thetaOwl

GOOGL

Alphabet Inc.Close $337.42EOD only
Max Pain
$332.50
Next expiry Apr 22, 2026
Expected Move
±$6.25
1.9% from close
Price Gap
-4.92
Distance to max pain
IV Rank
26
Middle-high premium
P/C OI
0.89
Slightly call-heavy
Consensus
7.0/10
Consensus signal
Published snapshot: Apr 20, 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 20, 2026 close
GOOGL AI Consensus Report
Analysis based on market close April 21, 2026

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

Conviction
6.5

out of 10

6.5 because firm gamma/pinning and visible accumulation support the consolidation thesis, but an upcoming earnings-driven binary and broader market risk could readily invalidate it, preventing a higher score.

Where Perspectives Agree

All personas converge that dealer gamma is pinning price near the mid-$330s and the highest-probability path is consolidation with limited upside skid toward $340–350 rather than a large directional move.

Where They Diverge

Flow indicates institutional accumulation that favors a bullish continuation, while the earnings term structure and event-positioning imply a post-earnings fade risk that would reverse any sustained follow-through — these two views are directly contradictory for medium-term direction.

Top Trade
via theta

Sell May 08 $320/$310 put spread for a net credit (theta premium sell to monetize the pin).

Key Risk

Close below $320 flips dealer gamma from pinning to directional sell-side (removes support), triggering fast acceleration toward the $310 support/gap fill.

How to Use These Reports
This ai consensus reflects the market close on April 21, 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.