GOOGL Options History — December 2023

In December 2023, GOOGL traded between $129.13 and $141.49. ATM implied volatility averaged 22.5%, placing in the 14.3% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded below realized volatility by 2.4% (HV 20d: 25.0%). Max pain ranged from $120.00 to $130.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.51.

Notable Days

  • 2023-12-07: Highest Volume — 809,299 contracts
  • 2023-12-04: Largest IV spike — 12.0% change
  • 2023-12-29: Highest IV Rank — 23.8%
  • 2023-12-20: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$135.52$129.13$141.49$131.78$139.81
Max Pain$120.50$120.00$130.00$130.00$120.00
ATM IV22.5%20.0%24.7%20.0%24.7%
Expected Move6.4%5.9%6.7%5.9%6.1%
HV 20d25.0%18.3%27.2%18.3%24.8%
HV 60d31.1%30.0%32.0%30.0%30.3%
IV Rank14.3%3.4%23.8%3.4%23.8%
IV Percentile12.5%2.0%27.4%2.0%27.4%
Term Structure1.5%-0.2%6.6%0.2%6.6%
VWIV22.6%20.5%23.9%20.5%21.8%
Skew 25d1.1%0.2%1.9%1.8%1.5%
Skew 10d2.4%1.2%4.2%3.7%3.0%
Call IV 25d22.1%19.3%23.5%19.3%21.8%
Put IV 25d23.2%21.1%24.5%21.1%23.3%
Bid-Ask Spread %2.931.555.011.722.35
Gamma HHI0.070.040.320.150.05
Net GEX286.6M-206.4M542.8M316.7M178.8M
Net DEX-7.55B-11.57B-4.01B-4.86B-8.82B
Net VEX-50.0M-51.8M-47.5M-48.9M-49.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.271.320.590.84
Total Volume335,031.35169,213809,299262,525209,485
Total OI3,354,5513,153,5993,597,9073,292,2663,377,754

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$131.78$130.0020.0%5.9%18.3%3.4%20.5%1.8%0.2%316.7M-4.86B-48.9M0.591.72N/AN/A165,14197,3841,857,7141,434,552
2023-12-04$129.13$120.0022.4%6.4%19.4%13.8%22.8%1.9%0.3%90.5M-4.01B-47.5M0.524.06N/AN/A224,626117,4291,760,0771,393,522
2023-12-05$130.81$120.0022.4%6.5%19.8%13.5%22.8%1.5%0.1%193.9M-5.08B-49.7M0.452.90N/AN/A144,87465,1431,824,4881,446,594
2023-12-06$130.22$120.0022.5%6.6%19.4%14.2%23.1%1.5%0.4%162.2M-4.79B-49.0M0.413.67N/AN/A120,28548,9281,843,2721,463,446
2023-12-07$136.82$120.0022.5%6.6%26.3%14.3%23.6%0.2%0.1%400.1M-9.35B-51.3M0.621.87N/AN/A498,942310,3571,866,8021,471,746
2023-12-08$135.06$120.0021.6%6.3%26.4%10.1%22.4%0.6%0.5%-206.4M-7.67B-51.4M0.533.36N/AN/A302,417160,8041,937,6191,565,422
2023-12-11$132.94$120.0022.0%6.4%26.4%12.2%22.7%1.1%-0.0%169.2M-6.03B-50.0M0.382.68N/AN/A222,55884,5461,836,0511,491,097
2023-12-12$132.34$120.0021.1%6.1%26.4%8.3%21.6%0.9%0.2%240.9M-5.89B-49.4M0.273.95N/AN/A170,81745,9921,930,7381,512,770
2023-12-13$132.30$120.0021.3%6.1%25.8%9.0%21.5%0.9%-0.1%276.1M-5.97B-49.4M0.364.72N/AN/A170,24061,5101,969,2571,517,684
2023-12-14$131.53$120.0022.3%6.4%25.8%13.4%23.0%0.6%-0.2%204.1M-5.38B-49.4M0.375.01N/AN/A319,338119,3701,992,3631,536,503
2023-12-15$132.43$120.0021.7%6.2%25.2%10.7%21.9%0.8%-0.0%310.3M-6.16B-48.9M0.352.10N/AN/A231,27181,0372,047,1331,550,774
2023-12-18$136.09$120.0022.3%6.4%26.9%13.4%22.7%0.7%0.7%386.8M-8.00B-50.0M0.273.23N/AN/A351,21493,5621,775,9401,400,576
2023-12-19$136.86$120.0022.4%6.4%26.9%13.8%22.8%0.7%0.6%464.2M-8.49B-50.7M0.552.91N/AN/A180,99299,5461,821,7061,424,954
2023-12-20$138.63$120.0023.5%6.7%27.2%18.5%23.8%1.0%0.8%483.5M-9.70B-51.0M0.463.92N/AN/A441,325201,8801,837,5851,468,163
2023-12-21$140.26$120.0023.6%6.7%27.2%18.8%23.9%0.9%0.8%491.7M-10.66B-51.8M0.392.20N/AN/A212,60083,4121,886,4461,517,715
2023-12-22$141.36$120.0023.1%6.5%26.7%16.8%23.0%1.2%0.9%542.8M-11.57B-51.6M0.422.53N/AN/A279,221118,6171,915,4061,534,518
2023-12-26$141.49$120.0023.6%6.5%26.7%18.9%23.5%1.2%5.7%379.9M-10.07B-50.4M0.501.63N/AN/A142,47170,8261,785,2521,455,376
2023-12-27$140.13$120.0023.5%6.5%27.1%18.4%22.9%1.2%5.8%317.7M-9.22B-50.2M0.532.31N/AN/A125,20766,5611,814,4351,488,142
2023-12-28$140.31$120.0024.1%6.2%26.5%20.9%22.5%1.3%6.4%328.4M-9.32B-50.1M1.321.55N/AN/A112,225148,4741,835,0981,502,330
2023-12-29$139.81$120.0024.7%6.1%24.8%23.8%21.8%1.5%6.6%178.8M-8.82B-49.8M0.842.35N/AN/A113,89495,5911,856,3351,521,419