GOOGL Options History — March 2023

In March 2023, GOOGL traded between $90.35 and $105.81. ATM implied volatility averaged 33.5%, placing in the 33.0% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 1.1% (HV 20d: 32.3%). Max pain ranged from $95.00 to $96.00. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 0.65.

Notable Days

  • 2023-03-16: Highest Volume — 716,767 contracts
  • 2023-03-09: Largest IV spike — 11.1% change
  • 2023-03-29: Highest IV Rank — 53.9%
  • 2023-03-13: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$98.11$90.35$105.81$90.35$103.22
Max Pain$95.04$95.00$96.00$96.00$95.00
ATM IV33.5%29.8%38.5%32.4%36.7%
Expected Move9.2%8.2%10.1%9.4%8.2%
HV 20d32.3%22.9%47.7%47.7%31.4%
HV 60d38.4%37.9%39.1%38.2%38.0%
IV Rank33.0%17.4%53.9%28.4%46.5%
IV Percentile36.1%11.1%71.0%21.8%61.9%
Term Structure0.9%-2.0%5.9%-0.5%-0.3%
VWIV32.0%28.7%35.1%33.5%28.7%
Skew 25d4.8%3.0%6.2%3.5%5.2%
Skew 10d8.8%5.3%11.2%6.4%9.9%
Call IV 25d31.3%28.5%36.8%30.8%34.5%
Put IV 25d36.1%31.6%42.4%34.3%39.7%
Bid-Ask Spread %4.062.316.344.383.03
Gamma HHI0.050.030.080.040.05
Net GEX121.8M-30.3M233.8M19.1M184.4M
Net DEX-2.25B-5.88B1.55B1.44B-3.99B
Net VEX-50.2M-55.9M-44.7M-44.7M-53.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.411.511.510.51
Total Volume374,152.043209,659716,767463,556398,862
Total OI3,694,671.3483,230,7653,999,9373,816,8843,567,225

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$90.35$96.0032.4%9.4%47.7%28.4%33.5%3.5%-0.5%19.1M1.44B-44.7M1.514.38N/AN/A184,626278,9302,372,9311,443,953
2023-03-02$92.07$95.0031.3%9.2%47.3%23.6%32.1%3.2%-0.2%97.3M311.5M-46.1M0.546.34N/AN/A235,014125,7322,414,9981,452,040
2023-03-03$93.56$95.0029.8%8.6%41.4%17.5%30.9%3.0%-0.2%81.7M-762.1M-47.2M0.465.69N/AN/A289,881132,3032,464,5621,487,979
2023-03-06$95.25$95.0030.1%8.7%41.8%18.5%30.2%3.1%0.9%139.1M-1.41B-48.2M0.503.12N/AN/A207,973104,0492,352,0071,451,241
2023-03-07$93.80$95.0030.4%8.7%41.8%19.9%30.4%3.5%-0.1%86.0M-366.1M-47.0M0.413.29N/AN/A191,98878,7442,374,0661,483,272
2023-03-08$94.55$95.0029.8%8.7%37.8%17.4%30.4%3.1%-0.3%137.7M-1.02B-47.8M0.802.93N/AN/A198,787158,7332,426,4201,504,150
2023-03-09$92.22$95.0033.1%9.6%27.5%31.6%32.5%3.7%-2.0%42.7M499.4M-46.5M0.464.97N/AN/A203,42994,0372,446,9191,522,199
2023-03-10$90.43$95.0035.0%9.9%22.9%39.5%34.3%5.1%-1.0%-30.3M1.55B-45.6M0.602.97N/AN/A215,954129,3752,468,7471,525,846
2023-03-13$91.78$95.0034.7%10.1%23.7%38.5%34.4%5.5%0.6%18.5M682.8M-46.4M0.544.73N/AN/A159,06285,5302,379,1961,489,863
2023-03-14$93.53$95.0032.4%9.2%24.8%28.4%32.5%5.1%-0.4%55.6M-156.5M-46.6M0.764.79N/AN/A158,959121,5122,398,1801,505,132
2023-03-15$96.30$95.0034.4%9.9%27.0%37.0%35.1%6.2%0.2%130.3M-1.78B-49.1M0.776.00N/AN/A246,355189,8222,394,7801,512,150
2023-03-16$100.41$95.0031.8%9.1%30.0%25.7%32.1%5.2%0.1%233.8M-4.86B-51.0M0.685.75N/AN/A427,074289,6932,421,6471,541,995
2023-03-17$101.34$95.0033.4%9.7%29.8%32.8%33.1%5.3%0.2%183.3M-5.34B-51.9M0.682.99N/AN/A364,453246,6202,408,7111,591,226
2023-03-20$101.16$95.0032.8%9.4%29.2%30.1%33.0%5.4%3.6%130.6M-3.28B-51.3M0.794.46N/AN/A117,16692,4931,917,9141,312,851
2023-03-21$104.95$95.0030.8%8.8%29.7%21.7%31.1%5.2%3.8%184.9M-5.15B-52.9M0.513.25N/AN/A324,767166,1331,942,9991,336,433
2023-03-22$104.63$95.0031.2%8.9%29.6%23.2%31.6%5.3%5.3%196.5M-5.16B-54.0M0.524.40N/AN/A344,171179,0492,013,8121,374,876
2023-03-23$105.81$95.0033.8%9.4%29.2%34.4%33.1%5.7%5.9%224.0M-5.88B-55.9M0.794.47N/AN/A221,621175,5822,068,2141,413,687
2023-03-24$105.23$95.0034.7%9.4%27.6%37.7%32.4%5.7%5.7%192.6M-5.62B-55.6M0.654.24N/AN/A190,220124,5652,105,2201,459,740
2023-03-27$102.78$95.0037.0%9.2%29.8%47.4%31.2%6.1%-0.1%145.2M-3.55B-54.0M0.632.97N/AN/A202,958128,2991,975,8651,310,107
2023-03-28$100.77$95.0038.3%9.3%31.3%53.3%32.5%5.6%-0.2%107.0M-2.52B-53.0M0.693.21N/AN/A164,171113,2272,029,2521,359,302
2023-03-29$101.40$95.0038.5%9.0%31.2%53.9%31.0%5.5%-0.7%125.9M-2.84B-53.1M0.692.31N/AN/A146,752101,0302,064,8671,384,777
2023-03-30$100.91$95.0037.8%8.6%31.0%50.9%30.0%5.1%-0.1%115.5M-2.57B-53.3M0.472.98N/AN/A200,80294,9942,100,2281,405,862
2023-03-31$103.22$95.0036.7%8.2%31.4%46.5%28.7%5.2%-0.3%184.4M-3.99B-53.8M0.513.03N/AN/A264,162134,7002,133,1071,434,118