GOOGL Options History — January 2022

In January 2022, GOOGL traded between $128.13 and $144.89. ATM implied volatility averaged 33.0%, placing in the 62.9% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 10.4% (HV 20d: 22.6%). Max pain ranged from $135.00 to $141.25. Net GEX was positive for 7 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 1.02.

Notable Days

2022-01-05: Highest Volume — 2,095,100 contracts
2022-01-05: Largest IV spike — 16.6% change
2022-01-27: Highest IV Rank — 97.6%
2022-01-25: Largest Expected Move — 12.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$136.13	$128.13	$144.89	$144.79	$134.66
Max Pain	$138.50	$135.00	$141.25	$135.00	$137.50
ATM IV	33.0%	25.7%	40.0%	25.7%	34.9%
Expected Move	9.3%	5.6%	12.2%	5.6%	11.1%
HV 20d	22.6%	17.8%	26.0%	18.5%	26.0%
HV 60d	23.7%	21.4%	25.2%	23.3%	21.8%
IV Rank	62.9%	33.3%	97.6%	33.3%	77.7%
IV Percentile	89.3%	57.9%	99.6%	57.9%	97.2%
Term Structure	-1.1%	-1.7%	-0.2%	-0.7%	-1.1%
VWIV	32.4%	19.9%	41.9%	19.9%	38.9%
Skew 25d	6.2%	4.3%	8.9%	4.3%	6.6%
Skew 10d	12.7%	9.3%	17.8%	9.3%	13.4%
Call IV 25d	30.6%	25.4%	36.1%	25.4%	31.6%
Put IV 25d	36.8%	29.7%	44.9%	29.7%	38.2%
Bid-Ask Spread %	29.82	16.46	60.59	57.31	27.23
Gamma HHI	0.04	0.02	0.07	0.03	0.02
Net GEX	-116.9M	-418.4M	384.8M	24.5M	-61.9M
Net DEX	-911.6M	-9.02B	5.20B	-8.50B	-1.01B
Net VEX	-70.3M	-76.9M	-62.9M	-62.9M	-76.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.02	0.75	1.32	1.32	0.83
Total Volume	1,309,974	951,800	2,095,100	1,052,420	1,054,240
Total OI	5,569,553	4,428,060	6,439,760	5,050,300	4,499,020

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
2022-01-03	$144.79	$135.00	25.7%	5.6%	18.5%	33.3%	19.9%	4.3%	-0.7%	24.5M	-8.50B	-62.9M	1.32	57.31	N/A	N/A	454,180	598,240	2,270,740	2,779,560
2022-01-04	$144.89	$135.00	27.2%	5.8%	17.8%	38.8%	20.5%	4.6%	-0.2%	43.0M	-8.70B	-63.1M	1.05	57.28	N/A	N/A	567,100	596,280	2,352,240	2,894,720
2022-01-05	$138.40	$135.00	31.7%	7.4%	22.2%	56.3%	25.3%	5.8%	-0.8%	-418.4M	-596.5M	-64.5M	0.86	60.59	N/A	N/A	1,127,060	968,040	2,416,140	2,999,640
2022-01-06	$137.82	$141.25	30.9%	8.4%	22.0%	53.5%	29.3%	5.5%	-0.7%	-306.7M	-237.0M	-68.7M	1.02	23.68	N/A	N/A	720,200	736,160	2,814,680	3,212,220
2022-01-07	$136.91	$140.00	30.4%	8.3%	21.8%	51.4%	28.8%	5.1%	-1.0%	-405.1M	1.15B	-67.7M	0.95	22.65	N/A	N/A	816,200	777,240	2,907,180	3,282,640
2022-01-10	$138.15	$140.00	31.5%	8.7%	22.3%	55.5%	30.6%	5.5%	-0.8%	3.2M	-3.02B	-70.0M	0.83	29.39	N/A	N/A	795,940	659,280	2,713,480	3,071,440
2022-01-11	$139.61	$140.00	29.4%	8.1%	22.6%	47.6%	29.1%	4.8%	-1.0%	158.7M	-5.38B	-70.1M	1.00	24.78	N/A	N/A	576,400	575,720	2,788,900	3,166,580
2022-01-12	$141.62	$140.00	28.1%	7.8%	22.6%	42.6%	28.0%	4.4%	-1.1%	384.8M	-9.02B	-70.3M	0.96	29.26	N/A	N/A	675,540	650,780	2,865,300	3,254,060
2022-01-13	$138.96	$140.00	30.2%	8.4%	22.9%	50.5%	29.1%	4.9%	-1.2%	31.9M	-3.91B	-71.5M	0.77	26.46	N/A	N/A	928,920	713,280	2,925,920	3,338,720
2022-01-14	$139.67	$140.00	29.6%	8.3%	23.0%	48.3%	29.2%	4.7%	-1.1%	81.0M	-4.50B	-72.1M	1.25	30.53	N/A	N/A	608,520	758,260	2,989,740	3,450,020
2022-01-18	$135.98	$140.00	33.0%	9.4%	24.3%	61.5%	32.2%	5.9%	-1.4%	-191.7M	288.0M	-68.3M	1.23	28.03	N/A	N/A	455,760	561,260	2,735,120	3,199,980
2022-01-19	$136.22	$139.50	32.2%	9.2%	24.2%	58.2%	31.7%	5.8%	-1.4%	-202.0M	23.6M	-67.9M	1.03	27.83	N/A	N/A	546,080	563,860	2,813,240	3,308,260
2022-01-20	$134.14	$139.50	32.4%	9.4%	24.0%	59.1%	32.5%	5.9%	-1.6%	-361.4M	2.17B	-67.6M	1.25	28.69	N/A	N/A	505,960	629,940	2,872,660	3,337,820
2022-01-21	$131.42	$139.25	36.7%	10.7%	23.0%	75.9%	36.8%	7.6%	-1.7%	-396.1M	5.20B	-71.9M	1.24	25.61	N/A	N/A	719,040	890,900	2,852,420	3,378,340
2022-01-24	$129.99	$138.00	39.4%	11.8%	22.4%	86.2%	40.9%	8.6%	-1.2%	-176.9M	4.25B	-72.8M	1.19	18.34	N/A	N/A	668,400	796,160	2,005,740	2,422,320
2022-01-25	$128.13	$137.50	40.0%	12.2%	22.3%	88.8%	41.9%	8.6%	-1.6%	-159.5M	4.71B	-72.8M	1.18	16.46	N/A	N/A	436,400	515,400	2,162,480	2,504,060
2022-01-26	$128.92	$137.50	38.8%	11.9%	22.8%	84.1%	40.6%	8.4%	-1.2%	-154.4M	4.16B	-74.5M	0.76	22.34	N/A	N/A	678,960	515,300	2,249,920	2,598,940
2022-01-27	$130.18	$137.50	39.5%	12.2%	23.4%	97.6%	41.4%	8.9%	-1.3%	-161.3M	3.31B	-76.2M	0.92	17.61	N/A	N/A	521,960	480,500	2,279,540	2,651,900
2022-01-28	$132.10	$137.50	38.0%	11.8%	24.5%	91.3%	40.5%	7.9%	-1.2%	-70.6M	1.40B	-76.9M	0.75	22.24	N/A	N/A	776,940	579,080	2,343,460	2,681,920
2022-01-31	$134.66	$137.50	34.9%	11.1%	26.0%	77.7%	38.9%	6.6%	-1.1%	-61.9M	-1.01B	-76.5M	0.83	27.23	N/A	N/A	575,680	478,560	2,056,180	2,442,840