GOOG Options History — November 2020

In November 2020, GOOG traded between $81.05 and $89.30. ATM implied volatility averaged 27.3%, placing in the 21.5% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded below realized volatility by 7.0% (HV 20d: 34.3%). Max pain ranged from $73.75 to $77.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.73.

Notable Days

  • 2020-11-04: Highest Volume — 783,240 contracts
  • 2020-11-04: Largest IV drop — 14.8% change
  • 2020-11-02: Highest IV Rank — 37.1%
  • 2020-11-02: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$87.55$81.05$89.30$81.05$88.13
Max Pain$75.38$73.75$77.50$73.75$77.50
ATM IV27.3%24.8%37.2%37.2%25.7%
Expected Move8.0%7.0%11.4%11.4%7.4%
HV 20d34.3%24.6%37.7%35.2%25.0%
HV 60d33.6%30.6%34.3%32.3%30.6%
IV Rank21.5%17.5%37.1%37.1%18.9%
IV Percentile35.5%20.6%73.4%73.4%28.6%
Term Structure0.3%-0.4%1.3%-0.4%1.3%
VWIV29.3%25.2%41.1%41.1%26.9%
Skew 25d3.9%2.6%7.7%7.6%2.7%
Skew 10d7.6%4.7%13.3%13.3%5.4%
Call IV 25d25.6%23.4%33.0%33.0%24.5%
Put IV 25d29.6%26.3%40.6%40.6%27.1%
Bid-Ask Spread %58.0946.8269.5648.4069.56
Gamma HHI0.080.030.610.060.04
Net GEX505.5M246.0M1.67B353.4M300.0M
Net DEX-14.36B-17.46B-10.17B-10.17B-11.72B
Net VEX-41.7M-51.0M-36.9M-51.0M-36.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.730.421.070.460.83
Total Volume403,951224,700783,240455,300276,740
Total OI5,169,1504,328,5805,578,9805,263,7204,565,660

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-11-02$81.05$73.7537.2%11.4%35.2%37.1%41.1%7.6%-0.4%353.4M-10.17B-51.0M0.4648.40310,840144,4603,217,3402,046,380
2020-11-03$83.03$73.7535.4%11.0%34.8%34.3%40.5%7.7%0.0%397.1M-12.35B-49.5M0.8853.54158,380139,2003,217,3402,046,380
2020-11-04$87.14$77.5030.2%9.0%37.7%26.0%33.2%5.2%0.4%482.3M-15.79B-45.1M0.5855.84495,740287,5003,122,2402,136,520
2020-11-05$88.17$75.0030.0%8.9%37.6%25.7%32.0%5.4%0.5%487.1M-17.01B-45.0M0.6046.82376,960225,2203,218,7202,215,100
2020-11-06$88.44$75.0026.6%8.0%37.5%20.4%28.7%4.3%1.3%521.9M-17.46B-44.9M0.5949.43344,080204,0403,282,0002,296,980
2020-11-09$89.17$75.0025.5%7.4%35.6%18.6%27.8%2.9%0.0%524.8M-17.15B-41.0M0.8860.15225,160197,1603,114,5602,088,560
2020-11-10$86.96$75.0027.3%7.9%37.3%21.4%29.1%4.4%0.3%421.5M-14.38B-43.3M0.6752.46255,280169,9203,170,6602,182,320
2020-11-11$87.85$75.0026.9%7.9%37.2%20.7%29.9%3.8%0.6%447.1M-15.07B-42.6M1.0254.18136,100138,8403,138,4802,244,020
2020-11-12$87.49$75.0028.1%8.2%37.1%22.6%30.8%4.5%0.5%407.7M-14.48B-43.4M0.9752.01115,340112,4003,164,9602,291,020
2020-11-13$89.01$75.0026.8%7.8%37.4%20.6%29.1%3.9%0.6%645.3M-16.66B-40.5M0.6957.83281,440195,1003,166,3202,317,680
2020-11-16$89.11$75.0024.9%7.2%35.2%17.7%27.7%2.7%0.3%486.7M-16.42B-38.9M0.9361.64163,200151,5603,008,8402,169,440
2020-11-17$88.69$75.0025.1%7.2%35.2%18.0%27.3%2.6%0.2%482.0M-15.97B-39.1M1.0762.13108,460116,2403,041,9002,241,800
2020-11-18$87.59$75.0024.9%7.1%35.2%17.6%25.9%2.8%0.2%464.8M-14.64B-40.2M0.8262.09157,100129,4203,076,9202,301,360
2020-11-19$88.31$75.0025.6%7.3%35.1%18.7%27.7%3.4%-0.1%522.0M-15.54B-40.0M0.4363.81267,580114,0403,116,2002,343,840
2020-11-20$87.41$75.0025.8%7.4%35.4%19.0%26.6%2.9%0.3%1.67B-14.12B-40.0M0.5062.44350,780173,8603,128,1802,389,500
2020-11-23$86.99$75.0025.4%7.2%33.3%18.4%25.2%3.2%-0.2%246.0M-10.34B-37.9M0.4258.86345,260144,5002,431,8401,896,740
2020-11-24$88.49$76.0025.3%7.2%33.5%18.2%26.0%3.0%-0.1%367.8M-12.11B-39.4M0.9160.91178,320162,0002,610,2601,972,780
2020-11-25$88.67$77.0024.8%7.0%26.6%17.5%25.6%3.1%0.2%390.0M-12.42B-38.8M0.9862.57147,640144,9002,636,1802,037,160
2020-11-27$89.30$77.0024.9%7.2%24.6%17.7%25.6%2.6%0.6%492.4M-13.31B-37.2M0.4567.19298,800135,4602,664,5202,072,300
2020-11-30$88.13$77.5025.7%7.4%25.0%18.9%26.9%2.7%1.3%300.0M-11.72B-36.9M0.8369.56151,400125,3402,603,5001,962,160