GOOG Options History — November 2023

In November 2023, GOOG traded between $127.59 and $140.00. ATM implied volatility averaged 20.9%, placing in the 2.1% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded below realized volatility by 14.7% (HV 20d: 35.6%). Max pain ranged from $120.00 to $125.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.74.

Notable Days

  • 2023-11-17: Highest Volume — 208,355 contracts
  • 2023-11-02: Largest IV drop — 6.0% change
  • 2023-11-01: Highest IV Rank — 12.4%
  • 2023-11-01: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$134.89$127.59$140.00$127.59$133.36
Max Pain$124.05$120.00$125.00$125.00$125.00
ATM IV20.9%19.3%24.0%24.0%20.5%
Expected Move6.1%5.5%7.0%7.0%6.1%
HV 20d35.6%15.5%43.4%42.9%18.2%
HV 60d30.3%29.5%30.8%30.5%29.9%
IV Rank2.1%0.0%12.4%12.4%5.4%
IV Percentile1.3%0.0%7.1%7.1%2.8%
Term Structure0.2%-0.3%1.7%0.4%0.2%
VWIV21.9%19.7%24.6%23.1%21.7%
Skew 25d2.7%1.9%4.1%4.1%2.2%
Skew 10d5.5%4.2%7.3%7.3%4.6%
Call IV 25d19.7%18.2%22.2%22.2%19.5%
Put IV 25d22.5%20.4%26.3%26.3%21.8%
Bid-Ask Spread %5.191.9210.342.905.43
Gamma HHI0.070.040.110.040.04
Net GEX247.1M112.6M352.9M161.1M112.6M
Net DEX-7.34B-9.44B-4.75B-4.75B-5.67B
Net VEX-33.7M-35.9M-31.8M-35.9M-31.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.451.591.240.51
Total Volume125,651.14362,530208,355186,196204,232
Total OI2,338,140.6192,180,6822,461,8782,394,9342,280,028

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-11-01$127.59$125.0024.0%7.0%42.9%12.4%23.1%4.1%0.4%161.1M-4.75B-35.9M1.242.9083,188103,0081,382,6481,012,286
2023-11-02$128.68$125.0022.6%6.7%43.1%5.5%23.7%3.6%0.3%211.0M-5.27B-35.5M0.672.1678,07652,0701,390,4671,018,624
2023-11-03$130.38$125.0021.3%6.4%42.7%0.0%24.6%3.3%0.4%179.9M-6.22B-35.0M0.503.19133,12466,7181,405,9951,029,073
2023-11-06$131.38$125.0021.4%6.5%42.8%0.1%22.6%3.4%1.0%194.3M-6.19B-34.6M0.673.3949,43533,0901,339,2211,003,903
2023-11-07$132.95$125.0020.9%6.1%43.1%0.0%21.5%3.4%0.0%235.8M-6.96B-34.0M0.542.8274,73040,2581,343,1611,011,539
2023-11-08$133.25$125.0021.0%6.1%42.6%0.3%21.5%3.1%0.3%248.7M-7.14B-34.5M0.576.0065,05837,1401,360,5631,020,382
2023-11-09$131.75$125.0022.1%6.7%42.7%5.3%23.0%3.3%1.7%222.8M-6.37B-34.8M0.722.6348,27434,8321,382,5511,022,752
2023-11-10$134.14$125.0020.8%6.1%43.1%0.0%21.6%2.8%0.5%315.8M-7.62B-34.3M0.796.0581,02564,1331,389,0701,025,433
2023-11-13$133.84$125.0021.6%6.2%42.8%3.5%24.6%3.2%0.3%218.2M-7.12B-33.9M1.591.9231,63150,2691,343,1311,002,880
2023-11-14$135.93$125.0021.1%6.1%43.2%1.4%22.1%2.7%-0.0%265.0M-8.06B-33.4M0.686.62102,93570,0471,351,7551,019,868
2023-11-15$136.37$120.0021.3%6.1%43.0%2.2%21.3%2.6%-0.1%265.4M-8.38B-33.8M0.652.4143,43528,2751,375,2181,046,399
2023-11-16$138.55$120.0020.7%5.9%43.4%0.0%22.0%2.8%0.3%338.6M-9.44B-33.8M0.525.82112,11758,7561,382,0651,053,822
2023-11-17$137.05$120.0021.4%6.2%43.4%3.3%21.7%2.2%-0.3%284.7M-8.75B-33.3M0.594.53130,81677,5391,396,8501,065,028
2023-11-20$137.89$120.0020.3%5.8%43.3%0.0%21.7%2.3%-0.1%279.4M-7.99B-32.8M0.638.3561,29438,8061,246,661934,021
2023-11-21$138.47$125.0020.2%5.8%42.9%0.0%22.5%2.2%-0.2%299.0M-8.19B-33.4M0.794.1055,68944,1461,261,585952,096
2023-11-22$140.00$125.0019.4%5.5%19.5%0.0%20.3%2.1%0.0%352.9M-8.94B-33.3M0.877.8774,86365,3901,273,446969,757
2023-11-24$138.13$125.0019.6%5.6%16.8%0.8%19.7%1.9%-0.3%285.7M-8.06B-33.0M0.626.9656,93535,1001,285,5081,001,198
2023-11-27$138.28$125.0019.6%5.7%16.7%0.9%20.1%2.1%0.2%271.8M-8.01B-32.5M0.918.9642,39038,7361,251,303967,240
2023-11-28$138.31$125.0019.3%5.6%15.5%0.0%20.0%2.1%0.2%266.3M-7.99B-32.4M0.956.5032,06530,4651,260,296985,872
2023-11-29$136.45$125.0019.8%5.9%16.5%2.2%20.6%2.0%0.2%180.9M-7.11B-32.4M0.4510.3475,13933,4451,264,952992,306
2023-11-30$133.36$125.0020.5%6.1%18.2%5.4%21.7%2.2%0.2%112.6M-5.67B-31.8M0.515.43135,32468,9081,279,8011,000,227