thetaOwl

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 Flow Report
Analysis based on market close June 11, 2026

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

You are viewing an older report from June 11, 2026. A newer flow report is available for June 12, 2026.

View latest report

Flow Verdict

BiasBullish
Confirmation: Continued upside price action; increased call volume at $350-$360 strikes.
Invalidation: Break below $340 or surge in put open interest.
Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +0.5 spot 2.0% from MP; +0.5 VIX 19

Watch next session: $350 strike activity; $360 strike open interest growth

Flow Summary

Net premium: +$196.9M bullish

P/C volume ratio: 0.52

P/C OI ratio: 0.87

Aggressive call buying dominates, especially weekly $350-$360 calls with extreme volume/OI ratios. Net premium +$197M, GEX positive, pinning regime. Bullish flow confirmed by low put/call ratios and high confidence base.

Notable Prints

#1
GOOGL 2026-06-12 $350.00 Call
Vol: 12,938
OI: 192
Vol/OI: 67.4x
IV: 44.1%
Notional: ~$12.3M
Intent: Bullish call buying

Read-through: Bullish on GOOGL

#2
GOOGL 2026-06-12 $355.00 Call
Vol: 17,509
OI: 629
Vol/OI: 27.8x
IV: 39.6%
Notional: ~$8.7M
Intent: Bullish call buying

Read-through: Bullish on GOOGL

#3
GOOGL 2026-06-12 $357.50 Call
Vol: 11,670
OI: 442
Vol/OI: 26.4x
IV: 32.8%
Notional: ~$4.1M
Intent: Bullish call buying

Read-through: Bullish on GOOGL

#4
GOOGL 2026-06-15 $355.00 Call
Vol: 4,117
OI: 173
Vol/OI: 23.8x
IV: 33.1%
Notional: ~$2.8M
Intent: Bullish call buying

Read-through: Bullish on GOOGL

#5
GOOGL 2026-06-15 $360.00 Call
Vol: 3,247
OI: 187
Vol/OI: 17.4x
IV: 29.7%
Notional: ~$1.2M
Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

Institutional Positioning

Call additions: Large OI at 350-360 strikes for June 12/15 expiries; notable 375C OI for June 17.

Put additions: Minimal; only 342.5P June 12 OI is insignificant vs calls.

GEX/DEX consistency: Consistent: +$18.6M GEX pinning, +81.2M DEX bullish delta.

OI clusters: Largest OI at $360C (1420) and $350C (192), clustering near current price.

Hedging evidence: No collar or large put hedges detected; flow is outright bullish.

Max pain context: Spot below MP; pinning expected toward higher strikes due to heavy call OI.

Signal vs Noise

~High OI at 350-360 calls signals potential institutional accumulation based on OI clusters.
~Put activity at 342.5P is noise relative to overwhelming call flow.
~GEX positive $18.6M confirms pinning regime; noise from low OTM put activity.

Key Conclusions

📈Large call OI at 350-360 strikes for June 12/15; notable 375C OI for June 17.
🔶GEX +$18.6M and DEX +81.2M shares reinforce bull trend; pinning likely.
⚠️Aggressive front-end call skew may lead to gamma squeeze if spot holds above $350.
How to Use These Reports
This flow reflects the market close on June 11, 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.

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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.