🔍 Here’s my trader’s desk note for Alphabet (GOOGL) into Wednesday’s session, based on the 1-hour chart and GEX options data.
1️⃣ Price Action & Structure
* Tight coil: After last week’s rally to $257, GOOGL pulled back and is now pivoting near $251.5. The price is pressing against a short descending trendline—watch for a clean break.
* Upside trigger: A decisive hourly close over $252.9–254.8 sets up a retest of $257 and possibly $260.
* Support shelf: First line at $249–247, with stronger backing around $242–238.
2️⃣ GEX (Options Flow) Check
* Call magnets: Heavy gamma and call wall sit at $252.5 (≈86% call concentration), then $257.5 and $260. These can act as price magnets on strength.
* Put support: Major put zones rest at $242.5 and $237.5, keeping downside risk contained unless the market breaks lower.
* Flow profile: Calls account for about 35% of flow with IVR around 24.8, giving moderate premium costs.
3️⃣ Trading Thoughts
* Bullish scenario: Go long on an hourly close above $253. Targets $257–260, stop under $249.
* Bearish scenario: If price fails to break and slips under $247, expect a slide toward $242–238.
4️⃣ Option Angles
* Upside spread: 252.5/260 call spreads balance cost and upside potential.
* Neutral hedge: Selling puts at or below $240 is a way to collect premium if you trust the broader uptrend.
5️⃣ My View
GOOGL is quietly building energy after a strong run. A break over $253 with volume could invite a fast move to the upper-$250s. Until then, watch for a range between $247 and $253.
Disclaimer: This analysis is for educational discussion only and is not financial advice. Always do your own research and manage risk before trading.
1️⃣ Price Action & Structure
* Tight coil: After last week’s rally to $257, GOOGL pulled back and is now pivoting near $251.5. The price is pressing against a short descending trendline—watch for a clean break.
* Upside trigger: A decisive hourly close over $252.9–254.8 sets up a retest of $257 and possibly $260.
* Support shelf: First line at $249–247, with stronger backing around $242–238.
2️⃣ GEX (Options Flow) Check
* Call magnets: Heavy gamma and call wall sit at $252.5 (≈86% call concentration), then $257.5 and $260. These can act as price magnets on strength.
* Put support: Major put zones rest at $242.5 and $237.5, keeping downside risk contained unless the market breaks lower.
* Flow profile: Calls account for about 35% of flow with IVR around 24.8, giving moderate premium costs.
3️⃣ Trading Thoughts
* Bullish scenario: Go long on an hourly close above $253. Targets $257–260, stop under $249.
* Bearish scenario: If price fails to break and slips under $247, expect a slide toward $242–238.
4️⃣ Option Angles
* Upside spread: 252.5/260 call spreads balance cost and upside potential.
* Neutral hedge: Selling puts at or below $240 is a way to collect premium if you trust the broader uptrend.
5️⃣ My View
GOOGL is quietly building energy after a strong run. A break over $253 with volume could invite a fast move to the upper-$250s. Until then, watch for a range between $247 and $253.
Disclaimer: This analysis is for educational discussion only and is not financial advice. Always do your own research and manage risk before trading.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.