thetaOwl

GOOGL

Alphabet Inc.Close $321.31EOD only
Max Pain
$302.50
Next expiry Apr 15, 2026
Expected Move
±$5.25
1.6% from close
Price Gap
-18.81
Distance to max pain
IV Rank
94
High premium
P/C OI
0.86
Slightly call-heavy
Consensus
6.5/10
Consensus signal
Published snapshot: Apr 13, 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
Apr 13, 2026 close
GOOGL AI Consensus Report
Analysis based on market close April 13, 2026

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

Conviction
6.5

out of 10

6.5 because strong positive GEX and concentrated call positions provide a real magnet, but conviction is capped by two asymmetric hazards — a clear gamma-flip level within a few dollars and the multi-expiry max-pain drift; both can rapidly invalidate the pin even without fresh news, so confidence is above neutral but not high.

Where Perspectives Agree

Dealer short-gamma plus concentrated call-side flow is pinning GOOGL into the $322.50–$325 area—collective positioning and hedging create a durable upside magnet that amplifies moves toward that band.

Where They Diverge

Directional pinning and flow-driven accumulation conflict with multi-expiry max-pain erosion and the documented risk of a gamma flip: one strand argues for sustained pinning higher while the other implies a structural downward pull that would accelerate if dealers stop buying dips. Additionally, the term-structure skew and near-term IV sensitivity mean short-premium strategies are vulnerable to a sudden vol reprice that would undermine the theta/playbook assumptions.

Top Trade
via theta

Sell 2026-04-20 $315/$305 put spread for credit (expect small net credit), targeting short-dated premium capture into the April pin.

Key Risk

A decisive break and settlement below $316.06 (the 2‑day EM lower bound) flips dealer gamma from net buyers to sellers — dealers cease buying into dips, delta hedges unwind, and downside momentum accelerates toward the $305–$300 max-pain band, invalidating the pin thesis.

Read the AI Analyst Consensus for GOOGL for 2026-04-13. This synthesis report combines directional, theta, flow, and earnings perspectives into one conviction view with setup, trigger, and invalidation context.