🔍 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.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.