Alphabet Inc.'s stock (ticker: GOOGL) has experienced a notable upward movement in early August 2025, breaking through key resistance levels and approaching new highs. The stock surpassed the $197.95 resistance level, which was closely monitored by trading communities, and subsequently crossed the $200 mark. Following this breakout, GOOGL continued its bullish trend, achieving a daily solid bullish pattern and filling a gap from February. By mid-August, the stock closed at $201.42 and triggered a trade setup with a target price of $207 and a stop loss at $200.50. Market participants have been actively trading call spreads and options, with some taking profits after the stock's rise. The outlook remains positive, with expectations that GOOGL could reach an all-time high (ATH) near $207. This price action reflects a consolidation breakout and a continuation of the bullish momentum observed since February 2025.
$GOOGL 1000 Feb $225/$245 call spreads bought at $5.09. $GOOG buyer of 1000 Feb $210 calls at $16.80 offers
$googl on its way to $207 ATH IMHOP
Apple $AAPL midday spread buys 2500 December 2026 $240 puts at $27 and sells 2500 Feb $230 puts at $14.05 for diagonals likely playing for a sideways consolidation has its nearly neutral delta