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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

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 Flow Report

Analysis based on market close May 15, 2026

Directional Theta Gang Flow Earnings Consensus

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 flow report is available for May 19, 2026.

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Flow Verdict

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

Watch next session: Call activity; Gamma flip signals

Flow Summary

Net premium: +$173.4M bullish

P/C volume ratio: 0.44

P/C OI ratio: 0.92

Bullish flow dominates despite weak tech; heavy call prints and net premium suggest upside bias.

Notable Prints

GOOGL 2026-05-15 $397.50 Call

Vol: 30,020

OI: 2,759

Vol/OI: 10.9x

IV: 11.0%

Notional: ~$1.4M

Intent: Speculative OTM call buying, likely bullish

Read-through: Sentiment bullish, short-term

GOOGL 2026-05-15 $392.50 Put

Vol: 13,039

OI: 1,302

Vol/OI: 10.0x

IV: 13.7%

Notional: ~$13K

Intent: Lottery-style put, possibly protective or hedge

Read-through: Minimal directional impact

GOOGL 2026-05-22 $445.00 Call

Vol: 3,117

OI: 322

Vol/OI: 9.7x

IV: 40.0%

Notional: ~$59K

Intent: Speculative long-dated OTM call, low probability

Read-through: Bullish, but low conviction

GOOGL 2026-05-18 $397.50 Call

Vol: 4,976

OI: 552

Vol/OI: 9.0x

IV: 20.2%

Notional: ~$1.4M

Intent: Bullish bet on near-term upward move

Read-through: Sentiment positive

GOOGL 2026-05-18 $400.00 Call

Vol: 13,211

OI: 1,525

Vol/OI: 8.7x

IV: 20.9%

Notional: ~$2.6M

Intent: Bullish, targeting $400

Read-through: Sentiment positive

Institutional Positioning

Call additions: Aggressive call buying at 397.5 (30k vol) and 400 (13k) with OI surges, plus 445 weekly calls

Put additions: Moderate put activity at 392.5 (13k) and 387.5 (1.8k), likely protective

GEX/DEX consistency: GEX +$169.6M, DEX +96.3M shares - consistent with bullish pinning

OI clusters: Largest OI at 397.5C (2.8k) and 400C (1.5k) near spot; 392.5P (1.3k)

Hedging evidence: Puts at 375 and 387.5 but low OI; no heavy collar evidence

Max pain context: Spot above MP; gamma pinning regime suggests price pinned near 395-400

Signal vs Noise

~Heavy call volume at 397.5 (30k) and 400 (13k) is real institutional flow.

~High IV far OTM calls (445, 402.5) likely retail noise.

~Put volume at 392.5 is hedging, not bearish signal.

Key Conclusions

📈Institutions are aggressively adding calls at 397.5 and 400, indicating bullish positioning into expiry.

⚠️Pinning regime with GEX positive suggests spot held near 395-400; watch for gamma squeeze if spot stays above 400.

🔒Put activity is modest and likely hedging; no bearish signal from put flow.

How to Use These Reports

This flow 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.