GOOG Options History — May 2021

In May 2021, GOOG traded between $112.41 and $121.85. ATM implied volatility averaged 23.0%, placing in the 9.1% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded below realized volatility by 1.2% (HV 20d: 24.2%). Max pain ranged from $92.00 to $112.50. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 1.01.

Notable Days

  • 2021-05-04: Highest Volume — 874,060 contracts
  • 2021-05-12: Largest IV spike — 20.1% change
  • 2021-05-12: Highest IV Rank — 34.1%
  • 2021-05-12: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$117.82$112.41$121.85$120.05$120.95
Max Pain$99.33$92.00$112.50$110.00$104.50
ATM IV23.0%20.2%30.0%20.9%20.2%
Expected Move6.6%5.6%8.5%5.9%5.6%
HV 20d24.2%19.1%27.4%19.1%24.0%
HV 60d24.6%23.0%25.5%23.0%24.8%
IV Rank9.1%0.0%34.1%0.1%0.0%
IV Percentile6.7%0.0%56.3%0.4%0.0%
Term Structure0.4%-0.2%1.2%0.6%0.6%
VWIV24.1%21.4%30.3%21.4%21.7%
Skew 25d4.6%3.0%7.3%3.0%3.1%
Skew 10d10.6%7.0%15.9%7.0%9.1%
Call IV 25d21.2%18.5%27.0%19.8%19.0%
Put IV 25d25.8%22.2%34.3%22.7%22.2%
Bid-Ask Spread %50.2441.3759.3857.0059.38
Gamma HHI0.060.020.210.050.14
Net GEX128.5M-194.9M533.5M218.1M-66.9M
Net DEX-8.73B-11.57B-3.99B-10.60B-9.27B
Net VEX-41.1M-43.1M-38.9M-41.8M-39.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.010.512.020.840.82
Total Volume477,024335,920874,060449,640469,920
Total OI4,249,0293,623,0604,614,4603,970,8804,313,180

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-05-03$120.05$110.0020.9%5.9%19.1%0.1%21.4%3.0%0.6%218.1M-10.60B-41.8M0.8457.00243,780205,8601,903,2202,067,660
2021-05-04$117.10$110.0023.1%6.6%21.5%8.1%22.9%5.1%0.6%-10.0M-8.11B-41.8M1.5051.55348,940525,1201,983,0402,122,240
2021-05-05$118.08$112.5022.0%6.3%21.2%4.2%22.3%4.5%0.6%6.2M-9.01B-42.1M0.8855.91201,000176,6402,060,4802,345,520
2021-05-06$118.70$92.0022.1%6.7%21.2%4.7%23.3%4.9%0.5%157.0M-9.80B-41.8M1.0242.81166,420169,5002,098,6202,375,860
2021-05-07$120.10$92.5020.3%6.2%21.4%0.0%22.9%3.9%0.9%533.5M-11.57B-40.3M0.8744.94310,600271,6202,117,8002,405,040
2021-05-10$117.51$95.0022.9%6.8%22.5%8.9%23.8%4.9%0.5%65.6M-8.54B-41.5M0.6645.03343,020225,0801,895,7002,077,340
2021-05-11$115.44$95.0025.0%7.2%23.4%16.3%28.2%5.9%0.1%-7.3M-6.84B-42.9M0.7543.08403,420302,5602,020,2002,177,040
2021-05-12$112.41$95.0030.0%8.5%25.3%34.1%30.3%7.3%-0.2%-194.9M-3.99B-43.1M0.9342.28290,740270,1202,023,7202,330,140
2021-05-13$113.74$96.0026.2%7.6%24.7%20.7%26.2%6.1%0.2%3.5M-5.38B-42.7M0.5141.37266,720135,2602,114,6802,402,400
2021-05-14$116.00$96.0022.8%6.6%25.7%8.5%23.9%4.8%0.5%309.2M-8.59B-40.8M0.7644.30320,680243,4202,183,7802,430,680
2021-05-17$115.80$96.0024.8%7.1%25.8%15.8%26.0%4.8%-0.0%84.5M-7.82B-40.6M0.8849.41206,200181,2801,947,3602,155,620
2021-05-18$115.94$97.0023.9%6.9%25.7%12.7%24.2%4.5%0.3%170.3M-8.27B-41.7M2.0250.27125,020252,9202,051,5402,246,280
2021-05-19$115.05$98.0025.5%7.3%25.9%18.1%26.0%5.1%0.2%-77.6M-6.85B-43.1M1.1049.47169,780186,0602,053,4002,413,880
2021-05-20$117.84$99.0023.3%6.7%27.0%10.4%24.3%4.3%0.3%281.7M-10.32B-41.2M1.0249.82257,120261,2802,087,0602,475,840
2021-05-21$117.41$99.0022.6%6.4%26.1%7.9%24.3%4.9%0.6%381.1M-9.87B-40.3M0.8750.54235,220204,6202,106,7202,495,300
2021-05-24$120.35$100.0021.4%6.0%27.4%3.8%23.8%4.3%0.3%240.5M-9.74B-39.9M1.4957.88185,420276,3601,623,2001,999,860
2021-05-25$120.40$99.0021.7%6.1%27.2%4.7%22.5%4.1%0.6%173.7M-9.38B-39.3M1.4355.12141,600202,7001,686,3002,120,020
2021-05-26$121.85$100.0021.0%5.9%24.7%2.3%22.5%3.8%0.6%202.9M-10.62B-38.9M1.1257.67180,440201,9201,718,8602,241,200
2021-05-27$121.70$100.0020.7%5.8%24.1%1.2%22.4%3.5%1.2%99.8M-10.11B-38.9M0.7456.89219,820162,3001,771,8802,337,920
2021-05-28$120.95$104.5020.2%5.6%24.0%0.0%21.7%3.1%0.6%-66.9M-9.27B-39.3M0.8259.38258,880211,0401,872,5202,440,660