Calm Waters for Alphabet (GOOG, GOOGL) Stock Present a Tempting Options Trade

This structure points to information by omission. With GOOGL stock down quite noticeably this month, a temptation exists to protect against further downside, especially amid concerns about a bubble brewing in artificial intelligence. But the smart money appears relaxed, which could open the doors to a contrarian position.First, IV pricing for both puts and calls is relatively flat and measured near the spot price. As the volatility skew rises at the edges, it does so in a gentle controlled manner. Yes, put ...