GOOGL Options History — December 2015

In December 2015, GOOGL traded between $37.48 and $39.72. ATM implied volatility averaged 23.1%, placing in the 29.7% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 3.1% (HV 20d: 20.0%). Max pain ranged from $30.00 to $36.25. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 1.37.

Notable Days

  • 2015-12-04: Highest Volume — 1,609,960 contracts
  • 2015-12-28: Largest IV spike — 25.4% change
  • 2015-12-31: Highest IV Rank — 69.5%
  • 2015-12-11: Largest Expected Move — 7.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.56$37.48$39.72$39.19$38.97
Max Pain$32.01$30.00$36.25$35.75$32.50
ATM IV23.1%18.1%32.8%18.3%32.8%
Expected Move5.9%5.2%7.5%5.3%5.8%
HV 20d20.0%18.4%21.5%18.4%19.8%
HV 60d23.2%21.7%24.0%23.8%21.9%
IV Rank29.7%9.5%69.5%10.0%69.5%
IV Percentile50.9%14.7%90.9%17.9%90.9%
Term Structure2.0%-1.0%9.3%0.1%-0.6%
VWIV21.0%18.2%26.5%19.5%20.1%
Skew 25d3.2%2.1%4.1%2.1%4.1%
Skew 10d6.1%4.2%7.7%5.0%7.6%
Call IV 25d21.7%17.1%31.2%17.5%31.2%
Put IV 25d24.9%19.2%35.3%19.5%35.3%
Bid-Ask Spread %64.0752.2573.7061.7973.70
Gamma HHI0.070.050.120.070.06
Net GEX131.3M-84.1M268.6M227.0M93.9M
Net DEX-4.20B-5.75B-2.71B-5.75B-3.96B
Net VEX-13.0M-14.1M-12.1M-12.1M-13.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.370.582.170.581.24
Total Volume980,725.455591,9001,609,960730,7401,107,940
Total OI5,297,356.3644,610,0005,886,6204,794,3805,231,720

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-12-01$39.19$35.7518.3%5.3%18.4%10.0%19.5%2.1%0.1%227.0M-5.75B-12.1M0.5861.79N/AN/A461,720269,0202,308,7602,485,620
2015-12-02$38.95$36.2518.6%5.5%18.6%11.1%19.6%2.5%0.4%208.9M-5.24B-12.3M1.0957.93N/AN/A561,660614,7202,576,3202,638,760
2015-12-03$38.51$30.0020.4%6.0%19.1%18.9%21.7%2.8%0.6%137.6M-4.41B-13.2M1.9552.25N/AN/A530,3001,031,6802,644,7002,723,920
2015-12-04$38.94$30.2518.1%5.4%19.3%9.5%18.8%2.1%0.5%268.6M-5.15B-12.3M2.1758.25N/AN/A508,4001,101,5602,704,8002,878,860
2015-12-07$38.65$30.7518.9%5.6%19.5%12.7%20.3%2.5%0.5%142.2M-4.64B-13.0M1.2856.02N/AN/A259,480332,4202,344,2002,687,460
2015-12-08$38.78$31.2519.6%5.8%19.2%15.4%20.7%3.5%0.3%174.2M-4.73B-12.9M1.8258.95N/AN/A318,720580,7802,631,6202,870,860
2015-12-09$38.02$31.2521.5%6.4%20.6%23.2%22.5%3.1%0.6%71.8M-3.54B-13.7M1.2962.39N/AN/A509,220658,7002,685,6202,956,700
2015-12-10$37.95$31.2521.6%6.3%20.6%23.7%22.6%3.0%0.4%44.9M-3.48B-13.4M1.7160.91N/AN/A315,660538,6202,758,8402,998,740
2015-12-11$37.48$31.2525.8%7.5%20.9%40.7%26.5%4.1%0.5%-84.1M-2.71B-14.1M1.4557.55N/AN/A486,640708,0002,787,8003,045,920
2015-12-14$38.14$31.5024.6%7.1%20.4%35.7%25.2%3.4%1.7%74.3M-3.79B-13.7M1.2858.38N/AN/A370,080472,8202,648,2202,901,260
2015-12-15$38.03$31.5023.4%6.7%20.0%30.8%23.6%3.3%1.9%84.2M-3.81B-13.6M1.3860.28N/AN/A337,780467,3602,754,1402,945,800
2015-12-16$38.84$31.5020.6%5.9%21.2%19.6%20.8%3.1%1.0%194.1M-5.05B-12.9M1.0470.50N/AN/A463,220481,6602,792,0402,971,760
2015-12-17$38.59$31.5021.2%6.0%20.5%21.8%21.0%2.8%1.7%182.6M-4.71B-12.7M1.4371.25N/AN/A335,580479,5202,828,1403,000,740
2015-12-18$37.93$31.5022.6%6.4%21.5%27.6%22.4%3.5%1.1%31.6M-3.51B-12.8M1.2868.49N/AN/A552,920708,4202,863,8203,022,800
2015-12-21$38.02$32.0023.0%6.2%19.8%29.5%21.5%4.1%8.5%67.7M-3.00B-13.5M1.2760.76N/AN/A357,120451,7802,304,0202,305,980
2015-12-22$38.29$32.0022.0%5.6%20.0%25.2%19.8%3.7%7.8%131.8M-3.52B-12.7M1.4566.01N/AN/A296,980431,5802,385,5402,368,040
2015-12-23$38.40$32.2521.4%5.3%19.8%22.7%18.8%3.9%8.6%152.7M-3.54B-13.1M1.3769.29N/AN/A358,160489,1402,429,1802,402,480
2015-12-24$38.29$32.5022.8%5.2%19.8%28.3%18.2%2.5%9.3%86.4M-3.49B-12.5M1.9069.83N/AN/A215,680409,4802,498,5002,473,040
2015-12-28$39.09$32.5028.5%5.4%21.2%52.0%19.2%3.9%0.3%151.8M-4.23B-12.5M1.1070.63N/AN/A471,540519,4602,342,9002,349,800
2015-12-29$39.72$32.5029.9%5.4%21.3%57.5%19.1%3.6%-0.3%238.8M-5.23B-12.4M0.8271.49N/AN/A629,820517,5002,467,0602,436,960
2015-12-30$39.50$32.5032.4%5.6%19.3%67.7%19.7%3.9%-1.0%208.5M-4.95B-12.4M1.1572.99N/AN/A401,560461,5602,569,8402,518,560
2015-12-31$38.97$32.5032.8%5.8%19.8%69.5%20.1%4.1%-0.6%93.9M-3.96B-13.2M1.2473.70N/AN/A494,880613,0602,660,0802,571,640