Mixed options sentiment in Alphabet Class A (GOOGL), with shares down $4.00 near $169.32. Options volume running well above average with 323k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.46. Implied volatility (IV30) is higher by 2.2 points near 29.5,and above the 52wk median, suggesting an expected daily move of $3.15. Put-call skew flattened, suggesting a modestly bullish tone.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOOGL:
- GMS jumps after report of competing suitors, Couchbase gets bought: Morning Buzz
- Mixed options sentiment in Alphabet with shares down 2.65%
- RGTI, IONQ: 2 ‘Strong Buy’ Russell 2000 Stocks Analysts Say You Shouldn’t Miss
- Broadcaster BBC Threatens to Sue Perplexity Over AI Scraping
- ‘ChatGPT Moment’ for Robots Is Coming,’ Says Baird; Alphabet Poised to Be a ‘Key Enabler’