Understanding Alphabet's Recent Options Activity

Big investors have shown a bearish outlook on Alphabet Inc. (NASDAQ: GOOGL), which is something that retail traders should pay attention to. This trend has been highlighted by recent tracking of available options data.

Today, observations of options trading for Alphabet revealed a total of 10 significant trades, a noticeable change from typical patterns.

The overall sentiment from major traders appears to be divided, with approximately 30% taking a bullish stance and 60% leaning bearish. Notably, among the option contracts identified, there is one put option valued at $29,197, and nine call options accumulating to $471,143.

Projected Price Movements

Based on the volume and open interest of these contracts, it seems that major investors have been eyeing a price range for Alphabet between $160.00 and $195.00 over the past three months.

Analysis of Volume and Open Interest Trends

Assessing volume and open interest is crucial when trading options. This data helps track liquidity and interest levels for Alphabet's options at specific strike prices. The following illustrates the changes in volume and open interest for all notable trades related to Alphabet within the price range of $160.00 to $195.00 over the past month.

Noteworthy Options Trades

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
GOOGL	CALL	TRADE	BEARISH	02/21/25	$17.85	$17.3	$17.5	$160.00	$105.0K	2.3K	266
GOOGL	CALL	TRADE	NEUTRAL	06/20/25	$17.5	$17.3	$17.4	$170.00	$86.9K	15.7K	59
GOOGL	CALL	TRADE	BULLISH	12/06/24	$0.61	$0.6	$0.61	$175.00	$65.3K	19.6K	5.5K
GOOGL	CALL	SWEEP	BEARISH	12/06/24	$2.79	$2.65	$2.68	$170.00	$52.9K	4.4K	385
GOOGL	CALL	SWEEP	BEARISH	12/20/24	$1.02	$1.0	$1.0	$180.00	$48.4K	30.4K	1.6K

About Alphabet Inc.

Alphabet Inc. is a holding firm that fully owns Google, one of the most significant players in the internet industry. A large portion of its revenue—nearly 90%—comes from Google services, primarily boosted by advertising sales. Apart from online advertising, Google services include earnings from subscriptions from offerings like YouTube, app purchases on the Play Store, and device sales including Chromebooks and Pixel smartphones. Google's cloud computing, known as Google Cloud Platform (GCP), generates around 10% of Alphabet's revenue, with other investments targeting innovative technologies such as self-driving cars (Waymo) and health technologies (Verily).

After reviewing the current options activity surrounding Alphabet, it is essential to evaluate the company's market status and overall performance.

Current Status of Alphabet Inc.

• As of now, Alphabet's stock price is at $172.84, marking a 0.87% increase with a trading volume of 5,867,700 shares.
• The current Relative Strength Index (RSI) indicates that the stock sits in a neutral zone between being overbought and oversold.
• Alphabet is set to release its next earnings report in 55 days.

Expert Opinions on Alphabet

Over the past month, an analyst has provided ratings on Alphabet's stock, indicating an average target price of $185.00.

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Stay informed: Options trading carries higher risks and potential rewards. Savvy traders manage risks through continuous education, adapting strategies, monitoring various indicators, and staying updated on market dynamics. Keep up with the latest options activities for Alphabet through real-time alerts from dedicated services.

investment, options, Alphabet