🔮 GEX (Gamma Exposure) – Options Sentiment Analysis
🚨 Key PUT Pressure Zone at 155–152.5
* GOOGL is currently hovering above its highest negative GEX level at 155.14, which aligns with a thick PUT support wall.
* A breakdown below 155 could trigger gamma-induced acceleration to 152.5, then quickly toward 150, where another major PUT wall sits.
🧱 Resistance Cluster Overhead at 157.5–162.5
* GEX shows a dense band of CALL resistance forming between 157.5 and 162.5, topped off by another CALL wall around 165.
* Dealers will likely hedge downward moves aggressively below 155, while upside attempts could struggle to break through the 160–162 band unless sentiment flips.
💡 Options Data Summary:
* IVR: 54.6 → Elevated implied volatility rank, indicating heightened option premiums.
* IVx: 46.6 with a –10.67% drop, suggesting traders are de-risking or volatility is being absorbed.
* PUTS make up 15.8%, which is moderate but growing — enough to trigger strong downside gamma flows if breakdown happens.
🎯 GEX Scenario Outlook:
* Bearish Trigger: A flush under 155 likely unlocks 152 → 150 → 145 range targets fast.
* Bullish Reversal: Needs to reclaim 157.5, then challenge the 160–162.5 zone, where CALL hedging could stall any rally.
🕰️ Technical Analysis – 1H Chart Summary
Trend Weakening:
* GOOGL is breaking down from a rising wedge and has lost VWAP and short EMAs.
* Selling volume is increasing while momentum fades — confirming short-term bearish bias.
MACD:
* Bearish crossover confirmed, histogram widening on the downside.
RSI:
* Sliding under 40, no sign of bullish divergence — momentum supports further downside.
Key Technical Zones:
* Support: 155.14 (GEX support), 152, 149.96, 141.78
* Resistance: 157.5, 160, 162.31
🧠 Final Thoughts:
GOOGL is resting on critical GEX PUT support at 155 — a break here could act like a trapdoor to 150 or even sub-145 levels. On the other hand, bulls must break through layered CALL walls up to 162.5 to regain any control.
With IV cooling, GEX dominant to the downside, and technicals aligning, caution is key. Wait for confirmation — this is a gamma-driven battleground.
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk accordingly.
🚨 Key PUT Pressure Zone at 155–152.5
* GOOGL is currently hovering above its highest negative GEX level at 155.14, which aligns with a thick PUT support wall.
* A breakdown below 155 could trigger gamma-induced acceleration to 152.5, then quickly toward 150, where another major PUT wall sits.
🧱 Resistance Cluster Overhead at 157.5–162.5
* GEX shows a dense band of CALL resistance forming between 157.5 and 162.5, topped off by another CALL wall around 165.
* Dealers will likely hedge downward moves aggressively below 155, while upside attempts could struggle to break through the 160–162 band unless sentiment flips.
💡 Options Data Summary:
* IVR: 54.6 → Elevated implied volatility rank, indicating heightened option premiums.
* IVx: 46.6 with a –10.67% drop, suggesting traders are de-risking or volatility is being absorbed.
* PUTS make up 15.8%, which is moderate but growing — enough to trigger strong downside gamma flows if breakdown happens.
🎯 GEX Scenario Outlook:
* Bearish Trigger: A flush under 155 likely unlocks 152 → 150 → 145 range targets fast.
* Bullish Reversal: Needs to reclaim 157.5, then challenge the 160–162.5 zone, where CALL hedging could stall any rally.
🕰️ Technical Analysis – 1H Chart Summary
Trend Weakening:
* GOOGL is breaking down from a rising wedge and has lost VWAP and short EMAs.
* Selling volume is increasing while momentum fades — confirming short-term bearish bias.
MACD:
* Bearish crossover confirmed, histogram widening on the downside.
RSI:
* Sliding under 40, no sign of bullish divergence — momentum supports further downside.
Key Technical Zones:
* Support: 155.14 (GEX support), 152, 149.96, 141.78
* Resistance: 157.5, 160, 162.31
🧠 Final Thoughts:
GOOGL is resting on critical GEX PUT support at 155 — a break here could act like a trapdoor to 150 or even sub-145 levels. On the other hand, bulls must break through layered CALL walls up to 162.5 to regain any control.
With IV cooling, GEX dominant to the downside, and technicals aligning, caution is key. Wait for confirmation — this is a gamma-driven battleground.
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk accordingly.
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.