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Massive Returns from Alphabet (GOOGL) Call Options Deliver Outstanding Performance

Upside option positions are delivering exceptional profits in Alphabet Inc. (GOOGL). On April 25, Market Rebellion’s Unusual Option Activity Service identified the purchase of 30,000 October $200 call options for $3.05 to $3.30 per contract, with GOOGL shares trading between $161.90-$162.94, significantly exceeding the strike’s previous open interest of 970 contracts. The timing proved remarkably […]

By Chris Sykora · September 3, 2025
Massive Returns from Alphabet (GOOGL) Call Options Deliver Outstanding Performance

Upside option positions are delivering exceptional profits in Alphabet Inc. (GOOGL).

On April 25, Market Rebellion’s Unusual Option Activity Service identified the purchase of 30,000 October $200 call options for $3.05 to $3.30 per contract, with GOOGL shares trading between $161.90-$162.94, significantly exceeding the strike’s previous open interest of 970 contracts.

The timing proved remarkably fortuitous, as the massive options position was established well ahead of what would become a substantial rally in the tech giant’s shares over the following months.

Those October $200 calls have traded as high as $33.00 today with the stock at $230.93, delivering impressive returns of approximately 900.00% to 981.97% from the initial entry price range of $3.05 to $3.30. Meanwhile, GOOGL shares gained approximately 41.72% to 42.45% from their initial trading level around $161.90-$162.94, demonstrating how options can deliver significantly amplified returns compared to simply owning the underlying stock.

This performance illustrates the power of options leverage when the directional thesis proves correct, though it’s important to note that this same leverage can work against traders when market moves go in the opposite direction.

The explosive move in GOOGL reflects both Alphabet’s continued strength across its core advertising business and a major legal victory in its high-profile antitrust case. The stock surged following yesterday’s federal court ruling that allows Google to retain control of its Chrome browser and Android mobile operating system, avoiding the most severe potential remedies that could have forced a breakup of the tech giant. The stock closed up 9.14% to $230.66, highlighting the sustained bullish momentum that has driven shares higher throughout 2025.

While the court banned exclusive distribution deals for Google’s search engine and Gemini AI technology and required the company to share some search data with competitors, investors celebrated that Judge Amit Mehta declined to accept the DOJ plan that would have forced Google to sell off its Chrome web browser. The company has also benefited from robust digital advertising recovery, strong growth in Google Cloud services, and increasing investor confidence in its AI capabilities and competitive positioning.

The strong performance reflects Alphabet’s dominant position in the search and digital advertising markets, combined with its expanding presence in cloud computing and artificial intelligence. GOOGL continues to demonstrate resilience across its diversified revenue streams, with the company’s substantial investments in AI technology and infrastructure positioning it well for long-term growth. Multiple analyst firms maintain bullish outlooks on the stock, citing the company’s strong competitive moats and ability to monetize emerging technologies.

Alphabet Inc. is a multinational technology conglomerate and the parent company of Google, founded through a corporate restructuring in 2015. Headquartered in Mountain View, California, Alphabet operates globally and encompasses Google’s core search and advertising businesses, YouTube, Google Cloud, and various other technology initiatives including autonomous driving through Waymo. The company went public in 2004 under the Google name and has established itself as one of the world’s most valuable technology companies through its dominant positions in search, digital advertising, and cloud services.

GOOGL closed the session up 9.14% at $230.66, representing the continued strength in this remarkable options success story.