GOOG Options History — May 2025

In May 2025, GOOG traded between $152.45 and $174.02. ATM implied volatility averaged 29.3%, placing in the 23.3% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded below realized volatility by 14.8% (HV 20d: 44.1%). Max pain ranged from $160.00 to $165.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.42.

Notable Days

  • 2025-05-07: Highest Volume — 735,755 contracts
  • 2025-05-07: Largest IV spike — 28.1% change
  • 2025-05-07: Highest IV Rank — 41.7%
  • 2025-05-07: Largest Expected Move — 10.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$165.82$152.45$174.02$163.09$172.24
Max Pain$161.55$160.00$165.00$160.00$165.00
ATM IV29.3%26.5%36.6%28.8%27.5%
Expected Move8.3%7.5%10.0%8.6%7.8%
HV 20d44.1%41.4%55.4%48.8%41.7%
HV 60d42.0%37.9%43.3%41.3%42.7%
IV Rank23.3%16.1%41.7%22.0%18.7%
IV Percentile54.3%39.7%89.3%53.6%42.5%
Term Structure-0.3%-0.9%0.2%-0.0%-0.2%
VWIV29.6%26.7%34.2%29.5%28.3%
Skew 25d2.9%1.1%5.7%4.4%2.9%
Skew 10d6.5%2.7%11.8%9.9%7.6%
Call IV 25d28.5%25.5%33.9%27.3%26.7%
Put IV 25d31.4%28.6%39.7%31.7%29.6%
Bid-Ask Spread %3.372.0610.392.783.11
Gamma HHI0.080.050.150.070.08
Net GEX142.9M-17.9M244.0M104.6M180.4M
Net DEX-2.43B-4.41B761.1M-1.50B-3.58B
Net VEX-35.1M-39.4M-29.5M-31.6M-38.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.220.900.530.49
Total Volume283,749.09590,247735,755137,562197,041
Total OI1,522,916.5711,332,4981,653,1841,433,7061,631,887

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-05-01$163.09$160.0028.8%8.6%48.8%22.0%29.5%4.4%-0.0%104.6M-1.50B-31.6M0.532.7889,89947,663862,834570,872
2025-05-02$165.64$162.5027.5%7.9%47.0%18.6%27.8%4.3%0.2%168.0M-2.11B-31.9M0.462.57118,95154,404866,871570,696
2025-05-05$166.55$160.0028.3%8.1%46.3%20.7%27.4%4.2%0.1%95.5M-1.96B-31.7M0.502.1168,66234,007797,797534,701
2025-05-06$165.83$165.0028.6%8.2%45.9%21.5%31.4%4.9%0.1%89.1M-1.81B-31.8M0.902.1347,42642,821816,662547,804
2025-05-07$152.45$165.0036.6%10.0%55.4%41.7%34.2%5.7%-0.6%-17.9M761.1M-29.5M0.5010.39490,475245,280822,397566,661
2025-05-08$156.56$160.0030.1%8.5%44.6%25.2%29.8%3.9%0.0%121.1M-674.9M-32.0M0.524.57265,099136,871977,020626,712
2025-05-09$154.09$160.0029.8%8.4%43.2%24.4%30.0%3.6%0.2%25.8M32.5M-31.6M0.662.12191,584127,065995,802645,685
2025-05-12$159.56$160.0026.5%7.5%43.8%16.1%26.7%2.8%-0.3%65.1M-991.7M-32.9M0.442.70173,30275,987903,720611,445
2025-05-13$160.96$160.0028.0%7.8%43.4%19.8%27.4%2.3%-0.5%73.8M-1.33B-33.7M0.332.50167,96254,673916,079622,800
2025-05-14$166.31$160.0029.7%8.3%43.8%24.3%29.8%1.2%-0.7%156.5M-3.12B-35.9M0.303.36321,83397,904945,996628,348
2025-05-15$164.68$160.0029.2%8.2%43.2%23.0%29.5%2.1%-0.9%123.1M-2.50B-35.4M0.483.21141,80968,626957,948633,511
2025-05-16$167.34$160.0029.1%8.2%43.2%22.9%29.1%1.1%-0.6%187.0M-3.37B-36.3M0.273.36239,56764,880982,087643,202
2025-05-19$167.19$160.0029.4%8.4%41.7%23.6%29.8%1.6%-0.0%137.9M-2.78B-36.2M0.312.75100,51431,413853,569556,719
2025-05-20$165.21$160.0029.6%8.5%41.4%23.9%29.6%2.2%-0.2%124.0M-2.18B-36.2M0.223.09233,45352,183873,197568,262
2025-05-21$170.75$160.0030.0%8.6%42.0%25.0%30.1%2.7%-0.3%244.0M-3.98B-38.2M0.424.98394,561164,064939,264579,766
2025-05-22$173.02$160.0031.1%8.9%41.5%27.7%31.6%1.7%-0.4%233.7M-4.41B-39.0M0.254.82514,712126,683934,496611,359
2025-05-23$170.13$162.5030.9%8.9%41.8%27.4%32.0%2.6%0.1%201.9M-3.33B-39.4M0.363.63189,40467,3701,017,647635,537
2025-05-27$174.02$162.5028.8%8.3%42.2%22.1%30.3%2.3%-0.1%231.6M-4.23B-38.8M0.282.06151,46042,846954,458588,976
2025-05-28$173.73$165.0028.4%8.2%42.2%21.1%29.4%2.4%-0.2%231.8M-4.13B-38.6M0.282.26137,70338,801978,427601,935
2025-05-29$172.81$165.0027.5%8.0%42.0%18.6%28.3%2.6%-0.9%224.2M-3.81B-38.6M0.312.29114,15435,619999,027609,072
2025-05-30$172.24$165.0027.5%7.8%41.7%18.7%28.3%2.9%-0.2%180.4M-3.58B-38.3M0.493.11132,28264,7591,013,772618,115