Alphabet Shares Rise 0.7% Approaching $166, Outperform Nasdaq-100 ETF 0.2% After Apple News; July 175 Calls Up 150%
Alphabet Inc.'s stock (GOOGL) has surged by 0.7%, outperforming the broader Nasdaq-100 ETF (QQQ), which rose by 0.2%. This rally follows a recovery from a previous drop triggered by comments related to Apple Inc. (AAPL). Market activity shows a high volume of call options for GOOGL, with 219,000 calls versus 56,000 puts, indicating strong bullish sentiment. Some investors reported significant gains on longer-dated call options, with July 175 strike calls nearly doubling in value. Technical analysis suggests GOOGL is approaching the 166 price level and is on track for its best weekly performance in over a year.
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LuxAlgo
Incredible. $GOOGL is on track for its BEST week in over a year. 📈 https://t.co/YYtNBpFvtH
Wall St Engine Took advantage of the dip in $GOOGL last week after the $AAPL Cue comments and flagged the long setup around 150 in Discord. The calls are paying off—longer-dated ones are up over 60%, and the July 175Cs are pushing close to 150%. Stock's fully bounced back from that day’s drop. https://t.co/rJmo16Zv4G
Ripster $GOOGL 166 almost on deck 🚀🚀 Check out the Swing setup as well https://t.co/4RhxQCmJ88
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