GOOG Options History — February 2021

In February 2021, GOOG traded between $95.08 and $106.47. ATM implied volatility averaged 27.4%, placing in the 14.1% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded below realized volatility by 13.0% (HV 20d: 40.4%). Max pain ranged from $82.50 to $86.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 16 of 19 days. Put/call ratio averaged 0.89.

Notable Days

  • 2021-02-03: Highest Volume — 1,508,940 contracts
  • 2021-02-25: Largest IV spike — 22.0% change
  • 2021-02-01: Highest IV Rank — 30.6%
  • 2021-02-01: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$103.62$95.08$106.47$95.08$102.92
Max Pain$84.95$82.50$86.00$85.00$86.00
ATM IV27.4%24.3%35.7%35.7%29.8%
Expected Move8.0%6.9%10.9%10.9%8.5%
HV 20d40.4%33.7%44.7%36.7%33.7%
HV 60d29.3%25.9%30.2%27.4%29.9%
IV Rank14.1%5.7%30.6%30.6%11.1%
IV Percentile23.5%1.6%64.7%64.7%40.9%
Term Structure0.4%-0.5%1.1%-0.5%0.4%
VWIV29.1%24.9%38.5%38.5%28.9%
Skew 25d2.6%1.1%6.5%2.8%5.2%
Skew 10d5.4%1.5%14.0%5.5%11.2%
Call IV 25d26.6%23.5%34.8%34.8%27.7%
Put IV 25d29.2%25.7%37.5%37.5%32.9%
Bid-Ask Spread %56.5946.5868.8049.4053.71
Gamma HHI0.070.030.180.040.04
Net GEX205.7M8.0M409.5M215.9M39.0M
Net DEX-12.68B-16.51B-7.15B-9.15B-8.33B
Net VEX-36.1M-40.7M-31.4M-37.3M-38.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.611.670.610.75
Total Volume497,948.421228,1001,508,940431,080415,000
Total OI3,880,0803,321,2604,312,2203,416,5403,694,140

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-02-01$95.08$85.0035.7%10.9%36.7%30.6%38.5%2.8%-0.5%215.9M-9.15B-37.3M0.6149.40267,340163,7401,924,3201,492,220
2021-02-02$96.81$85.0032.4%9.9%36.7%25.0%35.0%1.8%-0.2%256.0M-10.63B-36.0M1.6763.19425,180708,4001,986,6001,544,800
2021-02-03$104.42$85.0028.6%8.0%44.3%18.6%29.4%1.1%0.2%314.8M-16.51B-31.4M0.7961.53841,240667,7002,149,7401,767,660
2021-02-04$103.19$82.5026.3%7.9%44.7%14.7%29.1%1.3%0.8%167.5M-14.74B-34.0M0.8548.27326,180277,8202,215,7801,962,140
2021-02-05$104.63$83.0024.7%7.4%44.2%12.0%26.2%1.5%0.8%348.6M-16.16B-33.3M0.6746.58454,740303,3402,277,2602,034,960
2021-02-08$104.21$83.0025.9%7.5%44.4%14.0%27.6%1.8%0.3%226.2M-14.24B-34.2M0.7057.06234,000164,0402,110,0801,690,120
2021-02-09$104.79$83.0025.6%7.5%43.2%13.5%27.1%1.7%0.5%280.3M-14.91B-34.7M1.3855.70122,000167,7602,199,3001,774,620
2021-02-10$104.57$83.0026.1%7.6%42.7%14.4%28.4%1.8%0.5%251.0M-14.61B-35.6M0.9053.95191,360171,5802,237,3801,862,980
2021-02-11$104.76$85.0025.8%7.5%42.8%13.9%29.3%2.2%0.5%300.0M-14.83B-35.7M0.8454.46184,120155,2602,283,7401,926,640
2021-02-12$105.25$85.5024.7%7.3%42.4%12.0%26.9%1.5%1.1%409.5M-15.32B-35.5M0.7862.99221,260172,7202,295,2601,971,540
2021-02-16$106.10$86.0026.5%7.6%42.2%15.1%28.6%2.1%0.2%222.1M-14.40B-35.6M1.0268.80291,800297,4602,107,5601,780,620
2021-02-17$106.45$86.0026.0%7.5%41.6%14.1%26.3%2.2%0.5%202.1M-14.63B-36.3M0.7159.77133,06095,0402,167,2001,934,380
2021-02-18$106.47$86.0025.0%7.2%38.0%12.4%26.9%2.7%0.4%222.9M-14.63B-36.4M0.8261.63165,140135,0002,211,9201,973,740
2021-02-19$105.31$86.0024.3%6.9%38.4%9.5%24.9%2.4%0.9%200.2M-13.89B-36.6M0.7561.41243,200181,8202,239,9402,025,420
2021-02-22$103.53$86.0026.4%7.4%39.2%8.5%27.7%3.2%0.3%34.3M-8.56B-37.6M0.8955.90151,340134,3201,726,6801,594,580
2021-02-23$103.68$86.0026.9%7.7%39.0%5.7%27.5%4.2%0.4%65.0M-8.55B-38.6M0.9559.78205,860195,8401,786,5001,650,360
2021-02-24$104.63$86.0027.2%7.7%38.8%6.1%27.1%3.8%0.3%145.1M-9.58B-37.6M0.7448.72141,520105,1801,833,7401,694,060
2021-02-25$101.89$86.0033.1%9.8%34.4%17.3%36.4%6.5%-0.3%8.0M-7.15B-40.7M1.0052.30175,080174,5801,862,0201,731,520
2021-02-26$102.92$86.0029.8%8.5%33.7%11.1%28.9%5.2%0.4%39.0M-8.33B-38.9M0.7553.71237,200177,8001,918,6401,775,500