GOOG Options History — September 2023

In September 2023, GOOG traded between $129.25 and $139.13. ATM implied volatility averaged 25.7%, placing in the 15.1% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 4.6% (HV 20d: 21.0%). Max pain ranged from $112.50 to $125.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.80.

Notable Days

  • 2023-09-08: Highest Volume — 193,938 contracts
  • 2023-09-21: Largest IV spike — 11.5% change
  • 2023-09-26: Highest IV Rank — 47.0%
  • 2023-09-26: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$135.21$129.25$139.13$136.69$131.84
Max Pain$124.38$112.50$125.00$112.50$125.00
ATM IV25.7%21.5%33.5%22.4%32.2%
Expected Move7.0%5.9%8.4%5.9%7.6%
HV 20d21.0%19.9%23.2%22.0%20.5%
HV 60d26.3%25.7%26.6%26.4%26.1%
IV Rank15.1%0.0%47.0%0.0%42.2%
IV Percentile15.7%0.0%56.0%0.0%46.0%
Term Structure1.3%-0.6%4.8%0.5%-0.4%
VWIV25.2%20.5%29.3%20.5%28.3%
Skew 25d3.5%2.0%5.2%2.0%4.8%
Skew 10d6.7%3.9%9.7%3.9%9.1%
Call IV 25d24.1%20.1%31.5%21.7%30.2%
Put IV 25d27.6%23.0%36.6%23.7%35.0%
Bid-Ask Spread %4.081.916.844.534.41
Gamma HHI0.070.050.140.060.05
Net GEX212.5M89.1M372.3M230.7M153.2M
Net DEX-8.72B-11.80B-5.39B-10.74B-6.37B
Net VEX-41.2M-43.3M-39.8M-43.3M-40.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.440.980.710.90
Total Volume134,909.183,008193,938146,494166,085
Total OI2,448,596.452,148,7992,732,8202,713,0382,298,452

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-09-01$136.69$112.5022.4%5.9%22.0%0.0%20.5%2.0%0.5%230.7M-10.74B-43.3M0.714.5385,51760,9771,541,9821,171,056
2023-09-05$136.88$125.0023.3%7.0%20.5%3.4%24.1%2.2%0.2%269.5M-10.50B-42.6M0.882.3849,90543,8801,479,7701,120,973
2023-09-06$135.34$125.0024.1%7.1%21.0%6.7%25.2%2.4%0.3%236.4M-9.76B-42.7M0.564.4973,97941,3201,492,0831,133,971
2023-09-07$136.50$125.0024.1%7.2%20.8%7.0%26.5%2.7%0.2%290.5M-10.30B-42.4M0.844.7558,44948,9311,508,2891,144,292
2023-09-08$136.93$125.0022.9%6.9%20.7%1.9%25.2%2.9%0.3%318.7M-10.54B-42.1M0.894.13102,76791,1711,514,7281,154,905
2023-09-11$137.89$125.0022.4%6.4%20.7%0.0%23.9%3.3%0.5%286.9M-10.85B-41.2M0.841.9167,31356,4591,480,5691,130,439
2023-09-12$136.25$125.0023.0%6.8%21.1%2.6%23.6%2.8%0.7%254.1M-10.12B-40.7M0.734.1049,22535,9321,494,0541,147,065
2023-09-13$137.19$125.0022.3%6.7%20.6%0.0%25.7%2.9%1.1%286.3M-10.54B-41.0M0.852.2995,62081,6801,502,7411,153,707
2023-09-14$139.13$125.0021.5%6.2%20.7%0.0%21.6%3.0%0.3%372.3M-11.80B-39.8M0.874.16103,37690,4301,532,1511,184,180
2023-09-15$138.00$125.0021.8%6.3%21.1%1.4%22.7%2.9%0.3%270.1M-11.14B-40.9M0.814.1687,39970,8161,534,1361,198,684
2023-09-18$139.06$125.0022.4%6.4%20.1%3.6%22.8%3.3%4.8%212.2M-8.78B-40.4M0.443.2492,01840,7701,227,373921,426
2023-09-19$138.94$125.0022.9%6.6%20.1%5.6%24.8%3.1%4.6%217.1M-8.76B-40.4M0.984.4855,18554,0161,257,485937,320
2023-09-20$134.97$125.0024.4%7.0%23.2%11.7%24.4%3.4%4.4%141.0M-7.24B-40.6M0.984.9075,15473,4891,272,625947,767
2023-09-21$131.75$125.0027.2%7.6%22.3%22.6%27.2%3.8%4.1%97.6M-6.02B-40.6M0.796.1296,85776,4761,285,561951,054
2023-09-22$131.78$125.0027.6%7.4%21.2%23.9%26.2%4.1%4.7%108.9M-6.20B-40.6M0.966.8473,93471,0731,310,562960,464
2023-09-25$131.94$125.0030.6%7.7%21.2%35.8%26.7%4.9%-0.4%118.0M-6.33B-40.7M0.843.1545,10837,9001,261,056946,866
2023-09-26$129.25$125.0033.5%8.4%22.2%47.0%29.3%5.1%-0.6%89.1M-5.39B-40.7M0.643.7970,83645,4631,280,488955,238
2023-09-27$130.78$125.0033.0%8.0%19.9%45.3%28.1%5.2%-0.2%117.1M-6.02B-40.9M0.763.8766,31750,6851,298,873960,661
2023-09-28$133.05$125.0031.9%7.6%20.8%41.0%26.5%4.9%-0.2%179.3M-6.94B-40.9M0.753.9363,75447,9161,312,394966,489
2023-09-29$131.84$125.0032.2%7.6%20.5%42.2%28.3%4.8%-0.4%153.2M-6.37B-40.7M0.904.4187,23478,8511,321,586976,866