GOOG Options History — July 2023

In July 2023, GOOG traded between $116.84 and $132.94. ATM implied volatility averaged 31.1%, placing in the 32.4% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 2.2% (HV 20d: 28.8%). Max pain ranged from $110.00 to $117.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.55.

Notable Days

2023-07-26: Highest Volume — 482,024 contracts
2023-07-26: Largest IV drop — 26.6% change
2023-07-20: Highest IV Rank — 47.9%
2023-07-24: Largest Expected Move — 10.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$123.53	$116.84	$132.94	$120.44	$132.56
Max Pain	$113.35	$110.00	$117.00	$115.00	$117.00
ATM IV	31.1%	23.6%	34.7%	30.9%	23.6%
Expected Move	8.6%	6.6%	10.2%	6.8%	6.7%
HV 20d	28.8%	22.0%	33.9%	25.2%	33.8%
HV 60d	27.9%	26.7%	29.3%	27.5%	29.3%
IV Rank	32.4%	0.8%	47.9%	31.6%	0.8%
IV Percentile	34.9%	0.4%	61.9%	29.4%	0.4%
Term Structure	-1.2%	-2.0%	0.3%	-1.2%	-2.0%
VWIV	30.7%	23.5%	36.4%	25.4%	23.7%
Skew 25d	0.5%	-1.3%	2.9%	1.6%	2.9%
Skew 10d	1.0%	-2.0%	3.1%	2.8%	3.0%
Call IV 25d	31.3%	23.3%	36.4%	30.1%	23.3%
Put IV 25d	31.8%	24.5%	35.3%	31.7%	26.2%
Bid-Ask Spread %	4.47	1.77	7.22	3.17	7.22
Gamma HHI	0.06	0.04	0.10	0.06	0.06
Net GEX	176.5M	75.8M	320.4M	121.4M	250.7M
Net DEX	-7.27B	-11.14B	-4.42B	-5.84B	-10.43B
Net VEX	-45.2M	-46.5M	-43.9M	-45.3M	-44.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.55	0.31	0.73	0.46	0.65
Total Volume	209,147.35	86,685	482,024	86,685	130,568
Total OI	2,615,476.65	2,490,594	2,771,426	2,490,594	2,637,895

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
2023-07-03	$120.44	$115.00	30.9%	6.8%	25.2%	31.6%	25.4%	1.6%	-1.2%	121.4M	-5.84B	-45.3M	0.46	3.17	59,427	27,258	1,422,716	1,067,878
2023-07-05	$122.84	$115.00	31.5%	7.1%	26.0%	34.4%	25.5%	1.0%	-1.1%	174.7M	-6.92B	-45.2M	0.55	1.77	94,584	51,919	1,435,893	1,076,901
2023-07-06	$120.82	$110.00	32.3%	8.8%	26.2%	37.7%	30.4%	1.4%	-1.4%	118.6M	-5.96B	-45.6M	0.48	6.05	95,114	45,983	1,446,685	1,087,666
2023-07-07	$120.66	$110.00	31.2%	8.5%	22.0%	33.2%	29.5%	1.4%	-1.1%	130.1M	-5.96B	-45.5M	0.49	5.41	77,792	38,077	1,470,608	1,096,185
2023-07-10	$116.84	$110.00	33.2%	9.1%	24.6%	41.6%	32.2%	1.6%	-0.8%	75.8M	-4.42B	-44.4M	0.61	5.46	95,629	58,052	1,443,181	1,081,491
2023-07-11	$117.66	$115.00	32.2%	8.8%	24.8%	37.1%	31.7%	1.4%	-1.3%	86.2M	-4.81B	-43.9M	0.48	5.93	82,792	39,408	1,462,509	1,096,963
2023-07-12	$119.66	$115.00	31.1%	8.6%	25.4%	32.5%	30.1%	0.9%	-1.2%	136.3M	-5.75B	-43.9M	0.68	6.19	89,710	61,226	1,475,112	1,106,148
2023-07-13	$124.94	$115.00	32.9%	9.0%	30.0%	40.3%	32.0%	-0.1%	-1.7%	228.0M	-8.29B	-44.7M	0.61	2.90	213,164	130,598	1,479,209	1,115,901
2023-07-14	$125.59	$115.00	31.8%	8.8%	30.1%	35.6%	31.1%	0.5%	-1.6%	264.8M	-8.61B	-44.7M	0.48	6.20	167,429	80,291	1,502,847	1,142,551
2023-07-17	$125.03	$115.00	32.7%	9.2%	29.6%	39.5%	33.6%	0.3%	-1.4%	204.7M	-8.00B	-44.5M	0.43	4.52	124,215	53,189	1,481,219	1,109,208
2023-07-18	$124.25	$115.00	33.3%	9.5%	29.4%	42.1%	33.7%	-0.5%	-1.5%	192.3M	-7.77B	-46.0M	0.44	5.61	115,897	51,260	1,524,861	1,128,387
2023-07-19	$123.19	$115.00	34.6%	9.9%	29.5%	47.3%	35.7%	-0.9%	-1.7%	172.4M	-7.30B	-46.5M	0.31	4.13	130,812	40,894	1,544,186	1,142,196
2023-07-20	$119.28	$115.00	34.7%	10.0%	30.6%	47.9%	36.1%	-1.1%	-1.9%	89.2M	-5.45B	-46.1M	0.39	4.49	139,997	54,198	1,570,354	1,150,275
2023-07-21	$119.94	$115.00	34.3%	10.0%	29.8%	46.1%	35.6%	-1.3%	-1.8%	86.0M	-5.76B	-46.0M	0.71	4.76	134,957	95,966	1,592,747	1,157,708
2023-07-24	$121.72	$110.00	33.8%	10.2%	30.4%	43.9%	36.4%	-0.6%	-1.5%	137.6M	-6.29B	-45.4M	0.59	2.34	112,874	66,592	1,433,337	1,060,683
2023-07-25	$123.18	$110.00	33.3%	10.1%	28.2%	42.0%	35.5%	-0.0%	-1.3%	164.2M	-7.02B	-45.7M	0.73	2.99	160,279	117,020	1,488,809	1,094,681
2023-07-26	$129.75	$110.00	24.4%	7.0%	33.3%	4.3%	25.2%	0.4%	0.1%	320.4M	-10.12B	-44.5M	0.59	3.16	303,812	178,212	1,546,237	1,139,782
2023-07-27	$129.28	$110.00	25.6%	7.4%	33.2%	9.3%	26.2%	0.9%	0.0%	286.9M	-9.55B	-45.8M	0.62	3.52	228,192	142,181	1,549,536	1,175,562
2023-07-28	$132.94	$115.00	23.6%	6.6%	33.9%	0.9%	23.5%	0.9%	0.3%	289.8M	-11.14B	-45.7M	0.63	3.64	180,538	112,841	1,554,407	1,217,019
2023-07-31	$132.56	$117.00	23.6%	6.7%	33.8%	0.8%	23.7%	2.9%	-2.0%	250.7M	-10.43B	-44.9M	0.65	7.22	79,351	51,217	1,496,072	1,141,823