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GOOGL Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure

Analyze the complete GOOGL options chain including strike-level open interest, real-time implied volatility (IV), max pain levels, gamma exposure, dealer positioning, and options flow trends. This dashboard provides data-driven insights for traders building directional or hedging strategies around GOOGL.

Latest Data: 2026-07-20 (EDT)
Max Pain Price
370
Exp: 2026-07-20
Gamma Flip
345.67
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.731
Shows put vs call positioning
IV Skew
-6.97
Put–call IV difference
Max Pain Price Volatility
σ = 48.83
high volatility
Confidence 50%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options data shows a moderate bullish tilt. There is some directional support, though momentum remains limited. Options Chian

On the put side, the bearish positioning looks mainly like hedging. This reflects caution and short-term protection rather than a true bearish call. Confidence: 100%

Current DPI is 0.503(bullish). Bullish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions remain relatively smooth. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-08-21 options expiry. 100% confidence

The support levels for GOOGL are at 342.87, 332.23, and 290.16, while the resistance levels are at 361.11, 371.75, and 413.82. The pivot point, a key reference price for traders, is at 370.00.

Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)

Expiry 2026-07-20 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is bearish (-0.50), pin strength 0.90.


Based on same-day expiring options (0DTE), the ATM straddle implies an 1.40% standardized 1-day equivalent move, serving as an intraday volatility reference.


The implied intraday range is approximately 344.70 355.15 , corresponding to +0.90% / -2.07% .

Estimated using ATM implied volatility, OTM option flow, and dealer hedging conditions to capture the market-implied price range.


Bullish flow suggests upside interest toward 355.60 (1.03% above spot).

Bearish positioning points to downside pressure toward 341.43 (3.00% below spot).


Options flow strength: 0.81 (0–1 scale). ATM Strike: 352.50, Call: 4.70, Put: 0.22, Straddle Cost: 4.92.


Price moves are likely to stay range-bound. The short-term gamma flip is near 346.08 , with intermediate positioning around 345.67 . The mid-term gamma flip remains near 345.73.