GOOG Options History — March 2023

In March 2023, GOOG traded between $90.50 and $106.52. ATM implied volatility averaged 33.4%, placing in the 32.7% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 0.4% (HV 20d: 33.0%). Max pain ranged from $95.00 to $100.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.63.

Notable Days

  • 2023-03-17: Highest Volume — 542,023 contracts
  • 2023-03-27: Largest IV spike — 9.1% change
  • 2023-03-28: Highest IV Rank — 54.9%
  • 2023-03-13: Largest Expected Move — 10.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$98.63$90.50$106.52$90.50$103.63
Max Pain$96.52$95.00$100.00$95.00$100.00
ATM IV33.4%29.0%38.6%32.4%36.5%
Expected Move9.2%8.1%10.2%9.5%8.1%
HV 20d33.0%23.2%47.5%47.5%32.5%
HV 60d38.8%38.2%39.7%38.5%38.4%
IV Rank32.7%13.7%54.9%28.6%45.8%
IV Percentile35.8%9.1%71.8%23.0%60.7%
Term Structure1.0%-5.9%7.9%-1.1%-0.5%
VWIV32.1%29.0%36.7%36.7%29.0%
Skew 25d4.7%3.0%6.0%3.6%5.0%
Skew 10d8.8%5.3%11.2%6.3%9.6%
Call IV 25d31.4%28.5%36.9%30.7%34.7%
Put IV 25d36.1%31.6%42.4%34.3%39.7%
Bid-Ask Spread %5.832.9112.338.283.93
Gamma HHI0.080.040.180.070.07
Net GEX109.3M33.2M214.8M68.6M115.7M
Net DEX-2.42B-4.85B276.3M194.7M-3.59B
Net VEX-39.3M-43.3M-35.7M-35.8M-42.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.321.521.520.50
Total Volume268,465.826148,423542,023371,327301,702
Total OI2,599,164.7392,243,1582,810,0132,758,2312,516,480

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-03-01$90.50$95.0032.4%9.5%47.5%28.6%36.7%3.6%-1.1%68.6M194.7M-35.8M1.528.28147,141224,1861,696,9721,061,259
2023-03-02$92.28$95.0031.4%9.1%47.3%24.2%32.2%3.2%-0.1%88.2M-653.3M-37.2M0.538.09122,81864,6961,710,6661,075,970
2023-03-03$93.94$95.0029.0%8.7%41.7%13.7%30.9%3.1%0.9%123.3M-1.37B-37.2M0.6112.33190,107115,2231,726,8101,083,203
2023-03-06$95.72$95.0029.9%8.8%41.9%17.9%30.4%3.1%0.4%126.2M-2.07B-37.7M0.524.42136,94770,5481,653,4991,056,503
2023-03-07$94.09$95.0030.6%8.7%42.0%20.6%30.2%3.4%0.1%98.1M-1.21B-37.0M0.645.8491,13757,9821,668,4181,068,760
2023-03-08$94.97$95.0030.1%8.7%38.3%18.6%29.6%3.0%-0.2%123.8M-1.66B-36.8M0.945.29102,67696,3041,684,6081,076,524
2023-03-09$92.68$95.0032.7%9.2%28.2%29.8%32.1%3.6%-0.3%74.5M-548.4M-36.0M0.327.21168,43053,5171,700,1981,086,248
2023-03-10$90.85$95.0034.8%10.0%23.2%38.8%34.1%5.1%-1.0%107.4M276.3M-35.7M0.446.38186,26682,1841,719,3201,089,169
2023-03-13$92.35$95.0034.8%10.2%24.1%38.9%34.7%5.4%1.2%33.2M-217.0M-36.2M0.676.43127,52885,9541,631,1201,054,446
2023-03-14$93.78$95.0032.4%9.2%24.9%28.6%31.4%5.1%-0.4%66.7M-845.5M-36.8M0.526.96146,18776,3651,655,1591,055,064
2023-03-15$96.56$95.0034.0%10.0%27.0%35.4%33.0%5.8%0.7%129.6M-2.08B-38.4M0.567.59194,354109,6131,662,0461,057,293
2023-03-16$101.15$95.0031.6%9.2%31.1%25.2%31.0%5.0%0.3%209.1M-4.58B-39.5M0.376.66386,283144,5261,683,9051,076,026
2023-03-17$102.25$95.0033.5%9.7%30.9%33.0%33.0%5.4%0.9%214.8M-4.85B-40.5M0.405.60386,333155,6901,692,5911,095,155
2023-03-20$102.00$95.0032.7%9.4%30.4%29.8%32.6%5.3%3.5%109.8M-3.27B-40.1M0.615.66124,14475,2301,332,531910,627
2023-03-21$105.81$95.0030.7%8.8%30.7%21.0%32.6%5.1%4.1%141.8M-4.60B-40.8M0.574.55209,243119,3891,348,297934,774
2023-03-22$105.53$95.0031.2%8.9%30.5%23.2%32.1%5.3%5.4%123.8M-4.45B-41.3M0.516.08230,102116,4071,367,275976,310
2023-03-23$106.52$100.0033.9%9.3%30.1%35.0%33.1%5.7%7.9%149.0M-4.82B-42.8M0.664.51166,025109,2681,407,0361,009,704
2023-03-24$106.00$100.0034.1%9.3%28.6%35.5%32.9%5.5%3.5%103.2M-4.55B-43.3M0.724.23160,106114,8911,410,8471,032,908
2023-03-27$103.35$100.0037.2%9.2%31.0%49.0%31.7%6.0%4.5%87.2M-3.26B-42.0M0.724.15131,38194,2841,357,1021,002,663
2023-03-28$101.25$100.0038.6%9.4%32.5%54.9%32.8%5.5%-5.9%68.7M-2.46B-42.1M0.823.65107,27888,1741,385,7511,028,739
2023-03-29$101.93$100.0038.2%8.9%32.4%53.1%31.1%5.5%-0.7%77.9M-2.69B-42.4M0.723.3586,04462,3791,402,1581,050,918
2023-03-30$101.35$100.0038.0%8.7%32.3%52.2%30.6%5.2%-0.8%73.2M-2.49B-42.1M0.552.91100,64855,0241,424,7041,061,033
2023-03-31$103.63$100.0036.5%8.1%32.5%45.8%29.0%5.0%-0.5%115.7M-3.59B-42.4M0.503.93201,652100,0501,443,8901,072,590