GOOGL Options History — July 2016

In July 2016, GOOGL traded between $35.20 and $39.74. ATM implied volatility averaged 25.1%, placing in the 36.9% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 5.5% (HV 20d: 19.6%). Max pain ranged from $35.25 to $36.75. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.57.

Notable Days

2016-07-29: Highest Volume — 2,346,700 contracts
2016-07-29: Largest IV drop — 43.2% change
2016-07-07: Highest IV Rank — 49.0%
2016-07-28: Largest Expected Move — 8.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$37.06	$35.20	$39.74	$35.58	$39.74
Max Pain	$35.79	$35.25	$36.75	$35.75	$36.75
ATM IV	25.1%	14.7%	28.2%	27.4%	14.7%
Expected Move	6.9%	4.2%	8.4%	4.2%	4.2%
HV 20d	19.6%	13.9%	22.0%	21.1%	17.9%
HV 60d	19.9%	17.4%	22.0%	21.1%	18.9%
IV Rank	36.9%	0.0%	49.0%	46.0%	0.0%
IV Percentile	51.3%	0.0%	61.9%	59.9%	0.0%
Term Structure	-1.6%	-2.0%	0.1%	-1.4%	0.1%
VWIV	24.3%	14.9%	29.4%	15.5%	14.9%
Skew 25d	3.7%	1.6%	5.3%	4.2%	1.6%
Skew 10d	7.0%	2.9%	9.5%	7.5%	2.9%
Call IV 25d	23.5%	14.2%	26.5%	26.5%	14.2%
Put IV 25d	27.1%	15.9%	30.7%	30.7%	15.9%
Bid-Ask Spread %	39.82	32.98	66.18	66.18	47.04
Gamma HHI	0.09	0.03	0.35	0.15	0.09
Net GEX	157.5M	6.8M	339.2M	187.2M	234.4M
Net DEX	-1.40B	-3.74B	129.0M	-600.3M	-3.74B
Net VEX	-16.8M	-17.2M	-16.0M	-17.1M	-16.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.57	0.43	0.83	0.46	0.68
Total Volume	706,862	384,780	2,346,700	742,360	2,346,700
Total OI	3,772,486	3,293,480	4,290,100	3,976,280	4,290,100

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
2016-07-01	$35.58	$35.75	27.4%	4.2%	21.1%	46.0%	15.5%	4.2%	-1.4%	187.2M	-600.3M	-17.1M	0.46	66.18	N/A	N/A	510,120	232,240	2,163,140	1,813,140
2016-07-05	$35.20	$35.50	27.8%	7.3%	21.2%	47.4%	25.3%	3.7%	-1.4%	6.8M	129.0M	-16.6M	0.73	34.79	N/A	N/A	221,960	162,820	1,994,620	1,689,760
2016-07-06	$35.49	$35.50	28.0%	7.4%	21.5%	48.2%	25.3%	4.0%	-1.5%	50.4M	-164.3M	-16.8M	0.55	37.91	N/A	N/A	315,940	173,040	2,047,000	1,708,660
2016-07-07	$35.33	$35.50	28.2%	7.4%	20.4%	49.0%	26.0%	4.0%	-1.6%	36.7M	-8.1M	-16.7M	0.57	36.84	N/A	N/A	260,000	148,880	2,113,520	1,746,280
2016-07-08	$35.89	$35.25	26.5%	6.9%	21.5%	42.1%	24.0%	4.2%	-1.6%	188.6M	-765.9M	-16.6M	0.45	35.75	N/A	N/A	471,780	212,680	2,160,280	1,765,040
2016-07-11	$36.42	$35.50	25.9%	6.9%	21.7%	39.7%	23.3%	3.7%	-1.6%	136.3M	-1.10B	-16.7M	0.43	37.27	N/A	N/A	432,400	185,280	2,070,900	1,689,040
2016-07-12	$36.66	$35.50	25.3%	6.7%	21.8%	37.1%	23.5%	3.4%	-1.9%	185.4M	-1.38B	-16.6M	0.56	41.56	N/A	N/A	431,140	239,440	2,124,880	1,724,920
2016-07-13	$36.51	$35.50	25.3%	6.8%	21.8%	37.3%	23.0%	3.6%	-1.6%	139.0M	-1.12B	-16.9M	0.76	41.41	N/A	N/A	285,100	217,280	2,194,980	1,790,360
2016-07-14	$36.78	$35.50	25.2%	6.8%	22.0%	36.9%	24.0%	5.3%	-1.7%	228.1M	-1.48B	-16.9M	0.57	42.96	N/A	N/A	338,640	192,000	2,250,020	1,846,680
2016-07-15	$36.76	$35.50	24.6%	6.7%	21.6%	34.2%	23.7%	4.1%	-1.7%	339.2M	-1.46B	-16.6M	0.59	43.78	N/A	N/A	450,980	264,400	2,294,380	1,878,360
2016-07-18	$37.69	$35.50	24.7%	6.9%	20.3%	34.9%	24.9%	3.8%	-1.7%	142.9M	-1.81B	-16.9M	0.52	32.98	N/A	N/A	493,600	258,720	1,786,260	1,507,220
2016-07-19	$37.60	$35.75	25.6%	7.2%	20.4%	38.4%	26.3%	3.6%	-2.0%	159.2M	-1.74B	-17.2M	0.58	33.32	N/A	N/A	339,300	196,960	1,920,160	1,588,120
2016-07-20	$37.90	$36.00	24.6%	7.0%	20.5%	34.3%	25.5%	4.4%	-1.8%	206.7M	-2.09B	-17.0M	0.49	33.22	N/A	N/A	423,240	206,680	1,957,600	1,626,680
2016-07-21	$37.68	$36.00	24.5%	7.1%	20.7%	34.0%	25.0%	3.9%	-1.8%	196.8M	-1.78B	-16.9M	0.64	35.03	N/A	N/A	297,040	189,780	2,008,020	1,673,060
2016-07-22	$37.93	$36.00	24.5%	7.2%	20.7%	33.9%	24.8%	4.0%	-1.8%	288.3M	-2.14B	-16.9M	0.52	37.17	N/A	N/A	400,340	208,560	2,047,920	1,724,880
2016-07-25	$37.83	$36.00	24.4%	7.4%	15.5%	33.7%	26.7%	3.7%	-1.7%	92.6M	-1.48B	-16.6M	0.83	38.44	N/A	N/A	232,620	193,640	1,763,120	1,559,880
2016-07-26	$37.84	$36.25	24.8%	7.7%	14.2%	35.1%	27.8%	3.1%	-1.4%	95.1M	-1.48B	-16.9M	0.49	37.67	N/A	N/A	300,780	146,460	1,860,120	1,639,380
2016-07-27	$38.07	$36.25	24.8%	7.8%	13.9%	35.3%	27.5%	2.7%	-1.8%	111.1M	-1.75B	-17.1M	0.48	42.92	N/A	N/A	360,440	174,700	1,984,780	1,670,240
2016-07-28	$38.29	$36.25	25.9%	8.4%	13.9%	40.0%	29.4%	2.2%	-1.9%	124.5M	-1.99B	-17.1M	0.60	40.12	N/A	N/A	1,014,280	607,280	2,053,760	1,722,460
2016-07-29	$39.74	$36.75	14.7%	4.2%	17.9%	0.0%	14.9%	1.6%	0.1%	234.4M	-3.74B	-16.0M	0.68	47.04	N/A	N/A	1,400,000	946,700	2,341,960	1,948,140