GOOGL Options History — March 2016

In March 2016, GOOGL traded between $35.57 and $38.45. ATM implied volatility averaged 24.2%, placing in the 33.9% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 2.9% (HV 20d: 21.4%). Max pain ranged from $36.00 to $37.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.82.

Notable Days

  • 2016-03-18: Highest Volume — 1,026,500 contracts
  • 2016-03-07: Largest IV spike — 14.9% change
  • 2016-03-28: Highest IV Rank — 58.3%
  • 2016-03-07: Largest Expected Move — 7.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.33$35.57$38.45$37.03$38.15
Max Pain$36.44$36.00$37.50$36.00$37.50
ATM IV24.2%20.6%30.3%20.6%29.2%
Expected Move6.3%4.8%7.5%6.0%5.0%
HV 20d21.4%17.0%30.5%30.5%17.3%
HV 60d27.9%26.9%28.3%28.0%26.9%
IV Rank33.9%19.0%58.3%19.0%53.9%
IV Percentile51.7%31.3%75.4%31.3%71.8%
Term Structure1.6%-1.8%4.8%0.6%-1.8%
VWIV22.2%17.1%27.0%21.5%17.9%
Skew 25d3.8%2.8%5.0%4.0%4.2%
Skew 10d7.2%5.4%9.3%7.9%7.8%
Call IV 25d22.3%18.6%27.5%18.6%27.5%
Put IV 25d26.1%22.6%31.9%22.6%31.8%
Bid-Ask Spread %53.4244.2668.6258.0068.62
Gamma HHI0.110.030.820.060.06
Net GEX169.4M2.6M1.26B114.8M139.7M
Net DEX-1.48B-2.95B-194.6M-1.29B-1.54B
Net VEX-14.5M-15.0M-13.7M-14.4M-15.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.601.030.801.03
Total Volume707,201.818445,0401,026,500860,940607,240
Total OI3,728,712.7272,975,6404,296,9803,656,0403,632,580

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-03-01$37.03$36.0020.6%6.0%30.5%19.0%21.5%4.0%0.6%114.8M-1.29B-14.4M0.8058.00N/AN/A479,180381,7601,925,6201,730,420
2016-03-02$36.94$36.0020.6%6.1%29.5%19.2%21.5%3.9%0.4%109.6M-1.18B-14.5M0.8660.99N/AN/A343,320293,9801,971,3201,760,420
2016-03-03$36.55$36.0021.1%6.7%25.8%21.3%23.6%3.3%0.3%57.8M-888.7M-14.4M0.8144.36N/AN/A409,040329,9802,041,8801,802,520
2016-03-04$36.53$36.0021.1%6.7%23.4%21.3%23.7%3.5%-0.1%18.9M-693.9M-14.5M0.6047.62N/AN/A584,040348,9802,131,1801,845,960
2016-03-07$35.63$36.0024.3%7.5%20.7%33.9%27.0%3.9%2.2%2.6M-194.6M-14.1M0.7646.12N/AN/A424,700322,6601,917,9601,715,680
2016-03-08$35.57$36.0023.8%7.5%20.7%32.2%26.5%3.6%2.2%12.8M-342.4M-14.2M0.8645.85N/AN/A373,400322,1202,046,7201,812,800
2016-03-09$36.18$36.0023.4%7.3%21.5%30.5%25.2%3.8%1.9%76.5M-771.2M-14.7M0.7746.62N/AN/A359,800275,5002,106,0001,886,020
2016-03-10$36.60$36.0023.0%7.2%21.6%28.8%24.6%4.1%2.7%157.3M-1.08B-15.0M0.7347.98N/AN/A508,700369,1202,152,3201,937,720
2016-03-11$37.22$36.0021.7%6.7%22.3%23.5%23.8%4.0%2.8%272.7M-1.92B-14.8M0.6544.26N/AN/A583,960379,1402,178,5401,996,120
2016-03-14$37.60$36.0023.0%6.7%22.4%28.7%23.6%4.1%3.2%130.2M-2.07B-14.8M0.8448.69N/AN/A304,000256,4401,988,6801,809,180
2016-03-15$37.48$36.2522.8%6.6%22.1%28.0%24.2%3.5%4.1%139.5M-1.75B-14.8M0.9750.49N/AN/A309,420300,4202,182,7401,978,240
2016-03-16$37.83$36.2522.1%6.3%21.0%25.2%23.5%3.9%4.7%200.8M-2.70B-13.7M0.8255.88N/AN/A383,320315,8402,198,2402,018,600
2016-03-17$38.14$36.2521.9%6.0%19.2%24.5%22.1%3.1%4.2%252.7M-2.95B-14.2M0.9356.99N/AN/A389,820361,4602,229,4802,052,240
2016-03-18$37.75$36.5023.4%6.2%19.7%30.7%22.4%3.3%4.8%1.26B-2.37B-14.2M0.7558.21N/AN/A586,440440,0602,254,6002,042,380
2016-03-21$38.11$36.7524.4%5.9%19.8%34.7%20.9%3.9%1.7%100.2M-1.55B-14.2M0.9850.79N/AN/A244,380240,0801,541,8001,433,840
2016-03-22$37.98$36.8824.8%5.7%19.0%36.1%20.5%3.8%1.7%108.8M-1.52B-14.5M0.9950.28N/AN/A269,120266,4601,640,4201,512,480
2016-03-23$37.89$37.0026.5%6.0%19.0%42.9%21.0%2.8%1.7%81.7M-1.42B-14.8M0.8953.66N/AN/A304,860271,2601,702,7601,575,580
2016-03-24$37.69$37.0027.2%5.9%19.0%45.9%20.0%3.7%2.0%69.7M-1.20B-14.8M0.9251.97N/AN/A338,940310,4801,753,8601,632,520
2016-03-28$37.67$37.0030.3%5.6%19.0%58.3%19.3%4.5%-1.4%63.9M-1.14B-14.5M0.8559.86N/AN/A240,060204,9801,621,7001,526,660
2016-03-29$38.31$37.0029.8%5.3%19.4%56.3%18.1%5.0%-1.6%133.1M-1.74B-14.7M0.6061.00N/AN/A489,420292,3601,687,7601,574,420
2016-03-30$38.45$37.2528.5%4.8%17.0%51.0%17.1%3.5%-1.4%223.2M-2.16B-14.7M0.7466.94N/AN/A425,940316,2601,832,6601,649,060
2016-03-31$38.15$37.5029.2%5.0%17.3%53.9%17.9%4.2%-1.8%139.7M-1.54B-15.0M1.0368.62N/AN/A299,580307,6601,916,3001,716,280