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Options Corner: Alphabet Sees Whales With a Lot of Money Take Bullish Stance

Benzinga ·  May 2 15:58

Whales with a lot of money to spend have taken a noticeably bullish stance onAlphabet.

Looking at options history for$Alphabet-A (GOOGL.US)$we detected 63 trades.

If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 38% with bearish.

From the overall spotted trades, 26 are puts, for a total amount of $1,650,825 and 37, calls, for a total amount of $1,831,787.

What's The Price Target?

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $95.0 to $200.0 for Alphabet during...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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