GOOG Options History — May 2024

In May 2024, GOOG traded between $166.75 and $179.31. ATM implied volatility averaged 23.4%, placing in the 22.1% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded below realized volatility by 12.2% (HV 20d: 35.6%). Max pain ranged from $122.50 to $155.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.68.

Notable Days

2024-05-03: Highest Volume — 198,888 contracts
2024-05-15: Largest IV drop — 7.3% change
2024-05-01: Highest IV Rank — 42.7%
2024-05-02: Largest Expected Move — 8.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$173.45	$166.75	$179.31	$166.75	$173.87
Max Pain	$128.18	$122.50	$155.00	$150.00	$125.00
ATM IV	23.4%	20.9%	27.3%	27.3%	23.2%
Expected Move	6.8%	6.0%	8.7%	8.7%	6.8%
HV 20d	35.6%	13.4%	43.2%	43.2%	16.3%
HV 60d	30.9%	28.8%	32.1%	32.1%	29.2%
IV Rank	22.1%	8.8%	42.7%	42.7%	21.0%
IV Percentile	26.5%	4.4%	58.3%	58.3%	26.6%
Term Structure	-0.3%	-0.8%	0.4%	-0.5%	-0.8%
VWIV	24.2%	21.3%	30.9%	30.8%	24.2%
Skew 25d	1.4%	0.8%	2.1%	1.8%	1.9%
Skew 10d	3.5%	2.0%	5.5%	4.1%	4.4%
Call IV 25d	23.0%	20.5%	26.7%	26.7%	22.8%
Put IV 25d	24.4%	21.4%	28.4%	28.4%	24.8%
Bid-Ask Spread %	3.15	1.76	7.45	7.45	2.79
Gamma HHI	0.16	0.11	0.31	0.11	0.15
Net GEX	249.9M	142.8M	492.5M	221.8M	164.1M
Net DEX	-10.46B	-12.42B	-9.13B	-9.18B	-9.23B
Net VEX	-30.3M	-32.7M	-28.4M	-32.7M	-30.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.68	0.35	1.32	0.63	0.82
Total Volume	112,833.591	55,926	198,888	153,655	104,319
Total OI	1,780,679.727	1,654,987	1,871,049	1,803,027	1,739,699

Daily Data (22 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
2024-05-01	$166.75	$150.00	27.3%	8.7%	43.2%	42.7%	30.8%	1.8%	-0.5%	221.8M	-9.18B	-32.7M	0.63	7.45	94,062	59,593	1,031,369	771,658
2024-05-02	$167.74	$155.00	26.8%	8.7%	42.0%	40.1%	30.9%	1.7%	-0.6%	224.8M	-9.51B	-32.5M	0.61	4.99	63,341	38,639	1,040,857	797,386
2024-05-03	$168.97	$155.00	25.6%	8.3%	42.0%	33.9%	29.9%	2.1%	-0.5%	206.1M	-9.82B	-32.7M	0.71	4.64	116,602	82,286	1,047,232	807,479
2024-05-06	$168.88	$122.50	25.4%	7.1%	41.8%	32.7%	25.6%	1.8%	0.0%	217.3M	-9.69B	-31.8M	0.64	3.45	54,602	35,196	998,956	774,009
2024-05-07	$172.56	$122.50	23.7%	6.7%	42.2%	23.5%	24.2%	1.5%	0.1%	265.3M	-11.10B	-30.4M	0.56	3.19	75,677	42,237	1,013,965	787,448
2024-05-08	$171.36	$122.50	24.6%	7.0%	42.4%	28.6%	24.7%	1.9%	0.4%	252.8M	-10.60B	-30.9M	0.79	2.43	38,325	30,186	1,020,015	798,923
2024-05-09	$171.19	$122.50	23.8%	6.8%	42.0%	24.5%	25.2%	1.4%	0.3%	264.2M	-10.63B	-30.2M	0.53	2.56	49,191	25,889	1,032,261	810,158
2024-05-10	$170.01	$122.50	23.9%	6.8%	41.8%	24.6%	23.7%	1.4%	0.2%	359.0M	-10.21B	-30.5M	0.81	3.63	89,434	72,528	1,039,058	813,872
2024-05-13	$170.16	$122.50	25.1%	7.0%	41.2%	31.1%	24.8%	1.2%	-0.5%	214.6M	-10.02B	-30.5M	0.60	2.85	85,471	51,287	1,001,509	779,037
2024-05-14	$172.20	$125.00	23.9%	6.7%	41.2%	25.1%	23.5%	0.8%	-0.7%	254.9M	-10.88B	-29.1M	0.46	3.36	93,003	42,671	1,024,023	798,538
2024-05-15	$173.76	$125.00	22.2%	6.3%	41.2%	15.6%	22.3%	0.9%	-0.4%	278.0M	-11.34B	-29.2M	0.62	2.22	73,769	45,586	1,033,807	808,464
2024-05-16	$175.22	$125.00	21.9%	6.2%	41.2%	14.1%	22.1%	0.9%	-0.5%	309.5M	-11.73B	-29.1M	0.63	2.42	85,616	54,014	1,037,136	816,283
2024-05-17	$177.29	$125.00	21.4%	6.1%	40.3%	11.6%	21.4%	0.9%	-0.1%	492.5M	-12.42B	-28.6M	0.48	4.28	104,073	49,806	1,048,275	822,774
2024-05-20	$178.58	$125.00	21.2%	6.1%	39.9%	10.4%	21.4%	0.9%	-0.1%	272.5M	-11.33B	-28.4M	0.83	1.76	78,712	65,580	939,654	715,333
2024-05-21	$179.31	$125.00	20.9%	6.0%	39.9%	8.8%	21.3%	0.9%	-0.0%	264.8M	-11.29B	-30.0M	0.77	2.10	45,093	34,710	950,964	746,630
2024-05-22	$177.74	$125.00	21.6%	6.2%	40.2%	12.7%	21.8%	0.9%	-0.3%	237.2M	-10.84B	-30.0M	0.35	2.58	83,113	28,967	958,457	757,966
2024-05-23	$175.07	$125.00	22.1%	6.4%	39.6%	15.1%	22.2%	1.2%	-0.3%	198.1M	-9.84B	-30.2M	0.71	2.55	60,334	42,718	969,740	762,487
2024-05-24	$176.47	$125.00	21.4%	6.1%	19.4%	11.3%	21.5%	1.3%	0.3%	207.7M	-10.28B	-29.7M	0.75	2.15	47,438	35,360	974,087	767,769
2024-05-28	$177.56	$125.00	22.3%	6.5%	14.5%	15.9%	22.8%	1.6%	-0.7%	219.4M	-10.45B	-29.5M	0.59	2.66	41,849	24,671	945,500	750,477
2024-05-29	$177.69	$125.00	22.7%	6.6%	13.4%	18.4%	24.2%	1.6%	-0.6%	230.6M	-10.50B	-29.5M	1.32	2.45	24,064	31,862	954,389	758,061
2024-05-30	$173.57	$125.00	23.6%	7.0%	16.4%	23.4%	24.7%	1.8%	-0.7%	142.8M	-9.13B	-30.2M	0.66	2.78	48,393	32,072	958,135	771,114
2024-05-31	$173.87	$125.00	23.2%	6.8%	16.3%	21.0%	24.2%	1.9%	-0.8%	164.1M	-9.23B	-30.0M	0.82	2.79	57,330	46,989	968,000	771,699