GOOG vs GOOGL: What's the Difference?
Both are share classes of Alphabet — here's how they differ, side by side.
Why are there two tickers — GOOG and GOOGL?
Both tickers are the same company — Alphabet, the parent of Google. GOOGL is the Class A share and carries one vote per share; GOOG is the Class C share and has no voting rights (the Class B super-voting shares are held by the founders and aren't publicly traded). Economically the two are almost identical and trade within pennies of each other, so their options risk, IV Rank and implied volatility are effectively the same. Choose GOOGL if you want a shareholder vote, GOOG if you only care about price exposure — GOOGL is usually marginally more liquid in the options market.
Which has higher options risk?
Both carry an identical options risk score of 100 right now. For selling option premium, Alphabet Inc. (GOOG) has the better edge score (-30) — a stronger blend of high IV Rank and low risk.
Risk score (0–100) reflects active catalysts — earnings, legal, SEC filings and news. Edge score = IV Rank − risk score; higher is better for selling premium.
GOOG risk pages
More Communication Services comparisons
TickerRisk provides risk scoring for informational purposes only. Not financial advice. Options trading involves substantial risk of loss. Full disclaimer