Earnings Focus: Alphabet
2022.04.27 10:46
Here is the third (and I think most ) big tech earnings announcement which came on Tuesday afternoon: Alphabet (NASDAQ:GOOGL) (known by 99.9999999% of thinking people as simply Google, also kind of suggested by the GOOGL ticker symbol).
GOOGL – Alphabet Stock Chart
I found this chart terrifically exciting. In fact, of the three stocks I’ve discussed in these posts, this was the one I planned to target with an actual position.
GOOGL-Alphabet Class A Chart
The IV Rank showed that I’m not the only one getting worked up about what was happening with Alphabet. We were basically mashed at the top off the 0-100 chart with One Year Extremes as the basis of the calculation.
Options are very richly-valued.
GOOGL-Alphabet Class A Price Chart
Not surprisingly, plain old 30-day volatility was likewise showing loftiness.
GOOGL-Alphabet Class A Chart
I wasn’t getting fancy with this, considering how expensive and pricey the options were. I thought I’d just do a simple short-sale. (Update: I composed this post pre-market; I shorted it promptly at the open; please note that none of these charts include Tuesday’s activity).
