Alphabet(US:GOOGL) Benzinga·2025-09-26 16:01Core Insights - Deep-pocketed investors have adopted a bearish approach towards Alphabet, indicating potential significant market movements ahead [1] - The options activity for Alphabet shows a divided sentiment among investors, with 42% bullish and 48% bearish [2] - The expected price range for Alphabet over the last three months has been targeted between $65.0 and $370.0 [3] Options Activity - A total of 52 extraordinary options activities were recorded for Alphabet, with notable trades including 13 puts totaling $1,194,011 and 39 calls amounting to $3,314,252 [2] - The volume and open interest trends provide insights into liquidity and interest levels for Alphabet's options, particularly within the strike price range of $65.0 to $370.0 [4][5] Largest Options Trades - Significant trades include bearish sentiment on various call and put options, with total trade prices reaching up to $915.0K for calls and $415.0K for puts [8] - The largest observed options trades indicate a bearish outlook, with multiple trades executed at various strike prices [8] Company Overview - Alphabet derives nearly 90% of its revenue from Google services, primarily through advertising sales, with additional revenue from subscription services and devices [9] - The company's cloud computing platform contributes approximately 10% to its revenue, alongside investments in emerging technologies [9] Market Position - Recent analyst ratings for Alphabet show a consensus target price of $283.0, with various analysts maintaining buy or outperform ratings and target prices ranging from $260 to $300 [10][11] - Current trading volume stands at 7,435,002, with GOOGL's price at $246.24, reflecting a slight increase of 0.18% [13]