Mixed options sentiment in Alphabet Class A (GOOGL), with shares up $4.25, or 1.8%, near $240.82. Options volume relatively light with 86k contracts traded and calls leading puts for a put/call ratio of 0.59, compared to a typical level near 0.62. Implied volatility (IV30) dropped 0.81 near 40.23, in the highest 10% of observations over the past year, suggesting an expected daily move of $6.10. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Alphabet Class A (GOOGL) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOOGL:
- Microsoft Stock (MSFT) Motors on Potential $2B Investment in U.K. Driving Group Wayve
- Google announces new $9B investment in South Carolina
- Klarna announces support for Google Agent Payments Protocol
- Alphabet price target raised to $265 from $201 at Cantor Fitzgerald
- Top Analyst Reaffirms ‘Buy’ on Google Stock, Despite Drop in YouTube Engagement