IBD Flags Prospering GOOG for Bullish Put Spread Trade Amid High Ratings

Investor’s Business Daily highlights Alphabet (GOOG) as primed for a June bull put spread (sell 360/buy 355 for $0.70 premium) after Q1 results showed 82% adjusted EPS growth to $5.11 and top IBD ratings (Composite 99). The stock rallied 14% in five sessions to ~$379 by May 5, prompting Schwab's bullish chart call toward $396 despite resistance at $384. A TradingShot analyst countered with a bearish monthly RSI warning of a 45% drop to $225 by late 2026 after a potential $410-$420 peak, creating tension between technical risks and strong fundamentals like $109.9B revenue (+22% YoY) and Google Cloud's $20B (+63%).