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GOOGL

Alphabet Inc.Close $359.68EOD only
Max Pain
$355.00
Next expiry Jun 15, 2026
Expected Move
±$6.67
1.9% from close
Price Gap
-4.68
Distance to max pain
IV Rank
44
Middle-high premium
P/C OI
0.82
Slightly call-heavy
Consensus
9.0/10
Bullish tilt
Published snapshot: Jun 12, 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 12, 2026 close
GOOGL Earnings Report
Analysis based on market close June 12, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

GOOGL exhibits strong bullish setup with high confidence. Earnings 41 days out, but near-term flow heavily bullish. Gamma pinning at $358 suggests potential price support. Consistent historical beats add conviction.

Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 spot 0.6% from MP; +1 VIX 18; override: Strong aligned flow and GEX; high beat rate; all signals bullish.
Most important: Super-loud call buying at $372.5 and $367.5 for June 18/15 expiries indicates aggressive upside speculation; watch for pin action at $358.
🐂Heavy call buying at $372.5 (14.9x OI) signals bullish short-term conviction.
⚠️Max pain pin at $358 may cause price gravitation into expiry.

Regime Classification

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

Earnings Overview

Next earnings: 2026-07-23 (41 days)explicit

Expected moves:

  • 2026-06-15 (3d): ±$6.68 (1.9%)
  • 2026-06-17 (5d): ±$10.60 (2.9%)
  • 2026-06-18 (6d): ±$11.88 (3.3%)

IV Setup

Term structure: Front month IV low (12-24%), back months elevated (25-30%+) due to earnings.

Crush estimate: Post-earnings IV crush ~30-50% for July 23; near-term expiries no earnings risk.

Skew: Put skew slightly elevated for weekly expiries; overall flat.

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: Not available; beat rate 100% suggests consistent upside surprises.

Directional bias: Bullish bias from 5/5 consecutive beats.

Key Levels

1EM guardrails: 2d $353.00/$366.35; 1w $349.08/$370.28
2Max pain pins: $358 (2026-06-12); $355 (2026-06-15); $355 (2026-06-17)

Flow Highlights

Unusual call volume at $372.5 for June 18: 5k vol vs 340 OI (14.9x ratio).

Large bullish bet on short-term upside; indicates confidence.

Put volume at $357.5 for June 12: 13.4k vol vs 1.2k OI (10.9x), last $0.01.

Likely closing or hedging; low premium suggests no bearish conviction.

Strategies

Bull Call Spread
Buy 2026-08-21 $360.00/$385.00 call spread
Debit: $9.11-$11.14
Max loss: $11.14
Max gain: $13.86
BE: $371.14
Trigger: Exit near earnings or if breaches $357.5.
Aggressive call buying and 100% beat rate favor upside.
Outperforms: Captures upside beyond $360 with defined risk.
Underperforms: Loss of support weakens upside continuation thesis.
Long Straddle
Buy 2026-07-24 $365.00 put + buy $365.00 call
Debit: $29.39-$35.92
Max loss: $35.92
Max gain: Unlimited
BE: 329.08 / 400.92
Trigger: Hold through earnings; unwind post-IV crush. Liquidity warning: Liquidity constraints: long_put: Volume below 5.
Earnings IV elevated but liquidity fails, lower priority.
Outperforms: Profits from large post-earnings move.
Underperforms: Under-realized move and IV crush hurt long-vol thesis.

Risk Assessment

!Gamma pinning at $358/$355 may trap price near expiry.
!VIX at 17.68 could spike on macro news.
!Call OI wall at $400+ caps significant upside.

What to Watch

?Max pain pin at $358 for June 12 expiry.
?EM guardrails $353/$366.35 for 2-day window.
?Unusual call activity at $372.5 for June 18.
?Earnings date July 23; IV ramp expected.
How to Use These Reports
This earnings 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.