Ticker Options Intelligence

GOOGL options intelligence

Alphabet Inc Class A options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 47 Market data through 31 Jul 2026 Checked 1 Aug 2026 07:44 · partial chain

Volatility expansion watch

Volatility pressure

GOOGL currently carries volatility options pressure with a 47/100 conviction score. The nearest-chain expected move is 11.5%, with volume/open-interest participation at 0.35.

Options Intelligence Opportunities Bullish confirmation Risks Unusual flow Vol expansion Repeated pressure Compare Chart Weekly report
Primary read Volatility

Volatility expansion watch

Expected move 11.5%

Wider near-term move priced

Activity / OI 0.35

Current volume is quieter versus prior open interest

Put-call 0.53

Call-side skew

Trend fit 56

Options are not fully confirming trend

Weekly backdrop +11.4%

RS 7.0

Expected move 11.5%
Put-call volume 0.53
Volume / OI 0.35
Reference IV 0.57
Max pain 330.00
Underlying 319.74
Nearest expiry 3 Aug 2026
Contracts 2000

Research Brief

GOOGL has a volatility chain read with 47/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 282.95–356.53; The largest call open-interest concentration is 335.00; the largest put concentration is 330.00. The most active strike by current volume is 350.00.

Priced range282.95–356.53
Call concentration335.00
Put concentration330.00
Max pain reference330.00
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • Options and the weekly trend are not yet giving the same message.
  • Front-expiry volatility is rich, so the signal may be event-driven and vulnerable to volatility compression.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 3 Aug

Options imply 282.95 to 356.53. Max pain at 330.00 sits inside that range, 3.2% above spot.

Spot Max pain
282.95319.74 ± 36.79356.53
Confirmation level

A close beyond 356.53 or below 282.95 at the 3 Aug expiry would exceed the move currently priced by this chain.

Important limitation

The range is a pricing reference, not a forecast; volatility can reprice sharply after news or as expiry approaches.

Score Construction

Why conviction is 47/100

Evidence alignment, not probability

Pressure is 33/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure33 × 42%
+14.0

How strongly activity leans toward calls or puts.

Participation48 × 22%
+10.6

Volume relative to existing open interest and contract-level activity.

Trend agreement56 × 26%
+14.6

How closely the chain read agrees with the underlying trend backdrop.

Volatility80 × 10%
+8.0

The intensity of implied volatility and the priced move.

Reconstructed score47.1Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 335.00; the largest put concentration is 330.00. The most active strike by current volume is 350.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
1330
330.003.2%
1028
146
332.504.0%
2271
170
335.004.8%
2453
36
337.505.6%
630
64
340.006.3%
1048
31
342.507.1%
1207
65
345.007.9%
269
14
347.508.7%
507
51
350.009.5%
1242
41
352.5010.2%
159
28
355.0011.0%
318
28
357.5011.8%
749
2
360.0012.6%
2150
0
362.5013.4%
80
0
365.0014.2%
69
0
370.0015.7%
147
0
372.5016.5%
14
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.62× front/back

Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.

0.57 3 Aug 3d
0.50 5 Aug 5d
0.44 7 Aug 7d
0.41 10 Aug 10d
0.43 12 Aug 12d
0.39 14 Aug 14d
0.36 21 Aug 21d
0.37 28 Aug 28d

Volatility by Strike

Downside protection premium

Nearest expiry, within 20% of spot

Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.

268
273
280
285
290
298
303
308
313
320
325
330
338
343
348
353
360
365
370
378
383
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 directional observations

Forward validation is building. The earliest eligible stored read expires 31 Jul 2026; its result will appear after the matched closing reference is stored.

Directional follow-through-
Moves contained by pricing-
Average expiry move-
Validation readiness
  • Versioned calculationv2 observations only
  • Independent entryone read per market session
  • Point-in-time referencerequired at entry
  • Matched expiry closereported only after maturity

Only v2 snapshots with a point-in-time market reference are eligible. Each observation uses one read per market session and the first weekly close on or immediately after expiry. It is an evidence audit, not an executable strategy or evidence of future performance.

Evidence Quality

Usable with limits

C59/100
Retained chain41%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Retained chain subset
Market date
31 Jul 2026
Calculation
v2.0
Contracts
2000 / 4880
  • 41% of provider contracts were retained for this snapshot.

Aggregate chain data supports concentration, participation and pricing analysis. It does not identify trade aggressor, opening versus closing activity, multi-leg intent or dealer inventory.

Options Intent Radar

Volatility expansion bet

92/100
Primary intent Volatility expansion bet

The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.

Flow vs price divergence Volatility flow versus price

Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.

Why this matters

Volatility expansion bet matters because it connects the options headline to the actual evidence: $224.1M of estimated gross traded notional, calls · 0-7 days · otm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+33
1W price+11.4%
Call premium85%
Put premium15%
Notional split C 85% / P 15% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.35 Volume divided by open interest across the visible chain.
Trend fit 56/100 Agreement between options pressure and Sharemaestro market context.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Conviction clusters Calls · 0-7 days · OTM
Calls · 0-7 days · OTM calls cluster with 130243 contracts traded, $74.2M estimated gross traded notional, and 33% of visible notional.
$74.2M
Calls · 8-21 days · OTM calls cluster with 56640 contracts traded, $48.7M estimated gross traded notional, and 22% of visible notional.
$48.7M
Calls · 46-90 days · OTM calls cluster with 29454 contracts traded, $34.4M estimated gross traded notional, and 15% of visible notional.
$34.4M
Calls · 22-45 days · OTM calls cluster with 11114 contracts traded, $10.0M estimated gross traded notional, and 4% of visible notional.
$10.0M
Puts · 8-21 days · ITM puts cluster with 13724 contracts traded, $9.4M estimated gross traded notional, and 4% of visible notional.
$9.4M

Setup Classification

Opportunity and risk frame

Context, not advice
Warning Volatility expansion

The tape is pricing or displaying unusually elevated activity.

Warning Event-risk setup

Expected move or upcoming earnings makes the setup more event-sensitive.

Activity Anomaly

Warming up

-

3 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.

Baseline: 3 completed sessions

Volume rank-
Volume/OI rank-
IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly
Close356.13
1W+11.4%
RS7.0
Fair value+70.4%
Options pressure33
Speculation48
Volatility80
Trend fit56

Today Versus Normal

Stored-options context

View history
Expected move 11.5% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.57 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.53 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.35 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 13:50 Mixed
Pressure 9
Move 4.4%
29 Jul 14:20 Mixed
Pressure 3
Move 4.1%
29 Jul 14:40 Mixed
Pressure 10
Move 4.2%
29 Jul 15:06 Bullish
Pressure 18
Move 4.1%
29 Jul 15:30 Bullish
Pressure 47
Move 4.4%
29 Jul 15:50 Bullish
Pressure 48
Move 4.4%
29 Jul 16:10 Bullish
Pressure 47
Move 4.1%
29 Jul 16:38 Bullish
Pressure 46
Move 4.4%

Strike Map

Where activity is clustering

Full strike map
Strike267.50
Calls · V 0 · OI 0
Puts · V 13 · OI 198
Strike270.00
Calls · V 0 · OI 4
Puts · V 3 · OI 19
Strike272.50
Calls · V 0 · OI 0
Puts · V 0 · OI 16
Strike275.00
Calls · V 0 · OI 5
Puts · V 0 · OI 127
Strike277.50
Calls · V 0 · OI 1
Puts · V 0 · OI 4
Strike280.00
Calls · V 1 · OI 33
Puts · V 0 · OI 29
Strike282.50
Calls · V 0 · OI 0
Puts · V 0 · OI 8
Strike285.00
Calls · V 1 · OI 25
Puts · V 0 · OI 7

Term Structure

Expiration activity

Volume and IV
Expiry3 Aug 2026
Contracts124
Avg IV0.57
Put-call0.55
Expiry5 Aug 2026
Contracts122
Avg IV0.50
Put-call0.69
Expiry7 Aug 2026
Contracts212
Avg IV0.44
Put-call0.45
Expiry10 Aug 2026
Contracts116
Avg IV0.41
Put-call0.27
Expiry12 Aug 2026
Contracts114
Avg IV0.43
Put-call0.12

Skew

Call/put IV balance

OTM demand
3 Aug 2026Put IV premium
Call IV0.27
Put IV0.62
Skew0.35
5 Aug 2026Put IV premium
Call IV0.33
Put IV0.56
Skew0.23
7 Aug 2026Put IV premium
Call IV0.34
Put IV0.43
Skew0.10
10 Aug 2026Put IV premium
Call IV0.33
Put IV0.43
Skew0.11
12 Aug 2026Put IV premium
Call IV0.32
Put IV0.50
Skew0.19

Contract Tape

Most active contracts

Full contract tape
ContractGOOGL260803C00350000
SideCall
Expiry3 Aug 2026
Strike350.00
Volume10882
OI1242
IV0.26
ContractGOOGL260803C00355000
SideCall
Expiry3 Aug 2026
Strike355.00
Volume9396
OI318
IV0.25
ContractGOOGL260807C00355000
SideCall
Expiry7 Aug 2026
Strike355.00
Volume9215
OI853
IV0.32
ContractGOOGL260807C00360000
SideCall
Expiry7 Aug 2026
Strike360.00
Volume8088
OI2324
IV0.33
ContractGOOGL260821C00380000
SideCall
Expiry21 Aug 2026
Strike380.00
Volume7086
OI9702
IV0.33
ContractGOOGL260821C00350000
SideCall
Expiry21 Aug 2026
Strike350.00
Volume6840
OI17564
IV0.33
ContractGOOGL260821C00360000
SideCall
Expiry21 Aug 2026
Strike360.00
Volume6384
OI13684
IV0.33
ContractGOOGL260803P00350000
SidePut
Expiry3 Aug 2026
Strike350.00
Volume6294
OI51
IV0.26