thetaOwl

GOOGL

Alphabet Inc.Close $339.32EOD only
Max Pain
$325.00
Next expiry Apr 24, 2026
Expected Move
±$6.70
2.0% from close
Price Gap
-14.32
Distance to max pain
IV Rank
33
Middle-high premium
P/C OI
0.90
Balanced positioning
Consensus
6.5/10
Bullish tilt
Published snapshot: Apr 22, 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 22, 2026 close
GOOGL AI Consensus Report
Analysis based on market close April 23, 2026

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

Conviction
6.5

out of 10

6.5 because positioning and dealer gamma align with a bullish pin but conviction is capped by a near-term binary (earnings/IV re-pricing) and the documented single large sell program that would flip gamma; absent those, conviction would be higher.

Where Perspectives Agree

Collectively bullish pinning in the mid-$330s with dealer gamma and net bullish flow supporting continued drift toward the mid-$340s absent a volatility shock or major sell program.

Where They Diverge

Earnings-term/IV front-end (earnings persona) creates a binary that can invert the directional pin if realized move occurs, and flow signals flag that a concentrated institutional sell could flip dealer gamma—these two risks directly undermine the same bullish continuation thesis.

Top Trade
via theta

Sell May 15 327.5/322.5 put credit spread (theta) — defined-risk credit trade expiring May 15.

Key Risk

A decisive break and close below $322.50 — triggered by a large institutional sell or post-earnings gap — flips dealer gamma short and would accelerate downside toward the low $300s, invalidating the pin thesis.

How to Use These Reports
This ai consensus reflects the market close on April 23, 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.