GOOGL Stock Shows Unusual Stock Options Activity with Large Puts and Calls Trades

GOOGL stock (Alphabet Class A stock) showed large unusual options activity, mostly near-term in- and at-the-money (ATM) put trades, on Wednesday, Nov. 22. This could be an intricate income play.

This was highlighted in a unique Barchart report called the Unusual Stock Options Activity Report. For example, 5 of the 6 large options tranches were in- and at-the-money put option trades for near-term expiration periods, including this Friday, Nov. 24, Dec. 1, and Dec. 15. There was also one large call option tranche for expiration on Dec. 15, slightly out-of-the-money.