Moderately bullish activity in Alphabet Class A (GOOGL), with shares up $5.67, or 1.71%, near $337.54. Options volume running well above average with 487k contracts traded and calls leading puts for a put/call ratio of 0.53, compared to a typical level near 0.55. Implied volatility (IV30) is higher by 0.9 points near 38.3,in the top quartile of the past year, suggesting an expected daily move of $8.14. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOOGL:
- ‘Nvidia Stock Has Become Boring,’ Says Market Expert
- AI Daily: Nvidia H200 AI chip purchases restricted by China
- Big Tech Alert! Trump Pushes Microsoft and Peers to Cover Soaring AI Data Center Power Costs Amid Grid Strain
- Midday Fly By: JPMorgan reports mixed Q4, L3Harris to form new missile company
- Google to Develop, Manufacture High-End Smartphones in Vietnam, Phasing Out China
