35	148,480	115,740	1,677,860	1,737,720