GOOGL GEX & Bullish Decision Point at 320

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GOOGL GEX & Bullish Decision Point at 320Alphabet Inc.NASDAQ:GOOGLTanukiTradeFebruary 20 Expiration – GEX & Options Structure Looking at the February 20 expiration, the options and GEX structure suggests that price is currently sitting at a critical decision zone. Put side The chart shows a clear put support level around 310. Price has briefly traded through this level, but there has been no strong downside continuation. This keeps the scenario alive that 310 can still act as put support into this expiration. Call side / Decision point The next core resistance is located around 320. This level represents a bullish decision zone. A clean break and acceptance above 320 could quickly shift dealer positioning. Such a move would open the door for a potential gamma squeeze to the upside. Technical context Since summer, this is already the third similar bull flag structure on the daily chart. The previous two structures resolved to the upside. The current pattern has not yet confirmed a breakout. This makes the 320 level especially important for technical confirmation. Upside scenario If price accepts above 320, the next logical magnet becomes the next core resistance. Based on daily structure and call wall positioning, this sits around 350. Volatility & Skew Core pricing skew is currently around +25%, favoring calls. Implied volatility has been compressing for several sessions. This supports the idea that a directional expansion could follow once price resolves this range. Summary 310 = key put support 320 = bullish decision point Acceptance above 320 increases the probability of gamma-driven upside toward higher call resistance levels