July 22, 2026

What Options Flow Is Saying Ahead of Google Earnings

Scott Bauer joined Fox Business live from the CBOE floor ahead of the big Google earnings report to break down what options flow is signaling and why the CapEx number may matter more than the earnings themselves. 

Scott covers:

  • What options flow is signaling ahead of Google earnings and why the market is pricing in a wide range of outcomes
  • The CapEx number Scott says Google needs to hit and why going too high or too low could both spook the market
  • Why index volatility is historically cheap right now and what that means for investors who want to stay long
  • How he is balancing long exposure with inexpensive downside protection using index puts and VIX calls

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