GOOGL230609C00131000 Option on Alphabet Class A

GOOGL Stock  USD 150.93  0.06  0.04%   
Alphabet's option chain provides insight into all available option contracts written on Alphabet's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Alphabet's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Alphabet option contract.

In The Money vs. Out of Money Option Contracts on Alphabet

Analyzing Alphabet's in-the-money options over time can help investors to take a profitable long position in Alphabet regardless of its overall volatility. This is especially true when Alphabet's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Alphabet's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Alphabet's stock while costing only a fraction of its price.
Alphabet's latest option contracts expiring on 2024-03-28 are carrying combined implied volatility of 27.47 with a put-to-call open interest ratio of 0.65 over 120 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2024-03-28. The current put volume is at 31336, with calls trading at the volume of 48467. This yields a 0.65 put-to-call volume ratio. The Alphabet option chain provides detailed quote and price information for the current Alphabet Class A option contracts. It shows all of Alphabet's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2024-03-28 Option Contracts

Alphabet option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Alphabet's lending market. For example, when Alphabet's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Alphabet, he or she must hedge the risk by shorting Alphabet stock over its option's life.
The chart above shows Alphabet's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Alphabet's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Alphabet's option, there is no secondary market available for investors to trade.

Alphabet Maximum Pain Price across 2024-03-28 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Alphabet close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Alphabet's stock options are financial instruments that give investors the right to buy or sell shares of Alphabet Class A common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Alphabet stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Alphabet's stock price goes up or down, the stock options follow.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Class A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Please note that buying 'in-the-money' options on Alphabet lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Alphabet's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Alphabet contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Alphabet Stock moves the wrong way.
At this time, Alphabet's Common Stock is quite stable compared to the past year. Stock Based Compensation is expected to rise to about 23.6 B this year, although the value of Sale Purchase Of Stock is projected to rise to (58.4 B).

Alphabet Class A In The Money Call Balance

When Alphabet's strike price is surpassing the current stock price, the option contract against Alphabet Class A stock is said to be in the money. When it comes to buying Alphabet's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Alphabet Class A are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Alphabet Current Options Market Mood

Alphabet's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Alphabet Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Alphabet's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Alphabet's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Alphabet's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Rule 16 of the current Alphabet contract

Base on the Rule 16, the options market is currently suggesting that Alphabet Class A will have an average daily up or down price movement of about 1.72% per day over the life of the 2024-03-28 option contract. With Alphabet trading at USD 150.93, that is roughly USD 2.59. If you think that the market is fully incorporating Alphabet's daily price movement you should consider buying Alphabet Class A options at the current volatility level of 27.47%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Alphabet options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Alphabet calls. Remember, the seller must deliver Alphabet Class A stock to the call owner when a call is exercised.

Alphabet Option Chain

When Alphabet's strike price is surpassing the current stock price, the option contract against Alphabet Class A stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Alphabet's option chain is a display of a range of information that helps investors for ways to trade options on Alphabet. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Alphabet. It also shows strike prices and maturity days for a Alphabet against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Call
2024-03-28 CALL at $75.00.98338.0E-402024-03-2875.2 - 76.2572.0In
Call
2024-03-28 CALL at $80.00.98368.0E-402024-03-2870.1 - 71.20.0In
Call
2024-03-28 CALL at $85.00.98210.00112024-03-2865.5 - 66.265.32In
Call
2024-03-28 CALL at $90.00.98050.001242024-03-2860.4 - 61.259.42In
Call
2024-03-28 CALL at $95.00.97860.001422024-03-2855.55 - 56.254.17In
Call
2024-03-28 CALL at $100.00.97650.0017182024-03-2850.55 - 51.250.1In
Call
2024-03-28 CALL at $105.00.9740.002452024-03-2845.55 - 46.244.95In
Call
2024-03-28 CALL at $110.00.9710.0025302024-03-2840.55 - 41.239.69In
Call
2024-03-28 CALL at $115.00.96740.0031522024-03-2835.55 - 36.235.45In
Call
2024-03-28 CALL at $120.00.96290.0043482024-03-2830.55 - 31.231.03In
Call
2024-03-28 CALL at $121.00.96190.004212024-03-2829.55 - 30.228.95In
Call
2024-03-28 CALL at $122.00.96080.004502024-03-2828.35 - 29.20.0In
Call
2024-03-28 CALL at $123.00.95530.00502024-03-2827.45 - 28.250.0In
Call
2024-03-28 CALL at $124.00.95840.00502024-03-2826.5 - 27.20.0In
Call
2024-03-28 CALL at $125.00.95710.00532082024-03-2825.55 - 26.224.55In
Call
2024-03-28 CALL at $126.00.95110.00612024-03-2824.45 - 25.2522.87In
Call
2024-03-28 CALL at $127.00.95430.00642024-03-2823.5 - 24.220.99In
Call
2024-03-28 CALL at $128.00.94780.006802024-03-2822.5 - 23.250.0In
Call
2024-03-28 CALL at $129.00.95660.0065552024-03-2821.7 - 22.222.15In
Call
2024-03-28 CALL at $130.00.99590.00143752024-03-2820.55 - 21.2519.23In
Call
2024-03-28 CALL at $131.00.99570.00154602024-03-2819.55 - 20.2519.3In
Call
2024-03-28 CALL at $132.00.99560.00174952024-03-2818.55 - 19.2517.0In
Call
2024-03-28 CALL at $133.00.93720.00972552024-03-2817.5 - 18.2517.65In
Call
2024-03-28 CALL at $134.00.99520.0022842024-03-2816.55 - 17.2516.05In
Call
2024-03-28 CALL at $135.00.98690.00447662024-03-2815.55 - 16.315.01In
Call
2024-03-28 CALL at $136.00.92830.01245182024-03-2814.5 - 15.2513.68In
Call
2024-03-28 CALL at $137.00.98540.00559522024-03-2813.6 - 14.2512.35In
Call
2024-03-28 CALL at $138.00.98460.006216712024-03-2812.6 - 13.2511.46In
Call
2024-03-28 CALL at $139.00.91630.016815842024-03-2811.5 - 12.2511.85In
Call
2024-03-28 CALL at $140.00.95930.013332992024-03-2810.05 - 11.010.44In
Call
2024-03-28 CALL at $141.00.9930.004724682024-03-289.55 - 10.258.8In
Call
2024-03-28 CALL at $142.00.97950.01114962024-03-288.6 - 9.257.77In
Call
2024-03-28 CALL at $143.00.89090.027910762024-03-287.45 - 8.256.8In
Call
2024-03-28 CALL at $144.00.91410.0313442024-03-286.55 - 7.16.52In
Call
2024-03-28 CALL at $145.00.86990.03924332024-03-285.55 - 6.255.86In
Call
2024-03-28 CALL at $146.00.95280.032912692024-03-284.6 - 5.34.43In
Call
2024-03-28 CALL at $147.00.98610.019815842024-03-283.55 - 4.33.9In
Call
2024-03-28 CALL at $148.00.89230.078115412024-03-282.83 - 3.22.82In
Call
2024-03-28 CALL at $149.00.84240.126325572024-03-282.0 - 2.142.05In
Call
2024-03-28 CALL at $150.00.67940.18462982024-03-281.27 - 1.31.3In
Call
2024-03-28 CALL at $152.50.20470.1475181632024-03-280.21 - 0.240.22Out
Call
2024-03-28 CALL at $155.00.03440.0343235682024-03-280.03 - 0.040.03Out
Call
2024-03-28 CALL at $157.50.01060.0127692024-03-280.01 - 0.020.01Out
Call
2024-03-28 CALL at $160.00.00830.006170762024-03-280.0 - 0.010.01Out
Call
2024-03-28 CALL at $162.50.00690.004210342024-03-280.0 - 0.010.01Out
Call
2024-03-28 CALL at $165.00.00590.003213962024-03-280.0 - 0.010.01Out
Call
2024-03-28 CALL at $167.50.00520.00257472024-03-280.0 - 0.010.01Out
Call
2024-03-28 CALL at $175.00.00390.00149852024-03-280.0 - 0.010.01Out
 Put
2024-03-28 PUT at $120.0-0.00266.0E-420092024-03-280.0 - 0.010.01Out
 Put
2024-03-28 PUT at $125.0-0.00319.0E-415552024-03-280.0 - 0.010.01Out
 Put
2024-03-28 PUT at $130.0-0.00380.001322312024-03-280.0 - 0.010.01Out
 Put
2024-03-28 PUT at $133.0-0.00430.001732892024-03-280.0 - 0.010.01Out
 Put
2024-03-28 PUT at $134.0-0.00450.00197132024-03-280.0 - 0.010.01Out
 Put
2024-03-28 PUT at $135.0-0.00480.002128742024-03-280.0 - 0.010.01Out
 Put
2024-03-28 PUT at $136.0-0.00510.00248332024-03-280.0 - 0.010.01Out
 Put
2024-03-28 PUT at $137.0-0.00540.00277072024-03-280.0 - 0.010.01Out
 Put
2024-03-28 PUT at $138.0-0.00570.00314072024-03-280.0 - 0.010.01Out
 Put
2024-03-28 PUT at $139.0-0.00620.003517692024-03-280.0 - 0.010.01Out
 Put
2024-03-28 PUT at $140.0-0.00660.00427092024-03-280.0 - 0.010.01Out
 Put
2024-03-28 PUT at $141.0-0.01240.00712852024-03-280.0 - 0.010.02Out
 Put
2024-03-28 PUT at $142.0-0.00790.005712552024-03-280.0 - 0.020.01Out
 Put
2024-03-28 PUT at $143.0-0.01490.0136072024-03-280.01 - 0.020.02Out
 Put
2024-03-28 PUT at $144.0-0.00970.008629972024-03-280.01 - 0.020.01Out
 Put
2024-03-28 PUT at $145.0-0.0110.01146442024-03-280.01 - 0.020.01Out
 Put
2024-03-28 PUT at $146.0-0.02170.02132022024-03-280.02 - 0.030.02Out
 Put
2024-03-28 PUT at $147.0-0.04250.039446362024-03-280.04 - 0.050.04Out
 Put
2024-03-28 PUT at $148.0-0.07580.069837512024-03-280.06 - 0.080.09Out
 Put
2024-03-28 PUT at $149.0-0.15850.126545002024-03-280.15 - 0.180.16Out
 Put
2024-03-28 PUT at $150.0-0.31020.193954802024-03-280.35 - 0.380.4Out
 Put
2024-03-28 PUT at $152.5-0.78140.144319202024-03-281.74 - 1.891.87In
 Put
2024-03-28 PUT at $155.0-0.94730.04333442024-03-283.8 - 4.555.7In
 Put
2024-03-28 PUT at $157.5-0.96190.02362024-03-286.3 - 7.058.98In
 Put
2024-03-28 PUT at $160.0-0.89630.0262702024-03-288.75 - 9.4510.8In
 Put
2024-03-28 PUT at $162.5-0.98470.007512024-03-2811.3 - 12.013.15In
 Put
2024-03-28 PUT at $165.0-0.92780.015202024-03-2813.75 - 14.40.0In
 Put
2024-03-28 PUT at $167.5-0.97990.006402024-03-2816.25 - 17.117.61In
 Put
2024-03-28 PUT at $170.0-0.98180.005302024-03-2818.8 - 19.550.0In
 Put
2024-03-28 PUT at $172.5-0.97750.005402024-03-2821.2 - 22.20.0In
 Put
2024-03-28 PUT at $175.0-0.97430.005302024-03-2823.75 - 24.70.0In
 Put
2024-03-28 PUT at $180.0-0.98640.002902024-03-2828.75 - 29.60.0In
 Put
2024-03-28 PUT at $185.0-0.98340.002902024-03-2833.75 - 34.650.0In
 Put
2024-03-28 PUT at $190.0-0.99350.001302024-03-2838.75 - 39.550.0In
 Put
2024-03-28 PUT at $195.0-0.98970.001702024-03-2843.75 - 44.60.0In
 Put
2024-03-28 PUT at $200.0-0.99040.001502024-03-2848.75 - 49.60.0In
 Put
2024-03-28 PUT at $205.0-0.98760.001602024-03-2853.75 - 54.650.0In
 Put
2024-03-28 PUT at $210.0-0.99518.0E-402024-03-2858.75 - 59.550.0In
 Put
2024-03-28 PUT at $215.0-0.98360.001702024-03-2863.8 - 64.70.0In
 Put
2024-03-28 PUT at $220.0-0.97780.00202024-03-2868.75 - 69.90.0In
 Put
2024-03-28 PUT at $225.0-0.97870.001802024-03-2873.75 - 74.90.0In

Alphabet Common Stock Shares Outstanding Over Time

The total number of shares of a company's common stock that are currently owned by all its shareholders.
   Common Stock Shares Outstanding   
       Timeline  

Alphabet Total Stockholder Equity Over Time

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
   Total Stockholder Equity   
       Timeline  

Alphabet Total Stockholder Equity

Total Stockholder Equity

297.55 Billion

At this time, Alphabet's Total Stockholder Equity is quite stable compared to the past year.

Alphabet Investors Sentiment

The influence of Alphabet's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Alphabet. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Alphabet's public news can be used to forecast risks associated with an investment in Alphabet. The trend in average sentiment can be used to explain how an investor holding Alphabet can time the market purely based on public headlines and social activities around Alphabet Class A. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Alphabet's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Alphabet's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Alphabet's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Alphabet.

Alphabet Implied Volatility

    
  27.47  
Alphabet's implied volatility exposes the market's sentiment of Alphabet Class A stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Alphabet's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Alphabet stock will not fluctuate a lot when Alphabet's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alphabet in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alphabet's short interest history, or implied volatility extrapolated from Alphabet options trading.

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When determining whether Alphabet Class A is a strong investment it is important to analyze Alphabet's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alphabet's future performance. For an informed investment choice regarding Alphabet Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Class A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Alphabet Class A information on this page should be used as a complementary analysis to other Alphabet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Alphabet Stock analysis

When running Alphabet's price analysis, check to measure Alphabet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alphabet is operating at the current time. Most of Alphabet's value examination focuses on studying past and present price action to predict the probability of Alphabet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alphabet's price. Additionally, you may evaluate how the addition of Alphabet to your portfolios can decrease your overall portfolio volatility.
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Is Alphabet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alphabet. If investors know Alphabet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alphabet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.56
Earnings Share
5.8
Revenue Per Share
24.338
Quarterly Revenue Growth
0.135
Return On Assets
0.1437
The market value of Alphabet Class A is measured differently than its book value, which is the value of Alphabet that is recorded on the company's balance sheet. Investors also form their own opinion of Alphabet's value that differs from its market value or its book value, called intrinsic value, which is Alphabet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alphabet's market value can be influenced by many factors that don't directly affect Alphabet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alphabet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alphabet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.