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GOOGL

Alphabet Inc.Close $364.26EOD only
Max Pain
$362.50
Next expiry Jun 10, 2026
Expected Move
±$5.36
1.5% from close
Price Gap
-1.76
Distance to max pain
IV Rank
40
Middle-high premium
P/C OI
0.85
Slightly call-heavy
Consensus
9.0/10
Bullish tilt
Published snapshot: Jun 9, 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
Jun 9, 2026 close
GOOGL Earnings Report
Analysis based on market close June 10, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

GOOGL earnings 43 days out. 100% beat rate but macro headwinds and high VIX offset. Flow shows bullish 0DTE call buying.

Confidence:
4 / 10
base 5; -1 GEX/flow contradict
Most important: 100% beat rate vs bearish macro tension.
✅100% beat rate over 5 quarters; consistent execution.
⚠️VIX at 22 and QQQ -2% create headwind for upside.

Regime Classification

Vol Regime
Normal
Gamma Regime
Trending
Flow Regime
Bullish
Spot vs MP
Below

Earnings Overview

Next earnings: 2026-07-23 (43 days)explicit

Expected moves:

  • 2026-06-12 (2d): ±$8.70 (2.4%)
  • 2026-06-15 (5d): ±$11.07 (3.1%)
  • 2026-06-17 (7d): ±$13.82 (3.9%)

IV Setup

Term structure: Relatively flat with slight elevation near event date (~±3.9% 1w).

Crush estimate: Moderate crush post-event.

Skew: Slightly put-skewed amid tech weakness, but call volume elevated.

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: Avg move in line with implied moves historically.

Directional bias: Bullish from 100% beat rate, but macro overhang.

Key Levels

1EM guardrails: 2d $347.68/$365.08; 1w $345.31/$367.46
2Max pain pins: $365 (2026-06-10); $370 (2026-06-12); $368 (2026-06-15)

Flow Highlights

Heavy 0DTE call volume at $357.5-$370 strikes today.

Bullish near-term sentiment or hedging.

Strategies

Bull Call Spread
Buy 2026-08-21 $365.00/$400.00 call spread
Debit: $10.19-$12.46
Max loss: $12.46
Max gain: $22.54
BE: $377.46
Trigger: Close if below $340 or near max profit before earnings.
100% beat rate supports bullish bias; defined risk mitigates macro uncertainty.
Outperforms: Buy $365/$400 call spread to profit from upside with limited risk.
Underperforms: Loss of support weakens upside continuation thesis.
Long Strangle
Buy 2026-08-21 $335.00 put + buy $400.00 call
Debit: $19.98-$24.42
Max loss: $24.42
Max gain: Unlimited
BE: 310.58 / 424.42
Trigger: Close after move materializes or before earnings if vega crushes.
Earnings catalyst and high VIX favor outsized move; cheaper than straddle.
Outperforms: Buy $335 put and $400 call to capture large swing.
Underperforms: Insufficient realized move reduces long-strangle edge.

Risk Assessment

!High vega with 43 days to event.
!Gamma risk at short-dated options; max pain near $365.
!Macro headwinds: tech selloff, elevated VIX.

What to Watch

?Price action around $365 max pain today.
?GEX shifts ahead of earnings.
?Broader tech market recovery/deterioration.
How to Use These Reports
This earnings reflects the market close on June 10, 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.