GOOG Options History — March 2022

In March 2022, GOOG traded between $126.85 and $143.78. ATM implied volatility averaged 31.3%, placing in the 61.5% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded below realized volatility by 3.0% (HV 20d: 34.3%). Max pain ranged from $134.75 to $135.00. Net GEX was positive for 5 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 1.04.

Notable Days

2022-03-04: Highest Volume — 1,203,940 contracts
2022-03-07: Largest IV spike — 12.7% change
2022-03-07: Highest IV Rank — 94.1%
2022-03-07: Largest Expected Move — 12.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$135.36	$126.85	$143.78	$133.67	$141.18
Max Pain	$134.99	$134.75	$135.00	$135.00	$135.00
ATM IV	31.3%	25.8%	38.8%	35.1%	30.4%
Expected Move	9.6%	7.9%	12.6%	10.7%	8.3%
HV 20d	34.3%	29.1%	43.0%	43.0%	33.2%
HV 60d	33.1%	30.2%	34.8%	30.9%	34.8%
IV Rank	61.5%	37.6%	94.1%	77.9%	57.4%
IV Percentile	81.5%	57.1%	98.4%	97.6%	82.9%
Term Structure	0.8%	-0.7%	5.2%	-0.6%	-0.6%
VWIV	34.0%	29.0%	42.2%	40.9%	30.5%
Skew 25d	6.1%	3.8%	9.3%	7.8%	4.4%
Skew 10d	11.8%	7.7%	17.3%	14.9%	8.7%
Call IV 25d	28.8%	23.2%	34.7%	32.0%	28.8%
Put IV 25d	34.9%	27.1%	43.9%	39.7%	33.2%
Bid-Ask Spread %	21.17	6.12	43.12	35.53	15.66
Gamma HHI	0.03	0.03	0.05	0.04	0.03
Net GEX	-250.5M	-582.8M	241.2M	-403.2M	-190.9M
Net DEX	3.76B	-4.81B	12.94B	6.66B	-1.44B
Net VEX	-121.0M	-125.9M	-114.8M	-122.1M	-119.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.04	0.71	1.44	1.12	1.21
Total Volume	922,583.478	677,560	1,203,940	910,580	745,100
Total OI	5,698,058.261	4,886,080	6,184,320	5,562,700	5,644,840

Daily Data (23 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
2022-03-01	$133.67	$135.00	35.1%	10.7%	43.0%	77.9%	40.9%	7.8%	-0.6%	-403.2M	6.66B	-122.1M	1.12	35.53	430,000	480,580	2,003,320	3,559,380
2022-03-02	$135.36	$135.00	31.7%	9.3%	42.6%	62.9%	35.1%	6.8%	-0.3%	-295.8M	4.48B	-121.5M	1.11	38.91	471,500	525,260	2,108,020	3,636,400
2022-03-03	$133.58	$135.00	32.6%	9.7%	31.4%	67.2%	37.3%	7.4%	-0.3%	-418.4M	6.84B	-124.0M	1.20	43.12	467,340	562,140	2,157,400	3,746,700
2022-03-04	$131.91	$135.00	34.4%	10.3%	29.1%	75.1%	37.6%	8.4%	-0.3%	-582.8M	9.14B	-125.0M	1.43	40.98	494,720	709,220	2,183,300	3,819,420
2022-03-07	$126.96	$135.00	38.8%	12.6%	31.3%	94.1%	42.2%	9.3%	-0.7%	-571.9M	12.94B	-122.3M	1.44	35.76	404,600	584,180	1,983,580	3,643,840
2022-03-08	$127.93	$135.00	37.3%	11.9%	30.3%	87.5%	40.4%	8.9%	-0.7%	-557.7M	12.09B	-123.1M	1.16	39.83	436,940	505,880	2,087,600	3,714,700
2022-03-09	$133.98	$135.00	34.0%	10.4%	35.2%	72.9%	36.8%	7.9%	-0.4%	-358.6M	5.58B	-125.9M	1.09	26.49	462,820	502,980	2,151,540	3,744,820
2022-03-10	$132.82	$135.00	34.0%	10.2%	34.5%	73.2%	35.8%	7.3%	-0.3%	-380.2M	6.82B	-125.5M	0.97	23.67	451,660	437,780	2,236,260	3,779,940
2022-03-11	$130.89	$134.75	34.0%	9.9%	34.1%	73.0%	34.7%	7.1%	-0.1%	-413.9M	9.00B	-123.6M	1.10	24.93	427,440	468,840	2,315,520	3,802,040
2022-03-14	$126.85	$135.00	37.3%	11.1%	33.9%	87.3%	37.4%	7.9%	-0.3%	-573.4M	12.35B	-119.1M	0.90	6.12	432,620	391,240	2,114,800	3,585,720
2022-03-15	$129.32	$135.00	34.9%	10.5%	34.5%	77.2%	34.9%	7.2%	-0.0%	-579.8M	10.07B	-120.4M	0.75	6.32	524,260	394,500	2,201,260	3,660,960
2022-03-16	$132.81	$135.00	30.8%	9.6%	35.9%	59.3%	33.2%	6.1%	0.0%	-514.5M	5.79B	-120.9M	0.83	11.45	493,080	410,260	2,301,280	3,703,780
2022-03-17	$134.55	$135.00	28.5%	9.2%	35.8%	49.5%	32.2%	5.3%	0.2%	-433.2M	3.28B	-119.7M	0.93	10.84	503,360	470,080	2,355,740	3,745,820
2022-03-18	$136.36	$135.00	26.9%	8.8%	34.2%	42.2%	31.5%	4.3%	0.4%	241.2M	-156.6M	-118.6M	0.90	11.39	629,700	563,660	2,423,180	3,761,140
2022-03-21	$135.60	$135.00	27.4%	8.8%	33.6%	44.6%	31.2%	5.3%	4.2%	-127.3M	2.90B	-117.7M	0.92	11.10	569,340	526,380	1,838,820	3,047,260
2022-03-22	$140.46	$135.00	25.8%	8.4%	35.2%	37.6%	30.1%	4.5%	4.6%	80.5M	-2.34B	-121.1M	0.71	13.29	655,980	466,860	2,021,560	3,292,640
2022-03-23	$139.09	$135.00	26.6%	8.7%	35.1%	41.0%	31.0%	4.8%	4.7%	-36.4M	-531.8M	-122.0M	0.82	12.74	443,040	364,200	2,035,580	3,363,400
2022-03-24	$140.95	$135.00	26.5%	8.5%	33.4%	40.5%	30.4%	4.0%	4.9%	177.8M	-3.04B	-120.9M	0.88	14.09	410,820	360,440	2,111,900	3,419,720
2022-03-25	$140.92	$135.00	26.6%	8.4%	33.2%	40.8%	29.4%	3.9%	5.2%	135.7M	-3.36B	-119.7M	0.95	14.20	449,300	426,840	2,177,040	3,472,220
2022-03-28	$141.76	$135.00	28.9%	8.4%	33.2%	51.2%	30.4%	4.4%	-0.1%	-29.4M	-2.70B	-117.6M	1.15	17.49	330,740	380,700	1,942,680	3,273,120
2022-03-29	$143.78	$135.00	27.9%	7.9%	33.3%	46.8%	29.0%	3.8%	-0.0%	77.0M	-4.81B	-114.8M	1.12	16.75	365,460	410,020	1,997,500	3,360,020
2022-03-30	$142.52	$135.00	29.6%	8.2%	33.4%	54.1%	29.4%	4.0%	-0.5%	-5.4M	-3.09B	-118.5M	1.15	16.29	314,880	362,680	2,054,220	3,475,360
2022-03-31	$141.18	$135.00	30.4%	8.3%	33.2%	57.4%	30.5%	4.4%	-0.6%	-190.9M	-1.44B	-119.0M	1.21	15.66	336,880	408,220	2,097,360	3,547,480