Whales with a lot of money to spend have taken a noticeably bearish stance on Alphabet.
Looking at options history for Alphabet (NASDAQ:GOOGL) we detected 24 trades.
If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 58% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $107,475 and 22, calls, for a total amount of $1,358,014.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $290.0 and $350.0 for Alphabet, spanning the last three months.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of Alphabet stands at 3881.84, with a total volume reaching 5,226.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Alphabet, situated within the strike price corridor from $290.0 to $350.0, throughout the last 30 days.
Alphabet Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GOOGL | CALL | SWEEP | BEARISH | 03/09/26 | $1.7 | $1.56 | $1.7 | $300.00 | $239.4K | 1.0K | 7 |
| GOOGL | CALL | SWEEP | BULLISH | 03/09/26 | $1.1 | $1.06 | $1.1 | $302.50 | $126.6K | 1.1K | 108 |
| GOOGL | CALL | SWEEP | BULLISH | 09/18/26 | $24.65 | $24.5 | $24.7 | $320.00 | $123.4K | 2.4K | 61 |
| GOOGL | CALL | SWEEP | BULLISH | 05/15/26 | $25.25 | $25.2 | $25.2 | $290.00 | $88.3K | 651 | 188 |
| GOOGL | CALL | TRADE | BULLISH | 05/15/26 | $25.1 | $24.9 | $25.06 | $290.00 | $82.6K | 651 | 188 |
About Alphabet
Alphabet is a holding company that wholly owns internet giant Google. The California-based company derives slightly less than 90% of its revenue from Google services, the vast majority of which is advertising sales. Alongside online ads, Google services houses sales stemming from Google's subscription services (YouTube TV and YouTube Music, among others), platforms (sales and in-app purchases on Play Store), and devices (Chromebooks, Pixel smartphones, and smart home products such as Chromecast). Google's cloud computing platform accounts for roughly 10% of Alphabet's revenue. The firm's investments in up-and-coming technologies such as self-driving cars (Waymo), health (Verily), and internet access (Google Fiber) make up the rest.
Following our analysis of the options activities associated with Alphabet, we pivot to a closer look at the company's own performance.
Present Market Standing of Alphabet
- Currently trading with a volume of 3,469,676, the GOOGL's price is down by -1.11%, now at $297.53.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 48 days.
Expert Opinions on Alphabet
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $382.4.
- An analyst from Stifel downgraded its action to Buy with a price target of $395.
- Maintaining their stance, an analyst from Rosenblatt continues to hold a Neutral rating for Alphabet, targeting a price of $357.
- An analyst from Wedbush persists with their Outperform rating on Alphabet, maintaining a target price of $370.
- An analyst from Needham has decided to maintain their Buy rating on Alphabet, which currently sits at a price target of $400.
- Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for Alphabet, targeting a price of $390.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
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