GOOG Options History — March 2021

In March 2021, GOOG traded between $101.28 and $106.01. ATM implied volatility averaged 28.0%, placing in the 9.4% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 1.5% (HV 20d: 26.4%). Max pain ranged from $86.00 to $103.00. Net GEX was positive for 19 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 1.01.

Notable Days

  • 2021-03-19: Highest Volume — 768,860 contracts
  • 2021-03-18: Largest IV spike — 11.7% change
  • 2021-03-30: Highest IV Rank — 21.1%
  • 2021-03-04: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$103.20$101.28$106.01$104.05$103.67
Max Pain$99.58$86.00$103.00$86.00$102.50
ATM IV28.0%24.1%31.9%26.5%30.0%
Expected Move7.7%6.4%9.0%7.4%6.4%
HV 20d26.4%17.7%33.0%33.0%25.6%
HV 60d31.2%29.6%32.1%29.7%31.5%
IV Rank9.4%0.6%21.1%4.9%19.6%
IV Percentile31.5%0.4%50.0%22.2%49.2%
Term Structure1.2%-0.7%4.7%0.1%-0.5%
VWIV28.2%24.0%33.4%27.2%24.0%
Skew 25d4.7%3.7%7.2%4.1%4.2%
Skew 10d10.5%8.8%15.3%9.6%9.5%
Call IV 25d26.2%22.9%30.1%25.1%28.7%
Put IV 25d30.9%26.6%36.5%29.2%32.8%
Bid-Ask Spread %40.2727.5457.0457.0447.75
Gamma HHI0.040.020.130.050.06
Net GEX82.8M-241.7M397.8M145.5M272.4M
Net DEX-7.29B-10.99B-3.42B-9.23B-6.05B
Net VEX-38.0M-40.4M-36.1M-36.9M-36.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.010.601.590.841.07
Total Volume396,942.609208,320768,860312,260408,660
Total OI3,649,623.4783,029,2004,231,5203,420,2403,526,080

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-03-01$104.05$86.0026.5%7.4%33.0%4.9%27.2%4.1%0.1%145.5M-9.23B-36.9M0.8457.04170,000142,2601,789,4601,630,780
2021-03-02$104.16$86.0026.4%7.4%31.6%4.7%26.2%3.8%0.1%171.7M-9.26B-38.0M1.2155.12132,500159,7601,851,6401,695,280
2021-03-03$102.04$86.0029.0%8.5%32.4%9.6%31.3%5.3%-0.1%14.3M-7.43B-39.5M1.2250.57173,240211,2201,884,7401,788,680
2021-03-04$102.70$99.0031.9%9.0%17.7%15.0%32.5%7.2%-0.5%45.9M-7.83B-40.4M0.8627.54268,260229,4001,920,6001,875,300
2021-03-05$105.39$100.0029.1%8.2%19.5%9.8%29.9%5.4%-0.3%397.8M-10.48B-37.7M0.7338.71293,160214,7001,938,6401,885,340
2021-03-08$101.92$100.0031.6%9.0%22.5%14.6%33.4%5.7%-0.4%75.1M-7.51B-39.4M1.0227.69190,800194,5201,843,7801,701,320
2021-03-09$102.97$100.0028.0%8.2%22.8%7.8%32.3%4.4%0.5%77.7M-8.26B-38.6M0.8628.27174,120149,1001,905,0401,775,600
2021-03-10$103.05$100.0028.6%8.3%22.7%8.9%30.7%4.2%0.5%98.1M-8.35B-39.0M0.9332.01108,080100,2401,991,8401,846,600
2021-03-11$106.01$100.0027.1%7.8%24.9%5.9%28.4%4.2%0.3%329.3M-10.99B-37.6M0.8030.71257,440205,0002,019,5201,883,500
2021-03-12$103.17$100.0028.4%8.2%26.8%8.6%29.2%5.3%0.4%93.6M-8.30B-38.2M0.6033.07415,720248,4002,091,8801,938,260
2021-03-15$102.83$102.5027.6%8.0%26.8%7.0%27.8%4.6%1.1%45.0M-8.14B-37.4M0.9440.50155,360145,2801,977,5001,800,540
2021-03-16$104.90$102.5026.3%7.6%27.6%4.5%27.5%4.4%1.2%157.7M-9.65B-37.6M0.7335.74291,880211,9802,008,8601,883,820
2021-03-17$104.58$102.5026.2%7.5%27.6%4.4%27.4%4.7%1.0%118.2M-9.24B-38.1M1.3941.33207,820288,0602,073,8801,940,840
2021-03-18$102.17$103.0029.3%8.3%28.7%10.1%29.8%5.8%1.0%-64.3M-7.07B-39.4M0.9035.34204,140184,6802,130,7802,022,320
2021-03-19$102.51$102.7526.7%7.5%28.6%7.5%27.3%5.8%1.2%-241.7M-7.43B-38.1M1.0837.40370,020398,8402,175,1202,056,400
2021-03-22$102.27$102.5024.9%6.9%28.0%2.9%25.1%4.6%4.3%-2.4M-4.47B-36.1M0.8247.20192,640158,7201,503,4401,525,760
2021-03-23$102.81$102.5024.1%6.8%28.0%0.6%24.3%3.8%4.4%52.8M-4.91B-37.1M1.1043.82120,740132,3401,619,7601,623,700
2021-03-24$102.66$102.5025.5%7.2%27.8%5.3%26.1%3.7%4.0%27.5M-4.75B-37.9M1.3743.36100,640138,3601,642,9601,672,080
2021-03-25$102.75$102.5027.3%7.4%26.1%10.9%27.4%4.3%4.7%20.8M-4.65B-38.4M1.1940.65147,920176,2001,668,3401,750,260
2021-03-26$101.28$102.5027.8%7.3%26.3%12.6%26.7%4.5%4.5%-123.2M-3.42B-37.6M1.0743.37203,220217,1201,701,3601,810,720
2021-03-29$102.75$102.5030.3%7.3%26.6%20.7%28.0%4.2%-0.2%74.9M-4.95B-37.5M0.9043.50162,300146,0201,593,7801,620,540
2021-03-30$102.88$102.5030.4%7.0%26.6%21.1%26.4%4.2%-0.7%116.4M-5.29B-36.7M1.5945.60126,720202,1001,672,4601,682,240
2021-03-31$103.67$102.5030.0%6.4%25.6%19.6%24.0%4.2%-0.5%272.4M-6.05B-36.8M1.0747.75196,960211,7001,730,8401,795,240