Jan. 23 at 10:31 PM
$GOOG $GOOGL ... It looks like Whales (aka Smart Money) w/ tons of 💰 to burn, have taken a noticeably 𝗯𝘂𝗹𝗹𝗶𝘀𝗵 stance on Alphabet based on recent options activity.
Currently and based on overall spotted trades, 31 are puts, for a total amount of
$2,429,427 and 𝟴𝟯 𝗰𝗮𝗹𝗹𝘀, for a total amount of
$6,831,548.
Furthermore, after evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between
$340 &
$365 for Alphabet. And with the next earnings report scheduled for 12 days from now. Chances that this stock could at least reach the 340 level seem quite attainable.
Additionally, over the course of the last month, five analysts have released ratings on this stock with an average target price of ~
$363. The lowest being
$345 from UBS, while the highest was
$390 from Canaccord Genuity.
