GOOGL Options History — March 2022

In March 2022, GOOGL traded between $125.90 and $143.17. ATM implied volatility averaged 31.4%, placing in the 62.1% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded below realized volatility by 3.2% (HV 20d: 34.6%). Max pain ranged from $132.50 to $135.00. Net GEX was positive for 17 of 23 trading days. Term structure was in contango for 7 of 23 days. Put/call ratio averaged 0.67.

Notable Days

2022-03-18: Highest Volume — 2,642,740 contracts
2022-03-07: Largest IV spike — 12.3% change
2022-03-07: Highest IV Rank — 95.0%
2022-03-07: Largest Expected Move — 12.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$135.00	$125.90	$143.17	$133.47	$140.75
Max Pain	$133.92	$132.50	$135.00	$132.50	$135.00
ATM IV	31.4%	25.8%	38.9%	35.2%	30.4%
Expected Move	9.6%	7.9%	12.6%	10.7%	8.3%
HV 20d	34.6%	29.0%	42.9%	42.9%	33.8%
HV 60d	33.1%	30.2%	34.8%	30.7%	34.8%
IV Rank	62.1%	37.7%	95.0%	78.7%	58.1%
IV Percentile	81.5%	56.7%	98.8%	97.6%	82.9%
Term Structure	0.8%	-0.6%	5.1%	-0.6%	-0.6%
VWIV	34.0%	28.5%	43.0%	38.4%	29.6%
Skew 25d	6.2%	3.9%	9.2%	7.9%	4.5%
Skew 10d	11.8%	7.8%	17.1%	15.2%	8.9%
Call IV 25d	28.8%	23.1%	34.7%	31.9%	28.8%
Put IV 25d	35.0%	27.2%	44.0%	39.8%	33.2%
Bid-Ask Spread %	22.43	7.56	41.26	30.85	16.72
Gamma HHI	0.03	0.02	0.09	0.03	0.03
Net GEX	283.8M	-179.7M	1.18B	24.6M	430.0M
Net DEX	-7.87B	-20.32B	3.66B	-2.44B	-16.23B
Net VEX	-100.6M	-104.7M	-91.7M	-103.7M	-104.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.67	0.42	1.04	0.60	0.72
Total Volume	1,440,389.565	960,920	2,642,740	960,920	1,239,320
Total OI	6,459,614.783	5,818,380	7,240,740	6,007,940	7,159,380

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
2022-03-01	$133.47	$132.50	35.2%	10.7%	42.9%	78.7%	38.4%	7.9%	-0.6%	24.6M	-2.44B	-103.7M	0.60	30.85	N/A	N/A	599,160	361,760	3,089,620	2,918,320
2022-03-02	$134.99	$132.50	31.7%	9.4%	42.4%	63.6%	34.0%	6.9%	-0.3%	123.7M	-4.40B	-103.6M	0.65	35.82	N/A	N/A	693,740	450,520	3,194,080	2,968,740
2022-03-03	$133.24	$132.50	32.7%	9.8%	31.0%	67.9%	34.9%	7.4%	-0.3%	41.8M	-1.37B	-102.2M	0.71	37.37	N/A	N/A	791,020	560,300	3,326,660	3,088,580
2022-03-04	$131.57	$132.50	34.6%	10.4%	29.0%	76.3%	37.7%	8.5%	-0.4%	-165.0M	813.0M	-100.5M	1.04	35.40	N/A	N/A	690,880	720,560	3,362,840	3,107,680
2022-03-07	$126.73	$132.50	38.9%	12.6%	31.1%	95.0%	43.0%	9.2%	-0.6%	-179.7M	3.66B	-94.9M	0.63	30.49	N/A	N/A	769,500	486,020	3,050,280	2,856,620
2022-03-08	$127.59	$132.50	37.5%	12.0%	29.9%	88.8%	40.3%	9.0%	-0.6%	-140.2M	2.60B	-97.1M	0.80	34.02	N/A	N/A	851,360	677,580	3,185,740	2,932,020
2022-03-09	$133.65	$132.50	34.0%	10.4%	34.9%	73.6%	38.2%	7.9%	-0.5%	34.8M	-4.31B	-101.6M	0.78	38.68	N/A	N/A	675,840	526,360	3,229,340	3,033,980
2022-03-10	$132.44	$132.50	34.0%	10.2%	34.2%	73.8%	36.4%	7.3%	-0.3%	63.0M	-2.86B	-100.8M	0.97	41.26	N/A	N/A	556,820	538,400	3,304,200	3,085,080
2022-03-11	$130.21	$132.50	34.2%	10.0%	34.0%	74.4%	35.8%	7.2%	-0.1%	-175.4M	3.4M	-97.3M	0.74	36.17	N/A	N/A	864,780	639,200	3,332,200	3,092,080
2022-03-14	$125.90	$135.00	37.4%	11.1%	34.1%	88.4%	37.0%	8.0%	-0.2%	-178.5M	3.26B	-91.7M	0.95	7.56	N/A	N/A	524,260	495,540	3,035,400	2,782,980
2022-03-15	$129.12	$134.75	35.0%	10.5%	35.2%	77.9%	38.6%	7.2%	-0.1%	-114.9M	340.5M	-95.6M	0.42	8.38	N/A	N/A	1,255,820	528,440	3,117,400	2,884,180
2022-03-16	$132.19	$134.75	30.8%	9.6%	36.2%	59.6%	33.1%	6.3%	-0.0%	99.7M	-3.74B	-100.1M	0.64	12.62	N/A	N/A	822,200	530,260	3,421,560	2,978,240
2022-03-17	$133.85	$134.25	28.6%	9.2%	36.3%	50.1%	34.1%	5.3%	0.1%	288.5M	-6.07B	-98.7M	0.68	12.51	N/A	N/A	1,013,540	689,260	3,416,300	3,009,680
2022-03-18	$135.81	$134.00	26.8%	8.8%	34.8%	42.4%	30.5%	4.1%	0.4%	944.8M	-11.69B	-100.5M	0.44	12.63	N/A	N/A	1,830,280	812,460	3,752,600	3,237,780
2022-03-21	$135.31	$135.00	27.4%	8.8%	34.1%	44.8%	31.1%	5.2%	4.2%	270.7M	-11.36B	-97.9M	0.68	12.94	N/A	N/A	749,780	507,780	3,386,260	2,698,580
2022-03-22	$140.27	$135.00	25.8%	8.4%	36.0%	37.7%	29.7%	4.5%	4.6%	542.8M	-17.06B	-101.3M	0.58	14.38	N/A	N/A	1,096,980	640,320	3,496,840	2,850,380
2022-03-23	$138.82	$135.00	26.6%	8.7%	35.7%	41.2%	32.6%	4.7%	4.7%	514.3M	-15.46B	-102.1M	0.64	13.74	N/A	N/A	842,300	539,920	3,630,160	3,007,740
2022-03-24	$141.05	$135.00	26.4%	8.4%	34.1%	40.6%	30.1%	4.0%	4.8%	914.9M	-18.95B	-104.0M	0.46	14.87	N/A	N/A	1,257,680	580,320	3,768,840	3,120,360
2022-03-25	$141.28	$135.00	26.5%	8.4%	33.9%	40.9%	29.3%	4.0%	5.1%	1.18B	-19.74B	-104.7M	0.54	15.63	N/A	N/A	1,158,600	631,080	4,024,140	3,216,600
2022-03-28	$141.50	$135.00	29.1%	8.4%	33.9%	52.2%	29.8%	4.5%	-0.3%	603.6M	-17.78B	-104.2M	0.59	17.56	N/A	N/A	781,940	458,200	3,674,740	2,971,000
2022-03-29	$143.17	$135.00	28.2%	7.9%	33.9%	48.2%	28.5%	3.9%	-0.0%	789.9M	-20.32B	-101.9M	0.52	18.41	N/A	N/A	1,011,340	523,980	3,742,800	3,068,100
2022-03-30	$142.01	$135.00	29.6%	8.1%	34.0%	54.6%	29.6%	4.0%	-0.5%	612.7M	-18.00B	-103.7M	0.74	17.86	N/A	N/A	664,420	489,140	3,805,060	3,155,980
2022-03-31	$140.75	$135.00	30.4%	8.3%	33.8%	58.1%	29.6%	4.5%	-0.6%	430.0M	-16.23B	-104.7M	0.72	16.72	N/A	N/A	722,040	517,280	3,932,560	3,226,820