GOOG Options History — March 2025

In March 2025, GOOG traded between $155.85 and $175.59. ATM implied volatility averaged 32.2%, placing in the 59.5% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded below realized volatility by 0.6% (HV 20d: 32.8%). Max pain ranged from $170.00 to $180.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.49.

Notable Days

  • 2025-03-28: Highest Volume — 257,487 contracts
  • 2025-03-10: Largest IV spike — 20.3% change
  • 2025-03-31: Highest IV Rank — 93.9%
  • 2025-03-10: Largest Expected Move — 12.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$167.40$155.85$175.59$168.00$156.80
Max Pain$176.67$170.00$180.00$175.00$175.00
ATM IV32.2%28.1%39.2%32.7%39.2%
Expected Move10.0%9.0%12.5%10.1%10.7%
HV 20d32.8%24.8%40.0%34.9%39.9%
HV 60d33.3%31.7%35.5%33.7%34.8%
IV Rank59.5%39.3%93.9%61.8%93.9%
IV Percentile71.7%51.6%99.6%74.2%99.6%
Term Structure1.4%-1.4%4.6%-0.4%-1.4%
VWIV34.6%31.1%43.3%34.5%36.3%
Skew 25d4.4%3.5%6.4%4.4%5.2%
Skew 10d8.9%6.4%13.0%8.8%10.0%
Call IV 25d29.9%26.3%37.0%31.0%37.0%
Put IV 25d34.3%30.1%42.2%35.4%42.2%
Bid-Ask Spread %2.871.385.842.915.84
Gamma HHI0.060.050.140.060.05
Net GEX47.9M-11.8M139.5M17.2M6.8M
Net DEX-694.3M-2.20B821.8M-116.4M274.7M
Net VEX-30.2M-32.7M-27.3M-30.4M-28.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.490.340.820.390.46
Total Volume155,299102,827257,487142,292186,719
Total OI1,346,217.2381,189,5321,453,5201,308,4761,249,714

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-03-03$168.00$175.0032.7%10.1%34.9%61.8%34.5%4.4%-0.4%17.2M-116.4M-30.4M0.392.91102,68739,605815,035493,441
2025-03-04$173.16$175.0031.2%9.7%37.7%54.5%33.1%4.0%-0.3%51.4M-1.17B-31.8M0.353.02168,50359,005837,746503,363
2025-03-05$175.25$175.0030.8%9.4%36.7%52.4%32.7%3.5%-0.3%106.3M-1.87B-32.5M0.342.1791,58830,731873,213514,730
2025-03-06$173.85$175.0032.9%10.1%24.8%62.7%35.3%4.1%-0.5%101.9M-1.57B-32.7M0.532.2979,94142,355884,474519,690
2025-03-07$175.59$175.0031.6%9.6%25.1%56.4%33.5%4.2%-0.6%139.5M-1.94B-32.6M0.532.04105,79455,615888,072527,122
2025-03-10$167.44$175.0038.0%12.5%28.1%87.8%43.3%6.4%-1.3%28.1M-118.6M-30.3M0.462.30143,05965,664819,721504,493
2025-03-11$166.75$175.0036.5%11.8%27.9%80.4%41.2%6.0%-1.1%31.0M-65.9M-30.2M0.571.81100,49657,077850,985512,458
2025-03-12$169.11$175.0032.7%10.3%28.8%61.8%35.6%5.2%-0.7%51.0M-595.5M-30.7M0.371.44129,43047,734864,077523,979
2025-03-13$164.60$170.0034.4%10.8%29.8%70.2%37.0%5.3%-0.7%11.4M123.4M-29.3M0.691.3895,43665,869885,575518,568
2025-03-14$167.06$170.0031.1%9.0%30.1%53.8%31.1%4.5%-0.4%52.9M-490.8M-29.7M0.481.67127,08960,397900,012513,454
2025-03-17$167.48$180.0029.8%9.7%30.2%47.6%35.1%3.6%2.5%29.1M-608.9M-29.6M0.423.5172,58330,244839,179497,346
2025-03-18$162.25$180.0032.1%10.2%31.5%59.0%34.1%4.2%2.8%8.3M283.9M-28.5M0.503.48121,07261,043871,170506,921
2025-03-19$167.82$180.0028.3%9.4%34.2%40.3%32.8%3.5%2.9%66.8M-1.12B-30.2M0.463.5894,57043,619898,425513,530
2025-03-20$165.13$180.0030.2%9.7%34.3%49.8%34.4%3.8%4.2%32.1M-438.9M-29.6M0.823.2269,23356,433908,867524,576
2025-03-21$165.26$180.0029.2%9.5%33.4%44.8%32.7%3.7%3.0%25.7M-580.1M-29.5M0.423.9992,91439,140927,243526,277
2025-03-24$169.73$180.0028.1%9.0%35.1%39.3%31.5%3.7%4.3%76.0M-1.60B-30.3M0.443.1279,13935,047740,042449,490
2025-03-25$172.38$180.0028.4%9.1%34.8%40.6%31.5%3.7%4.6%112.1M-2.20B-31.4M0.362.9179,08228,105765,461461,708
2025-03-26$167.30$180.0031.3%9.7%35.9%54.9%33.0%4.2%4.5%46.6M-1.08B-30.5M0.552.7368,98237,841781,647474,190
2025-03-27$164.69$180.0031.5%9.6%35.2%55.8%32.7%4.1%4.5%23.3M-516.0M-29.9M0.533.0791,50748,444798,660485,134
2025-03-28$155.85$175.0036.6%10.5%40.0%80.9%36.0%5.4%4.1%-11.8M821.8M-27.3M0.563.89165,39192,096816,067484,707
2025-03-31$156.80$175.0039.2%10.7%39.9%93.9%36.3%5.2%-1.4%6.8M274.7M-28.1M0.465.84127,56359,156784,506465,208