GOOG Options History — January 2020

In January 2020, GOOG traded between $68.20 and $74.51. ATM implied volatility averaged 23.7%, placing in the 54.2% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 9.1% (HV 20d: 14.7%). Max pain ranged from $61.00 to $71.50. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.81.

Notable Days

2020-01-17: Highest Volume — 1,213,380 contracts
2020-01-31: Largest IV spike — 24.1% change
2020-01-31: Highest IV Rank — 99.6%
2020-01-31: Largest Expected Move — 9.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$71.85	$68.20	$74.51	$68.24	$71.58
Max Pain	$68.60	$61.00	$71.50	$61.00	$71.50
ATM IV	23.7%	18.5%	31.9%	18.5%	31.9%
Expected Move	6.7%	4.5%	9.9%	4.7%	9.9%
HV 20d	14.7%	11.8%	18.2%	13.5%	17.6%
HV 60d	14.8%	14.4%	15.2%	15.2%	14.5%
IV Rank	54.2%	19.7%	99.6%	19.7%	99.6%
IV Percentile	65.9%	25.0%	99.6%	25.0%	99.6%
Term Structure	-0.6%	-1.8%	4.4%	4.4%	-1.6%
VWIV	23.9%	16.3%	34.7%	17.0%	34.7%
Skew 25d	2.8%	1.4%	3.7%	2.2%	3.2%
Skew 10d	5.5%	2.6%	7.4%	4.4%	6.4%
Call IV 25d	22.5%	16.0%	30.4%	16.6%	30.4%
Put IV 25d	25.2%	18.7%	33.7%	18.8%	33.7%
Bid-Ask Spread %	42.33	34.06	59.34	53.36	44.15
Gamma HHI	0.09	0.03	0.24	0.06	0.04
Net GEX	246.1M	-375.4M	612.1M	444.3M	-40.8M
Net DEX	-5.93B	-10.63B	-1.19B	-5.76B	-1.19B
Net VEX	-19.4M	-23.5M	-17.6M	-17.6M	-23.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.81	0.44	1.25	1.01	0.65
Total Volume	649,243.81	314,700	1,213,380	523,800	1,008,320
Total OI	3,481,163.81	2,445,620	4,355,600	3,487,880	3,178,800

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
2020-01-02	$68.24	$61.00	18.5%	4.7%	13.5%	19.7%	17.0%	2.2%	4.4%	444.3M	-5.76B	-17.6M	1.01	53.36	260,820	262,980	1,712,460	1,775,420
2020-01-03	$68.20	$61.00	18.9%	4.5%	11.8%	21.2%	16.3%	2.8%	3.9%	612.1M	-5.66B	-18.0M	0.84	59.34	355,780	297,860	1,765,260	1,873,360
2020-01-06	$69.70	$67.50	22.0%	6.3%	13.8%	44.3%	23.2%	3.5%	-0.4%	329.6M	-6.90B	-17.6M	0.69	38.31	463,840	322,360	1,693,940	1,785,660
2020-01-07	$69.75	$67.25	22.3%	6.3%	13.2%	46.0%	22.7%	3.1%	-0.5%	397.5M	-7.18B	-17.9M	0.85	37.05	266,940	227,080	1,813,780	1,902,440
2020-01-08	$70.43	$67.50	22.4%	6.0%	13.5%	47.7%	21.3%	3.3%	-1.2%	403.3M	-8.18B	-17.9M	0.81	38.86	293,260	238,660	1,868,540	1,991,420
2020-01-09	$70.95	$67.50	21.4%	5.8%	13.4%	42.3%	20.4%	3.2%	-0.6%	421.6M	-8.88B	-17.8M	1.01	42.20	347,940	350,180	1,920,220	2,076,180
2020-01-10	$71.45	$67.50	22.5%	6.0%	13.5%	48.0%	21.4%	3.0%	-0.9%	479.5M	-9.47B	-17.7M	1.25	41.36	432,060	541,400	1,979,680	2,231,300
2020-01-13	$71.90	$67.75	22.6%	6.1%	13.5%	48.8%	21.8%	3.1%	-1.0%	238.0M	-8.30B	-18.1M	0.85	41.11	256,320	217,220	1,810,620	2,016,620
2020-01-14	$71.81	$68.00	22.1%	6.0%	13.6%	45.8%	21.7%	3.2%	-1.1%	262.5M	-8.28B	-18.6M	1.01	42.53	156,480	158,220	1,900,040	2,105,200
2020-01-15	$71.81	$68.25	22.5%	6.1%	13.5%	48.4%	21.6%	2.8%	-1.3%	269.3M	-8.24B	-18.6M	1.24	43.15	182,860	226,400	1,925,160	2,155,360
2020-01-16	$72.38	$68.50	22.0%	6.0%	13.3%	45.6%	21.2%	3.3%	-1.6%	387.7M	-9.01B	-18.8M	1.03	46.47	224,420	231,200	1,961,340	2,269,320
2020-01-17	$73.88	$69.00	23.0%	6.2%	14.5%	51.0%	22.7%	3.7%	-1.8%	362.3M	-10.63B	-18.1M	0.71	45.02	709,780	503,600	1,984,980	2,370,620
2020-01-21	$74.29	$70.00	24.9%	7.1%	14.4%	61.6%	25.1%	2.1%	-1.3%	229.2M	-4.74B	-18.8M	0.58	34.52	524,640	306,940	1,176,100	1,269,520
2020-01-22	$74.47	$70.75	24.6%	7.0%	14.2%	59.6%	25.0%	2.1%	-1.3%	414.6M	-5.15B	-19.9M	0.74	35.18	458,020	339,040	1,410,120	1,445,920
2020-01-23	$74.51	$71.00	26.4%	7.6%	14.0%	69.8%	27.1%	1.4%	-1.4%	189.7M	-4.76B	-20.3M	0.49	34.06	300,600	146,700	1,431,840	1,557,700
2020-01-24	$73.40	$71.00	26.7%	7.8%	15.5%	71.3%	26.9%	1.9%	-1.2%	-375.4M	-2.77B	-21.0M	0.60	37.92	724,800	437,080	1,552,360	1,606,800
2020-01-27	$71.73	$71.50	27.8%	8.2%	18.1%	77.1%	29.1%	2.9%	-0.6%	-50.6M	-1.48B	-21.3M	0.83	40.26	255,680	212,000	1,288,200	1,404,880
2020-01-28	$72.70	$71.25	25.4%	7.7%	18.2%	64.0%	27.3%	2.1%	-0.4%	44.2M	-2.54B	-21.6M	0.44	42.37	298,160	130,420	1,384,080	1,459,880
2020-01-29	$73.05	$71.25	24.9%	7.6%	17.4%	61.5%	26.8%	2.6%	-0.8%	124.0M	-2.99B	-21.7M	0.55	47.66	293,300	159,980	1,448,080	1,508,200
2020-01-30	$72.69	$71.50	25.7%	7.9%	17.6%	65.6%	27.8%	2.8%	-0.8%	25.7M	-2.38B	-22.6M	0.82	44.08	281,120	229,660	1,513,320	1,579,720
2020-01-31	$71.58	$71.50	31.9%	9.9%	17.6%	99.6%	34.7%	3.2%	-1.6%	-40.8M	-1.19B	-23.5M	0.65	44.15	609,680	398,640	1,586,060	1,592,740