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GOOG

Alphabet Inc.Close $326.57EOD only
Max Pain
$325.00
Next expiry Jul 31, 2026
Expected Move
±$10.55
3.2% from close
Price Gap
-1.57
Distance to max pain
IV Rank
4
Low premium
P/C OI
0.82
Slightly call-heavy
Consensus
8.0/10
Bullish tilt
Published snapshot: Jul 27, 2026 close
End-of-day snapshot

This page reflects GOOG options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jul 27, 2026 close
GOOG Flow Report
Analysis based on market close June 12, 2026
DirectionalTheta GangFlowEarningsConsensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

You are viewing an older report from June 12, 2026. A newer flow report is available for June 18, 2026.

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Flow Verdict

BiasBullish
Confirmation: Spot holds above 352.5 support; continued OTM call buying
Invalidation: Break below 350 or spike in put volume
Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 spot 0.2% from MP; +1 VIX 18

Watch next session: Monitor call OI changes; Check spot relative to gamma flip

Flow Summary

Net premium: +$50.3M bullish

P/C volume ratio: 0.51

P/C OI ratio: 0.84

Aggressive OTM call buying, high net premium, and strong positive gamma suggest bullish sentiment. Put volume ratio low, flow regime bullish. Key support at 352.5.

Notable Prints

#1
GOOG 2026-06-12 $357.50 Put
Vol: 8,551
OI: 565
Vol/OI: 15.1x
IV: 4.2%
Notional: ~$103K
Intent: hedge

Read-through: bearish

#2
GOOG 2026-06-12 $360.00 Call
Vol: 18,230
OI: 2,082
Vol/OI: 8.8x
IV: 5.1%
Notional: ~$18K
Intent: spec

Read-through: bullish

#3
GOOG 2026-06-12 $362.50 Call
Vol: 15,049
OI: 1,943
Vol/OI: 7.8x
IV: 10.5%
Notional: ~$15K
Intent: spec

Read-through: bullish

#4
GOOG 2026-07-17 $410.00 Call
Vol: 16,988
OI: 2,781
Vol/OI: 6.1x
IV: 33.1%
Notional: ~$2.9M
Intent: spec

Read-through: bullish

#5
GOOG 2026-06-12 $355.00 Put
Vol: 8,115
OI: 1,408
Vol/OI: 5.8x
IV: 8.2%
Notional: ~$8K
Intent: hedge

Read-through: bearish

Institutional Positioning

Call additions: Heavy OTM call buying at 360-365 strikes for June 12 expiry, plus July 410 call.

Put additions: Unusual put buying at 357.5, 355, 352.5, possibly hedging.

GEX/DEX consistency: GEX +$47.7M positive, DEX +59.8M shares, consistent with bullish flow.

OI clusters: Largest OI: 365 call (2.8k), 360 call (2.1k), 357.5 put added heavily.

Hedging evidence: Put buying at lower strikes suggests downside protection; collar-like activity.

Max pain context: Spot near max pain (approx 357.5-360), pinning expected.

Signal vs Noise

~Signal: heavy OTM call accumulation and positive GEX/DEX indicate institutional bullish positioning.
~Noise: put volume spikes likely hedging, not directional bearishness.

Key Conclusions

🟢Large call buying at OTM strikes suggests bullish expectations.
⚠️Put hedging at downside levels indicates risk management.
How to Use These Reports
This flow reflects the market close on June 12, 2026.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.