# Alphabet shares appear to have bottomed. How to play it for a quick rebound

- URL: https://talkfuse.com/story/alphabet-shares-appear-to-have-bottomed-how-to-play-it-for-a-quick-rebound/
- Published: 2026-11-10T18:15:24+00:00
- Updated: 2026-11-11T08:55:28+00:00
- Original publisher: CNBC (publisher lean: Centre)
- Original article: https://www.cnbc.com/2026/11/10/alphabet-shares-appear-to-have-bottomed-how-to-play-it-for-a-quick-rebound.html
- Topics: Business, Markets

## Key points

- Alphabet is still 11.3% below its pre-earnings price.
- A December call spread targets a rebound to $300.
- The strategy risks $707 per spread and could leave investors holding shares.

## Summary

Alphabet shares remain 11.3% below their pre-earnings closing price of $324.89, having recovered only a small part of their sharp post-results fall. The article describes an options strategy based on the view that the shares could rebound further over the coming weeks.

The proposed call spread expires on 18 December, with a long $285 call and a short $300 call. Its breakeven is $292.07, with a theoretical 47% probability of profit and a maximum gain of $793 per spread if shares finish at or above $300; the maximum loss is $707 if they finish at or below $285. Investors could end up holding 100 shares per spread if the stock closes between those prices, while Nvidia’s 17 November results, interest rates, energy costs and data-centre scrutiny are cited as factors that could affect the outlook.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.