Market Whales and Their Recent Bets on GOOGL Options - Alphabet (NASDAQ:GOOGL)

Recent activities from affluent investors indicate a bullish sentiment towards Alphabet Inc. (GOOGL), making it a focal point for market observers. Tracking of public options at various platforms has revealed significant movements that shouldn't be overlooked.

Our latest data collection showed that today’s options scanner has identified 9 unusual activities involving GOOGL options. This heightened level of activity is not typical, suggesting that major players are anticipating something substantial in the near future.

When analyzing the general sentiment among these investors, it's evident that opinions are mixed. About 55% of the activities reflect a bullish stance, while 33% indicate a bearish outlook. Out of the identified trades, there are 2 put options with a combined total of $124,452, and 7 call options, amounting to $474,678.

Projected Price Targets

Examining volume and open interest in these options reveals that market whales have been pursuing a price target ranging from $150.00 to $360.00 for Alphabet over the past three months.

Volume & Open Interest Development

Monitoring the volume and open interest of options contracts provides valuable insights into the liquidity and interest surrounding GOOGL. This analysis can help investors take educated positions regarding Alphabet's price movements.

Alphabet Option Activity Analysis: Last 30 Days

In the past 30 days, significant movements have been noted in the call and put options for Alphabet.

Biggest Options Spotted:

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

Alphabet Inc. is a parent company of Google, the internet giant. The company primarily earns its revenue through Google services, with nearly 90% stemming from advertising. Besides advertising revenue, Alphabet gains from subscription services such as YouTube TV and YouTube Music, as well as platform sales through the Play Store and its hardware products. The Google Cloud Platform contributes about 10% to Alphabet's total revenue, along with investments in innovative technology like Waymo (self-driving cars), Verily (health), and Google Fiber (internet services).

Given the recent trend in options trading for GOOGL, it is essential to understand the company’s current market position.

Present Market Standing of Alphabet

• The stock is currently trading at $178.20, up by 0.96% with a trading volume of 3,482,171.
• The Relative Strength Index (RSI) suggests that the stock may be overbought at this time.
• Upcoming earnings release is anticipated in 82 days.

Professional Analyst Ratings for Alphabet

In the last month, five analysts have provided their assessments of GOOGL, resulting in an average price target of $203.00. An analyst from Needham has downgraded their rating to 'Buy' with a new target of $210, while Truist Securities maintains a 'Buy' stance, aiming for a price of $220. RBC Capital continues to rate Alphabet as 'Outperform' at a price target of $210. Bernstein retains a 'Market Perform' rating with a target of $185, and Cantor Fitzgerald has lowered its rating to 'Neutral' with a target of $190.

Options trading carries significant risks alongside potential rewards. Savvy traders mitigate risks by staying educated, adjusting strategies, monitoring various indicators, and closely following market dynamics. Keeping track of the latest happenings in Alphabet's option trades with timely alerts is crucial for staying ahead in this competitive landscape.

investors, options, Alphabet