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S&P 500 Stock Market Gamma Trading Levels Based on Options Open Interest

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GOOGL

Oct 28 2026

Options Action Live: Call Selling Can Cap Mega-Cap Upside

Options Action Live: Call Selling Can Cap Mega-Cap Upside

Positive gamma resistance from mega-cap call selling can cap upside into earnings. See how dealer hedging and implied moves shaped Microsoft and Oracle.

Written by SpotGamma · Categorized: Market Analysis · Tagged: CNBC, dealer hedging, earnings, gamma, GOOGL, Implied Move, implied volatility, MSFT, ORCL

Oct 27 2026

GOOGL & MSFT Earnings Preview: Two AI Hyperscalers, One Big Test for the Options Market

GOOGL & MSFT Earnings Preview: Two AI Hyperscalers, One Big Test for the Options Market

Wednesday evening brings one of the most consequential earnings events of the quarter as Alphabet and Microsoft report results within an hour of each other.

Written by SpotGamma · Categorized: Market Analysis · Tagged: dealer gamma, earnings, gamma, GOOGL, implied volatility, MSFT, volatility

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  • Options Action Live: Call Selling Can Cap Mega-Cap Upside
  • A Tech-Led Rally the Volatility Surface Has Not Confirmed
  • GOOGL & MSFT Earnings Preview: Two AI Hyperscalers, One Big Test for the Options Market
  • FOMC Preview: A Fed Pause Meets a Fragile Options Market
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