GOOGL Options History — December 2014

In December 2014, GOOGL traded between $24.95 and $27.13. ATM implied volatility averaged 22.5%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 3.5% (HV 20d: 19.0%). Max pain ranged from $25.75 to $26.75. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 0.72.

Notable Days

  • 2014-12-16: Highest Volume — 1,099,420 contracts
  • 2014-12-15: Largest IV spike — 15.1% change
  • 2014-12-31: Highest IV Rank — 38.2%
  • 2014-12-16: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.46$24.95$27.13$26.98$26.53
Max Pain$26.60$25.75$26.75$25.75$26.50
ATM IV22.5%16.7%28.1%17.4%28.1%
Expected Move7.1%6.3%8.5%6.4%7.3%
HV 20d19.0%12.2%25.0%12.6%24.4%
HV 60d21.1%19.5%22.3%19.8%22.2%
IV Rank21.1%3.4%38.2%5.5%38.2%
IV Percentile59.2%10.5%90.1%20.6%90.1%
Term Structure2.1%-1.0%17.7%0.6%-1.0%
VWIV25.1%21.7%28.1%23.3%25.9%
Skew 25d3.4%0.9%15.9%2.1%4.3%
Skew 10d5.6%0.8%16.2%3.6%6.9%
Call IV 25d21.5%16.1%26.6%16.7%26.6%
Put IV 25d24.9%17.6%37.0%18.8%30.9%
Bid-Ask Spread %19.525.1150.575.1150.57
Gamma HHI0.060.040.100.060.05
Net GEX37.4M-35.4M123.4M2.2M24.4M
Net DEX353.6M-1.22B1.67B706.8M63.0M
Net VEX-11.9M-13.4M-9.5M-9.5M-12.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.720.491.040.520.79
Total Volume751,049.091282,5801,099,420688,640289,060
Total OI4,423,847.2733,804,9405,132,5003,804,9404,064,260

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-12-01$26.98$25.7517.4%6.4%12.6%5.5%23.3%2.1%0.6%2.2M706.8M-9.5M0.525.11N/AN/A453,340235,3002,231,6201,573,320
2014-12-02$26.89$26.5017.0%6.3%12.5%4.5%21.7%2.1%0.8%230.6K706.5M-10.4M0.645.21N/AN/A455,740293,7402,373,5601,615,700
2014-12-03$26.84$26.7516.7%6.4%12.5%3.4%22.2%1.9%1.0%15.0M576.3M-10.9M0.527.00N/AN/A398,120207,7002,551,6601,619,880
2014-12-04$27.13$26.7516.9%6.4%12.2%3.9%22.4%2.1%0.9%85.3M23.7M-11.6M0.495.93N/AN/A318,380155,0002,329,8801,536,580
2014-12-05$26.40$26.7517.0%6.5%15.2%4.5%22.3%0.9%2.0%-35.4M982.9M-10.6M0.826.31N/AN/A579,840473,4402,742,3801,656,280
2014-12-08$26.50$26.7519.0%6.8%15.3%10.4%24.0%2.6%0.8%31.4M412.4M-11.7M0.766.18N/AN/A444,540338,0802,683,3801,584,680
2014-12-09$26.79$26.7518.4%6.8%15.3%8.7%23.5%2.4%0.9%81.1M201.8M-11.6M0.807.11N/AN/A415,920331,6802,790,6601,632,560
2014-12-10$26.40$26.7520.2%7.1%15.7%14.2%24.1%2.3%1.2%30.4M648.2M-11.6M0.897.89N/AN/A381,220337,5002,830,0801,674,840
2014-12-11$26.57$26.7520.0%7.1%16.0%13.6%23.9%1.9%1.4%48.0M446.9M-11.8M0.678.15N/AN/A466,240310,4002,863,7601,730,140
2014-12-12$26.09$26.7522.0%7.5%16.9%19.6%25.2%1.0%1.9%-14.3M1.01B-11.6M0.828.22N/AN/A451,300368,6802,947,2401,772,240
2014-12-15$25.86$26.7525.3%8.0%17.0%29.7%27.9%3.6%3.6%-6.5M964.8M-11.4M1.048.27N/AN/A390,660405,5602,884,7001,707,540
2014-12-16$24.95$26.7525.7%8.5%20.0%30.9%28.0%15.9%17.7%-33.7M1.67B-10.9M0.689.16N/AN/A652,540446,8802,980,7001,810,120
2014-12-17$25.38$26.7526.4%8.2%21.4%32.9%28.1%2.7%3.6%-6.6M1.39B-11.7M0.6610.31N/AN/A580,560380,5203,133,4001,860,540
2014-12-18$25.66$26.7524.3%7.7%21.8%26.5%27.5%2.7%4.2%38.4M918.8M-12.4M0.9210.97N/AN/A511,840469,9403,236,5201,895,980
2014-12-19$26.00$26.5023.2%7.4%22.5%23.4%26.8%2.9%5.3%17.1M562.2M-12.6M0.7510.83N/AN/A578,200434,7402,958,8601,932,120
2014-12-22$26.58$26.5025.0%7.3%24.0%28.8%25.5%3.4%0.5%71.6M-222.9M-13.2M0.7547.40N/AN/A499,260373,6202,523,6601,701,120
2014-12-23$26.97$26.5024.6%7.0%24.6%27.6%26.0%3.3%0.7%123.4M-807.0M-13.3M0.5338.31N/AN/A582,640308,6602,609,3001,806,340
2014-12-24$26.85$26.5026.2%7.1%24.6%32.3%25.9%3.6%0.7%108.9M-617.3M-13.2M0.6539.13N/AN/A366,260239,2002,688,6801,857,880
2014-12-26$27.10$26.5026.6%7.1%24.8%33.5%26.0%4.2%0.6%118.6M-1.22B-13.4M0.6543.34N/AN/A430,820278,0202,747,1801,893,980
2014-12-29$26.87$26.5027.4%7.1%25.0%35.9%26.5%3.9%-0.8%66.5M-370.8M-12.7M0.6444.16N/AN/A368,520236,8402,517,6601,775,860
2014-12-30$26.76$26.5027.5%7.1%24.2%36.4%25.2%4.1%-1.0%55.7M-271.6M-12.9M0.9149.79N/AN/A148,160134,4202,276,6601,721,140
2014-12-31$26.53$26.5028.1%7.3%24.4%38.2%25.9%4.3%-1.0%24.4M63.0M-12.8M0.7950.57N/AN/A161,280127,7802,304,7401,759,520