GOOGL Option Flow Suggests Opportunity Ahead

🧠 GEX Sentiment Breakdown (Options Insights):
From the GEX data:
* GEX is green with 3 bullish signals ✅
* Call flow dominance at 21.3%, showing stronger bullish participation
* IVR: 37.1 — implying slightly elevated premium conditions, which benefits directional plays
* Key Levels:
* $180 → Major Call Wall (profit-taking & resistance)
* $177.5 → 3rd Call Wall (possible stall zone)
* $175 → 2nd Call Wall, currently being tested
* $172.5 → HVL + GEX Support, critical for bulls to defend
* $170 → Next GEX flip zone
💡 Trade Bias from GEX:
→ BUY CALLS if price reclaims and holds above $175 with momentum
→ Avoid CALLS if it rejects $175 and drops under $172.5 — at that point, PUTs become viable

📉 1H Price Action (Intraday Game Plan):

Based on the second chart:
* GOOGL is consolidating just below a recent CHoCH zone (change of character), forming a tight range under a bearish breaker block at $176–$178
* Trendline from June breakout was broken and is now acting as dynamic resistance
* If $175.80–176.20 gets rejected again, we may see a move down to test $172.50 or deeper into demand zone near $170–$168

📊 Intraday Setup Ideas:
🔼 Bullish Setup (CALLS):
* Entry: Above $176.20 with strong volume
* Target: $178 → $180 (Gamma Wall & resistance)
* Stop: Below $174.80
* Best if IV stays stable and GEX remains bullish
🔽 Bearish Setup (PUTS):
* Entry: Rejection at $176 → enter short or PUTs below $174.50
* Target: $172.35 → $170
* Stop: Above $176.50
* Confirmation if GEX flips or if IV spikes and GEX green dots disappear

🎯 My Thoughts:
This is a tricky zone. GOOGL is sandwiched between resistance at $176 and support at $172.5. GEX flow supports buying CALLs on strength, but price needs to break above $176 to make that valid. Watch for any gap open or strong push with volume for confirmation. If the market stays weak, don’t chase CALLs blindly — the safer play is fading into $170.

Disclaimer:
This breakdown is for educational use only — not financial advice. Trade at your own risk, manage position sizing, and stay disciplined.