GOOGL Options History — December 2017

In December 2017, GOOGL traded between $50.63 and $54.27. ATM implied volatility averaged 16.1%, placing in the 29.7% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 0.3% (HV 20d: 15.8%). Max pain ranged from $46.00 to $51.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 1.00.

Notable Days

2017-12-15: Highest Volume — 1,026,320 contracts
2017-12-04: Largest IV spike — 18.5% change
2017-12-04: Highest IV Rank — 59.1%
2017-12-04: Largest Expected Move — 5.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$52.70	$50.63	$54.27	$51.26	$52.72
Max Pain	$47.98	$46.00	$51.00	$51.00	$49.00
ATM IV	16.1%	13.7%	21.4%	18.1%	17.3%
Expected Move	4.6%	3.8%	5.8%	5.4%	4.1%
HV 20d	15.8%	12.3%	17.1%	15.9%	12.3%
HV 60d	16.5%	15.9%	16.9%	16.5%	15.9%
IV Rank	29.7%	16.5%	59.1%	40.7%	36.6%
IV Percentile	36.3%	11.9%	75.0%	58.3%	53.2%
Term Structure	1.9%	-0.2%	8.4%	0.5%	7.0%
VWIV	16.5%	13.9%	20.6%	19.0%	14.7%
Skew 25d	1.5%	1.0%	2.2%	1.5%	1.2%
Skew 10d	2.2%	-0.4%	3.9%	2.8%	-0.4%
Call IV 25d	15.4%	13.0%	21.0%	17.6%	14.7%
Put IV 25d	16.9%	14.0%	22.3%	19.0%	15.9%
Bid-Ask Spread %	48.14	40.60	58.78	51.58	58.78
Gamma HHI	0.09	0.04	0.32	0.06	0.06
Net GEX	270.5M	26.1M	668.2M	26.1M	37.5M
Net DEX	-4.93B	-7.72B	-1.74B	-1.74B	-4.08B
Net VEX	-22.7M	-24.7M	-21.1M	-24.2M	-21.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.00	0.67	1.21	1.14	1.17
Total Volume	659,047	454,620	1,026,320	1,019,480	648,560
Total OI	5,045,330	4,438,940	5,556,540	5,464,140	4,801,180

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
2017-12-01	$51.26	$51.00	18.1%	5.4%	15.9%	40.7%	19.0%	1.5%	0.5%	26.1M	-1.74B	-24.2M	1.14	51.58	N/A	N/A	476,400	543,080	2,671,320	2,792,820
2017-12-04	$50.63	$46.00	21.4%	5.8%	16.2%	59.1%	20.6%	1.3%	-0.2%	47.7M	-2.20B	-24.3M	0.98	45.71	N/A	N/A	366,500	358,140	2,433,320	2,549,780
2017-12-05	$51.03	$47.00	20.0%	5.6%	16.5%	51.0%	19.8%	1.7%	0.2%	85.5M	-2.91B	-24.5M	0.90	40.60	N/A	N/A	356,960	321,960	2,548,460	2,635,720
2017-12-06	$51.62	$47.00	17.7%	5.2%	16.6%	38.7%	19.1%	1.6%	0.1%	195.6M	-3.99B	-24.7M	1.08	41.32	N/A	N/A	293,640	315,780	2,621,300	2,668,260
2017-12-07	$52.27	$47.00	17.1%	5.2%	17.1%	35.5%	19.0%	1.8%	0.6%	333.0M	-5.21B	-24.7M	0.90	41.86	N/A	N/A	349,300	314,980	2,666,380	2,742,840
2017-12-08	$52.50	$47.00	16.3%	5.0%	16.8%	30.9%	17.6%	2.0%	0.5%	668.2M	-5.75B	-23.7M	0.91	43.24	N/A	N/A	398,520	363,560	2,717,260	2,791,720
2017-12-11	$52.59	$47.00	15.6%	4.8%	16.8%	26.9%	17.7%	2.0%	0.9%	367.7M	-5.52B	-23.3M	1.20	41.47	N/A	N/A	209,840	252,760	2,565,240	2,645,280
2017-12-12	$52.42	$47.00	16.9%	5.0%	16.8%	34.0%	17.6%	2.1%	0.5%	347.4M	-5.22B	-23.4M	0.85	42.85	N/A	N/A	345,820	294,100	2,582,480	2,681,900
2017-12-13	$52.54	$47.25	15.6%	4.7%	16.8%	27.3%	16.6%	1.8%	0.4%	383.3M	-5.53B	-22.4M	1.04	48.04	N/A	N/A	259,020	268,500	2,643,340	2,739,400
2017-12-14	$52.94	$47.75	15.6%	4.6%	16.7%	27.3%	16.4%	2.2%	0.7%	469.1M	-6.29B	-22.6M	0.82	49.04	N/A	N/A	455,900	373,320	2,667,840	2,791,980
2017-12-15	$53.56	$48.00	14.5%	4.3%	16.5%	20.9%	15.1%	1.6%	0.6%	510.5M	-7.72B	-21.4M	0.67	51.17	N/A	N/A	614,600	411,720	2,702,880	2,853,660
2017-12-18	$54.27	$48.00	14.3%	4.1%	16.0%	20.1%	15.2%	1.3%	0.1%	297.4M	-6.57B	-21.1M	0.90	48.18	N/A	N/A	391,320	350,240	2,200,140	2,238,800
2017-12-19	$53.99	$48.00	14.9%	4.3%	16.2%	23.0%	15.3%	1.4%	0.4%	328.6M	-6.19B	-21.7M	1.14	49.27	N/A	N/A	294,180	334,760	2,276,260	2,328,560
2017-12-20	$53.68	$48.00	14.8%	4.2%	15.8%	22.4%	14.9%	1.2%	0.4%	298.1M	-5.65B	-21.9M	0.87	47.21	N/A	N/A	324,180	282,920	2,314,680	2,408,240
2017-12-21	$53.53	$48.50	14.1%	4.0%	15.8%	18.7%	14.1%	1.0%	0.8%	333.1M	-5.44B	-21.8M	0.91	48.70	N/A	N/A	286,600	261,300	2,383,720	2,462,800
2017-12-22	$53.44	$49.00	13.7%	3.8%	15.8%	16.5%	14.2%	1.0%	1.1%	351.6M	-5.13B	-22.1M	1.07	55.05	N/A	N/A	258,960	276,020	2,403,480	2,496,700
2017-12-26	$53.24	$49.00	14.0%	3.9%	15.0%	18.2%	14.9%	1.4%	7.9%	185.5M	-4.80B	-21.7M	1.21	56.53	N/A	N/A	205,260	249,360	2,217,400	2,321,500
2017-12-27	$52.98	$49.00	13.8%	3.8%	14.7%	17.3%	14.3%	1.6%	8.2%	98.9M	-4.53B	-21.3M	1.04	48.87	N/A	N/A	250,940	261,460	2,244,680	2,383,280
2017-12-28	$52.76	$49.00	15.8%	3.9%	12.3%	28.4%	13.9%	1.0%	8.4%	44.4M	-4.12B	-21.6M	1.21	53.34	N/A	N/A	254,160	306,320	2,297,060	2,414,940
2017-12-29	$52.72	$49.00	17.3%	4.1%	12.3%	36.6%	14.7%	1.2%	7.0%	37.5M	-4.08B	-21.4M	1.17	58.78	N/A	N/A	298,420	350,140	2,333,780	2,467,400