GOOGL Options History — April 2025

In April 2025, GOOGL traded between $143.55 and $161.77. ATM implied volatility averaged 43.1%, placing in the 67.1% IV rank vs the trailing year. The 30-day expected move averaged 12.2%. IV traded below realized volatility by 4.5% (HV 20d: 47.6%). Max pain ranged from $160.00 to $165.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.55.

Notable Days

2025-04-25: Highest Volume — 933,708 contracts
2025-04-09: Largest IV drop — 29.0% change
2025-04-01: Highest IV Rank — 100.0%
2025-04-08: Largest Expected Move — 16.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$154.40	$143.55	$161.77	$156.81	$158.07
Max Pain	$160.95	$160.00	$165.00	$165.00	$160.00
ATM IV	43.1%	30.9%	58.9%	39.1%	31.7%
Expected Move	12.2%	9.0%	16.0%	10.5%	9.6%
HV 20d	47.6%	36.1%	53.1%	38.0%	49.3%
HV 60d	40.0%	35.0%	42.4%	35.2%	41.8%
IV Rank	67.1%	27.5%	100.0%	100.0%	29.6%
IV Percentile	92.4%	63.9%	100.0%	100.0%	67.5%
Term Structure	-1.7%	-3.7%	-0.1%	-1.5%	-0.3%
VWIV	42.2%	31.6%	55.8%	35.4%	33.4%
Skew 25d	8.8%	4.6%	17.0%	4.6%	4.9%
Skew 10d	17.1%	9.3%	36.5%	10.2%	11.0%
Call IV 25d	38.8%	28.6%	50.0%	37.0%	30.0%
Put IV 25d	47.6%	33.6%	67.1%	41.5%	34.9%
Bid-Ask Spread %	4.27	1.68	11.95	3.63	1.80
Gamma HHI	0.05	0.04	0.08	0.05	0.05
Net GEX	26.5M	-104.3M	248.6M	-10.7M	72.2M
Net DEX	445.9M	-3.30B	3.74B	1.09B	-1.15B
Net VEX	-68.9M	-75.3M	-61.4M	-64.1M	-74.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.55	0.33	0.93	0.55	0.53
Total Volume	340,078.19	163,092	933,708	258,793	217,631
Total OI	3,062,097.429	2,799,736	3,338,973	2,799,736	3,221,960

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
2025-04-01	$156.81	$165.00	39.1%	10.5%	38.0%	100.0%	35.4%	4.6%	-1.5%	-10.7M	1.09B	-64.1M	0.55	3.63	N/A	N/A	167,248	91,545	1,630,254	1,169,482
2025-04-02	$157.01	$165.00	39.6%	10.5%	37.6%	100.0%	35.6%	4.7%	-1.2%	-1.6M	947.2M	-64.9M	0.51	2.17	N/A	N/A	108,231	54,861	1,659,048	1,189,674
2025-04-03	$151.31	$165.00	44.2%	11.9%	39.3%	100.0%	40.4%	7.0%	-1.0%	-81.5M	2.71B	-63.4M	0.72	3.55	N/A	N/A	232,561	167,240	1,684,672	1,197,857
2025-04-04	$148.69	$165.00	51.6%	13.8%	38.9%	100.0%	48.0%	13.7%	-2.8%	-104.3M	3.30B	-62.8M	0.80	8.09	N/A	N/A	260,401	209,522	1,736,083	1,208,137
2025-04-07	$146.22	$160.00	56.2%	15.1%	36.1%	100.0%	51.5%	13.6%	-3.7%	-48.4M	3.42B	-61.4M	0.48	5.60	N/A	N/A	289,674	139,829	1,677,734	1,185,350
2025-04-08	$143.55	$160.00	58.9%	16.0%	36.4%	100.0%	55.8%	17.0%	-2.6%	-35.8M	3.74B	-61.5M	0.48	6.90	N/A	N/A	261,981	125,083	1,799,522	1,199,162
2025-04-09	$157.82	$160.00	41.8%	11.3%	50.9%	55.8%	41.4%	10.3%	-2.2%	81.4M	-841.8M	-69.0M	0.48	7.16	N/A	N/A	239,742	115,610	1,809,950	1,232,209
2025-04-10	$152.19	$160.00	52.8%	14.3%	51.5%	84.2%	47.6%	15.5%	-3.4%	30.5M	1.35B	-69.1M	0.54	7.17	N/A	N/A	196,350	105,306	1,860,127	1,270,278
2025-04-11	$156.89	$160.00	46.3%	12.8%	52.6%	67.5%	45.4%	11.7%	-2.5%	86.6M	-880.0M	-71.2M	0.33	11.95	N/A	N/A	237,941	77,320	1,926,298	1,281,192
2025-04-14	$159.91	$160.00	41.7%	11.8%	53.1%	55.6%	42.9%	9.9%	-0.8%	70.6M	-1.23B	-73.0M	0.59	4.39	N/A	N/A	179,355	106,067	1,858,926	1,212,037
2025-04-15	$155.71	$160.00	42.1%	12.0%	52.8%	56.6%	41.3%	9.7%	-1.2%	-23.2M	612.0M	-70.2M	0.77	3.63	N/A	N/A	129,731	100,496	1,903,873	1,249,171
2025-04-16	$152.74	$160.00	43.5%	12.5%	51.5%	60.1%	43.9%	9.7%	-1.0%	-54.5M	1.55B	-70.0M	0.58	4.12	N/A	N/A	195,199	113,828	1,926,822	1,269,898
2025-04-17	$151.26	$160.00	43.4%	12.5%	51.4%	59.8%	43.1%	8.6%	-1.3%	-25.2M	1.81B	-68.8M	0.93	3.29	N/A	N/A	172,141	160,346	1,964,784	1,268,268
2025-04-21	$147.17	$160.00	47.2%	13.9%	52.0%	69.8%	49.0%	8.2%	-2.3%	-34.4M	2.13B	-65.5M	0.45	2.27	N/A	N/A	155,390	70,476	1,728,404	1,174,074
2025-04-22	$150.99	$160.00	45.2%	13.6%	51.9%	64.6%	45.9%	8.3%	-2.2%	2.6M	840.8M	-69.5M	0.44	2.64	N/A	N/A	117,734	51,237	1,802,714	1,194,862
2025-04-23	$155.02	$160.00	43.8%	13.2%	52.6%	60.8%	45.1%	7.3%	-2.4%	46.6M	-585.1M	-72.1M	0.44	3.01	N/A	N/A	180,636	79,016	1,827,172	1,210,078
2025-04-24	$159.03	$160.00	42.0%	12.7%	52.8%	56.4%	44.8%	5.4%	-2.1%	104.0M	-2.29B	-75.3M	0.49	3.15	N/A	N/A	417,140	205,407	1,868,674	1,234,640
2025-04-25	$161.77	$160.00	32.1%	9.1%	53.0%	30.6%	32.7%	5.0%	-0.7%	248.6M	-3.30B	-74.9M	0.41	1.84	N/A	N/A	664,370	269,338	1,998,932	1,340,041
2025-04-28	$160.29	$160.00	31.7%	9.2%	49.2%	29.6%	31.8%	5.2%	-0.1%	114.2M	-2.00B	-73.3M	0.48	1.68	N/A	N/A	195,341	93,016	1,916,118	1,228,532
2025-04-29	$159.88	$160.00	30.9%	9.0%	49.2%	27.5%	31.6%	5.0%	-0.1%	118.0M	-1.86B	-73.5M	0.58	1.74	N/A	N/A	118,829	68,473	1,949,947	1,237,090
2025-04-30	$158.07	$160.00	31.7%	9.6%	49.3%	29.6%	33.4%	4.9%	-0.3%	72.2M	-1.15B	-74.0M	0.53	1.80	N/A	N/A	142,327	75,304	1,965,853	1,256,107