GOOG Options History — July 2025

In July 2025, GOOG traded between $174.99 and $197.07. ATM implied volatility averaged 33.8%, placing in the 34.6% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 11.4% (HV 20d: 22.4%). Max pain ranged from $165.00 to $175.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.42.

Notable Days

2025-07-24: Highest Volume — 644,484 contracts
2025-07-24: Largest IV drop — 21.4% change
2025-07-07: Highest IV Rank — 44.0%
2025-07-22: Largest Expected Move — 11.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$185.94	$174.99	$197.07	$176.88	$193.02
Max Pain	$167.84	$165.00	$175.00	$165.00	$175.00
ATM IV	33.8%	27.1%	37.5%	35.1%	28.3%
Expected Move	9.4%	7.3%	11.2%	7.3%	8.4%
HV 20d	22.4%	15.9%	27.4%	26.6%	18.9%
HV 60d	32.4%	29.8%	38.8%	38.8%	30.2%
IV Rank	34.6%	17.7%	44.0%	38.0%	20.6%
IV Percentile	73.9%	36.5%	90.9%	83.7%	43.3%
Term Structure	-1.2%	-2.5%	0.2%	-2.0%	-0.8%
VWIV	33.3%	26.1%	39.4%	26.5%	29.6%
Skew 25d	1.4%	-0.1%	2.8%	1.8%	2.8%
Skew 10d	3.3%	0.2%	6.3%	3.7%	6.3%
Call IV 25d	33.5%	26.5%	36.8%	34.8%	27.9%
Put IV 25d	34.9%	28.3%	37.7%	36.6%	30.6%
Bid-Ask Spread %	3.09	2.07	4.25	2.07	2.70
Gamma HHI	0.12	0.08	0.28	0.11	0.10
Net GEX	248.5M	148.0M	413.1M	260.5M	197.1M
Net DEX	-5.75B	-7.21B	-3.44B	-4.42B	-5.72B
Net VEX	-39.0M	-40.2M	-37.8M	-39.3M	-40.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.42	0.18	0.57	0.18	0.37
Total Volume	233,860.773	136,598	644,484	237,917	225,847
Total OI	1,457,365.227	1,296,801	1,628,325	1,488,423	1,525,796

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
2025-07-01	$176.88	$165.00	35.1%	7.3%	26.6%	38.0%	26.5%	1.8%	-2.0%	260.5M	-4.42B	-39.3M	0.18	2.07	201,116	36,801	956,278	532,145
2025-07-02	$179.34	$165.00	35.5%	7.3%	26.4%	38.8%	26.1%	1.6%	-0.8%	296.0M	-5.08B	-39.0M	0.32	2.51	141,953	45,350	891,500	538,205
2025-07-03	$180.34	$165.00	35.0%	9.5%	26.4%	37.7%	33.7%	1.6%	-2.5%	413.1M	-5.28B	-38.9M	0.30	3.49	129,762	39,352	890,050	547,517
2025-07-07	$177.07	$165.00	37.5%	10.2%	27.4%	44.0%	35.5%	1.5%	-1.2%	182.1M	-4.02B	-38.3M	0.47	4.22	92,825	43,773	844,661	520,416
2025-07-08	$174.99	$165.00	36.2%	10.0%	25.9%	40.7%	34.8%	1.9%	-1.2%	148.0M	-3.44B	-37.8M	0.40	2.91	105,402	41,878	870,320	533,520
2025-07-09	$177.63	$165.00	35.9%	9.9%	26.1%	40.0%	35.1%	1.1%	-1.3%	222.3M	-4.29B	-38.5M	0.54	4.25	185,266	100,899	896,355	544,254
2025-07-10	$178.73	$165.00	35.7%	10.0%	25.7%	39.4%	35.2%	1.0%	-1.2%	239.4M	-4.55B	-38.6M	0.47	3.93	131,240	61,877	909,892	565,205
2025-07-11	$181.55	$165.00	35.7%	10.0%	26.2%	39.5%	35.2%	1.3%	-1.3%	253.9M	-5.52B	-39.2M	0.54	3.13	190,174	102,849	916,778	581,203
2025-07-14	$182.77	$165.00	36.8%	10.4%	25.8%	42.2%	36.9%	0.6%	-1.3%	228.7M	-5.47B	-39.2M	0.37	2.94	135,929	50,072	867,879	558,702
2025-07-15	$184.73	$165.00	36.3%	10.3%	25.9%	40.9%	36.5%	1.4%	-1.4%	279.2M	-6.09B	-39.1M	0.38	4.07	141,463	54,077	890,985	567,398
2025-07-16	$184.24	$165.00	36.6%	10.5%	25.6%	41.5%	37.0%	1.4%	-1.4%	258.3M	-5.79B	-39.0M	0.47	4.16	108,519	50,750	896,747	575,594
2025-07-17	$184.93	$165.00	36.0%	10.4%	25.6%	40.1%	36.6%	1.0%	-1.4%	284.2M	-6.00B	-38.7M	0.47	3.65	98,323	46,697	900,481	583,508
2025-07-18	$185.92	$165.00	35.8%	10.4%	25.4%	39.6%	36.4%	1.2%	-1.5%	264.0M	-6.35B	-38.4M	0.36	2.94	189,824	67,839	906,977	589,700
2025-07-21	$191.14	$165.00	35.8%	10.7%	19.1%	39.6%	37.8%	0.9%	-1.4%	202.3M	-6.52B	-38.7M	0.54	3.00	165,352	89,126	787,185	509,616
2025-07-22	$192.20	$170.00	37.1%	11.2%	16.9%	43.0%	39.4%	0.5%	-1.5%	200.2M	-6.76B	-39.6M	0.43	2.85	137,751	58,612	820,584	544,314
2025-07-23	$191.69	$170.00	36.2%	10.8%	17.0%	40.6%	38.7%	-0.1%	-1.4%	206.0M	-6.67B	-39.6M	0.57	3.18	194,589	110,513	849,051	569,190
2025-07-24	$193.09	$170.00	28.4%	8.2%	16.2%	21.1%	29.5%	1.7%	-0.0%	267.8M	-7.10B	-38.5M	0.43	2.17	452,236	192,248	905,567	614,915
2025-07-25	$194.22	$172.50	27.1%	7.7%	15.9%	17.7%	27.3%	1.5%	0.2%	293.0M	-7.21B	-39.2M	0.45	2.07	237,276	105,709	979,918	648,407
2025-07-28	$192.75	$175.00	27.3%	7.9%	16.6%	18.2%	27.9%	1.6%	-0.6%	209.5M	-6.00B	-39.0M	0.49	2.62	135,423	66,170	869,507	580,674
2025-07-29	$196.39	$175.00	28.2%	8.1%	17.1%	20.5%	28.8%	1.5%	-0.7%	277.6M	-7.07B	-39.4M	0.27	2.17	161,236	43,007	889,671	594,809
2025-07-30	$197.07	$175.00	27.5%	7.9%	16.8%	18.7%	28.2%	2.2%	-0.9%	283.2M	-7.12B	-38.9M	0.46	3.01	120,340	55,492	897,473	599,088
2025-07-31	$193.02	$175.00	28.3%	8.4%	18.9%	20.6%	29.6%	2.8%	-0.8%	197.1M	-5.72B	-40.2M	0.37	2.70	164,704	61,143	911,392	614,404