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GOOGL

Alphabet Inc.Close $333.66EOD only
Max Pain
$330.00
Next expiry Jul 31, 2026
Expected Move
±$5.54
1.7% from close
Price Gap
-3.66
Distance to max pain
IV Rank
8
Low premium
P/C OI
0.72
Slightly call-heavy
Consensus
4.5/10
Consensus signal
Published snapshot: Jul 30, 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
Jul 30, 2026 close
GOOGL Theta Report
Analysis based on market close June 15, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 15, 2026. A newer theta report is available for June 29, 2026.

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Theta Verdict

Attractiveness8 / 10
Sizing: Aggressive
Primary: Short puts and put credit spreads
Invalidation: Spot closes below 350 support
Confidence:
8.5 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -0.5 spot 4.0% from MP; +1 VIX 16

IV Environment

IV Regime
Normal
IV vs VIX
IV elevated relative to VIX; premium selling favorable
Favorable?
Yes

Term structure: Steep contango; abnormal IV spike at 6/18 expiry

📈Bullish flow + positive GEX
⚠️Max pain pin at $355

Pin Risk Assessment

Spot vs MP: Above

GEX regime: Pinning ($+167.0M)

OI concentrations: Max pain $355; call wall 400-500; put floor 215

Verdict: Moderate pin risk; spot above MP, drift possible

Premium Opportunities

#1
Put credit spread
Sell 2026-07-10 $350.00/$345.00 put spread
Sell $350/$345 put spread to collect premium with defined risk.
Credit: $0.90-$1.10
Max loss: $3.90
BE: $348.90
Mgmt: Close if spot drops below 355.
#2
Cash-secured put
Sell 2026-07-17 $345.00 cash-secured put
Sell $345 put to collect premium, ready to buy shares.
Credit: $3.94-$4.81
Max loss: $340.19
BE: $340.19
Mgmt: Roll down if spot approaches 345.

Risk Alerts

!High IV on 6/18 expiry suggests event risk
!Low put/call ratio 0.44
How to Use These Reports
This theta reflects the market close on June 15, 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.