GOOG Options History — July 2020

In July 2020, GOOG traded between $72.10 and $78.41. ATM implied volatility averaged 35.7%, placing in the 34.7% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 8.6% (HV 20d: 27.1%). Max pain ranged from $70.00 to $75.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.58.

Notable Days

2020-07-31: Highest Volume — 1,111,860 contracts
2020-07-31: Largest IV drop — 16.6% change
2020-07-15: Highest IV Rank — 43.5%
2020-07-15: Largest Expected Move — 11.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$75.68	$72.10	$78.41	$72.10	$73.78
Max Pain	$73.02	$70.00	$75.00	$70.00	$75.00
ATM IV	35.7%	27.4%	41.3%	33.7%	27.4%
Expected Move	9.8%	6.9%	11.2%	7.2%	7.7%
HV 20d	27.1%	22.1%	30.6%	30.6%	25.7%
HV 60d	30.1%	24.2%	34.1%	34.0%	25.5%
IV Rank	34.7%	21.6%	43.5%	31.5%	21.6%
IV Percentile	81.0%	59.5%	88.9%	82.1%	59.5%
Term Structure	-1.4%	-2.1%	0.3%	-1.2%	0.3%
VWIV	34.9%	25.1%	39.8%	26.0%	27.5%
Skew 25d	2.9%	0.8%	5.7%	5.7%	2.0%
Skew 10d	5.2%	0.6%	11.7%	11.7%	3.4%
Call IV 25d	34.6%	26.6%	41.2%	31.1%	26.6%
Put IV 25d	37.6%	28.7%	43.0%	36.8%	28.7%
Bid-Ask Spread %	45.21	32.39	65.23	64.99	59.71
Gamma HHI	0.04	0.02	0.10	0.04	0.05
Net GEX	117.4M	-66.3M	251.6M	137.8M	-66.3M
Net DEX	-3.74B	-5.54B	-1.54B	-2.96B	-1.54B
Net VEX	-28.2M	-29.2M	-26.7M	-27.9M	-27.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.58	0.29	0.86	0.71	0.64
Total Volume	467,241.818	188,500	1,111,860	451,100	1,111,860
Total OI	2,867,022.727	2,553,560	3,230,760	2,714,780	3,230,760

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
2020-07-01	$72.10	$70.00	33.7%	7.2%	30.6%	31.5%	26.0%	5.7%	-1.2%	137.8M	-2.96B	-27.9M	0.71	64.99	263,920	187,180	1,340,120	1,374,660
2020-07-02	$73.45	$70.00	32.0%	6.9%	30.2%	28.8%	25.1%	5.2%	-1.0%	141.2M	-3.93B	-27.7M	0.41	65.23	582,420	237,780	1,375,860	1,433,820
2020-07-06	$74.60	$70.00	33.5%	8.8%	30.0%	31.2%	32.9%	5.3%	-1.0%	153.0M	-3.91B	-26.9M	0.58	32.87	376,500	216,900	1,292,540	1,261,020
2020-07-07	$74.38	$70.25	34.6%	9.2%	30.0%	33.0%	32.2%	5.4%	-1.5%	150.8M	-3.70B	-27.6M	0.41	33.32	280,380	113,640	1,349,560	1,312,740
2020-07-08	$74.70	$70.50	35.4%	9.4%	29.7%	34.2%	33.5%	5.2%	-1.4%	166.4M	-3.90B	-27.7M	0.37	32.39	193,440	71,360	1,407,760	1,345,660
2020-07-09	$75.62	$70.50	37.0%	9.8%	29.9%	36.8%	34.7%	5.5%	-1.5%	205.3M	-4.58B	-27.5M	0.46	33.52	342,700	157,440	1,424,020	1,360,540
2020-07-10	$76.82	$70.50	38.3%	10.2%	26.3%	38.8%	36.7%	1.9%	-1.9%	251.6M	-5.54B	-26.7M	0.31	47.60	529,040	163,080	1,471,600	1,402,080
2020-07-13	$76.13	$70.25	41.1%	11.1%	26.4%	43.3%	39.8%	0.8%	-1.6%	137.6M	-4.25B	-28.0M	0.29	42.31	594,000	174,620	1,392,220	1,267,920
2020-07-14	$75.47	$72.00	40.4%	10.9%	26.8%	42.1%	39.5%	1.5%	-1.9%	124.7M	-3.82B	-28.9M	0.71	40.01	197,800	140,340	1,578,260	1,329,680
2020-07-15	$75.69	$72.50	41.3%	11.2%	26.2%	43.5%	39.1%	1.8%	-2.0%	135.3M	-3.99B	-29.1M	0.75	38.75	345,760	258,920	1,622,860	1,380,980
2020-07-16	$75.72	$75.00	39.7%	11.0%	26.2%	41.0%	38.0%	1.9%	-2.1%	128.5M	-4.04B	-29.2M	0.46	38.75	269,800	124,660	1,683,740	1,451,100
2020-07-17	$75.95	$75.00	36.2%	10.0%	25.9%	35.6%	35.4%	0.9%	-2.0%	171.9M	-4.14B	-28.7M	0.52	42.12	277,380	144,600	1,679,060	1,483,060
2020-07-20	$78.41	$75.00	35.8%	10.1%	27.6%	34.9%	36.4%	1.2%	-1.5%	120.4M	-4.54B	-28.1M	0.56	44.40	263,880	148,260	1,412,920	1,245,660
2020-07-21	$78.20	$75.00	35.9%	10.2%	27.5%	35.1%	37.1%	1.6%	-1.4%	120.5M	-4.44B	-28.8M	0.58	43.72	185,540	107,880	1,463,980	1,316,100
2020-07-22	$78.21	$75.00	35.2%	10.1%	27.4%	33.9%	36.3%	2.2%	-1.4%	122.9M	-4.49B	-28.4M	0.72	44.66	115,980	83,380	1,502,540	1,363,700
2020-07-23	$75.86	$75.00	36.0%	10.4%	28.8%	35.3%	37.3%	2.5%	-1.9%	36.7M	-2.99B	-29.0M	0.69	43.92	284,680	197,840	1,529,000	1,396,640
2020-07-24	$75.44	$75.00	35.6%	10.3%	28.9%	34.6%	36.8%	3.0%	-1.3%	30.0M	-2.65B	-28.9M	0.81	43.58	213,360	173,700	1,600,800	1,450,960
2020-07-27	$76.56	$75.00	34.7%	10.3%	22.1%	33.2%	37.0%	3.2%	-0.4%	76.8M	-3.33B	-28.8M	0.86	47.05	101,460	87,040	1,415,780	1,342,700
2020-07-28	$75.18	$75.00	34.6%	10.2%	23.5%	33.0%	36.2%	2.8%	-1.0%	56.2M	-2.67B	-28.2M	0.57	49.16	134,220	76,620	1,452,020	1,383,240
2020-07-29	$76.03	$75.00	33.8%	10.0%	23.4%	31.7%	35.5%	3.0%	-1.3%	79.0M	-3.18B	-28.3M	0.63	50.64	152,280	95,700	1,500,600	1,427,180
2020-07-30	$76.60	$75.00	32.9%	9.7%	22.2%	30.2%	34.4%	2.0%	-0.6%	102.2M	-3.59B	-28.0M	0.81	55.86	277,820	224,160	1,547,960	1,471,100
2020-07-31	$73.78	$75.00	27.4%	7.7%	25.7%	21.6%	27.5%	2.0%	0.3%	-66.3M	-1.54B	-27.5M	0.64	59.71	676,240	435,620	1,632,640	1,598,120