Whales with a lot of money to spend have taken a noticeably bearish stance on Alphabet.
Looking at options history for Alphabet GOOGL we detected 84 trades.
If we consider the specifics of each trade, it is accurate to state that 38% of the investors opened trades with bullish expectations and 53% with bearish.
From the overall spotted trades, 10 are puts, for a total amount of $593,841 and 74, calls, for a total amount of $5,638,804.
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 $150.0 and $300.0 for Alphabet, spanning the last three months.
Analyzing Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Alphabet's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Alphabet's significant trades, within a strike price range of $150.0 to $300.0, over the past month.
Alphabet Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GOOGL | CALL | SWEEP | BULLISH | 06/20/25 | $27.7 | $27.6 | $27.7 | $180.00 | $1.1M | 4.1K | 1.0K |
| GOOGL | CALL | SWEEP | BULLISH | 01/24/25 | $3.8 | $3.75 | $3.8 | $197.50 | $257.2K | 5.8K | 3.3K |
| GOOGL | CALL | TRADE | BEARISH | 06/20/25 | $15.9 | $15.75 | $15.8 | $200.00 | $118.5K | 19.5K | 510 |
| GOOGL | CALL | TRADE | BULLISH | 06/20/25 | $27.75 | $27.6 | $27.75 | $180.00 | $111.0K | 4.1K | 553 |
| GOOGL | CALL | SWEEP | BULLISH | 04/17/25 | $9.1 | $9.05 | $9.1 | $205.00 | $91.0K | 3.0K | 605 |
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, 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, or GCP, accounts for roughly 10% of Alphabet's revenue with the firm's investments in up-and-coming technologies such as self-driving cars (Waymo), health (Verily), and internet access (Google Fiber) making up the rest.
After a thorough review of the options trading surrounding Alphabet, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Where Is Alphabet Standing Right Now?
- With a trading volume of 13,164,348, the price of GOOGL is up by 1.6%, reaching $199.13.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 14 days from now.
What The Experts Say On Alphabet
5 market experts have recently issued ratings for this stock, with a consensus target price of $218.0.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Wedbush has decided to maintain their Outperform rating on Alphabet, which currently sits at a price target of $220. * Reflecting concerns, an analyst from JMP Securities lowers its rating to Market Perform with a new price target of $220. * Consistent in their evaluation, an analyst from Keybanc keeps a Overweight rating on Alphabet with a target price of $225. * An analyst from B of A Securities has decided to maintain their Buy rating on Alphabet, which currently sits at a price target of $210. * Maintaining their stance, an analyst from Morgan Stanley continues to hold a Overweight rating for Alphabet, targeting a price of $215.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Alphabet options trades with real-time alerts from Benzinga Pro.
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