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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 15, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

GOOGL setup bullish: strong flow, pinning gamma, positive macro, 100% beat rate. Confidence 8.5/10.

Confidence:
8.5 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -0.5 spot 4.0% from MP; +1 VIX 16
Most important: High call volume and GEX support near-term upside.
🔺Call volume ratio 2.3:1 bullish.
⚠️Unusual put vols at $370 suggest hedging.
💰Net premium +$126M, flow heavily bullish.

Regime Classification

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

Earnings Overview

Next earnings: 2026-07-23 (38 days)explicit

Expected moves:

  • 2026-06-17 (2d): ±$7.47 (2.0%)
  • 2026-06-18 (3d): ±$9.53 (2.6%)
  • 2026-06-22 (7d): ±$11.40 (3.1%)

IV Setup

Term structure: Short-term elevated (2d ±2.0%, 3d ±2.6%, 7d ±3.1%); longer-dated influenced by earnings.

Crush estimate: Near-term minimal (earnings 38d away).

Skew: Put skew moderate; heavy call activity at 370-380.

Historical Context

Beat rate: 100% (5/5 quarters)

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

Directional bias: Bullish given beat streak.

Key Levels

1EM guardrails: 2d $361.88/$376.83; 1w $357.95/$380.75
2Max pain pins: $355 (2026-06-15); $355 (2026-06-17); $330 (2026-06-18)

Flow Highlights

GOOGL 2026-06-15 $370 Put: vol/oi 103.8, unusual put buying.

Potential hedging or bearish bet on near-term dip.

Heavy call activity: $372.50C (40k vol) and $375C (27k vol) with low OI.

Aggressive bullish positioning in near-dated options.

Strategies

Iron Condor
Sell 2026-06-26 $355.00/$352.50 put wing and $387.50/$390.00 call wing
Credit: $0.74-$0.90
Max loss: $1.60
Max gain: $0.90
BE: 354.10 / 388.40
Trigger: Close near $370; adjust if IV spikes.
Elevated IV and resistance near $370; defined-risk range play.
Outperforms: Sells 355/352.5 put and 387.5/390 call, credit up to $0.90.
Underperforms: Move outside short strikes invalidates range thesis.
Short Strangle
Sell 2026-06-26 $355.00 put + sell $387.50 call
Credit: $4.52-$5.53
Max loss: Unlimited
Max gain: $5.53
BE: 349.47 / 393.03
Trigger: Roll untested side if trend develops.
Higher premium capture from elevated IV with beat rate support.
Outperforms: Sells $355 put and $387.5 call, credit up to $5.53.
Underperforms: Break outside short strikes invalidates short-vol thesis.

Risk Assessment

!Spot near $370 resistance zone.
!Earnings 38 days away may introduce volatility.
!Macro dependence (QQQ +3% already priced).

What to Watch

?$370 strike activity (puts and calls).
?$355 support (max pain).
?$380 resistance for continuation.
How to Use These Reports
This earnings reflects the market close on June 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.