GOOGL Options History — May 2022

In May 2022, GOOGL traded between $105.73 and $122.22. ATM implied volatility averaged 36.9%, placing in the 61.8% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded below realized volatility by 6.6% (HV 20d: 43.5%). Max pain ranged from $114.00 to $132.00. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.85.

Notable Days

2022-05-31: Highest Volume — 2,883,580 contracts
2022-05-05: Largest IV spike — 25.9% change
2022-05-12: Highest IV Rank — 79.6%
2022-05-12: Largest Expected Move — 12.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$113.12	$105.73	$122.22	$116.03	$114.58
Max Pain	$124.42	$114.00	$132.00	$130.50	$114.00
ATM IV	36.9%	31.3%	42.5%	37.3%	34.1%
Expected Move	10.7%	9.3%	12.1%	11.3%	10.2%
HV 20d	43.5%	38.3%	45.9%	40.0%	43.0%
HV 60d	36.9%	34.8%	39.3%	34.8%	39.3%
IV Rank	61.8%	44.4%	79.6%	63.2%	53.1%
IV Percentile	90.5%	74.6%	98.8%	94.4%	82.9%
Term Structure	-0.4%	-1.0%	0.3%	-0.6%	-0.5%
VWIV	37.1%	33.0%	42.5%	39.2%	36.7%
Skew 25d	7.2%	5.5%	8.3%	7.8%	5.7%
Skew 10d	14.0%	10.9%	15.8%	14.6%	11.5%
Call IV 25d	33.7%	29.1%	39.2%	33.6%	31.9%
Put IV 25d	41.0%	34.6%	47.2%	41.4%	37.6%
Bid-Ask Spread %	31.05	19.84	43.08	34.45	36.55
Gamma HHI	0.03	0.02	0.05	0.03	0.02
Net GEX	-62.1M	-237.6M	192.6M	-143.7M	168.7M
Net DEX	5.23B	-1.48B	8.64B	7.06B	-1.48B
Net VEX	-79.0M	-89.6M	-68.2M	-83.4M	-82.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.85	0.63	1.24	1.24	0.83
Total Volume	1,323,973.333	814,380	2,883,580	1,080,020	2,883,580
Total OI	6,588,013.333	5,848,440	6,982,100	6,359,480	6,288,780

Daily Data (21 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
2022-05-02	$116.03	$130.50	37.3%	11.3%	40.0%	63.2%	39.2%	7.8%	-0.6%	-143.7M	7.06B	-83.4M	1.24	34.45	N/A	N/A	481,820	598,200	3,439,520	2,919,960
2022-05-03	$117.13	$130.00	35.5%	10.8%	38.3%	57.6%	38.3%	7.0%	-0.4%	-79.6M	5.92B	-84.3M	0.94	36.18	N/A	N/A	420,380	394,000	3,543,440	2,966,920
2022-05-04	$122.22	$130.00	31.3%	9.3%	42.5%	44.4%	33.7%	5.5%	-0.1%	67.5M	1.40B	-89.6M	0.64	43.08	N/A	N/A	762,840	490,840	3,603,060	2,996,280
2022-05-05	$116.24	$132.00	39.4%	11.0%	44.6%	69.8%	39.2%	7.9%	-0.9%	-48.4M	6.25B	-85.6M	0.80	21.03	N/A	N/A	805,580	645,760	3,694,380	3,036,320
2022-05-06	$115.52	$131.75	38.4%	10.9%	44.5%	66.8%	38.0%	7.9%	-0.6%	-150.8M	7.16B	-84.5M	0.74	24.24	N/A	N/A	710,800	527,600	3,822,660	3,132,380
2022-05-09	$112.87	$131.50	42.0%	11.8%	44.6%	77.8%	35.8%	8.3%	-0.6%	-102.9M	7.95B	-80.6M	0.95	21.91	N/A	N/A	535,300	509,740	3,590,660	2,938,120
2022-05-10	$114.15	$130.00	40.3%	11.5%	44.0%	72.6%	37.1%	8.2%	-0.2%	-84.2M	6.41B	-81.9M	0.83	27.18	N/A	N/A	529,380	439,340	3,664,660	2,947,220
2022-05-11	$113.80	$130.00	41.6%	11.8%	43.9%	76.5%	40.3%	7.9%	-0.6%	-61.7M	6.07B	-82.8M	0.75	23.51	N/A	N/A	616,120	461,400	3,740,480	2,938,920
2022-05-12	$112.06	$127.50	42.5%	12.1%	42.7%	79.6%	42.5%	8.0%	-0.4%	-133.2M	7.49B	-80.1M	0.87	19.84	N/A	N/A	768,500	668,820	3,822,140	2,986,240
2022-05-13	$116.06	$127.50	37.3%	10.8%	44.7%	63.1%	37.1%	6.9%	0.3%	63.3M	3.80B	-83.9M	0.63	27.39	N/A	N/A	1,012,540	633,180	3,918,280	3,039,460
2022-05-16	$114.22	$126.00	36.4%	10.5%	44.9%	60.5%	36.0%	7.1%	-0.9%	-44.2M	5.78B	-78.6M	0.85	30.96	N/A	N/A	511,980	435,240	3,738,240	2,872,740
2022-05-17	$116.05	$125.00	33.2%	9.6%	44.3%	50.4%	33.0%	6.9%	-0.5%	-38.8M	3.73B	-78.7M	0.78	35.76	N/A	N/A	562,420	438,800	3,767,340	2,873,360
2022-05-18	$112.48	$125.00	38.0%	10.9%	45.3%	65.3%	37.4%	7.8%	-1.0%	-166.6M	6.27B	-76.5M	0.90	30.95	N/A	N/A	546,440	492,760	3,830,020	2,906,880
2022-05-19	$111.09	$121.50	35.8%	10.3%	44.6%	58.5%	36.0%	7.4%	-0.7%	-222.5M	6.88B	-72.9M	1.02	32.37	N/A	N/A	641,520	653,420	3,910,800	2,904,560
2022-05-20	$108.26	$120.00	35.8%	10.3%	43.5%	58.4%	35.7%	7.4%	-0.7%	-237.6M	8.64B	-69.2M	0.97	32.14	N/A	N/A	745,460	724,320	4,025,240	2,956,860
2022-05-23	$111.12	$117.50	34.5%	10.1%	44.1%	54.4%	35.5%	7.0%	-0.3%	-63.9M	4.07B	-73.3M	1.04	33.05	N/A	N/A	462,180	480,140	3,309,540	2,538,900
2022-05-24	$106.15	$117.50	37.8%	11.2%	45.9%	64.9%	38.7%	7.5%	-0.4%	-154.3M	6.76B	-68.2M	0.69	33.65	N/A	N/A	1,119,800	774,920	3,388,520	2,580,000
2022-05-25	$105.73	$115.50	36.9%	11.0%	43.4%	61.9%	39.0%	7.5%	-0.1%	-90.1M	5.90B	-70.8M	1.03	34.67	N/A	N/A	695,040	715,840	3,707,040	2,733,360
2022-05-26	$107.95	$115.00	33.9%	9.9%	41.5%	52.4%	35.1%	6.4%	0.2%	26.9M	3.90B	-72.7M	0.69	36.47	N/A	N/A	801,940	551,840	3,792,320	2,767,720
2022-05-27	$111.72	$115.00	32.1%	9.4%	42.1%	46.9%	34.0%	5.8%	0.3%	192.6M	-175.7M	-78.8M	0.75	36.63	N/A	N/A	889,560	664,100	3,909,720	2,805,240
2022-05-31	$114.58	$114.00	34.1%	10.2%	43.0%	53.1%	36.7%	5.7%	-0.5%	168.7M	-1.48B	-82.7M	0.83	36.55	N/A	N/A	1,578,680	1,304,900	3,645,920	2,642,860