GOOGL Options History — March 2017

In March 2017, GOOGL traded between $41.80 and $43.60. ATM implied volatility averaged 14.7%, placing in the 16.1% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 4.9% (HV 20d: 9.8%). Max pain ranged from $41.00 to $42.25. Net GEX was positive for 20 of 23 trading days. Term structure was in contango for 18 of 23 days. Put/call ratio averaged 0.93.

Notable Days

2017-03-23: Highest Volume — 1,025,300 contracts
2017-03-21: Largest IV spike — 33.6% change
2017-03-29: Highest IV Rank — 53.0%
2017-03-08: Largest Expected Move — 4.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$42.70	$41.80	$43.60	$42.85	$42.45
Max Pain	$41.88	$41.00	$42.25	$41.00	$42.25
ATM IV	14.7%	10.7%	21.3%	13.0%	20.4%
Expected Move	3.9%	3.1%	4.5%	3.6%	3.3%
HV 20d	9.8%	8.0%	12.9%	8.0%	11.6%
HV 60d	12.6%	11.7%	13.9%	13.7%	12.4%
IV Rank	16.1%	0.0%	53.0%	3.0%	48.5%
IV Percentile	18.3%	0.0%	65.1%	0.8%	59.5%
Term Structure	1.8%	-0.9%	6.9%	0.3%	-0.7%
VWIV	14.2%	11.2%	16.8%	13.2%	11.5%
Skew 25d	2.0%	0.9%	3.3%	1.6%	1.7%
Skew 10d	3.9%	2.5%	5.8%	3.2%	3.5%
Call IV 25d	13.9%	10.0%	20.7%	12.6%	20.1%
Put IV 25d	15.9%	12.1%	23.7%	14.1%	21.8%
Bid-Ask Spread %	50.38	30.50	77.56	73.24	53.10
Gamma HHI	0.07	0.03	0.28	0.08	0.03
Net GEX	188.3M	-60.2M	497.9M	383.4M	35.9M
Net DEX	-1.87B	-3.57B	100.8M	-2.88B	-1.11B
Net VEX	-20.7M	-21.6M	-19.8M	-20.0M	-21.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.93	0.57	1.27	0.57	0.95
Total Volume	668,349.565	452,740	1,025,300	748,260	618,660
Total OI	3,852,586.957	3,138,580	4,258,540	3,773,500	4,078,100

Daily Data (23 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
2017-03-01	$42.85	$41.00	13.0%	3.6%	8.0%	3.0%	13.2%	1.6%	0.3%	383.4M	-2.88B	-20.0M	0.57	73.24	N/A	N/A	476,300	271,960	1,954,300	1,819,200
2017-03-02	$42.45	$41.00	13.1%	3.6%	8.7%	3.6%	12.9%	1.5%	0.5%	324.5M	-2.05B	-20.3M	0.88	74.47	N/A	N/A	313,580	277,280	2,001,620	1,875,060
2017-03-03	$42.38	$41.13	12.6%	3.4%	8.8%	0.9%	12.2%	1.5%	0.4%	162.6M	-1.80B	-20.3M	0.89	77.56	N/A	N/A	329,400	292,260	2,021,540	1,931,060
2017-03-06	$42.41	$41.75	12.9%	4.3%	8.8%	2.4%	15.3%	1.8%	0.3%	188.7M	-1.83B	-20.3M	1.01	35.12	N/A	N/A	225,460	227,280	1,863,160	1,794,580
2017-03-07	$42.48	$42.00	12.7%	4.4%	8.7%	1.5%	15.9%	1.8%	0.3%	221.9M	-1.96B	-20.3M	1.07	30.50	N/A	N/A	293,640	314,780	1,906,840	1,849,980
2017-03-08	$42.66	$42.00	13.1%	4.5%	8.1%	3.6%	16.8%	2.3%	0.2%	227.8M	-2.19B	-20.6M	0.89	33.65	N/A	N/A	340,320	301,320	1,952,760	1,961,020
2017-03-09	$42.90	$41.75	12.7%	4.5%	8.3%	1.3%	15.7%	2.5%	0.3%	353.6M	-2.68B	-20.5M	0.83	39.29	N/A	N/A	420,060	349,540	2,031,080	2,034,140
2017-03-10	$43.06	$41.75	12.0%	4.3%	8.2%	0.0%	15.3%	1.9%	0.6%	497.9M	-3.10B	-20.6M	0.72	46.86	N/A	N/A	577,480	415,560	2,143,700	2,114,840
2017-03-13	$43.28	$41.75	13.1%	4.3%	8.2%	5.8%	15.2%	2.1%	1.7%	276.3M	-2.94B	-20.3M	0.89	39.48	N/A	N/A	261,160	231,800	1,965,120	1,952,500
2017-03-14	$43.33	$42.00	12.3%	4.2%	8.1%	1.5%	15.8%	2.4%	2.6%	289.7M	-3.03B	-20.3M	0.89	43.43	N/A	N/A	276,600	245,440	1,994,380	1,988,020
2017-03-15	$43.44	$42.00	12.3%	4.2%	8.1%	1.6%	15.5%	1.4%	3.0%	324.5M	-3.22B	-20.3M	1.16	50.70	N/A	N/A	260,380	303,300	2,031,740	2,020,640
2017-03-16	$43.54	$42.00	12.4%	4.1%	8.0%	2.4%	15.4%	0.9%	2.7%	230.1M	-3.36B	-19.9M	1.15	51.57	N/A	N/A	298,380	343,960	2,040,800	2,137,280
2017-03-17	$43.60	$42.00	11.2%	3.3%	8.0%	0.0%	11.8%	1.7%	0.3%	457.8M	-3.57B	-20.0M	0.79	53.28	N/A	N/A	370,340	293,040	2,092,020	2,149,160
2017-03-20	$43.40	$42.00	10.7%	3.1%	8.3%	0.0%	11.2%	2.1%	6.7%	166.6M	-2.02B	-19.8M	0.97	48.73	N/A	N/A	289,660	280,600	1,548,900	1,589,680
2017-03-21	$42.42	$42.25	14.2%	4.1%	11.8%	17.8%	14.5%	2.0%	4.9%	14.6M	-762.9M	-20.8M	0.95	51.41	N/A	N/A	507,760	479,940	1,619,740	1,678,560
2017-03-22	$42.51	$42.25	13.9%	4.0%	11.8%	16.1%	14.3%	1.8%	6.1%	23.6M	-830.2M	-21.5M	0.84	51.77	N/A	N/A	275,120	229,980	1,758,840	1,850,660
2017-03-23	$41.92	$42.25	15.9%	4.2%	12.8%	26.2%	15.0%	2.4%	6.4%	-60.2M	69.3M	-21.1M	1.04	42.59	N/A	N/A	501,680	523,620	1,786,360	1,877,800
2017-03-24	$41.80	$42.00	16.9%	4.1%	12.8%	31.1%	14.7%	2.2%	6.9%	-52.2M	100.8M	-21.6M	1.27	56.06	N/A	N/A	440,480	560,680	1,901,480	2,014,780
2017-03-27	$42.01	$42.00	20.3%	4.1%	12.9%	48.1%	14.4%	3.1%	-0.5%	-29.7M	-409.6M	-21.4M	0.98	46.33	N/A	N/A	309,580	302,780	1,729,160	1,916,440
2017-03-28	$42.09	$42.00	20.9%	3.8%	12.7%	50.8%	13.5%	2.0%	-0.9%	20.2M	-654.9M	-21.6M	0.89	52.35	N/A	N/A	301,260	266,940	1,808,320	1,994,540
2017-03-29	$42.55	$42.00	21.3%	3.6%	12.1%	53.0%	13.2%	3.3%	-0.7%	155.3M	-1.46B	-21.6M	0.73	53.46	N/A	N/A	368,220	270,320	1,848,240	2,023,980
2017-03-30	$42.48	$42.00	21.1%	3.4%	11.6%	52.0%	12.3%	1.7%	-0.7%	117.2M	-1.27B	-21.5M	1.10	53.91	N/A	N/A	253,860	280,280	1,879,780	2,077,600
2017-03-31	$42.45	$42.25	20.4%	3.3%	11.6%	48.5%	11.5%	1.7%	-0.7%	35.9M	-1.11B	-21.2M	0.95	53.10	N/A	N/A	317,020	301,640	1,912,780	2,165,320