GOOG Options History — January 2022

In January 2022, GOOG traded between $127.98 and $144.95. ATM implied volatility averaged 33.0%, placing in the 63.4% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 10.4% (HV 20d: 22.6%). Max pain ranged from $133.50 to $145.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 1.95.

Notable Days

2022-01-21: Highest Volume — 1,456,500 contracts
2022-01-05: Largest IV spike — 16.8% change
2022-01-27: Highest IV Rank — 97.1%
2022-01-25: Largest Expected Move — 12.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$136.25	$127.98	$144.95	$144.95	$134.89
Max Pain	$141.69	$133.50	$145.00	$133.50	$140.00
ATM IV	33.0%	25.5%	40.2%	25.5%	34.9%
Expected Move	9.3%	5.6%	12.3%	5.6%	11.1%
HV 20d	22.6%	17.3%	26.7%	18.1%	26.7%
HV 60d	23.5%	21.5%	24.9%	22.8%	22.0%
IV Rank	63.4%	32.8%	97.1%	32.8%	76.9%
IV Percentile	89.5%	57.1%	99.6%	57.1%	97.2%
Term Structure	-1.2%	-2.9%	-0.4%	-0.4%	-1.0%
VWIV	32.3%	20.4%	42.0%	20.4%	38.1%
Skew 25d	6.2%	4.1%	9.0%	4.1%	6.5%
Skew 10d	12.6%	9.1%	17.8%	9.1%	12.9%
Call IV 25d	30.6%	25.4%	36.2%	25.4%	31.4%
Put IV 25d	36.8%	29.5%	44.9%	29.5%	37.9%
Bid-Ask Spread %	30.02	17.11	55.62	51.15	28.72
Gamma HHI	0.04	0.03	0.06	0.03	0.04
Net GEX	-531.9M	-768.5M	-266.8M	-437.4M	-351.9M
Net DEX	5.75B	-1.37B	11.10B	-1.37B	5.80B
Net VEX	-104.3M	-114.7M	-96.1M	-96.1M	-113.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.95	1.55	2.69	2.45	1.71
Total Volume	993,174	811,260	1,456,500	841,820	957,640
Total OI	5,454,376	4,093,620	6,146,780	5,425,100	4,608,520

Daily Data (20 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
2022-01-03	$144.95	$133.50	25.5%	5.6%	18.1%	32.8%	20.4%	4.1%	-0.4%	-437.4M	-1.37B	-96.1M	2.45	51.15	243,740	598,080	1,555,260	3,869,840
2022-01-04	$144.93	$135.00	27.2%	5.9%	17.3%	39.4%	23.9%	4.6%	-0.5%	-485.3M	-803.3M	-97.6M	2.21	54.45	280,460	619,940	1,584,720	3,969,960
2022-01-05	$138.36	$137.00	31.8%	7.4%	21.6%	57.3%	27.7%	5.3%	-0.9%	-713.5M	5.50B	-101.0M	1.60	55.62	454,000	725,820	1,631,020	4,025,500
2022-01-06	$137.76	$145.00	31.0%	8.6%	21.5%	54.1%	29.4%	5.6%	-0.9%	-742.8M	6.30B	-103.0M	1.57	23.28	359,100	563,900	1,768,100	4,099,520
2022-01-07	$136.89	$145.00	30.6%	8.5%	21.3%	52.7%	28.9%	4.8%	-0.8%	-768.5M	6.90B	-101.7M	1.91	26.83	374,100	712,680	1,827,860	4,143,180
2022-01-10	$138.09	$144.75	31.6%	8.7%	21.8%	56.7%	30.5%	5.6%	-1.3%	-567.2M	4.88B	-102.6M	1.66	34.44	352,880	587,080	1,656,700	3,997,020
2022-01-11	$139.98	$144.75	29.3%	8.1%	22.4%	47.6%	28.5%	4.8%	-1.0%	-496.5M	2.95B	-103.1M	2.13	29.12	264,940	563,260	1,725,760	4,101,160
2022-01-12	$142.13	$144.75	27.9%	7.7%	22.6%	42.2%	27.1%	4.3%	-1.0%	-426.8M	391.9M	-102.8M	1.74	31.89	317,320	551,320	1,749,760	4,150,420
2022-01-13	$139.55	$144.75	30.0%	8.3%	22.8%	50.4%	28.3%	5.0%	-1.2%	-604.1M	3.55B	-103.9M	1.56	27.37	398,400	619,620	1,792,780	4,220,000
2022-01-14	$139.88	$144.75	29.6%	8.3%	22.6%	48.6%	28.5%	4.8%	-1.1%	-667.8M	3.33B	-104.4M	2.13	29.22	316,860	674,180	1,861,440	4,285,340
2022-01-18	$136.38	$144.75	32.6%	9.3%	23.9%	60.4%	31.4%	6.0%	-1.2%	-609.1M	6.50B	-108.3M	2.69	28.75	221,200	595,260	1,705,520	4,148,660
2022-01-19	$136.64	$143.75	32.0%	9.2%	23.9%	58.1%	30.8%	5.8%	-1.4%	-593.6M	5.92B	-107.5M	2.34	27.66	250,720	586,360	1,740,680	4,201,480
2022-01-20	$134.27	$143.50	32.4%	9.4%	23.8%	59.8%	31.8%	5.9%	-1.7%	-676.8M	8.35B	-107.2M	1.91	28.12	282,220	539,860	1,743,560	4,217,320
2022-01-21	$131.29	$142.50	37.5%	11.0%	23.3%	79.6%	36.8%	7.7%	-2.9%	-691.5M	11.10B	-107.7M	2.35	24.15	435,260	1,021,240	1,786,960	4,261,460
2022-01-24	$129.77	$140.00	39.6%	11.9%	22.9%	87.8%	39.7%	8.6%	-1.3%	-392.0M	9.12B	-100.0M	1.68	17.11	416,240	699,600	1,313,440	2,780,180
2022-01-25	$127.98	$140.00	40.2%	12.3%	22.8%	90.2%	42.0%	8.6%	-1.5%	-375.0M	9.85B	-100.2M	1.86	17.23	283,180	528,080	1,435,520	2,896,480
2022-01-26	$128.69	$140.00	38.9%	11.9%	23.2%	85.3%	39.5%	8.5%	-1.2%	-370.7M	9.54B	-103.1M	1.88	22.21	410,220	769,280	1,495,980	2,992,460
2022-01-27	$130.27	$140.00	39.5%	12.2%	24.0%	97.1%	41.6%	9.0%	-1.4%	-400.4M	9.01B	-107.5M	2.05	20.18	333,860	683,780	1,553,120	3,195,560
2022-01-28	$132.25	$140.00	37.9%	11.7%	25.2%	90.1%	40.6%	7.9%	-1.3%	-266.8M	8.14B	-114.7M	1.55	22.95	499,200	772,600	1,607,700	3,387,580
2022-01-31	$134.89	$140.00	34.9%	11.1%	26.7%	76.9%	38.1%	6.5%	-1.0%	-351.9M	5.80B	-113.0M	1.71	28.72	353,600	604,040	1,454,380	3,154,140