GOOG Options History — February 2025

In February 2025, GOOG traded between $170.55 and $208.01. ATM implied volatility averaged 27.8%, placing in the 37.7% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded below realized volatility by 10.2% (HV 20d: 38.0%). Max pain ranged from $165.00 to $180.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.47.

Notable Days

  • 2025-02-05: Highest Volume — 591,111 contracts
  • 2025-02-05: Largest IV drop — 29.7% change
  • 2025-02-04: Highest IV Rank — 86.5%
  • 2025-02-04: Largest Expected Move — 12.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$186.03$170.55$208.01$203.29$170.74
Max Pain$177.63$165.00$180.00$165.00$175.00
ATM IV27.8%24.6%37.7%36.5%30.2%
Expected Move8.2%7.1%12.7%12.0%8.9%
HV 20d38.0%26.9%41.3%26.9%35.9%
HV 60d33.8%31.0%35.0%31.0%33.7%
IV Rank37.7%22.1%86.5%80.7%49.6%
IV Percentile54.8%36.1%98.4%94.8%67.1%
Term Structure-0.4%-1.8%0.3%-1.4%-0.6%
VWIV28.8%25.2%44.3%42.3%31.1%
Skew 25d2.0%0.6%3.8%1.8%3.7%
Skew 10d3.9%0.9%7.4%4.7%7.4%
Call IV 25d27.0%24.6%36.5%35.2%28.8%
Put IV 25d29.0%25.4%37.6%37.0%32.5%
Bid-Ask Spread %2.802.115.412.402.11
Gamma HHI0.080.060.150.080.08
Net GEX74.1M-8.4M164.2M145.3M342.0K
Net DEX-3.33B-7.63B-37.2M-6.59B-299.3M
Net VEX-31.2M-32.4M-29.0M-30.2M-30.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.330.740.740.56
Total Volume206,407.42190,172591,111105,925221,116
Total OI1,350,031.2111,115,3351,458,2271,115,3351,389,850

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-02-03$203.29$165.0036.5%12.0%26.9%80.7%42.3%1.8%-1.4%145.3M-6.59B-30.2M0.742.4060,76245,163659,374455,961
2025-02-04$208.01$170.0037.7%12.7%27.5%86.5%44.3%1.1%-1.8%164.2M-7.63B-30.0M0.625.41168,765105,293675,200473,135
2025-02-05$191.78$170.0026.5%7.6%40.1%31.6%27.4%1.1%-0.1%33.2M-3.91B-29.0M0.452.62408,193182,918735,088524,985
2025-02-06$192.85$180.0024.6%7.2%40.2%22.1%25.6%0.6%0.3%133.9M-4.85B-31.5M0.352.96154,35854,667861,129558,386
2025-02-07$187.38$180.0026.4%7.6%41.3%31.2%26.6%1.5%0.1%-8.4M-3.34B-31.1M0.472.34304,640143,931882,666555,626
2025-02-10$188.31$180.0024.7%7.1%41.3%22.8%25.3%1.7%-0.1%125.4M-4.04B-32.3M0.362.67112,39440,109839,700526,988
2025-02-11$186.99$180.0025.3%7.2%41.3%25.7%25.4%1.7%-0.2%104.7M-3.67B-32.1M0.353.3397,75434,341860,942535,409
2025-02-12$185.31$180.0025.6%7.3%41.3%27.2%25.5%1.7%-0.2%62.4M-3.18B-32.0M0.412.5591,63037,961884,051544,428
2025-02-13$187.40$180.0025.4%7.3%39.3%26.2%25.5%1.3%-0.1%120.0M-3.92B-32.4M0.332.98105,81135,409896,632546,929
2025-02-14$187.30$180.0025.2%7.2%39.2%25.2%25.9%0.9%0.2%113.6M-3.95B-32.4M0.383.0295,97736,778909,435548,792
2025-02-18$184.92$180.0025.8%7.4%38.8%27.8%26.2%1.4%-0.3%75.1M-3.33B-31.5M0.332.70121,91840,331844,108521,943
2025-02-19$186.81$180.0025.2%7.2%38.8%25.1%25.6%1.2%-0.2%121.0M-3.93B-32.1M0.333.0667,59322,579870,232533,215
2025-02-20$186.59$180.0024.9%7.2%38.8%23.7%25.2%1.4%-0.3%106.6M-3.83B-31.8M0.472.6969,51532,699874,754535,129
2025-02-21$181.44$180.0027.2%7.9%39.8%35.0%27.4%3.5%-0.6%23.9M-2.43B-31.1M0.542.46150,28780,543886,140534,859
2025-02-24$182.25$180.0027.1%7.8%39.2%34.3%27.3%2.6%-1.2%65.2M-2.31B-31.2M0.592.6289,17052,768763,315470,320
2025-02-25$177.83$180.0028.2%8.4%37.7%39.9%29.1%3.6%-0.4%8.8M-1.27B-30.9M0.582.61129,67875,439783,417490,594
2025-02-26$174.85$180.0029.0%8.5%37.2%43.8%30.2%3.5%-0.4%15.3M-826.3M-30.7M0.442.33162,12871,729817,361490,745
2025-02-27$170.55$175.0031.9%9.4%37.6%58.0%32.2%3.8%-0.8%-2.1M-37.2M-30.4M0.652.37131,72785,667860,832508,923
2025-02-28$170.74$175.0030.2%8.9%35.9%49.6%31.1%3.7%-0.6%342.0K-299.3M-30.7M0.562.11142,15678,960882,858506,992