GOOG Options History — April 2023

In April 2023, GOOG traded between $104.43 and $109.53. ATM implied volatility averaged 35.3%, placing in the 40.8% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded above realized volatility by 6.4% (HV 20d: 29.0%). Max pain ranged from $100.00 to $105.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 0.62.

Notable Days

  • 2023-04-06: Highest Volume — 470,599 contracts
  • 2023-04-26: Largest IV drop — 15.7% change
  • 2023-04-10: Highest IV Rank — 56.5%
  • 2023-04-10: Largest Expected Move — 10.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$106.32$104.43$109.53$104.47$107.94
Max Pain$102.11$100.00$105.00$100.00$105.00
ATM IV35.3%27.0%39.0%37.7%27.0%
Expected Move9.6%7.9%10.8%8.4%7.9%
HV 20d29.0%25.0%32.1%32.1%28.5%
HV 60d38.0%36.3%39.3%38.4%36.9%
IV Rank40.8%4.8%56.5%51.2%4.8%
IV Percentile49.7%2.0%72.6%67.5%2.0%
Term Structure-1.4%-3.2%1.6%-2.5%-0.5%
VWIV33.9%28.1%37.6%29.8%28.1%
Skew 25d4.3%3.5%5.2%4.8%3.8%
Skew 10d7.8%6.9%9.3%7.3%7.4%
Call IV 25d33.3%25.3%36.7%35.6%25.3%
Put IV 25d37.6%29.1%41.0%40.4%29.1%
Bid-Ask Spread %4.302.749.045.944.56
Gamma HHI0.080.040.110.090.07
Net GEX129.2M52.9M198.2M117.2M136.7M
Net DEX-4.20B-6.00B-2.69B-3.67B-4.33B
Net VEX-42.6M-43.9M-41.1M-42.3M-43.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.401.060.680.79
Total Volume231,202.368135,141470,599135,141261,976
Total OI2,549,817.2112,365,8892,677,5192,434,4362,677,519

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-04-03$104.47$100.0037.7%8.4%32.1%51.2%29.8%4.8%-2.5%117.2M-3.67B-42.3M0.685.9480,45754,6841,395,7291,038,707
2023-04-04$104.77$100.0037.9%8.3%31.1%51.7%29.0%5.0%-1.1%134.4M-3.86B-42.8M0.474.35115,47354,5561,417,5521,049,373
2023-04-05$104.91$100.0038.3%8.3%31.1%53.4%28.6%4.8%-0.3%155.9M-3.91B-42.9M0.443.66134,18359,4191,435,5971,056,308
2023-04-06$108.78$100.0038.0%10.2%31.0%52.1%36.7%4.0%-0.9%169.4M-5.96B-43.9M0.453.11324,180146,4191,476,0711,069,841
2023-04-10$106.77$100.0039.0%10.8%30.8%56.5%37.1%4.3%-1.0%134.6M-4.51B-43.0M0.443.11127,94755,7371,443,1651,067,532
2023-04-11$106.25$100.0038.2%10.5%31.0%53.2%36.4%4.5%-1.2%133.6M-4.31B-42.6M0.415.42132,12353,5891,456,5351,077,098
2023-04-12$105.40$100.0038.0%10.3%31.3%52.1%35.6%4.5%-2.1%129.3M-3.98B-42.6M0.529.04104,26254,3641,488,4161,085,626
2023-04-13$108.22$100.0036.5%9.8%31.0%45.9%34.9%3.9%-3.1%198.2M-5.37B-42.9M0.562.8295,14753,5431,500,9001,089,901
2023-04-14$109.53$100.0035.5%9.8%27.2%41.5%35.0%3.5%-2.7%173.3M-6.00B-43.4M0.623.02131,58281,4421,505,6631,101,456
2023-04-17$106.50$100.0036.9%10.4%29.3%47.4%36.5%4.5%-3.2%133.1M-4.33B-41.5M0.914.82130,930119,7911,467,7811,081,458
2023-04-18$105.09$100.0035.5%10.1%29.8%41.6%35.2%4.3%-1.4%120.6M-3.71B-41.1M0.642.87121,81678,1091,493,3451,102,050
2023-04-19$104.91$105.0035.1%10.1%26.7%39.7%35.2%3.9%-1.4%134.0M-3.63B-42.0M0.704.3897,63968,7221,511,0571,107,628
2023-04-20$105.72$105.0035.6%10.3%26.9%41.9%34.7%3.9%-1.9%154.7M-4.06B-42.0M0.403.64154,86261,6281,527,7621,122,399
2023-04-21$105.68$105.0034.4%10.1%26.6%36.6%36.2%4.1%-2.1%78.8M-4.09B-42.1M0.504.07168,80984,3521,531,3151,128,782
2023-04-24$106.94$105.0034.1%10.2%26.9%35.4%36.2%4.2%-1.3%83.1M-3.68B-42.2M0.732.7498,62072,2361,346,8161,019,073
2023-04-25$105.09$105.0035.9%10.8%26.1%43.3%37.6%5.2%-1.6%67.4M-3.04B-42.9M1.067.03138,877146,9831,370,5671,038,402
2023-04-26$104.43$105.0030.3%8.8%25.0%18.8%31.2%4.1%1.6%52.9M-2.69B-42.9M0.814.09234,110188,4731,435,1221,106,327
2023-04-27$108.69$105.0027.8%8.2%28.4%8.0%30.0%3.8%-0.9%147.0M-4.66B-43.9M0.703.10179,673126,1321,481,2741,142,380
2023-04-28$107.94$105.0027.0%7.9%28.5%4.8%28.1%3.8%-0.5%136.7M-4.33B-43.4M0.794.56146,659115,3171,512,1531,165,366