GOOG Options History — April 2025

In April 2025, GOOG traded between $145.66 and $163.68. ATM implied volatility averaged 42.7%, placing in the 64.7% IV rank vs the trailing year. The 30-day expected move averaged 12.1%. IV traded below realized volatility by 4.7% (HV 20d: 47.4%). Max pain ranged from $162.50 to $170.00. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.62.

Notable Days

2025-04-25: Highest Volume — 490,191 contracts
2025-04-09: Largest IV drop — 29.4% change
2025-04-03: Highest IV Rank — 100.0%
2025-04-08: Largest Expected Move — 16.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$156.56	$145.66	$163.68	$158.74	$160.14
Max Pain	$167.50	$162.50	$170.00	$170.00	$162.50
ATM IV	42.7%	31.0%	59.8%	38.4%	32.0%
Expected Move	12.1%	8.9%	16.2%	10.3%	9.5%
HV 20d	47.4%	36.3%	52.9%	38.4%	48.4%
HV 60d	39.6%	34.8%	42.0%	35.0%	41.4%
IV Rank	64.7%	27.4%	100.0%	89.9%	30.0%
IV Percentile	92.1%	63.1%	100.0%	98.8%	69.0%
Term Structure	-1.5%	-2.7%	0.2%	-1.6%	-0.1%
VWIV	41.4%	31.4%	53.2%	35.0%	33.3%
Skew 25d	8.7%	4.7%	14.2%	5.2%	5.0%
Skew 10d	16.5%	9.3%	28.5%	10.2%	10.9%
Call IV 25d	38.5%	28.3%	50.8%	36.4%	29.7%
Put IV 25d	47.2%	33.3%	64.8%	41.7%	34.7%
Bid-Ask Spread %	5.39	2.09	17.90	5.42	2.36
Gamma HHI	0.05	0.04	0.07	0.04	0.05
Net GEX	29.7M	-13.5M	94.9M	26.2M	53.9M
Net DEX	-246.9M	-1.79B	1.27B	-178.1M	-895.3M
Net VEX	-30.1M	-32.2M	-27.8M	-29.4M	-31.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.62	0.26	0.99	0.26	0.54
Total Volume	173,558.81	90,459	490,191	141,206	149,077
Total OI	1,346,829.571	1,212,546	1,429,085	1,285,868	1,396,989

Daily Data (21 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
2025-04-01	$158.74	$170.00	38.4%	10.3%	38.4%	89.9%	35.0%	5.2%	-1.6%	26.2M	-178.1M	-29.4M	0.26	5.42	111,801	29,405	808,082	477,786
2025-04-02	$158.86	$170.00	38.8%	10.3%	37.9%	91.8%	35.3%	5.0%	-1.6%	28.2M	-210.1M	-29.6M	0.43	2.73	65,029	27,711	820,621	485,340
2025-04-03	$153.31	$170.00	43.7%	11.6%	39.5%	100.0%	39.3%	7.1%	-2.2%	-4.3M	658.2M	-28.7M	0.86	4.53	123,121	105,788	831,214	490,735
2025-04-04	$150.64	$170.00	53.1%	14.1%	39.2%	100.0%	48.3%	13.8%	-1.2%	-13.5M	901.2M	-28.6M	0.69	9.23	159,870	110,201	851,880	501,340
2025-04-07	$148.53	$170.00	53.9%	14.7%	36.3%	100.0%	53.2%	13.2%	-2.2%	4.1M	944.7M	-28.4M	0.72	6.13	112,550	81,559	812,660	504,412
2025-04-08	$145.66	$170.00	59.8%	16.2%	36.7%	100.0%	52.5%	14.0%	-2.1%	-5.7M	1.27B	-27.8M	0.67	5.04	99,278	66,794	833,941	523,397
2025-04-09	$160.08	$170.00	42.2%	11.5%	51.0%	55.8%	42.2%	10.7%	-2.4%	61.7M	-925.3M	-31.0M	0.45	9.86	120,379	54,211	853,888	536,464
2025-04-10	$154.70	$170.00	50.3%	13.8%	51.5%	76.2%	48.2%	14.2%	-2.6%	35.1M	11.6M	-30.7M	0.99	10.04	68,641	67,842	867,669	541,471
2025-04-11	$159.28	$170.00	44.7%	12.3%	52.4%	62.0%	43.5%	12.3%	-2.4%	69.4M	-838.2M	-31.3M	0.74	17.90	85,206	62,711	872,458	556,627
2025-04-14	$162.30	$170.00	42.2%	11.9%	52.9%	55.9%	39.4%	9.9%	-1.1%	44.5M	-1.07B	-31.4M	0.67	5.90	80,407	53,542	817,012	533,967
2025-04-15	$158.14	$170.00	40.6%	11.6%	52.5%	51.7%	38.6%	9.6%	-0.7%	19.8M	-245.8M	-30.3M	0.74	4.76	84,965	63,115	834,887	542,030
2025-04-16	$154.99	$165.00	44.2%	12.7%	51.2%	60.7%	40.9%	9.8%	-1.2%	5.1M	208.7M	-30.0M	0.68	4.77	69,839	47,238	848,741	549,011
2025-04-17	$153.41	$165.00	41.9%	12.1%	51.1%	55.0%	42.7%	9.1%	-0.9%	-1.9M	454.5M	-29.2M	0.98	4.81	87,647	86,040	854,009	550,938
2025-04-21	$149.45	$165.00	46.2%	13.8%	51.7%	65.8%	47.2%	8.1%	-2.2%	-9.0M	707.0M	-28.1M	0.65	2.96	54,950	35,509	714,039	498,507
2025-04-22	$153.37	$165.00	44.0%	13.4%	51.6%	60.3%	44.4%	8.0%	-2.0%	6.1M	105.7M	-29.3M	0.43	3.27	68,594	29,337	731,277	507,109
2025-04-23	$157.35	$165.00	44.1%	13.1%	52.3%	60.7%	46.2%	7.5%	-2.2%	29.3M	-590.0M	-30.8M	0.55	2.81	88,403	48,577	755,220	519,042
2025-04-24	$161.22	$165.00	42.8%	13.0%	52.3%	57.3%	43.9%	5.8%	-2.7%	54.4M	-1.34B	-32.2M	0.51	4.18	188,902	96,360	782,651	540,039
2025-04-25	$163.68	$165.00	31.0%	9.2%	52.4%	27.4%	31.5%	4.7%	-0.6%	94.9M	-1.79B	-31.3M	0.45	2.23	339,008	151,183	846,926	580,882
2025-04-28	$162.13	$165.00	31.9%	9.2%	48.4%	29.8%	32.2%	5.3%	0.2%	60.4M	-1.18B	-31.2M	0.46	2.09	103,650	47,248	806,428	531,354
2025-04-29	$161.88	$165.00	31.1%	8.9%	48.4%	27.7%	31.4%	4.9%	0.2%	66.0M	-1.17B	-31.2M	0.52	2.22	78,260	40,787	829,831	542,547
2025-04-30	$160.14	$162.50	32.0%	9.5%	48.4%	30.0%	33.3%	5.0%	-0.1%	53.9M	-895.3M	-31.3M	0.54	2.36	96,924	52,153	844,240	552,749