Moderately bullish activity in Alphabet Class A with shares up 1.27%

Moderately bullish activity in Alphabet Class A (GOOGL), with shares up $4.39, or 1.27%, near $348.79. Options volume more than double the daily average with 181k contracts traded and calls leading puts for a put/call ratio of 0.25, compared to a typical level near 0.62. Implied volatility (IV30) is higher by 1.8 points near 37.6,in the top quartile of the past year, suggesting an expected daily move of $8.26. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Alphabet Class A (GOOGL) will report earnings after the close on 2026-04-29.Option markets are pricing in a 50% probability of a move greater than 8.3% or $28.94.