Market Whales Make Bold Moves on GOOGL Options: A Look at Recent Trends

We have witnessed a surge of interest from large-scale investors in Alphabet Inc. (GOOGL), indicating a bullish sentiment that is difficult to overlook. Findings from our analysis reveal notable option activities linked to GOOGL, pushing market participants to pay attention.

The identities of these investors remain undisclosed, but such significant options trading typically signals that something considerable may be on the horizon for GOOGL.

Insights gathered today from options data show that Benzinga's scanner has detected 9 significant options activities concerning Alphabet, a number that stands out as unusually high.

Investor Sentiment Overview

The views among these heavy hitters highlight a split sentiment: 55% of the activities suggest bullishness, while 33% reflect bearish positions. Specifically, among these recent trades, there are 2 put options worth a total of $124,452 and 7 call options valued at $474,678.

Target Price Range Analysis

When assessing the volume and open interest surrounding these contracts, it appears that large investors have been eyeing a price target range for Alphabet from $150.0 to $360.0 over the past three months.

Volume and Open Interest Trends

Monitoring volume and open interest is a useful method for investors conducting their research on a stock.

This data provides insights into the liquidity and investor interest for Alphabet's options at various strike prices.

Analysis of Recent Options Activity for Alphabet

Below, we present the patterns observed in monthly volumes and open interest for both call and put options related to GOOGL, focusing on the strike price range of $150.0 to $360.0 over the last month.

Key Options Observed:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
GOOGL	CALL	TRADE	BULLISH	02/21/25	$23.0	$23.0	$23.0	$160.00	$172.5K	1.6K	75
GOOGL	CALL	SWEEP	BULLISH	06/18/26	$27.35	$27.3	$27.35	$185.00	$103.9K	418	53
GOOGL	CALL	SWEEP	BULLISH	01/17/25	$1.3	$1.29	$1.29	$200.00	$71.5K	89.3K	1.7K
GOOGL	PUT	SWEEP	BEARISH	02/21/25	$9.7	$9.65	$9.65	$180.00	$70.4K	386	103
GOOGL	PUT	TRADE	BEARISH	04/17/25	$9.0	$8.95	$9.0	$175.00	$54.0K	260	60

About Alphabet Inc.

Alphabet Inc. is the parent company that owns Google, one of the world's largest internet companies. The California-based firm generates close to 90% of its revenue through Google services, primarily from advertising sales. In addition to online ads, Google provides subscription services like YouTube TV and YouTube Music, as well as sales from its platform and devices such as Chromebooks and Pixel smartphones. Alphabet's cloud computing segment, also known as GCP, constitutes about 10% of its total revenue. The company is also investing in innovative technologies such as self-driving cars (through Waymo) and health initiatives (through Verily).

Given the recent dynamics in options trading for Alphabet, it's essential to turn our attention to the company's current market position.

Current Market Position of Alphabet

• Alphabet is presently trading at a volume of 3,482,171 shares, with its stock price rising by 0.96% to reach $178.2.
• Relative Strength Index (RSI) indicates that the stock may be entering overbought territory.
• The company is set to announce its earnings in 82 days.

Market Analysts' Perspectives on Alphabet

In the past month, 5 professional analysts have analyzed Alphabet's stock, providing an average price target of $203.0.

A quick look at analyst ratings shows:

• A Needham analyst downgraded the rating to Buy, with a target of $210.
• Truist Securities maintains a Buy rating, aiming for a price of $220.
• RBC Capital keeps an Outperform rating, targeting $210.
• Bernstein continues to hold a Market Perform rating, with a lower target of $185.
• Cantor Fitzgerald has downgraded to Neutral with a target of $190.

Investing in options carries its risks along with potential rewards. Smart traders manage these risks by regularly updating their knowledge, adjusting their strategies, monitoring various indicators, and staying attuned to market changes. For the latest updates on Alphabet's options activities, it’s advisable to utilize real-time alerts from dedicated trading platforms.

investors, options, GOOGL