GOOG Options History — May 2020

In May 2020, GOOG traded between $66.12 and $71.52. ATM implied volatility averaged 27.6%, placing in the 22.0% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded below realized volatility by 15.4% (HV 20d: 43.1%). Max pain ranged from $62.00 to $66.00. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.82.

Notable Days

  • 2020-05-01: Highest Volume — 526,160 contracts
  • 2020-05-13: Largest IV spike — 20.4% change
  • 2020-05-13: Highest IV Rank — 28.7%
  • 2020-05-01: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$69.10$66.12$71.52$66.24$71.52
Max Pain$65.15$62.00$66.00$62.00$66.00
ATM IV27.6%25.4%31.9%31.2%25.8%
Expected Move7.9%7.2%9.3%9.3%7.2%
HV 20d43.1%21.1%56.0%56.0%21.1%
HV 60d55.0%53.0%56.0%55.2%53.0%
IV Rank22.0%18.5%28.7%27.6%19.1%
IV Percentile72.1%63.5%82.5%82.1%65.1%
Term Structure0.2%-0.3%1.1%-0.3%0.0%
VWIV28.3%25.7%32.9%32.9%25.7%
Skew 25d5.9%5.0%7.1%6.4%5.6%
Skew 10d12.1%9.9%14.3%12.0%12.9%
Call IV 25d24.8%22.7%28.6%28.2%23.2%
Put IV 25d30.7%27.6%35.6%34.6%28.8%
Bid-Ask Spread %55.5249.3466.8766.8758.96
Gamma HHI0.050.020.140.030.13
Net GEX82.7M-39.3M171.8M11.2M161.5M
Net DEX-2.59B-3.57B-1.42B-1.91B-3.28B
Net VEX-27.5M-28.6M-26.7M-26.9M-27.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.531.421.321.42
Total Volume357,805223,620526,160526,160455,220
Total OI2,990,0632,739,9603,269,6803,239,3003,046,200

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-05-01$66.24$62.0031.2%9.3%56.0%27.6%32.9%6.4%-0.3%11.2M-1.91B-26.9M1.3266.87226,480299,6801,568,7601,670,540
2020-05-04$66.12$64.7530.6%8.9%54.1%26.7%31.9%6.1%0.4%11.6M-1.47B-26.7M1.1350.49105,580119,4001,397,3401,485,880
2020-05-05$67.75$64.7528.8%8.4%47.1%23.8%28.7%5.7%0.4%61.0M-2.42B-26.7M0.5457.49327,120177,6601,424,8001,533,960
2020-05-06$67.60$64.7528.7%8.4%47.0%23.6%29.7%6.0%0.1%78.4M-2.33B-27.6M0.5356.22170,14090,5201,507,5401,563,020
2020-05-07$68.36$65.0027.9%8.1%47.1%22.5%28.1%5.6%0.2%134.8M-2.80B-27.6M0.7254.72174,460125,0801,535,2401,581,420
2020-05-08$69.45$65.0025.4%7.5%47.1%18.5%26.6%5.0%-0.2%171.8M-3.57B-27.3M0.7053.23249,720174,7001,536,8801,613,340
2020-05-11$70.37$65.0025.8%7.4%47.1%19.1%27.2%5.2%0.1%105.7M-3.49B-27.1M0.5950.33183,940107,8401,430,6801,430,100
2020-05-12$69.22$65.0026.5%7.6%44.3%20.1%27.7%5.1%0.0%86.6M-2.89B-27.2M0.6353.96186,860117,8201,481,0201,472,740
2020-05-13$66.98$65.0031.9%9.1%46.1%28.7%31.4%7.1%-0.1%-7.1M-1.42B-28.0M0.9949.34219,400218,2201,528,0801,537,840
2020-05-14$67.22$65.0031.4%9.0%45.8%27.9%32.5%6.6%-0.0%-39.3M-1.49B-28.6M0.7350.80204,580149,2401,574,6801,614,360
2020-05-15$68.55$65.0028.6%8.2%45.6%23.5%29.5%6.6%-0.1%106.4M-2.64B-28.4M0.5852.60314,920183,3801,612,3001,657,380
2020-05-18$69.41$65.2526.3%7.5%45.3%19.8%27.2%5.5%0.6%80.5M-2.31B-27.9M0.7255.03154,280110,5001,355,4001,384,560
2020-05-19$69.08$65.5027.3%7.8%42.7%21.4%28.6%5.9%-0.0%73.2M-2.14B-27.9M0.8055.79124,38099,2401,387,3201,419,740
2020-05-20$70.43$65.5025.7%7.4%41.0%18.9%26.9%5.9%0.5%134.7M-3.01B-27.6M0.8457.97193,980162,1001,414,3601,449,900
2020-05-21$70.30$65.7526.8%7.7%41.1%20.7%26.7%6.3%0.7%120.2M-2.85B-27.9M1.0754.50144,940154,8801,446,4601,496,540
2020-05-22$70.51$65.7525.7%7.3%41.1%18.9%26.7%6.3%1.1%149.5M-3.13B-27.5M0.8357.61201,200167,1401,466,5801,530,040
2020-05-26$70.91$66.0025.7%7.2%41.0%18.9%26.2%5.8%0.1%96.3M-2.97B-27.1M0.8460.14250,940209,6601,364,9201,390,820
2020-05-27$70.98$66.0026.1%7.3%38.7%19.6%26.4%5.8%0.1%53.6M-2.82B-27.5M0.6756.72158,680107,1001,436,1801,482,940
2020-05-28$71.06$66.0026.3%7.4%22.2%19.9%25.7%6.1%0.2%64.5M-2.96B-27.3M0.7057.63197,320137,8001,462,6401,508,760
2020-05-29$71.52$66.0025.8%7.2%21.1%19.1%25.7%5.6%0.0%161.5M-3.28B-27.8M1.4258.96188,460266,7601,491,0201,555,180