Technical analysis by BullBearInsights about Symbol GOOGLX on 7/31/2025

GOOGL Eyeing Gamma Squeeze to $202? Smart Money Sets the Trap! 🔍 GEX & Options Flow Insight GOOGL is trading around $196 and sitting just under the 2nd Call Wall at $197.5, with a visible Gamma Wall / Resistance around the psychological $200 level. Here's how GEX is positioned: * Call Walls: * 📍 $197.5 → Current hot zone (2nd CALL Wall — 91.21%) * 📍 $200.00 → Highest Positive NET GEX / Gamma Resistance * 📍 $202.5 and above → Extreme GEX buildup with potential squeeze fuel * Put Support: * 🚨 $188.41 → Strong PUT Support (−16.52%) * 🔻 Below that: Risk increases toward $187.5 (major demand zone) * Volatility Context: * IVR 15.8 and IVx Avg 31.1 → IV is relatively low * Calls Outweigh Puts (12.6%) → Bullish GEX skew * Green GEX, Green Sentiment, Long Gamma Zone Active ✅ Option Trading Suggestion: Bias: Moderately bullish with potential for gamma-driven breakout
Strategy: Debit Call Spread or Naked Call if aggressive * Entry Idea: Buy GOOGL 195C / Sell 200C (or 202.5C) for Aug 2 or Aug 9 expiration * Risk: Tight invalidation below 194.50 (under price structure) * Target: $200–202.5 (Gamma Wall exhaustion) Why this works: Price is coiled just under a heavy call wall. If GOOGL pushes above $197.5 with volume, gamma hedging can amplify the move to $200+ — where dealers are net short calls and may have to buy shares to hedge. 🧠 Technical Analysis (1H Chart) Market Structure: * ✅ Bullish Break of Structure (BOS) confirmed on July 29 * ⚠️ Change of Character (CHoCH) seen on July 30 with a mild pullback * Currently trading inside a rising channel, respecting trendline support Trendline: * Upper trendline rejection seen at ~198 * Lower channel support aligning near 195–195.5 Smart Money Concepts (SMC): * Order Block Zone formed around 195.75–195.97 = current support * Premium/Discount zone separation validates possible retest and continuation * Purple Box = Supply Zone → Sellers active below 198.50 🔄 Price Action & Key Levels * Support Zones: * 📌 195.75–195.97 → Order block + Trendline * 📌 194.91 → Minor support + fib confluence * 🚨 191.56–190.85 → Liquidity pocket below CHoCH * Resistance Zones: * 🚩 197.5–198.5 → Call Wall + Prior swing highs * 🔼 200.0–202.5 → Gamma squeeze zone / possible parabolic move 📉 Bearish Reversal Zone If GOOGL fails to reclaim 197.5 or gets rejected again at 198.5: * Expect retracement toward 195.7 → 194.91 * Breakdown below 194.91 → Opens test of CHoCH zone and fills inefficiency to 191–192 range 🔁 Summary Thoughts * GOOGL is consolidating near a high-conviction breakout zone. * GEX flow favors bullish continuation with strong gamma clustering above. * Smart Money has already swept liquidity and flipped structure; bulls are in control if they defend the OB. * Scalpers can long dips to 195.75 with stop under 194.91, targeting 198–202. * Avoid calls above 202.5 unless new GEX builds show extended flow. 🚨 Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk accordingly.