thetaOwl

GOOGL

Alphabet Inc.Close $372.19EOD only
Max Pain
$367.50
Next expiry Jun 5, 2026
Expected Move
±$5.35
1.4% from close
Price Gap
-4.69
Distance to max pain
IV Rank
36
Middle-high premium
P/C OI
0.85
Slightly call-heavy
Consensus
8.5/10
Bullish tilt
Published snapshot: Jun 4, 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 4, 2026 close
GOOGL AI Consensus Report
Analysis based on market close June 5, 2026

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

Conviction
8.0

out of 10

8 not 9 because the broad tech selloff (QQQ -4.8%) introduces downside risk that could break the $367.5 support and invalidate the pin thesis despite strong flow and GEX signals.

Where Perspectives Agree

Bullish pin near $370 with dealer gamma support and bullish flow, despite macro headwinds.

Where They Diverge

Directional bullish call spread for August conflicts with theta's short premium iron condor for July, but different expiries reduce conflict; macro tech selloff could break the pin and undermine both.

Top Trade
via theta

Sell Jul 17 $380/$390 call spread and $350/$345 put spread for net credit of ~$2.50 (iron condor) — defined risk, profits from pinning and IV contraction.

Key Risk

Break below $367.5 flips dealer gamma from long to short, triggering stop-loss cascade and downside acceleration to $360 support.

How to Use These Reports
This ai consensus reflects the market close on June 5, 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.