GOOGL
Alphabet Inc.Close $368.03EOD onlyThis page reflects GOOGL options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Historical consensus-supported lens with full content, report chain context, and metric rail.
Flow Verdict
Watch next session: Monitor $362.5 call activity; Watch for gamma flip at $320
Flow Summary
Net premium: +$125.5M bullish
P/C volume ratio: 0.50
P/C OI ratio: 0.82
Notable Prints
Read-through: Expect upside to $362.50 by June expiry
Read-through: Anticipate higher stock price by Oct
Read-through: Hedging downside risk
Read-through: Low IV suggests premium collection
Read-through: Extreme downside fear reflected in high IV
Institutional Positioning
Call additions: Unusual call buying at 362.5 (20.2x vol/OI) and 420 (10.9x), plus 365/372.5 calls, signaling bullish intent.
Put additions: Puts at 360, 367.5, 392.5; 392.5 put has high IV (110.7) suggesting bearish hedge; others may be protective.
GEX/DEX consistency: GEX +169.2M, DEX +87.1M shares, both positive, consistent with bullish flow and pinning.
OI clusters: Top OI: 357.5 put (1,044), 367.5 put (932), 362.5 call (640) – key levels near 357-367.
Hedging evidence: High IV put at 392.5 (vol/OI 7.6) for downside protection; 360/367.5 puts may be collars.
Max pain context: Spot ~12.4% above MP; gamma pinning regime suggests drift toward lower strikes; gamma flip at 320 provides support.
Signal vs Noise
Key Conclusions
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.
Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.
These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.