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GOOGL

Alphabet Inc.Close $402.62EOD only
Max Pain
$332.50
Next expiry May 15, 2026
Expected Move
±$8.22
2.0% from close
Price Gap
-70.12
Distance to max pain
IV Rank
100
High premium
P/C OI
0.91
Balanced positioning
Consensus
8.5/10
Bullish tilt
Published snapshot: May 13, 2026 close
End-of-day snapshot

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

Published Snapshot
May 13, 2026 close
GOOGL Earnings Report
Analysis based on market close May 14, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

GOOGL 70 days from earnings; 100% beat history but event far. Bullish flow with OI walls at $450 call and $215 put.

Confidence:
8 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 20.6% from MP; +1 VIX 17
Most important: Earnings not near; focus on near-term IV decay and high volume at $397.50 and $390.
🚀High call volume suggests bullish sentiment.
⚡Large put at $390 could signal hedging.
⌛Earnings 70 days away limits event-driven vol.

Regime Classification

Vol Regime
Normal
Gamma Regime
Pinning
Flow Regime
Bullish
Spot vs MP
Above

Earnings Overview

Next earnings: 2026-07-23 (70 days)explicit

Expected moves:

  • 2026-05-15 (1d): ±$5.61 (1.4%)
  • 2026-05-18 (4d): ±$8.43 (2.1%)
  • 2026-05-20 (6d): ±$14.32 (3.6%)

IV Setup

Term structure: Short-term IV 25-35%, higher than long-dated; no earnings curve yet.

Crush estimate: Minimal post-earnings crush; near-term decays expected.

Skew: Put skew elevated at $390 (16x vol/oi) but call activity dominant.

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: Not applicable for 70-day-out setup.

Directional bias: Bullish from 100% beat rate and call flow.

Key Levels

1EM guardrails: 2d $395.46/$406.68; 1w $386.75/$415.40
2Max pain pins: $332 (2026-05-15); $395 (2026-05-18); $390 (2026-05-20)

Flow Highlights

Large put volume at $390 (5/18) 16x vol/oi

Hedging or bearish bet near support.

Large call volume at $500 (9/18) 13.5x vol/oi

Long-dated bullish breakout bet.

Active call buying at $407.5 (5/18 & 5/22)

Short-term bullish positioning near resistance.

Strategies

Short Strangle
Sell 2026-05-22 $380.00 put + sell $420.00 call
Credit: $3.85-$4.71
Max loss: Unlimited
Max gain: $4.71
BE: 375.29 / 424.71
Trigger: Close at 50% max gain or near strikes.
Captures high near-term IV with no earnings risk.
Outperforms: Sell $380 put and $420 call, profit from decay.
Underperforms: Break outside short strikes invalidates short-vol thesis.
Call Diagonal
Sell 2026-05-22 $420.00 call / buy 2026-06-26 $425.00 call
Debit: $5.92-$7.23
Max loss: $7.23
Max gain: Variable
BE: Path-dependent
Trigger: Roll short leg if tested; exit at invalidation.
Exploits short-term IV premium over long-term.
Outperforms: Sell short call, buy longer call from term structure.
Underperforms: Loss of support or adverse vol term shift weakens thesis.

Risk Assessment

!Spot above EM guardrails (395-415) risks pullback to $380 support.
!Max pain $332 distant; pinning uncertain.

What to Watch

?Monitor $390 put OI for hedge activity.
?Watch $450 call wall for resistance.
How to Use These Reports
This earnings reflects the market close on May 14, 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.