GOOGL Options History — January 2015

In January 2015, GOOGL traded between $24.89 and $27.07. ATM implied volatility averaged 27.0%, placing in the 34.8% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 4.2% (HV 20d: 22.8%). Max pain ranged from $26.00 to $26.50. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.76.

Notable Days

2015-01-30: Highest Volume — 2,092,180 contracts
2015-01-30: Largest IV drop — 27.5% change
2015-01-06: Highest IV Rank — 45.1%
2015-01-29: Largest Expected Move — 8.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$25.80	$24.89	$27.07	$26.47	$26.98
Max Pain	$26.20	$26.00	$26.50	$26.50	$26.00
ATM IV	27.0%	19.6%	30.4%	28.4%	19.6%
Expected Move	7.5%	5.7%	8.4%	7.4%	5.7%
HV 20d	22.8%	18.8%	29.6%	24.4%	29.6%
HV 60d	20.3%	18.7%	23.0%	21.7%	23.0%
IV Rank	34.8%	12.2%	45.1%	39.0%	12.2%
IV Percentile	80.1%	39.3%	92.3%	90.6%	39.3%
Term Structure	-1.1%	-1.8%	0.5%	-1.1%	0.5%
VWIV	26.6%	20.5%	29.4%	26.3%	20.5%
Skew 25d	3.4%	2.3%	4.2%	4.2%	2.8%
Skew 10d	6.4%	3.1%	8.6%	7.8%	7.5%
Call IV 25d	25.7%	18.9%	28.9%	27.3%	18.9%
Put IV 25d	29.1%	21.8%	32.3%	31.5%	21.8%
Bid-Ask Spread %	55.45	49.48	82.85	51.90	52.73
Gamma HHI	0.13	0.04	0.43	0.09	0.43
Net GEX	12.0M	-84.1M	281.0M	45.4M	281.0M
Net DEX	187.0M	-1.97B	1.63B	11.5M	-1.97B
Net VEX	-12.8M	-15.3M	-11.6M	-12.3M	-15.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.76	0.46	1.15	0.92	0.52
Total Volume	830,835	328,440	2,092,180	669,980	2,092,180
Total OI	4,091,226	2,916,040	5,129,580	4,542,640	4,355,800

Daily Data (20 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
2015-01-02	$26.47	$26.50	28.4%	7.4%	24.4%	39.0%	26.3%	4.2%	-1.1%	45.4M	11.5M	-12.3M	0.92	51.90	N/A	N/A	348,860	321,120	2,667,360	1,875,280
2015-01-05	$25.97	$26.50	30.0%	7.9%	24.9%	43.9%	26.9%	4.2%	-1.1%	-33.0M	640.6M	-12.1M	0.79	82.85	N/A	N/A	250,060	197,260	2,146,400	1,697,120
2015-01-06	$25.33	$26.50	30.4%	8.0%	24.6%	45.1%	27.9%	3.5%	-1.2%	-63.7M	1.27B	-11.6M	0.95	59.03	N/A	N/A	359,700	343,060	2,232,560	1,755,860
2015-01-07	$25.26	$26.50	29.8%	7.9%	24.5%	43.5%	27.6%	3.4%	-0.6%	-72.6M	1.35B	-11.9M	0.71	52.98	N/A	N/A	265,260	189,480	2,351,500	1,846,740
2015-01-08	$25.35	$26.50	28.8%	7.7%	24.1%	40.3%	27.2%	3.8%	-1.3%	-57.4M	1.26B	-12.0M	0.74	51.85	N/A	N/A	650,040	480,680	2,741,560	1,973,940
2015-01-09	$25.04	$26.25	29.0%	7.6%	23.9%	40.9%	26.9%	3.9%	-1.8%	-80.2M	1.50B	-12.2M	0.86	55.46	N/A	N/A	518,880	445,580	2,928,940	2,114,920
2015-01-12	$24.89	$26.25	28.8%	7.7%	23.7%	40.4%	27.5%	3.8%	-1.4%	-79.4M	1.63B	-11.8M	1.15	51.28	N/A	N/A	367,660	423,700	2,770,740	1,951,200
2015-01-13	$25.09	$26.00	28.0%	7.6%	23.3%	37.9%	26.5%	3.4%	-1.4%	-66.5M	1.25B	-12.1M	0.74	59.00	N/A	N/A	575,540	425,680	2,844,160	2,038,380
2015-01-14	$25.30	$26.00	28.5%	7.8%	23.5%	39.5%	27.8%	3.6%	-1.3%	-44.2M	880.3M	-12.7M	1.09	59.35	N/A	N/A	425,960	462,340	2,953,420	2,080,620
2015-01-15	$25.20	$26.00	28.0%	7.8%	19.6%	38.0%	27.6%	3.2%	-1.2%	-84.1M	1.00B	-12.7M	0.81	59.83	N/A	N/A	377,220	305,480	2,997,600	2,131,980
2015-01-16	$25.52	$26.00	26.7%	7.3%	19.2%	33.8%	25.5%	3.6%	-1.7%	65.2M	364.0M	-12.4M	0.64	60.73	N/A	N/A	372,960	239,500	2,689,760	2,069,940
2015-01-20	$25.50	$26.00	26.1%	7.4%	18.8%	32.1%	25.9%	3.3%	-0.6%	38.4M	13.0M	-12.1M	0.60	49.48	N/A	N/A	267,300	159,960	1,715,320	1,200,720
2015-01-21	$26.02	$26.00	24.9%	7.1%	19.6%	28.4%	25.2%	3.2%	-0.6%	66.3M	-466.7M	-12.6M	0.46	53.92	N/A	N/A	425,380	195,420	1,764,220	1,249,840
2015-01-22	$26.85	$26.00	24.1%	7.0%	21.2%	26.2%	24.9%	3.1%	-1.0%	80.7M	-1.53B	-13.3M	0.52	49.94	N/A	N/A	773,040	404,840	2,068,740	1,360,780
2015-01-23	$27.07	$26.00	23.3%	6.8%	20.8%	23.4%	24.1%	2.8%	-1.3%	99.0M	-1.75B	-13.7M	0.51	51.39	N/A	N/A	634,240	326,540	2,149,500	1,456,420
2015-01-26	$26.84	$26.25	24.3%	7.3%	20.9%	26.5%	25.8%	2.9%	-0.7%	61.4M	-946.3M	-14.0M	0.81	53.94	N/A	N/A	181,880	146,560	1,842,420	1,248,160
2015-01-27	$26.06	$26.25	26.5%	8.1%	23.0%	33.4%	28.1%	2.7%	-1.2%	34.2M	-305.1M	-13.7M	0.89	52.37	N/A	N/A	208,300	185,020	1,890,880	1,315,180
2015-01-28	$25.66	$26.25	27.5%	8.3%	23.4%	36.5%	29.4%	2.3%	-1.3%	23.8M	-168.4M	-13.7M	0.86	51.21	N/A	N/A	344,740	295,480	2,146,720	1,434,080
2015-01-29	$25.67	$26.25	27.0%	8.4%	23.4%	34.9%	29.2%	3.4%	-1.4%	25.9M	-304.1M	-13.7M	0.58	49.80	N/A	N/A	1,030,260	599,540	2,243,380	1,522,380
2015-01-30	$26.98	$26.00	19.6%	5.7%	29.6%	12.2%	20.5%	2.8%	0.5%	281.0M	-1.97B	-15.3M	0.52	52.73	N/A	N/A	1,372,840	719,340	2,615,060	1,740,740