Market Whales Make Significant Bets on GOOGL Options

Recent activity in the options market indicates that large investors, often referred to as "whales," are showing a bullish stance towards Alphabet Inc. (NASDAQ:GOOGL). This shift in sentiment is noteworthy and should be on the radar of market participants.

Our analysis today has revealed a surge in options activity, as recorded by public options records. This data highlights a total of 9 significant options trades associated with Alphabet. The abnormal amount of trading volume suggests that major moves could be anticipated.

Investor Sentiment

The overall sentiment within these large investors is quite varied. Currently, around 55% of the investors are leaning towards a bullish outlook, while approximately 33% are bearish. The reported options trades include 2 put options, amounting to $124,452, and 7 call options, which total $474,678.

Projected Price Targets

Based on the recent trading volume and open interest in the options contracts, it's evident that whales are targeting a price range for Alphabet between $150.00 and $360.00 over the last three months.

Volume and Open Interest Insights

Analyzing the volume and open interest of options is a critical strategy for investors seeking to understand market liquidity and interest at various strike prices. Below, a detailed examination over the past 30 days of GOOGL options will shed light on the shifts in volume and open interest.

Recent Options Activity Overview

Significant options trades detected include:

Symbol	PUT/CALL	Trade Type	Sentiment	Expiration 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 of Google, the leading internet company known for its massive online services and advertising revenue, which accounts for nearly 90% of its income. In addition to advertising, Google generates revenue from its subscription services, such as YouTube TV and YouTube Music, as well as through app sales in the Play Store and hardware products including Pixel phones and Chromebooks. The company's cloud services contribute about 10% of its revenue, with ongoing investments in self-driving technology, healthcare solutions, and internet services.

Current Market Performance of Alphabet

• GOOGL is currently trading at $178.20, showing a 0.96% increase with a traded volume of 3,482,171.
• Relative Strength Index (RSI) suggests that the stock might be overbought at the moment.
• Upcoming earnings announcement is expected in 82 days.

Analyst Ratings for Alphabet Inc.

Over the last month, five analysts have shared their views on GOOGL stocks, resulting in an average price target of $203.00:

• A report from Needham downgraded the stock to "Buy" with a price target of $210.
• Truist Securities continues to maintain a "Buy" rating, projecting a target price of $220.
• RBC Capital holds an "Outperform" rating with a similar target of $210.
• Bernstein maintains a "Market Perform" rating, suggesting a target of $185.
• Analyst from Cantor Fitzgerald has adjusted its rating to "Neutral" with a new price target of $190.

Options trading carries inherent risks alongside potential rewards, and experienced traders often manage these by continually educating themselves, modifying strategies, monitoring significant indicators, and staying aware of market fluctuations.

Options, Investors, Market