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Mixed options sentiment in Alphabet Class A with shares up 2.01%

Mixed options sentiment in Alphabet Class A (GOOGL), with shares up $3.50, or 2.01%, near $177.86. Options volume more than double the daily average with 445k contracts traded and calls leading puts for a put/call ratio of 0.49, compared to a typical level near 0.45. Implied volatility (IV30) dropped 0.07 near 36.36,in the top quartile of the past year, suggesting an expected daily move of $4.07. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Alphabet Class A (GOOGL) will report earnings after the close on 2025-07-22.Option markets are pricing in a 50% probability of a move greater than -5.03% or $-8.94.

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