Don't Sleep on Alphabet Stock This July

Core Insights - Alphabet Inc (GOOGL) shares are currently trading at $178.44, down 0.7%, with a year-to-date deficit of 5.7% and facing resistance at the $180 level [1] - Historically, July has been a favorable month for GOOGL, averaging an 8.42% gain and finishing higher 90% of the time over the past decade [2] Stock Performance - GOOGL's recent performance shows a pullback influenced by the 50-day moving average, but there is potential for recovery towards February highs [1] - If GOOGL achieves its historical average gain for July, the stock could rise above $193 for the first time since early February [2] Options Market - The Schaeffer's Volatility Index (SVI) for GOOGL is at 26%, ranking in the 13th percentile of its annual range, indicating low volatility expectations from options traders [4]