Alphabet Stock Bears: Options Trading Suggests Correction on the Horizon

Alphabet Inc.'s stock has been trending upward over the past year, but some investors are still wary of its options trading. A recent trend in bearish options trading on Alphabet's stock suggests that some market participants believe the search giant's stock may be due for a correction.

The data shows that put-call ratio, which measures the number of put options versus call options, has been increasing over the past few weeks. This indicates that investors are becoming more bearish on Alphabet's stock, at least in the short term.

As of March 2023, the put-call ratio for Alphabet Inc.'s stock was around 1.2, which is higher than its historical average. This suggests that investors are buying more put options than call options, indicating a bearish sentiment towards the stock.