GOOGL Options History — September 2017

In September 2017, GOOGL traded between $46.52 and $48.66. ATM implied volatility averaged 17.7%, placing in the 38.7% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 3.9% (HV 20d: 13.8%). Max pain ranged from $46.50 to $47.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.81.

Notable Days

2017-09-29: Highest Volume — 1,016,060 contracts
2017-09-25: Largest IV spike — 27.1% change
2017-09-28: Highest IV Rank — 80.3%
2017-09-07: Largest Expected Move — 5.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$47.29	$46.52	$48.66	$47.61	$48.66
Max Pain	$46.98	$46.50	$47.00	$46.50	$47.00
ATM IV	17.7%	14.1%	25.3%	14.9%	24.4%
Expected Move	4.6%	3.8%	5.1%	3.8%	4.7%
HV 20d	13.8%	11.9%	15.2%	14.4%	14.4%
HV 60d	17.1%	15.9%	19.3%	19.3%	16.2%
IV Rank	38.7%	19.1%	80.3%	23.2%	75.5%
IV Percentile	43.5%	17.1%	84.1%	24.6%	81.3%
Term Structure	2.0%	-1.0%	8.0%	-0.4%	-0.6%
VWIV	16.6%	13.4%	18.0%	13.4%	17.0%
Skew 25d	1.8%	0.9%	3.1%	2.2%	1.7%
Skew 10d	4.0%	1.0%	6.5%	4.2%	4.8%
Call IV 25d	17.0%	13.7%	24.7%	13.8%	24.1%
Put IV 25d	18.8%	15.2%	26.9%	16.0%	25.8%
Bid-Ask Spread %	46.15	35.95	58.12	54.91	53.81
Gamma HHI	0.06	0.04	0.09	0.06	0.08
Net GEX	192.0M	-47.7M	436.2M	240.9M	436.2M
Net DEX	-2.67B	-4.93B	-1.15B	-3.76B	-4.93B
Net VEX	-26.8M	-28.1M	-26.2M	-28.1M	-26.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.81	0.56	1.08	0.78	0.69
Total Volume	727,043	491,220	1,016,060	660,340	1,016,060
Total OI	5,124,050	4,410,240	5,739,140	5,555,700	5,132,900

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
2017-09-01	$47.61	$46.50	14.9%	3.8%	14.4%	23.2%	13.4%	2.2%	-0.4%	240.9M	-3.76B	-28.1M	0.78	54.91	N/A	N/A	371,760	288,580	2,778,920	2,776,780
2017-09-05	$47.06	$47.00	16.9%	5.0%	15.0%	33.9%	18.0%	3.1%	-0.1%	106.2M	-2.29B	-28.1M	0.88	36.99	N/A	N/A	330,300	291,300	2,619,000	2,578,780
2017-09-06	$47.06	$47.00	16.7%	5.0%	15.0%	33.0%	18.0%	2.3%	-0.5%	120.3M	-2.39B	-27.3M	0.95	35.95	N/A	N/A	290,360	276,400	2,673,200	2,627,360
2017-09-07	$47.50	$47.00	15.9%	5.1%	15.2%	28.8%	17.8%	2.4%	0.3%	252.5M	-3.26B	-27.6M	0.75	40.64	N/A	N/A	382,660	287,700	2,713,560	2,679,640
2017-09-08	$47.05	$47.00	15.8%	4.9%	14.5%	28.0%	17.5%	3.0%	0.0%	78.0M	-2.25B	-27.4M	0.83	37.16	N/A	N/A	344,340	285,540	2,714,700	2,737,780
2017-09-11	$47.14	$47.00	14.9%	4.7%	14.4%	23.4%	16.9%	2.4%	1.4%	114.3M	-2.47B	-26.5M	0.90	38.67	N/A	N/A	302,400	271,100	2,598,580	2,633,120
2017-09-12	$47.33	$47.00	14.4%	4.7%	14.1%	20.6%	16.5%	2.0%	2.1%	185.4M	-2.84B	-26.2M	0.69	36.33	N/A	N/A	435,960	302,580	2,654,760	2,684,800
2017-09-13	$47.52	$47.00	14.1%	4.5%	14.2%	19.1%	16.1%	1.6%	1.6%	329.0M	-3.42B	-26.3M	0.78	42.58	N/A	N/A	410,040	320,060	2,728,140	2,727,220
2017-09-14	$47.02	$47.00	15.0%	4.8%	14.6%	23.9%	17.7%	1.5%	2.1%	123.5M	-2.34B	-26.7M	0.80	48.27	N/A	N/A	440,600	352,540	2,787,420	2,787,400
2017-09-15	$46.73	$47.00	15.5%	4.5%	13.7%	26.3%	16.1%	2.0%	0.5%	-47.7M	-1.75B	-26.7M	0.87	45.96	N/A	N/A	466,060	403,800	2,869,360	2,869,780
2017-09-18	$46.52	$47.00	16.2%	4.7%	13.8%	30.2%	17.1%	1.4%	6.7%	35.2M	-1.15B	-26.3M	1.08	46.29	N/A	N/A	423,320	456,200	2,170,220	2,240,020
2017-09-19	$46.83	$47.00	15.0%	4.4%	13.6%	24.0%	15.6%	1.2%	7.6%	141.8M	-1.71B	-26.6M	0.91	40.90	N/A	N/A	256,800	234,420	2,285,380	2,395,260
2017-09-20	$47.38	$47.00	15.3%	4.4%	12.0%	25.1%	15.5%	1.0%	7.0%	328.8M	-2.76B	-26.4M	0.56	48.20	N/A	N/A	640,360	358,360	2,312,380	2,427,560
2017-09-21	$47.38	$47.00	16.2%	4.3%	12.0%	30.4%	15.1%	0.9%	6.6%	411.0M	-2.83B	-26.5M	0.76	57.26	N/A	N/A	377,320	287,420	2,453,300	2,493,420
2017-09-22	$47.16	$47.00	17.6%	4.2%	11.9%	38.3%	15.1%	1.1%	8.0%	166.8M	-2.19B	-26.6M	0.95	58.12	N/A	N/A	351,260	334,160	2,514,120	2,532,920
2017-09-25	$46.69	$47.00	22.4%	4.7%	12.2%	64.5%	16.8%	1.7%	-0.5%	53.0M	-1.40B	-26.7M	0.98	50.45	N/A	N/A	301,580	295,600	2,278,660	2,351,700
2017-09-26	$46.89	$47.00	23.7%	4.6%	12.2%	71.4%	16.2%	1.8%	-1.0%	115.8M	-1.81B	-26.3M	0.62	55.15	N/A	N/A	460,100	283,180	2,342,760	2,412,560
2017-09-27	$48.07	$47.00	24.2%	5.0%	14.6%	74.1%	17.9%	0.9%	-0.7%	331.8M	-3.88B	-26.9M	0.74	53.63	N/A	N/A	502,240	370,740	2,442,700	2,472,880
2017-09-28	$48.16	$47.00	25.3%	4.8%	14.5%	80.3%	16.9%	2.2%	-0.9%	317.1M	-3.91B	-26.9M	0.72	41.81	N/A	N/A	429,920	307,740	2,464,700	2,517,260
2017-09-29	$48.66	$47.00	24.4%	4.7%	14.4%	75.5%	17.0%	1.7%	-0.6%	436.2M	-4.93B	-26.4M	0.69	53.81	N/A	N/A	602,040	414,020	2,547,260	2,585,640