Monday Setup Loaded 🚀
🧠 GEX-Based Options Sentiment:
GOOGL is sitting just below $180, which marks the 2nd CALL Wall and a high GEX congestion zone. This level is critical — the next major gamma unlock happens only if price sustains above this.
The Highest Positive Net GEX / Gamma Wall is stacked right at $175, and price already blasted through it Friday. This shows strength, but now we’re at the top of the gamma range — any failure here may result in quick mean reversion.
Below $172.50 is the top of the magnet zone, and below that, a flush could pull price to $169.94 or $168.21, especially if momentum fades and GEX unwinds. The final gamma floor sits at $162.00, where HVL and the PUT walls cluster.
IVR is currently 30, which is mid-range, making both debit spreads and directional trades viable. The CALL flow is strong at 19.8%, showing some bullish imbalance — but keep in mind this could turn quickly if $180 resists.
🔧 Options Trade Setup (for Monday–Wednesday):
Bullish Scenario: If GOOGL clears $180 and sustains, this could ignite a gamma squeeze toward $182.50–$185, where GEX6 and GEX8 levels lie. Consider a CALL debit spread, such as 180c/185c (Jul 3 or Jul 5 expiry). Stop out if price closes back under $177.50.
Bearish Scenario: If GOOGL gets rejected near $180 and breaks back below $175, especially during the opening hour, that opens room for a pullback to $172.50 or $170. Consider 175p or 172.5p with Jul 3 expiry. Exit if the stock reclaims $178+ with momentum.
📉 Intraday Technical Structure (1H Chart):
Price action on the 1H chart is showing a recent BOS, followed by a CHoCH just before the breakout. GOOGL exploded above the previous CHoCH and reclaimed trendline structure — that’s a strong bullish signal short term.
Volume on the breakout candle is significant, but the candle closed just under the $180 zone, hinting that supply is waiting up here.
If bulls can consolidate above $177.50 and absorb that supply, we likely see a fast push higher. But if Monday opens with weakness and sellers defend $180 again, GOOGL could quickly retrace into the upper demand zone around $172.50–$170.
📌 Key Levels to Watch:
$180.00 – Major gamma resistance / breakout line $178.15 – Friday high $175.00 – Gamma wall already broken (now support) $172.50 – Top of GEX magnet zone $169.94 – Demand zone + former BOS area $168.21 – Last intraday structural support $162.00 – HVL + strong PUT wall gamma support
✅ Monday Game Plan:
Let Monday open decide the move. If GOOGL immediately clears and holds above $180 with volume, that’s your breakout confirmation — go with the bulls. If price struggles at $180 and slips under $175 again, look for weakness to compound and bring in a short setup targeting the mid-$170s.
Either way, this is a high-conviction inflection point — don’t chase early, wait for confirmation and let the gamma zones guide your risk.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk carefully.
🧠 GEX-Based Options Sentiment:
GOOGL is sitting just below $180, which marks the 2nd CALL Wall and a high GEX congestion zone. This level is critical — the next major gamma unlock happens only if price sustains above this.
The Highest Positive Net GEX / Gamma Wall is stacked right at $175, and price already blasted through it Friday. This shows strength, but now we’re at the top of the gamma range — any failure here may result in quick mean reversion.
Below $172.50 is the top of the magnet zone, and below that, a flush could pull price to $169.94 or $168.21, especially if momentum fades and GEX unwinds. The final gamma floor sits at $162.00, where HVL and the PUT walls cluster.
IVR is currently 30, which is mid-range, making both debit spreads and directional trades viable. The CALL flow is strong at 19.8%, showing some bullish imbalance — but keep in mind this could turn quickly if $180 resists.
🔧 Options Trade Setup (for Monday–Wednesday):
Bullish Scenario: If GOOGL clears $180 and sustains, this could ignite a gamma squeeze toward $182.50–$185, where GEX6 and GEX8 levels lie. Consider a CALL debit spread, such as 180c/185c (Jul 3 or Jul 5 expiry). Stop out if price closes back under $177.50.
Bearish Scenario: If GOOGL gets rejected near $180 and breaks back below $175, especially during the opening hour, that opens room for a pullback to $172.50 or $170. Consider 175p or 172.5p with Jul 3 expiry. Exit if the stock reclaims $178+ with momentum.
📉 Intraday Technical Structure (1H Chart):
Price action on the 1H chart is showing a recent BOS, followed by a CHoCH just before the breakout. GOOGL exploded above the previous CHoCH and reclaimed trendline structure — that’s a strong bullish signal short term.
Volume on the breakout candle is significant, but the candle closed just under the $180 zone, hinting that supply is waiting up here.
If bulls can consolidate above $177.50 and absorb that supply, we likely see a fast push higher. But if Monday opens with weakness and sellers defend $180 again, GOOGL could quickly retrace into the upper demand zone around $172.50–$170.
📌 Key Levels to Watch:
$180.00 – Major gamma resistance / breakout line $178.15 – Friday high $175.00 – Gamma wall already broken (now support) $172.50 – Top of GEX magnet zone $169.94 – Demand zone + former BOS area $168.21 – Last intraday structural support $162.00 – HVL + strong PUT wall gamma support
✅ Monday Game Plan:
Let Monday open decide the move. If GOOGL immediately clears and holds above $180 with volume, that’s your breakout confirmation — go with the bulls. If price struggles at $180 and slips under $175 again, look for weakness to compound and bring in a short setup targeting the mid-$170s.
Either way, this is a high-conviction inflection point — don’t chase early, wait for confirmation and let the gamma zones guide your risk.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk carefully.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.