GOOGL Options History — November 2014

In November 2014, GOOGL traded between $27.15 and $28.23. ATM implied volatility averaged 17.8%, placing in the 6.7% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded below realized volatility by 0.9% (HV 20d: 18.7%). Max pain ranged from $24.75 to $28.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 17 of 19 days. Put/call ratio averaged 0.67.

Notable Days

2014-11-21: Highest Volume — 790,040 contracts
2014-11-10: Largest IV drop — 8.1% change
2014-11-06: Highest IV Rank — 11.2%
2014-11-06: Largest Expected Move — 6.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$27.61	$27.15	$28.23	$28.19	$27.45
Max Pain	$27.50	$24.75	$28.00	$27.75	$24.75
ATM IV	17.8%	16.1%	19.3%	18.1%	16.5%
Expected Move	6.3%	6.1%	6.5%	6.3%	6.2%
HV 20d	18.7%	12.5%	27.8%	27.8%	12.5%
HV 60d	19.7%	19.5%	20.1%	19.9%	19.7%
IV Rank	6.7%	1.6%	11.2%	7.6%	2.8%
IV Percentile	23.7%	4.8%	38.9%	27.2%	7.7%
Term Structure	0.3%	-0.3%	0.6%	0.5%	0.4%
VWIV	22.7%	21.7%	23.5%	22.7%	22.0%
Skew 25d	2.0%	1.7%	2.5%	2.3%	2.5%
Skew 10d	3.9%	3.2%	5.7%	4.5%	4.6%
Call IV 25d	17.2%	15.4%	18.4%	17.6%	15.5%
Put IV 25d	19.2%	17.6%	20.6%	19.9%	18.0%
Bid-Ask Spread %	31.37	3.45	42.25	36.17	8.26
Gamma HHI	0.06	0.03	0.18	0.04	0.18
Net GEX	37.5M	-19.6M	122.9M	65.1M	122.9M
Net DEX	-68.3M	-773.3M	541.1M	-773.3M	90.5M
Net VEX	-10.6M	-11.4M	-9.7M	-11.4M	-10.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.67	0.50	0.83	0.66	0.50
Total Volume	593,623.158	304,000	790,040	574,500	341,340
Total OI	3,990,257.895	3,262,600	4,331,660	3,926,140	3,650,760

Daily Data (19 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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2014-11-03	$28.19	$27.75	18.1%	6.3%	27.8%	7.6%	22.7%	2.3%	0.5%	65.1M	-773.3M	-11.4M	0.66	36.17	N/A	N/A	346,940	227,560	2,243,160	1,682,980
2014-11-04	$28.23	$27.75	18.0%	6.3%	26.7%	7.5%	22.6%	2.3%	0.5%	71.7M	-650.6M	-11.0M	0.74	35.26	N/A	N/A	333,140	246,800	2,290,560	1,726,880
2014-11-05	$27.77	$27.75	18.9%	6.4%	26.3%	10.0%	23.0%	2.2%	0.5%	22.6M	-332.4M	-11.2M	0.57	36.48	N/A	N/A	452,180	255,960	2,313,480	1,771,720
2014-11-06	$27.56	$27.75	19.3%	6.5%	25.5%	11.2%	22.9%	2.2%	0.4%	7.1M	-50.5M	-11.2M	0.60	37.46	N/A	N/A	392,020	235,660	2,400,580	1,840,200
2014-11-07	$27.59	$27.75	18.6%	6.5%	24.9%	9.2%	23.3%	2.3%	0.6%	-4.4M	144.0M	-11.0M	0.77	35.35	N/A	N/A	440,080	338,960	2,455,200	1,863,480
2014-11-10	$27.88	$27.75	17.1%	6.2%	22.3%	4.6%	22.8%	1.8%	0.4%	61.7M	-315.7M	-10.6M	0.61	37.43	N/A	N/A	449,460	274,240	2,251,060	1,715,800
2014-11-11	$28.05	$28.00	17.0%	6.2%	21.2%	4.4%	22.8%	1.7%	0.1%	71.0M	-332.8M	-10.5M	0.72	37.23	N/A	N/A	324,680	234,080	2,276,520	1,707,820
2014-11-12	$27.92	$28.00	17.8%	6.2%	18.9%	6.8%	23.1%	1.7%	-0.0%	68.0M	-212.3M	-10.8M	0.78	38.32	N/A	N/A	322,780	253,080	2,358,460	1,797,220
2014-11-13	$27.74	$27.75	18.2%	6.3%	18.8%	8.0%	23.3%	1.8%	0.3%	45.6M	-250.5M	-11.0M	0.64	41.76	N/A	N/A	392,440	251,140	2,389,260	1,834,560
2014-11-14	$27.76	$27.75	17.8%	6.3%	15.6%	6.7%	22.4%	1.8%	0.0%	14.1M	-104.4M	-11.1M	0.70	40.70	N/A	N/A	247,380	173,400	2,127,160	1,753,200
2014-11-17	$27.31	$27.75	18.8%	6.4%	15.9%	9.9%	22.7%	1.9%	0.2%	12.3M	309.3M	-9.9M	0.60	39.16	N/A	N/A	442,180	266,500	2,308,500	1,751,460
2014-11-18	$27.19	$27.75	18.9%	6.4%	15.8%	10.0%	22.8%	1.9%	0.2%	5.0M	529.3M	-9.9M	0.76	39.62	N/A	N/A	340,240	260,260	2,388,640	1,794,780
2014-11-19	$27.36	$27.75	18.5%	6.4%	15.5%	8.8%	22.7%	1.9%	-0.3%	18.3M	299.2M	-10.5M	0.66	42.25	N/A	N/A	326,800	216,360	2,135,280	1,731,060
2014-11-20	$27.15	$27.75	18.0%	6.4%	14.0%	7.5%	23.1%	1.9%	0.4%	8.5M	541.1M	-9.7M	0.68	37.92	N/A	N/A	360,200	245,740	2,434,500	1,793,980
2014-11-21	$27.27	$27.75	17.2%	6.3%	13.8%	5.1%	22.8%	1.8%	0.4%	-19.6M	-680.4M	-10.3M	0.83	36.87	N/A	N/A	432,460	357,580	2,493,880	1,837,780
2014-11-24	$27.37	$0.00	16.7%	6.2%	13.9%	3.3%	21.7%	1.9%	0.4%	33.1M	174.3M	-10.3M	0.52	3.45	N/A	N/A	352,280	183,560	1,825,060	1,437,540
2014-11-25	$27.45	$26.75	16.3%	6.1%	12.5%	2.2%	21.7%	1.9%	0.2%	61.2M	143.7M	-10.6M	0.64	5.53	N/A	N/A	399,780	257,580	2,252,380	1,615,140
2014-11-26	$27.39	$26.75	16.1%	6.1%	12.6%	1.6%	23.5%	2.3%	0.6%	47.9M	173.3M	-10.5M	0.74	6.77	N/A	N/A	174,460	129,540	2,005,920	1,558,940
2014-11-28	$27.45	$24.75	16.5%	6.2%	12.5%	2.8%	22.0%	2.5%	0.4%	122.9M	90.5M	-10.5M	0.50	8.26	N/A	N/A	227,900	113,440	2,051,800	1,598,960