GOOGL Options Chain Analysis

Delayed CBOE data, snapshot 2026-08-17. Spot $343.7.

Put/Call (OI)

0.69

1.4M P / 2.0M C

Put/Call (Volume)

0.72

137k P / 190k C today

30d ATM IV

28%

annualized implied move

Call wall

$400

121k contracts

Put wall

$300

82k contracts

Tail hedging

0.7×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.69 puts per call outstanding.
●Call wall at $400 (121k contracts), 16% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $300 (82k contracts), 13% below spot — the hedge floor; often acts as support.

Open interest by strike

All expiries combined. Amber lines mark the call and put walls; the dashed line is spot.

IV term structure

At-the-money implied volatility per expiry.

Volatility smile

IV by strike — expiry 2026-09-18. A steep left side = expensive downside protection.

30-day implied volatility history

Daily ATM IV (~30 DTE bucket) collected since March 2026. Rising IV into an event = the market bracing; collapsing IV after = the crush.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume today
2026-08-19	13k	5k	0.37	30k
2026-08-21	316k	201k	0.64	63k
2026-08-24	2k	1k	0.49	4k
2026-08-26	883	689	0.78	2k
2026-08-28	34k	25k	0.72	16k
2026-08-31	0	0	—	642
2026-09-04	19k	12k	0.64	6k
2026-09-11	7k	10k	1.38	4k
2026-09-18	277k	208k	0.75	27k
2026-09-25	7k	5k	0.69	3k
2026-10-02	228	178	0.78	947
2026-10-16	204k	85k	0.41	15k
2026-11-20	89k	60k	0.68	5k
2026-12-18	194k	144k	0.74	6k
2027-01-15	278k	246k	0.88	8k
2027-02-19	11k	16k	1.44	2k
2027-03-19	47k	76k	1.61	2k
2027-06-17	114k	90k	0.78	4k
2027-09-17	21k	12k	0.58	1k
2027-12-17	84k	64k	0.75	2k
2028-01-21	172k	62k	0.36	2k
2028-06-16	38k	18k	0.46	150
2028-12-15	91k	55k	0.61	703

Source: CBOE delayed quotes, refreshed daily after US market close. Open interest is exchange-reported and lags one session. Research, not investment advice.