thetaOwl

GOOG

Alphabet Inc.Close $371.10EOD only
Max Pain
$335.00
Next expiry Jun 18, 2026
Expected Move
±$7.47
2.0% from close
Price Gap
-36.10
Distance to max pain
IV Rank
67
High premium
P/C OI
0.84
Slightly call-heavy
Consensus
7.5/10
Bullish tilt
Published snapshot: Jun 16, 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
Jun 16, 2026 close
GOOG Flow Report
Analysis based on market close June 17, 2026

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

Flow Verdict

BiasBullish
Confirmation: Spot holds above $362.5 support; continued strong GEX.
Invalidation: Break below $357.5 with elevated put volume.
Confidence:
7.5 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 8.1% from MP; +0.5 VIX 18

Watch next session: $362.5; $357.5; $330

Flow Summary

Net premium: +$21.7M bullish

P/C volume ratio: 0.81

P/C OI ratio: 0.82

Spot above $362.5 support with strong GEX supports bullish bias. Invalidation below $357.5. Key levels: $362.5 support, $357.5 invalidation, $330 watch.

Notable Prints

#1
GOOG 2026-06-18 $362.50 Put
Vol: 3,179
OI: 395
Vol/OI: 8.1x
IV: 27.1%
Notional: ~$951K
Intent: Bearish
Dual read: Hedge

Read-through: Downside

#2
GOOG 2026-06-26 $362.50 Call
Vol: 913
OI: 194
Vol/OI: 4.7x
IV: 31.1%
Notional: ~$639K
Intent: Bullish
Dual read: Speculation

Read-through: Upside

#3
GOOG 2026-06-18 $357.50 Put
Vol: 3,452
OI: 938
Vol/OI: 3.7x
IV: 27.6%
Notional: ~$390K
Intent: Bearish
Dual read: Hedge

Read-through: Downside

#4
GOOG 2026-07-02 $335.00 Put
Vol: 761
OI: 256
Vol/OI: 3.0x
IV: 33.4%
Notional: ~$102K
Intent: Bearish
Dual read: Hedge

Read-through: Downside

#5
GOOG 2026-06-18 $367.50 Call
Vol: 3,566
OI: 1,239
Vol/OI: 2.9x
IV: 28.1%
Notional: ~$364K
Intent: Bullish
Dual read: Speculation

Read-through: Upside

Institutional Positioning

Call additions: Calls at 362.5-372.5 (6/18,6/26) and 405 (7/2) with high vol/oi (405C may be speculative)

Put additions: Puts added at 335-362.5 across expirations

GEX/DEX consistency: GEX +$39.1M, DEX +62.5M shares; consistent with bullish flow and pinning regime

OI clusters: Largest OI: 372.5C (2,186), 367.5C (1,239), 357.5P (938), 362.5P (395)

Hedging evidence: Put buys at 335-357.5 hedge downside; gamma flip at 330 supports

Max pain context: Spot 8.1% above MP; pinning expected near current levels

Signal vs Noise

~Signal: High vol/oi call and put flow at 362.5-372.5 and 335-357.5; noise: Smaller positions at 405C and 342.5P may be speculative

Key Conclusions

📈Bullish flow with positive gamma and delta; spot above MP suggests pinning
🛡️Hedging evident via put additions at lower strikes; gamma flip at $330 provides downside cushion
How to Use These Reports
This flow reflects the market close on June 17, 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.