GOOG Options History — March 2020

In March 2020, GOOG traded between $52.32 and $68.89. ATM implied volatility averaged 52.5%, placing in the 77.5% IV rank vs the trailing year. The 30-day expected move averaged 15.0%. IV traded below realized volatility by 0.4% (HV 20d: 52.9%). Max pain ranged from $63.50 to $71.75. Net GEX was positive for 2 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.79.

Notable Days

2020-03-13: Highest Volume — 542,600 contracts
2020-03-05: Largest IV spike — 39.4% change
2020-03-06: Highest IV Rank — 100.0%
2020-03-18: Largest Expected Move — 22.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$59.27	$52.32	$68.89	$68.53	$57.89
Max Pain	$68.14	$63.50	$71.75	$71.50	$63.50
ATM IV	52.5%	30.3%	77.0%	33.7%	48.3%
Expected Move	15.0%	8.9%	22.1%	9.9%	13.5%
HV 20d	52.9%	34.3%	70.7%	36.7%	67.4%
HV 60d	35.9%	24.5%	45.3%	24.6%	45.2%
IV Rank	77.5%	54.2%	100.0%	65.2%	54.7%
IV Percentile	98.3%	94.0%	100.0%	99.2%	94.0%
Term Structure	-1.2%	-3.6%	0.7%	-0.9%	-1.4%
VWIV	51.3%	32.8%	78.0%	35.5%	49.5%
Skew 25d	15.9%	8.9%	26.2%	9.6%	12.4%
Skew 10d	30.4%	19.6%	46.9%	19.8%	22.1%
Call IV 25d	44.4%	26.3%	61.3%	29.0%	42.2%
Put IV 25d	60.2%	35.2%	87.5%	38.6%	54.7%
Bid-Ask Spread %	50.95	30.59	69.60	47.01	69.60
Gamma HHI	0.02	0.02	0.04	0.02	0.02
Net GEX	-28.9M	-118.5M	34.5M	-35.9M	-1.7M
Net DEX	2.10B	-145.2M	3.77B	356.8M	1.01B
Net VEX	-22.9M	-26.7M	-17.6M	-26.0M	-22.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.79	0.56	1.33	0.85	0.62
Total Volume	389,193.636	270,740	542,600	337,220	394,380
Total OI	3,054,032.727	2,433,960	3,440,580	3,008,840	2,614,220

Daily Data (22 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
2020-03-02	$68.53	$71.50	33.7%	9.9%	36.7%	65.2%	35.5%	9.6%	-0.9%	-35.9M	356.8M	-26.0M	0.85	47.01	181,940	155,280	1,445,600	1,563,240
2020-03-03	$67.43	$71.50	35.6%	10.8%	34.3%	71.6%	36.3%	11.7%	-0.8%	-37.8M	979.8M	-26.3M	0.84	46.33	229,320	192,640	1,525,400	1,613,580
2020-03-04	$68.89	$71.25	30.3%	8.9%	34.6%	54.2%	32.8%	8.9%	0.4%	34.5M	-145.2M	-26.4M	0.64	53.98	165,520	105,220	1,623,220	1,662,080
2020-03-05	$65.75	$71.75	42.3%	11.4%	38.0%	93.2%	37.5%	13.7%	-1.3%	-66.5M	1.76B	-26.7M	0.83	30.59	217,560	180,420	1,653,540	1,691,160
2020-03-06	$64.27	$71.75	46.6%	12.3%	37.4%	100.0%	42.2%	17.7%	-1.9%	-118.5M	2.71B	-26.3M	0.83	38.50	280,560	232,980	1,702,940	1,733,820
2020-03-09	$61.60	$71.50	52.0%	14.1%	39.3%	100.0%	47.2%	17.3%	-2.4%	-56.1M	2.85B	-24.6M	1.33	43.78	150,960	200,700	1,458,020	1,586,840
2020-03-10	$63.19	$71.00	44.8%	12.4%	40.0%	81.2%	41.8%	14.4%	-1.6%	-46.9M	2.28B	-25.0M	0.88	46.41	186,400	163,360	1,518,100	1,604,600
2020-03-11	$60.89	$71.00	50.9%	13.9%	40.9%	97.1%	46.8%	16.3%	-2.7%	-40.7M	2.85B	-23.9M	0.65	45.01	245,700	159,680	1,596,840	1,625,540
2020-03-12	$56.62	$70.25	64.6%	17.8%	45.9%	100.0%	54.1%	21.9%	-3.6%	-56.1M	3.77B	-22.3M	0.89	43.46	235,240	208,840	1,694,540	1,627,520
2020-03-13	$58.78	$70.00	52.7%	14.7%	49.4%	76.6%	47.0%	21.4%	-2.2%	-47.6M	3.23B	-22.5M	0.83	60.56	296,900	245,700	1,764,980	1,640,060
2020-03-16	$54.85	$69.00	71.0%	20.0%	52.9%	100.0%	65.9%	22.8%	-2.1%	-26.2M	3.43B	-21.4M	0.80	44.65	194,140	156,040	1,624,640	1,512,460
2020-03-17	$55.80	$68.50	64.9%	18.5%	53.8%	89.4%	64.0%	21.5%	-0.3%	-28.3M	3.16B	-21.8M	0.58	48.40	212,360	123,100	1,689,420	1,533,680
2020-03-18	$53.19	$67.00	77.0%	22.1%	54.5%	100.0%	78.0%	26.2%	-2.3%	-35.0M	3.41B	-21.3M	0.86	44.82	192,400	165,560	1,761,240	1,545,940
2020-03-19	$57.06	$67.00	61.1%	17.5%	62.8%	74.8%	63.6%	20.1%	-1.2%	-3.6M	2.23B	-22.8M	0.65	60.36	276,420	179,720	1,825,800	1,542,460
2020-03-20	$54.24	$66.00	59.4%	17.2%	64.1%	72.2%	58.4%	16.9%	-2.0%	-25.5M	3.06B	-20.2M	0.78	49.95	269,940	211,400	1,878,860	1,561,720
2020-03-23	$52.32	$65.00	54.5%	16.1%	64.0%	64.5%	56.2%	15.2%	0.0%	-29.6M	2.54B	-17.6M	0.68	49.37	220,260	148,760	1,222,800	1,211,160
2020-03-24	$56.15	$65.00	51.3%	15.2%	70.7%	59.4%	52.6%	11.8%	-0.2%	-7.1M	1.57B	-20.3M	0.72	54.96	219,160	156,720	1,313,960	1,268,180
2020-03-25	$56.11	$64.50	54.3%	16.6%	70.6%	64.2%	53.9%	11.2%	-0.4%	-1.1M	1.46B	-21.0M	0.56	55.90	287,900	159,840	1,355,780	1,310,980
2020-03-26	$56.81	$64.00	51.9%	15.8%	69.7%	60.3%	54.6%	11.0%	0.6%	12.2M	1.19B	-21.4M	0.99	58.31	179,640	178,260	1,399,320	1,343,700
2020-03-27	$56.36	$64.00	55.1%	16.5%	69.6%	65.3%	56.6%	12.4%	0.7%	-8.0M	1.34B	-21.6M	0.96	61.57	168,520	161,560	1,433,500	1,396,300
2020-03-30	$57.29	$64.00	52.0%	15.2%	67.1%	60.5%	54.1%	14.7%	-1.9%	-9.5M	1.23B	-21.7M	0.66	67.30	163,780	107,480	1,275,000	1,235,980
2020-03-31	$57.89	$63.50	48.3%	13.5%	67.4%	54.7%	49.5%	12.4%	-1.4%	-1.7M	1.01B	-22.0M	0.62	69.60	244,160	150,220	1,340,280	1,273,940