Alphabet Stock Hits Fresh Peak on Record Quarterly Revenue

Group 1 - Alphabet Inc reported record revenue of $100 billion for Q3, exceeding analysts' expectations, with quarterly profits of $2.87 per share driven by strong Google Cloud and YouTube advertising revenue, alongside a $155 billion customer backlog [1] - The stock price of Alphabet Inc surged to a record high of $291.59, marking a 4.2% increase to $286.05, and is on track for its sixth gain in the last seven sessions, reflecting a 74% increase over the past six months [2] - Options trading activity indicates a more bearish sentiment among traders, with a 50-day put/call volume ratio of 0.47, suggesting that unwinding some pessimism could potentially boost the stock [3] Group 2 - Today, trading volume has been significantly high with 237,000 calls and 118,000 puts, which is four times the typical amount, indicating strong interest in options, particularly the weekly 10/31 290-strike call [4]