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GOOGL

Alphabet Inc.Close $387.66EOD only
Max Pain
$397.50
Next expiry May 20, 2026
Expected Move
±$6.72
1.7% from close
Price Gap
+9.84
Distance to max pain
IV Rank
31
Middle-high premium
P/C OI
0.91
Balanced positioning
Consensus
9.0/10
Bullish tilt
Published snapshot: May 19, 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 19, 2026 close
GOOGL Earnings Report
Analysis based on market close May 15, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from May 15, 2026. A newer earnings report is available for May 19, 2026.

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Earnings Verdict

GOOGL 100% beat rate, bullish flow, gamma pinning. Earnings 69d out but near-term options active.

Confidence:
7.5 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 18.4% from MP; +0.5 VIX 18
Most important: Aggressive call buying into near-dated expirations; low put demand.
📈Call volume ratio 0.44:1 – heavy call demand.
🔎100% beat rate – strong historical performance.

Regime Classification

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

Earnings Overview

Next earnings: 2026-07-23 (69 days)explicit

Expected moves:

  • 2026-05-18 (3d): ±$6.72 (1.7%)
  • 2026-05-20 (5d): ±$13.83 (3.5%)
  • 2026-05-22 (7d): ±$15.88 (4.0%)

IV Setup

Term structure: Upward sloping: 3d IV 20-24%, 7d IV 35-40%. Earnings far, no direct earnings IV.

Crush estimate: N/A - earnings 69 days away.

Skew: Call skew elevated on OTM strikes; put skew flat.

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: No data; 100% beat rate over 5 quarters.

Directional bias: Bullish from beat rate and flow.

Key Levels

1EM guardrails: 2d $390.05/$403.50; 1w $382.95/$410.60
2Max pain pins: $335 (2026-05-15); $395 (2026-05-18); $390 (2026-05-20)

Flow Highlights

Massive 0DTE $397.5C volume (30k vs 2.8k OI)

Aggressive bullish momentum play near expiry.

High IV $445C buy on 5/22 (IV 40%)

Speculative upside bet with high premium.

Strategies

Bull Call Spread
Buy 2026-07-17 $400.00/$410.00 call spread
Debit: $4.10-$5.01
Max loss: $5.01
Max gain: $4.99
BE: $405.01
Trigger: Monitor $387 support; exit if broken. Hold through earnings if bullish thesis intact.
Only candidate; 100% beat rate and bullish flow support upside.
Outperforms: Buy July 2026 $400/$410 call spread to cap cost and define risk.
Underperforms: Loss of support weakens upside continuation thesis.

Risk Assessment

!Broad market weakness (SPY -1.2%) could pressure $387 support.
!Earnings far (69d) may cause repositioning; current flow could reverse.

What to Watch

?Spot reaction to 5/15 expiry; $400 resistance test.
?Continued call accumulation in weekly expirations.
?VIX movement for volatility shifts.
How to Use These Reports
This earnings reflects the market close on May 15, 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.