Alphabet Shares Up 1.0%, Mixed Options Sentiment
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 12 hours ago
0mins
Cboe data shows mixed options sentiment in Alphabet (GOOG), with shares up $3.66, or 1.0%, near $368.56. Options volume roughly in line with average with 45k contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 0.5. Implied volatility (IV30) dropped 0.59 near 38.98, in the highest 10% of observations over the past year, suggesting an expected daily move of $9.05. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Alphabet (GOOG) 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.
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Analyst Views on GOOG
Wall Street analysts forecast GOOG stock price to fall
15 Analyst Rating
14 Buy
1 Hold
0 Sell
Strong Buy
Current: 356.180
Low
255.00
Averages
336.08
High
400.00
Current: 356.180
Low
255.00
Averages
336.08
High
400.00
About GOOG
Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Gemini for Google Cloud; cybersecurity, and data and analytics. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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