Alphabet (GOOGL) Options Signal Bullish Bias: Key Strike Levels and Whale Moves Point to $330+ Upside Potential

• GOOGL trades at $320.63, up 0.95% with 14.7M shares traded. • Call open interest dominates (2.17M vs. 1.69M puts), with heavy concentration at $330 and $325. • Block trades show big money buying calls (e.g., GOOGL20251219C260) and puts (GOOGL20260320P235). • Gemini 3’s 650M weekly users and AI chip progress validate Alphabet’s long-term AI strategy.

Here’s the takeaway: GOOGL’s options market and technicals are screaming upside potential. The stock is perched above key support at $319.17, with momentum indicators (MACD, RSI) still bullish. But let’s dig into why this isn’t just noise.

Bullish OI Clusters and Whale Moves Signal a Breakout Play

Options traders are piling into calls at $330 (22,566 contracts) and $325 (17,128), while puts at $280 (20,840) hint at cautious hedging. The put/call ratio of 0.78 for open interest means bulls are in control. But here’s the kicker: block trades like GOOGL20251219C260 (1,000 calls bought) and GOOGL20260320P235 (500 puts bought) suggest big players are positioning for a mid-term rally. These strikes align with Bollinger Bands’ upper bound ($333.56) and the 30D MA ($290.69), making $330 a psychological ceiling to watch.

Gemini 3 and AI Chips Fuel the Narrative

Google’s Gemini 3 isn’t just a headline—it’s a catalyst. With 650M weekly users and integration into Google Search, this AI model is driving real-world adoption. Analysts at Pivotal Research even raised the price target to $400, citing TPUs’ $13B revenue potential by 2027. The news flow validates the options market’s bullish tilt: if AI adoption accelerates, GOOGL could break above $330 and test the 200D MA at $204.68 (a long way up, but not impossible in a hot AI sector).

Actionable Trades for Today: Calls, Breakouts, and a Put Spread

1. Options Play: Buy GOOGL20251212C330 (this Friday’s $330 call). With the stock at $320.63, this strike offers leverage if GOOGL closes above $330. For a longer-term bet, GOOGL20251219C260 (buy-to-open) could capitalize on the block trade activity.
2. Stock Play: Enter long near $319.17 (intraday low) with a stop below $315. Target $325–$330 first, then $335 if the 30D MA breaks.
3. Hedge: Sell GOOGL20251212P280 (this Friday’s $280 put) to collect premium while capping downside risk.

Volatility on the Horizon: Why This Setup Matters

Alphabet’s options market isn’t just betting on a short-term pop—it’s pricing in a structural shift. The block trades at $260 calls and $235 puts suggest volatility will widen in early 2026. If Gemini 3 keeps winning users and TPUs gain traction, GOOGL could see a parabolic move. But don’t ignore the $280–$285 support zone: a break below that would trigger puts and force a reevaluation of the AI narrative.

Bottom line: Today’s options flow and news align to create a high-probability bullish setup. The stock has momentum, big money is moving, and the fundamentals are firing. But as always, keep a tight stop and watch those RSI levels—they’re already near overbought territory. This isn’t a guaranteed win, but it’s a trade that respects both the data and the story.