GOOGL Options Chain

Type	Strike	Last	52wk High	52wk Low	Open Interest
CALL	$425.00	$2.68	$29.85	$1.12	1,563
CALL	$430.00	$2.35	$27.30	$1.04	1,842
CALL	$435.00	$2.01	$25.75	$1.20	737
CALL	$440.00	$1.74	$24.00	$0.78	3,439
CALL	$445.00	$1.50	$20.77	$0.71	812
PUT	$270.00	$1.65	$66.81	$0.88	5,978
PUT	$265.00	$1.36	$21.63	$0.74	1,428
PUT	$260.00	$1.12	$72.05	$0.55	4,154
PUT	$255.00	$0.96	$17.80	$0.51	2,163
PUT	$250.00	$0.79	$62.65	$0.42	6,238

Type	Strike	Last	52wk High	52wk Low	Open Interest
CALL	$425.00	$10.50	$39.10	$3.62	1,116
CALL	$430.00	$9.60	$39.05	$3.06	1,853
CALL	$435.00	$8.89	$37.98	$2.83	439
CALL	$440.00	$8.45	$34.10	$2.68	1,012
CALL	$445.00	$7.55	$34.15	$2.69	625
PUT	$270.00	$5.86	$50.50	$3.60	3,765
PUT	$265.00	$5.05	$46.25	$3.15	1,786
PUT	$260.00	$4.39	$72.10	$2.74	2,112
PUT	$255.00	$4.00	$39.50	$2.41	488
PUT	$250.00	$3.45	$60.11	$2.07	3,607

Type	Strike	Last	52wk High	52wk Low	Open Interest
CALL	$425.00	$12.73	$44.72	$3.98	1,472
CALL	$430.00	$11.90	$42.09	$3.75	3,035
CALL	$435.00	$10.98	$41.30	$3.75	1,412
CALL	$440.00	$10.18	$39.55	$3.20	3,216
CALL	$445.00	$9.40	$36.51	$3.35	526
PUT	$270.00	$6.80	$33.75	$4.32	3,726
PUT	$265.00	$6.30	$82.80	$3.89	7,515
PUT	$260.00	$5.60	$72.70	$3.32	4,365
PUT	$255.00	$4.75	$64.86	$2.98	2,470
PUT	$250.00	$4.15	$63.94	$2.61	10,528

Type	Strike	Last	52wk High	52wk Low	Open Interest
CALL	$425.00	$27.53	$62.30	$9.85	1,864
CALL	$430.00	$25.50	$58.31	$17.66	606
CALL	$435.00	$25.20	$55.40	$12.82	534
CALL	$440.00	$23.55	$56.42	$9.50	1,398
CALL	$445.00	$21.27	$48.57	$10.04	454
PUT	$270.00	$13.75	$53.54	$9.79	832
PUT	$265.00	$8.78	$48.82	$8.78	336
PUT	$260.00	$9.10	$59.43	$8.55	819
PUT	$255.00	$7.56	$44.05	$7.30	1,088
PUT	$250.00	$9.35	$55.13	$6.80	4,760

Type	Strike	Last	52wk High	52wk Low	Open Interest
CALL	$425.00	$42.43	$68.70	$25.95	142
CALL	$430.00	$33.69	$68.94	$32.90	234
CALL	$435.00	$33.50	$53.67	$24.20	44
CALL	$440.00	$30.89	$64.46	$13.90	193
CALL	$445.00	$30.45	$60.33	$29.75	43
PUT	$270.00	$17.10	$39.80	$12.33	112
PUT	$265.00	$13.75	$15.30	$12.20	14
PUT	$260.00	$11.50	$34.23	$10.94	195
PUT	$255.00	$11.98	$17.40	$10.26	96
PUT	$250.00	$12.10	$26.27	$9.55	563

Type	Strike	Last	52wk High	52wk Low	Open Interest
CALL	$425.00	$50.60	$76.33	$30.45	2,401
CALL	$430.00	$44.00	$78.10	$18.75	3,346
CALL	$435.00	$42.80	$72.50	$24.99	242
CALL	$440.00	$46.30	$72.50	$18.60	3,484
CALL	$445.00	$49.45	$70.81	$20.60	437
PUT	$270.00	$21.30	$48.02	$16.20	3,825
PUT	$265.00	$18.00	$44.80	$15.60	299
PUT	$260.00	$14.65	$48.52	$14.00	1,534
PUT	$255.00	$18.30	$40.00	$14.35	181
PUT	$250.00	$16.46	$44.00	$12.00	3,061

AI Commentary

Generated 2026-07-17 21:47 UTC · google/gemma-4-26B-A4B-it

GOOGL Derivatives Strategy Analysis

As of July 17, 2026, GOOGL spot sits at $346.77. The options chain reveals a market pricing in significant long-term stability with extreme discount pricing on near-term OTM volatility.

Best Collar Combinations

The following combinations prioritize minimizing capital outlay while establishing a hard floor for long-term holders.

Expiry	Put Strike	Call Strike	Net Cost	Scenario
2026-09-18	$270	$445	$0.15 Credit	Zero-Cost Alpha: Maximum upside capture with a deep downside floor.
2026-09-18	$270	$440	$0.09 Debit	Conservative Hedge: Low-cost protection for moderate growth targets.
2026-12-18	$270	$445	$1.69 Debit	Structural Overlay: Long-term protection for a sustained bull trend.

OI Hot Spots

The Put Wall (Jan 2027): Massive concentration at the $250 and $265 strikes (combined OI > 18,000 contracts). This

Costless Collar Matrix — $300 Floor

Spot $346.77 Floor $300.00 (-13.5% vs spot) 52wk High $408.61 52wk Low $183.71 Generated 2026-07-17 21:47 UTC

Collar structure: Buy put @ floor strike + sell call @ cap strike. For each expiry the call is solved as the OTM strike whose bid is closest to the put ask (net cost ≈ 0). Net cost = put ask − call bid. Credit = you receive cash. Debit = you pay.

Expiry	Put Strike	Put Ask	Call Strike (Cap)	Call Bid	Net Cost
2026-09-18 63d	$300.00 -13.5% vs spot	$4.90 bid $4.30 \| OI 7,153	$405.00 +16.8% vs spot	$4.50	$0.40 debit
2026-12-18 154d	$300.00 -13.5% vs spot	$12.80 bid $11.75 \| OI 6,143	$410.00 +18.2% vs spot	$13.30	$0.50 credit
2027-01-15 182d	$300.00 -13.5% vs spot	$13.75 bid $13.45 \| OI 12,382	$420.00 +21.1% vs spot	$14.00	$0.25 credit
2027-06-17 335d	$300.00 -13.5% vs spot	$22.90 bid $21.90 \| OI 5,995	$440.00 +26.9% vs spot	$22.80	$0.10 debit
2027-09-17 427d	$300.00 -13.5% vs spot	$27.80 bid $26.35 \| OI 637	$450.00 +29.8% vs spot	$27.90	$0.10 credit
2028-01-21 553d	$300.00 -13.5% vs spot	$32.55 bid $30.65 \| OI 3,700	$475.00 +37.0% vs spot	$32.45	$0.10 debit

Costless Collar Matrix — $500 Ceiling | Floor Solved

Spot $346.77 Ceiling $500.00 (+44.2% vs spot) 52wk High $408.61 52wk Low $183.71 Generated 2026-07-17 21:47 UTC

Collar structure: Sell call @ ceiling ($500) + buy put @ solved floor. For each expiry the floor put is the OTM strike whose ask is closest to the call bid (net cost ≈ 0). Net cost = put ask − call bid. Credit = you receive cash. Debit = you pay.