GOOGL Options History — November 2016

In November 2016, GOOGL traded between $37.64 and $40.72. ATM implied volatility averaged 19.6%, placing in the 25.4% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded below realized volatility by 2.6% (HV 20d: 22.2%). Max pain ranged from $39.00 to $40.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.83.

Notable Days

2016-11-10: Highest Volume — 1,149,080 contracts
2016-11-14: Largest IV spike — 17.3% change
2016-11-14: Highest IV Rank — 42.0%
2016-11-14: Largest Expected Move — 7.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$39.23	$37.64	$40.72	$40.26	$38.86
Max Pain	$39.31	$39.00	$40.00	$40.00	$39.00
ATM IV	19.6%	17.2%	24.3%	19.4%	18.7%
Expected Move	5.7%	5.0%	7.0%	6.2%	5.6%
HV 20d	22.2%	14.7%	25.9%	14.7%	25.9%
HV 60d	16.9%	12.8%	19.0%	12.8%	19.0%
IV Rank	25.4%	17.0%	42.0%	24.7%	22.3%
IV Percentile	33.8%	18.3%	55.2%	34.5%	29.4%
Term Structure	-0.0%	-0.4%	0.7%	-0.2%	0.1%
VWIV	20.1%	17.8%	24.8%	20.7%	19.9%
Skew 25d	3.0%	2.4%	4.2%	4.0%	2.9%
Skew 10d	5.8%	4.2%	8.9%	6.9%	4.9%
Call IV 25d	18.2%	15.3%	23.1%	17.4%	17.7%
Put IV 25d	21.2%	18.5%	26.3%	21.4%	20.6%
Bid-Ask Spread %	54.98	45.64	65.59	65.59	65.01
Gamma HHI	0.05	0.03	0.13	0.04	0.03
Net GEX	23.4M	-152.8M	199.4M	79.0M	2.5M
Net DEX	-602.5M	-2.16B	1.12B	-1.16B	-430.2M
Net VEX	-17.3M	-18.2M	-16.5M	-17.0M	-17.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.83	0.62	1.21	0.62	0.68
Total Volume	712,757.143	408,460	1,149,080	866,360	756,860
Total OI	4,637,488.571	4,199,760	5,355,520	4,214,100	4,590,320

Daily Data (21 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
2016-11-01	$40.26	$40.00	19.4%	6.2%	14.7%	24.7%	20.7%	4.0%	-0.2%	79.0M	-1.16B	-17.0M	0.62	65.59	N/A	N/A	533,900	332,460	2,292,380	1,921,720
2016-11-02	$39.48	$40.00	20.7%	6.7%	16.2%	29.1%	22.9%	3.2%	-0.2%	-16.7M	-245.1M	-17.2M	0.78	62.14	N/A	N/A	444,240	348,500	2,431,940	2,032,960
2016-11-03	$39.04	$39.75	21.2%	6.0%	16.5%	31.0%	20.7%	3.8%	-0.4%	-92.5M	321.5M	-17.0M	0.92	50.55	N/A	N/A	400,520	370,240	2,534,520	2,129,020
2016-11-04	$39.04	$39.50	21.7%	6.1%	16.5%	32.7%	20.5%	3.8%	-0.3%	-143.5M	271.8M	-17.2M	1.21	46.01	N/A	N/A	345,420	417,240	2,606,740	2,199,760
2016-11-07	$40.06	$39.50	19.1%	5.4%	17.8%	23.5%	18.8%	3.6%	-0.0%	96.1M	-1.25B	-17.1M	0.75	50.12	N/A	N/A	286,980	215,940	2,345,140	2,033,280
2016-11-08	$40.72	$39.50	17.4%	5.2%	18.6%	17.7%	18.3%	4.2%	0.7%	199.4M	-2.16B	-17.4M	0.77	56.53	N/A	N/A	269,920	207,480	2,418,820	2,068,060
2016-11-09	$40.18	$39.75	18.1%	5.2%	19.2%	20.0%	18.6%	2.4%	-0.0%	129.7M	-1.46B	-17.0M	0.92	50.35	N/A	N/A	324,020	298,240	2,458,040	2,109,000
2016-11-10	$38.87	$39.50	20.8%	6.0%	22.2%	29.8%	21.3%	2.5%	0.2%	-67.0M	218.7M	-16.5M	0.74	49.12	N/A	N/A	659,980	489,100	2,523,140	2,167,680
2016-11-11	$38.48	$39.50	20.7%	6.0%	22.3%	29.3%	21.2%	2.4%	0.1%	-152.8M	758.4M	-16.6M	0.79	48.94	N/A	N/A	515,300	404,700	2,647,980	2,291,960
2016-11-14	$37.64	$39.50	24.3%	7.0%	23.3%	42.0%	24.8%	3.3%	-0.3%	-89.3M	1.12B	-16.5M	0.70	45.64	N/A	N/A	554,100	389,500	2,457,860	2,176,700
2016-11-15	$38.86	$39.00	21.7%	6.2%	25.3%	32.8%	22.1%	3.2%	-0.2%	49.8M	-522.5M	-17.6M	0.74	49.49	N/A	N/A	520,900	384,400	2,663,200	2,244,980
2016-11-16	$38.98	$39.00	21.4%	6.1%	25.2%	31.7%	21.4%	3.4%	-0.1%	51.9M	-611.6M	-17.7M	0.82	47.13	N/A	N/A	395,960	325,040	2,727,520	2,352,280
2016-11-17	$39.29	$39.00	20.4%	5.9%	25.4%	28.3%	20.3%	2.8%	-0.0%	82.4M	-1.13B	-18.2M	0.85	52.32	N/A	N/A	364,360	310,440	2,813,380	2,422,540
2016-11-18	$38.85	$39.00	19.5%	5.6%	25.6%	24.9%	19.9%	2.9%	-0.1%	-50.1M	-257.3M	-17.7M	0.81	56.12	N/A	N/A	505,420	408,100	2,865,380	2,490,140
2016-11-21	$39.27	$39.00	17.2%	5.0%	25.3%	17.0%	17.8%	2.5%	0.0%	80.0M	-1.09B	-17.1M	0.78	54.13	N/A	N/A	256,740	199,160	2,177,660	2,022,100
2016-11-22	$39.26	$39.00	17.5%	5.0%	25.2%	17.9%	18.4%	2.5%	0.1%	89.9M	-1.12B	-17.6M	0.86	57.98	N/A	N/A	292,980	251,660	2,251,700	2,090,700
2016-11-23	$38.86	$39.00	18.1%	5.2%	25.3%	19.9%	18.3%	2.6%	0.0%	9.9M	-529.2M	-17.5M	0.91	59.42	N/A	N/A	266,340	241,540	2,319,420	2,150,400
2016-11-25	$39.01	$39.00	18.2%	5.2%	25.4%	20.3%	19.1%	2.5%	-0.1%	53.6M	-769.2M	-17.5M	1.06	61.84	N/A	N/A	197,900	210,560	2,372,600	2,220,420
2016-11-28	$39.45	$39.00	17.7%	5.2%	25.8%	18.6%	18.2%	2.5%	0.1%	83.9M	-1.29B	-17.5M	0.80	60.90	N/A	N/A	403,080	321,760	2,178,140	2,106,260
2016-11-29	$39.46	$39.00	17.8%	5.3%	25.5%	19.2%	19.4%	2.4%	0.2%	94.7M	-1.33B	-17.6M	0.95	65.16	N/A	N/A	280,840	266,080	2,295,160	2,186,260
2016-11-30	$38.86	$39.00	18.7%	5.6%	25.9%	22.3%	19.9%	2.9%	0.1%	2.5M	-430.2M	-17.5M	0.68	65.01	N/A	N/A	451,420	305,440	2,350,540	2,239,780