I'll look up Google's current stock price and then find the appropriate options chain. Let me start by getting the latest intraday price and the options chain.Let me try a few things — get the adjusted close price instead, and also try the GOOG ticker class, and a broader expiration search.The options chain data is from 2026-07-22, but the options don't yet show a June 2027 expiration (which would be 2027-06-18). Let me check for that specific expiration and also look at the nearest available — the closest I can see is the 2027-06-17 expiry.

GOOGL last traded at $319.74 (adjusted close, July 24, 2026).

For a June 2027 ATM put, the nearest expiration is June 17, 2027 and the closest ATM strike is $320. Let me pull that specific data:

From the full chain, for the 2027-06-17 expiration:

Summary

GOOGL June 2027 ATM Put Option (Strike $320 — Exp. Jun 17, 2027)

• Underlying Price (Jul 24): $319.74
  
• ATM Put Price: ~$38.12 (last) / $36.75–$38.80 (bid-ask spread)
  
• Implied Volatility: 36%
  
• Delta: –0.40 (roughly 40% probability of finishing in the money)
  
• Open Interest: 3,853 contracts
  

This put represents about 12% of the stock price (~$38 premium on a ~$320 stock). The wide bid-ask ($2.05 spread) is typical for LEAPS this far out. The negative delta of –0.40 means it currently behaves like shorting ~40 shares per contract.

From the same options chain, for the June 17, 2027 expiration at the $200 strike:

GOOGL June 2027 $200 Strike Put

• Underlying: $319.74
  
• Strike: $200 (37% OTM)
  
• Put Price: ~$3.65 last / $3.30–$3.75 bid-ask
  
• IV: 39%
  
• Delta: –0.06 (roughly 6% probability of finishing ITM)
  
• OI: 1,636 contracts
  

A far out-of-the-money protective put — costs about 1.1% of the stock price (~$3.65 premium). The skew is visible in the higher IV at this tail strike (39% vs 36% at ATM).