GOOGL Options History — May 2014

In May 2014, GOOGL traded between $25.90 and $28.74. ATM implied volatility averaged 18.5%. The 30-day expected move averaged 6.7%. IV traded below realized volatility by 16.2% (HV 20d: 34.7%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.74.

Notable Days

  • 2014-05-23: Highest Volume — 932,900 contracts
  • 2014-05-27: Largest IV spike — 8.2% change
  • 2014-05-07: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.15$25.90$28.74$26.93$28.58
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV18.5%16.3%21.1%20.5%17.4%
Expected Move6.7%6.3%7.0%7.0%6.4%
HV 20d34.7%19.9%237.3%237.3%19.9%
Term Structure0.1%-0.5%1.0%-0.1%-0.5%
VWIV23.8%22.1%25.6%25.0%22.4%
Skew 25d1.8%0.9%2.7%2.1%2.3%
Skew 10d3.5%1.5%6.1%5.2%4.6%
Call IV 25d17.9%15.7%19.8%19.4%16.8%
Put IV 25d19.7%17.0%22.6%21.6%19.1%
Bid-Ask Spread %12.079.8515.7513.0111.79
Gamma HHI0.080.050.120.070.09
Net GEX51.6M-26.6M123.8M56.5M45.6M
Net DEX-580.5M-1.67B358.1M-365.8M-1.35B
Net VEX-6.0M-7.2M-4.9M-4.9M-7.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.491.040.610.89
Total Volume562,272.381323,840932,900463,920547,120
Total OI2,031,862.8571,631,7802,452,6801,818,1402,452,680

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-05-01$26.93$25.0020.5%7.0%237.3%0.0%25.0%2.1%-0.1%56.5M-365.8M-4.9M0.6113.01N/AN/A288,780175,1401,007,400810,740
2014-05-02$26.69$25.0019.8%7.0%34.4%0.0%23.8%2.3%0.5%36.4M-192.9M-4.9M0.6012.04N/AN/A362,920217,0801,086,340841,780
2014-05-05$26.77$25.0019.7%6.9%30.3%0.0%25.5%2.1%-0.1%38.7M-188.8M-4.9M0.6711.96N/AN/A193,400130,440949,120682,660
2014-05-06$26.13$25.0020.2%6.9%31.3%0.0%24.4%1.4%-0.2%-11.7M232.2M-4.9M0.7911.31N/AN/A221,880176,0801,026,340744,540
2014-05-07$25.90$25.0021.1%7.0%28.9%0.0%25.6%2.7%0.1%-26.6M358.1M-4.9M0.7210.97N/AN/A387,720278,3401,056,760764,600
2014-05-08$26.01$25.0020.5%7.0%28.0%0.0%24.7%1.9%-0.1%1.9M206.2M-5.3M0.7111.26N/AN/A329,740233,7601,187,580827,340
2014-05-09$26.33$25.0019.6%6.9%25.9%0.0%24.9%2.4%-0.1%58.8M-118.0M-5.5M0.7611.56N/AN/A400,560304,9201,236,560871,660
2014-05-12$26.92$25.0018.5%6.8%26.6%0.0%24.1%2.4%-0.3%65.3M-542.0M-5.7M0.7911.22N/AN/A360,540286,3801,080,680768,540
2014-05-13$27.08$25.0017.7%6.6%26.2%0.0%24.6%1.5%0.0%87.6M-698.0M-5.9M0.559.85N/AN/A332,740182,1001,166,340869,180
2014-05-14$26.72$25.0018.1%6.6%26.5%0.0%23.5%0.9%0.3%43.8M-335.5M-6.2M0.8010.68N/AN/A243,800195,7401,218,420929,620
2014-05-15$26.46$25.0018.6%6.6%24.3%0.0%23.5%1.9%0.2%-392.9K9.5M-5.8M0.9213.67N/AN/A276,840253,9401,186,640926,020
2014-05-16$26.41$25.0018.5%6.6%20.8%0.0%25.5%2.3%-0.3%22.3M-3.2M-5.9M0.8815.75N/AN/A346,560303,2601,257,580971,280
2014-05-19$26.94$25.0017.8%6.6%21.9%0.0%23.4%1.7%0.9%56.6M-468.8M-6.4M0.5212.85N/AN/A269,900139,600981,840745,120
2014-05-20$27.02$25.0017.9%6.5%21.6%0.0%24.2%1.4%1.0%74.7M-583.2M-6.6M0.6011.71N/AN/A439,180264,2201,053,980819,160
2014-05-21$27.48$25.0016.9%6.5%21.7%0.0%23.5%1.6%0.7%105.9M-1.01B-6.8M0.8413.53N/AN/A253,340212,7201,134,020902,720
2014-05-22$27.77$25.0016.7%6.5%21.8%0.0%22.4%1.6%0.9%123.8M-1.30B-6.9M0.8312.23N/AN/A370,020305,5401,170,000992,720
2014-05-23$28.19$25.0016.3%6.3%20.4%0.0%22.4%1.4%1.0%73.8M-1.67B-6.9M0.4912.42N/AN/A627,320305,5801,210,3201,085,220
2014-05-27$28.74$25.0017.6%6.3%21.1%0.0%23.1%1.7%-0.5%89.0M-1.56B-6.8M0.6812.44N/AN/A420,260283,7401,104,420939,680
2014-05-28$28.52$25.0018.2%6.4%20.1%0.0%22.1%1.1%-0.5%78.3M-1.33B-7.1M0.8611.49N/AN/A249,180214,2401,176,0001,074,000
2014-05-29$28.53$25.0018.0%6.4%20.0%0.0%22.3%1.8%-0.3%62.9M-1.29B-7.2M1.0411.74N/AN/A207,580215,5201,213,7801,145,740
2014-05-30$28.58$25.0017.4%6.4%19.9%0.0%22.4%2.3%-0.5%45.6M-1.35B-7.2M0.8911.79N/AN/A289,220257,9001,247,8001,204,880