GOOGL Options History — January 2021

In January 2021, GOOGL traded between $86.28 and $95.64. ATM implied volatility averaged 34.9%, placing in the 29.1% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded above realized volatility by 10.2% (HV 20d: 24.7%). Max pain ranged from $75.00 to $86.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.46.

Notable Days

2021-01-20: Highest Volume — 1,739,720 contracts
2021-01-27: Largest IV spike — 19.7% change
2021-01-27: Highest IV Rank — 42.7%
2021-01-27: Largest Expected Move — 13.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$90.11	$86.28	$95.64	$86.58	$91.70
Max Pain	$80.68	$75.00	$86.50	$75.00	$86.50
ATM IV	34.9%	32.8%	42.9%	34.2%	38.7%
Expected Move	10.0%	8.9%	13.2%	9.6%	11.8%
HV 20d	24.7%	17.5%	35.8%	17.5%	35.7%
HV 60d	27.2%	25.6%	28.8%	27.5%	27.8%
IV Rank	29.1%	25.4%	42.7%	27.9%	35.5%
IV Percentile	61.2%	52.8%	89.3%	58.7%	77.0%
Term Structure	-1.1%	-1.7%	-0.5%	-0.7%	-1.0%
VWIV	35.0%	31.4%	46.0%	33.8%	41.4%
Skew 25d	2.9%	0.8%	4.7%	4.2%	3.5%
Skew 10d	5.7%	1.0%	9.3%	9.3%	6.6%
Call IV 25d	34.1%	31.6%	42.1%	33.7%	37.8%
Put IV 25d	37.0%	34.5%	44.4%	37.9%	41.3%
Bid-Ask Spread %	44.54	28.78	59.05	28.78	53.09
Gamma HHI	0.07	0.04	0.28	0.05	0.06
Net GEX	353.9M	111.7M	918.0M	281.2M	111.7M
Net DEX	-9.49B	-13.10B	-6.40B	-7.88B	-7.43B
Net VEX	-46.3M	-51.7M	-43.4M	-45.2M	-51.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.46	0.33	0.78	0.59	0.78
Total Volume	929,836.842	415,120	1,739,720	618,620	865,640
Total OI	4,888,660	3,743,940	5,701,720	5,021,120	4,784,600

Daily Data (19 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
2021-01-04	$86.58	$75.00	34.2%	9.6%	17.5%	27.9%	33.8%	4.2%	-0.7%	281.2M	-7.88B	-45.2M	0.59	28.78	N/A	N/A	389,980	228,640	2,847,020	2,174,100
2021-01-05	$86.83	$75.00	33.8%	9.4%	17.6%	27.1%	33.6%	3.4%	-0.5%	327.5M	-8.26B	-45.8M	0.40	29.90	N/A	N/A	296,380	118,740	2,952,040	2,265,260
2021-01-06	$86.28	$75.50	33.5%	9.2%	17.6%	26.6%	32.0%	4.7%	-0.9%	238.4M	-7.24B	-44.4M	0.49	34.94	N/A	N/A	506,320	246,300	2,937,580	2,308,400
2021-01-07	$88.58	$77.00	32.8%	8.9%	20.3%	25.4%	31.4%	3.6%	-1.0%	598.3M	-10.99B	-45.0M	0.36	36.87	N/A	N/A	817,080	292,240	3,045,700	2,387,040
2021-01-08	$89.66	$77.50	33.4%	9.0%	18.9%	26.3%	31.4%	3.3%	-1.2%	918.0M	-13.10B	-45.1M	0.36	38.12	N/A	N/A	933,880	338,900	3,195,660	2,430,880
2021-01-11	$87.97	$79.50	35.1%	9.6%	20.2%	29.4%	33.6%	4.0%	-1.2%	398.0M	-9.71B	-44.8M	0.65	35.55	N/A	N/A	272,640	176,580	2,946,480	2,285,360
2021-01-12	$86.93	$80.50	35.3%	9.7%	20.6%	29.7%	34.1%	3.7%	-1.1%	287.8M	-8.30B	-44.6M	0.40	36.54	N/A	N/A	555,420	221,440	2,996,900	2,360,480
2021-01-13	$87.54	$80.50	33.7%	9.3%	20.5%	26.9%	32.6%	3.3%	-1.3%	401.6M	-9.30B	-45.2M	0.40	44.00	N/A	N/A	382,840	152,820	3,091,920	2,433,540
2021-01-14	$86.87	$80.50	33.9%	9.4%	20.6%	27.3%	33.0%	3.3%	-0.9%	290.3M	-8.19B	-45.0M	0.33	39.19	N/A	N/A	613,900	202,140	3,132,760	2,479,440
2021-01-15	$86.66	$81.00	32.9%	9.1%	20.6%	25.5%	31.7%	3.1%	-1.6%	209.1M	-7.54B	-44.3M	0.60	40.77	N/A	N/A	549,980	332,300	3,169,800	2,531,920
2021-01-19	$89.29	$81.50	33.2%	9.4%	22.7%	26.1%	33.6%	2.8%	-0.9%	316.7M	-7.75B	-43.4M	0.43	45.93	N/A	N/A	842,180	358,320	2,153,540	1,590,400
2021-01-20	$94.43	$81.00	34.7%	10.0%	29.4%	28.7%	35.6%	2.1%	-1.2%	379.1M	-12.44B	-44.1M	0.49	52.14	N/A	N/A	1,164,040	575,680	2,297,160	1,697,240
2021-01-21	$94.59	$82.50	34.0%	9.8%	29.4%	27.5%	34.5%	1.5%	-1.1%	368.3M	-12.45B	-45.4M	0.39	54.21	N/A	N/A	1,142,700	444,040	2,429,200	1,855,420
2021-01-22	$94.97	$82.75	33.6%	9.7%	28.9%	26.7%	33.7%	2.1%	-1.2%	568.7M	-12.48B	-46.5M	0.33	56.61	N/A	N/A	1,095,800	365,300	2,573,140	1,984,420
2021-01-25	$94.36	$83.25	35.8%	10.5%	29.0%	30.5%	37.0%	0.9%	-0.8%	286.1M	-10.32B	-47.9M	0.45	51.53	N/A	N/A	477,400	214,300	2,369,420	1,715,320
2021-01-26	$95.64	$84.00	35.9%	10.7%	29.0%	30.6%	37.8%	0.8%	-1.1%	328.9M	-11.46B	-48.1M	0.44	56.16	N/A	N/A	353,300	156,100	2,458,360	1,816,220
2021-01-27	$90.44	$84.00	42.9%	13.2%	35.0%	42.7%	46.0%	2.4%	-1.7%	149.5M	-6.40B	-51.2M	0.48	52.84	N/A	N/A	823,500	394,180	2,527,120	1,877,500
2021-01-28	$92.80	$85.50	36.6%	11.0%	35.8%	31.8%	37.4%	2.5%	-0.8%	265.1M	-9.13B	-51.3M	0.43	59.05	N/A	N/A	536,400	229,500	2,747,840	2,035,360
2021-01-29	$91.70	$86.50	38.7%	11.8%	35.7%	35.5%	41.4%	3.5%	-1.0%	111.7M	-7.43B	-51.7M	0.78	53.09	N/A	N/A	487,440	378,200	2,735,360	2,049,240