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Alphabet's Options: A Look at What the Big Money is Thinking - Alphabet (NASDAQ:GOOGL)
Benzinga· 2025-10-21 20:00
Core Insights - Financial institutions are showing a bullish sentiment towards Alphabet, with 46% of traders being bullish and 42% bearish, indicating a mixed outlook in options trading [1] - The predicted price range for Alphabet over the last three months is between $165.0 and $380.0, suggesting significant interest from large investors [2] - Recent options activity indicates a notable volume and open interest in both calls and puts, reflecting liquidity and trader sentiment [3][4] Options Activity - A total of 325 unusual trades were identified for Alphabet, with 124 puts valued at $9,643,500 and 201 calls valued at $18,266,274, highlighting a strong trading interest [1] - Significant options trades include bearish puts with strike prices around $165 and bullish calls with higher strike prices, indicating diverse strategies among traders [8] Company Overview - Alphabet, the parent company of Google, generates nearly 90% of its revenue from advertising, with additional income from subscription services, platforms, and devices [9] - The company's cloud computing segment contributes approximately 10% to its revenue, alongside investments in emerging technologies like self-driving cars and health [9] Market Analysis - Analysts have set an average price target of $276.0 for Alphabet, with individual targets ranging from $236 to $294, reflecting a generally positive outlook despite some caution [11][12] - The current trading volume for Alphabet is 38,864,003, with the stock price at $251.38, down 2.02%, indicating a neutral market position [14]
Smart Money Is Betting Big In GOOGL Options - Alphabet (NASDAQ:GOOGL)
Benzinga· 2025-09-26 16:01
Core 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]