GOOGL Options History — December 2016

In December 2016, GOOGL traded between $38.13 and $41.10. ATM implied volatility averaged 19.0%, placing in the 23.3% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded below realized volatility by 1.2% (HV 20d: 20.3%). Max pain ranged from $38.00 to $39.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.87.

Notable Days

2016-12-01: Highest Volume — 1,136,180 contracts
2016-12-27: Largest IV spike — 32.2% change
2016-12-30: Highest IV Rank — 57.4%
2016-12-01: Largest Expected Move — 6.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$40.02	$38.13	$41.10	$38.13	$39.66
Max Pain	$38.23	$38.00	$39.00	$39.00	$38.50
ATM IV	19.0%	15.3%	28.6%	19.9%	28.6%
Expected Move	4.9%	4.3%	6.2%	6.2%	5.1%
HV 20d	20.3%	15.3%	26.7%	25.9%	15.3%
HV 60d	19.6%	19.4%	19.9%	19.4%	19.5%
IV Rank	23.3%	10.2%	57.4%	26.4%	57.4%
IV Percentile	30.0%	11.9%	81.7%	35.7%	81.7%
Term Structure	1.9%	-1.5%	9.7%	-0.1%	-1.4%
VWIV	17.5%	15.2%	21.9%	21.9%	18.3%
Skew 25d	2.7%	1.9%	4.4%	2.6%	4.0%
Skew 10d	4.9%	3.0%	7.6%	4.0%	7.6%
Call IV 25d	17.8%	14.1%	27.1%	18.9%	27.1%
Put IV 25d	20.5%	16.5%	31.1%	21.5%	31.1%
Bid-Ask Spread %	58.64	53.24	62.67	62.67	59.44
Gamma HHI	0.06	0.03	0.13	0.03	0.05
Net GEX	131.5M	-93.7M	350.7M	-93.7M	-46.1M
Net DEX	-1.92B	-3.83B	586.3M	586.3M	-746.8M
Net VEX	-17.5M	-18.2M	-16.7M	-17.3M	-17.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.87	0.57	1.07	0.73	0.89
Total Volume	666,021.905	401,520	1,136,180	1,136,180	795,040
Total OI	4,708,176.19	4,070,860	5,388,760	4,767,580	4,436,960

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
2016-12-01	$38.13	$39.00	19.9%	6.2%	25.9%	26.4%	21.9%	2.6%	-0.1%	-93.7M	586.3M	-17.3M	0.73	62.67	N/A	N/A	657,540	478,640	2,454,240	2,313,340
2016-12-02	$38.21	$38.75	19.1%	5.9%	25.6%	23.5%	20.6%	2.6%	-0.0%	-62.7M	347.8M	-17.8M	0.77	61.59	N/A	N/A	455,860	351,860	2,630,220	2,407,840
2016-12-05	$38.99	$38.00	17.7%	5.2%	26.7%	18.5%	18.3%	2.4%	0.5%	32.0M	-908.3M	-17.5M	0.69	56.56	N/A	N/A	359,000	249,120	2,406,080	2,287,320
2016-12-06	$38.79	$38.00	17.9%	5.3%	25.0%	19.5%	18.7%	2.4%	0.4%	28.1M	-730.8M	-17.7M	0.86	53.24	N/A	N/A	306,440	263,780	2,519,660	2,345,620
2016-12-07	$39.53	$38.00	17.2%	5.1%	25.2%	17.0%	18.4%	2.0%	-0.3%	158.2M	-1.89B	-18.1M	1.06	54.77	N/A	N/A	371,100	392,720	2,562,660	2,411,300
2016-12-08	$39.73	$38.00	16.7%	5.0%	24.9%	15.2%	17.5%	2.0%	0.3%	205.4M	-2.23B	-18.1M	0.79	59.57	N/A	N/A	484,240	381,360	2,608,900	2,462,840
2016-12-09	$40.45	$38.00	15.8%	4.7%	22.5%	11.7%	16.9%	1.9%	0.8%	350.7M	-3.52B	-18.2M	0.67	58.38	N/A	N/A	667,760	446,040	2,669,560	2,521,820
2016-12-12	$40.31	$38.00	17.0%	4.9%	22.2%	16.1%	17.6%	2.3%	0.2%	220.1M	-2.74B	-17.9M	0.72	59.31	N/A	N/A	324,260	234,920	2,551,600	2,382,720
2016-12-13	$40.90	$38.00	17.2%	4.9%	20.6%	16.8%	17.5%	2.1%	-0.1%	293.9M	-3.66B	-18.0M	0.57	58.31	N/A	N/A	580,360	331,640	2,594,560	2,430,280
2016-12-14	$41.10	$38.00	17.6%	5.0%	17.8%	18.3%	18.3%	2.1%	-0.0%	286.6M	-3.83B	-18.1M	1.04	56.40	N/A	N/A	288,240	298,440	2,645,660	2,520,840
2016-12-15	$40.82	$38.00	16.3%	4.7%	18.1%	13.8%	16.8%	2.4%	0.1%	281.4M	-3.38B	-17.8M	0.97	58.34	N/A	N/A	380,580	369,160	2,678,800	2,570,080
2016-12-16	$40.47	$38.00	16.1%	4.6%	18.4%	13.0%	16.3%	2.2%	0.1%	215.9M	-2.52B	-17.6M	0.87	59.51	N/A	N/A	436,880	379,640	2,735,960	2,652,800
2016-12-19	$40.51	$38.00	15.7%	4.5%	17.7%	11.4%	16.2%	2.5%	7.4%	143.1M	-2.08B	-17.3M	1.01	56.25	N/A	N/A	242,100	243,520	2,098,260	1,972,600
2016-12-20	$40.71	$38.00	15.3%	4.4%	17.5%	10.2%	16.0%	2.5%	8.2%	171.9M	-2.32B	-17.4M	1.04	58.07	N/A	N/A	196,580	204,940	2,148,220	2,033,700
2016-12-21	$40.57	$38.25	15.5%	4.4%	17.6%	10.9%	16.1%	2.3%	8.7%	151.8M	-2.13B	-17.5M	0.91	58.63	N/A	N/A	273,560	248,560	2,202,980	2,078,460
2016-12-22	$40.41	$38.25	17.8%	4.5%	17.1%	18.9%	16.1%	2.6%	9.2%	103.1M	-1.86B	-17.6M	0.83	58.54	N/A	N/A	224,760	185,920	2,233,660	2,144,820
2016-12-23	$40.32	$38.50	18.8%	4.3%	17.2%	22.5%	15.2%	2.4%	9.7%	42.5M	-1.75B	-17.2M	1.07	60.62	N/A	N/A	211,620	227,340	2,246,760	2,169,620
2016-12-27	$40.54	$38.50	24.8%	4.4%	16.9%	44.0%	16.0%	3.8%	-1.1%	146.0M	-2.05B	-16.7M	0.96	62.27	N/A	N/A	215,600	206,200	2,120,500	2,015,280
2016-12-28	$40.17	$38.50	27.3%	4.8%	17.3%	52.5%	17.2%	4.4%	-1.4%	82.8M	-1.51B	-16.9M	0.93	59.15	N/A	N/A	237,520	222,040	2,185,700	2,066,360
2016-12-29	$40.16	$38.50	27.1%	4.8%	16.2%	51.8%	16.8%	4.3%	-1.5%	51.2M	-1.47B	-16.8M	0.87	59.84	N/A	N/A	300,060	261,520	2,216,540	2,136,580
2016-12-30	$39.66	$38.50	28.6%	5.1%	15.3%	57.4%	18.3%	4.0%	-1.4%	-46.1M	-746.8M	-17.0M	0.89	59.44	N/A	N/A	420,420	374,620	2,257,920	2,179,040