GOOGL Options History — May 2023

In May 2023, GOOGL traded between $104.72 and $125.00. ATM implied volatility averaged 27.2%, placing in the 6.5% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded below realized volatility by 1.6% (HV 20d: 28.7%). Max pain ranged from $100.00 to $106.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.61.

Notable Days

  • 2023-05-11: Highest Volume — 1,205,377 contracts
  • 2023-05-05: Largest IV drop — 10.4% change
  • 2023-05-04: Highest IV Rank — 18.7%
  • 2023-05-04: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$116.29$104.72$125.00$107.28$123.63
Max Pain$102.84$100.00$106.50$105.00$106.50
ATM IV27.2%25.4%30.0%26.6%27.6%
Expected Move8.0%7.3%8.8%7.9%8.4%
HV 20d28.7%25.4%31.0%27.8%27.6%
HV 60d29.6%26.9%34.4%34.4%29.0%
IV Rank6.5%0.0%18.7%2.7%9.9%
IV Percentile4.6%0.0%11.1%1.6%8.3%
Term Structure0.1%-1.1%1.2%0.9%-0.5%
VWIV28.5%26.4%31.1%27.4%29.5%
Skew 25d3.6%2.5%4.7%3.7%2.5%
Skew 10d6.9%4.4%8.7%7.3%4.4%
Call IV 25d25.8%24.5%28.1%24.7%26.8%
Put IV 25d29.4%27.6%32.6%28.4%29.3%
Bid-Ask Spread %3.022.125.354.385.35
Gamma HHI0.080.040.420.060.05
Net GEX240.5M42.1M626.6M180.6M218.3M
Net DEX-7.92B-12.31B-2.49B-4.00B-9.65B
Net VEX-55.8M-60.3M-51.7M-52.2M-58.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.610.330.950.790.52
Total Volume443,265.864189,7621,205,377189,762202,446
Total OI3,633,903.5453,357,5283,972,9613,357,5283,683,667

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$107.28$105.0026.6%7.9%27.8%2.7%27.4%3.7%0.9%180.6M-4.00B-52.2M0.794.38N/AN/A105,74984,0131,945,0151,412,513
2023-05-02$105.27$105.0028.1%8.5%28.6%9.9%28.4%4.5%0.5%108.0M-2.88B-52.7M0.834.64N/AN/A122,711101,5531,981,6201,447,348
2023-05-03$105.60$105.0028.2%8.4%28.7%10.0%28.6%4.7%0.2%116.8M-3.07B-53.0M0.834.18N/AN/A104,40987,1341,991,5931,471,868
2023-05-04$104.72$100.0030.0%8.8%28.8%18.7%31.1%4.5%-0.1%42.1M-2.49B-52.7M0.682.59N/AN/A124,24783,8842,003,1081,487,780
2023-05-05$105.66$100.0026.9%8.1%25.6%4.0%26.9%4.4%0.1%120.7M-3.10B-52.0M0.533.09N/AN/A180,63195,7422,035,5731,497,433
2023-05-08$107.73$100.0026.6%7.9%25.6%2.7%27.5%3.9%0.8%178.6M-4.27B-51.7M0.452.66N/AN/A143,39164,4771,947,9971,411,030
2023-05-09$107.56$100.0027.8%8.2%25.4%8.3%29.2%4.2%1.0%189.2M-4.30B-52.4M0.392.45N/AN/A302,172118,1181,984,1491,430,746
2023-05-10$112.06$100.0027.1%7.9%28.9%4.8%28.3%3.3%0.6%298.5M-7.09B-54.2M0.442.37N/AN/A589,707258,5512,029,2661,471,308
2023-05-11$116.81$100.0027.5%8.0%31.0%6.6%28.8%3.3%0.4%305.0M-10.00B-55.1M0.662.31N/AN/A724,962480,4152,098,2131,545,167
2023-05-12$117.65$100.0026.1%7.7%30.9%0.3%27.8%3.3%1.2%407.8M-10.23B-56.3M0.452.84N/AN/A545,161247,2822,182,8301,689,545
2023-05-15$116.66$100.0025.9%7.5%29.1%0.0%27.5%3.9%-0.2%283.5M-8.51B-55.6M0.602.94N/AN/A227,402136,7562,081,5901,588,166
2023-05-16$119.95$100.0026.8%7.7%29.2%4.0%27.9%3.7%-0.4%339.6M-10.58B-56.6M0.602.55N/AN/A380,964229,9822,109,9681,631,425
2023-05-17$120.93$100.0026.7%7.7%29.0%3.7%28.4%3.4%-1.1%299.5M-10.99B-57.2M0.812.80N/AN/A231,735187,1782,127,2931,710,856
2023-05-18$123.25$105.0026.2%7.6%29.3%1.4%26.9%3.0%-1.0%292.6M-12.31B-56.7M0.642.78N/AN/A288,089183,4572,143,6311,752,743
2023-05-19$122.52$105.0025.4%7.3%29.6%0.0%26.4%3.1%-0.6%126.1M-11.80B-56.6M0.462.12N/AN/A535,808246,8452,159,2801,813,681
2023-05-22$125.00$105.0026.1%7.7%29.9%3.1%27.6%3.5%0.3%288.6M-10.86B-57.9M0.732.69N/AN/A275,597201,9272,015,7121,509,620
2023-05-23$122.94$105.0026.9%7.9%29.9%6.7%28.6%3.8%0.1%219.6M-9.48B-58.9M0.613.11N/AN/A197,624121,2482,063,3571,588,364
2023-05-24$120.81$105.0028.1%8.3%30.8%12.2%30.2%4.0%0.1%151.5M-8.16B-59.7M0.952.82N/AN/A144,209136,4232,093,7261,609,145
2023-05-25$123.75$105.0028.2%8.3%29.0%12.9%29.6%2.9%-0.1%302.2M-10.11B-60.3M0.572.66N/AN/A277,770158,7382,126,1841,629,226
2023-05-26$124.85$105.5027.5%8.1%28.5%9.4%29.3%2.9%0.2%626.6M-10.71B-59.7M0.332.23N/AN/A351,726117,4302,136,6291,689,059
2023-05-30$123.75$105.5028.0%8.6%29.0%12.0%30.8%2.7%-0.5%196.5M-9.71B-58.5M0.612.98N/AN/A219,954134,2322,030,1061,588,348
2023-05-31$123.63$106.5027.6%8.4%27.6%9.9%29.5%2.5%-0.5%218.3M-9.65B-58.0M0.525.35N/AN/A133,17869,2682,072,8151,610,852