Notable option activity: GOOG, FSLR, AXP

Alphabet (GOOGL) and First Solar (FSLR) saw significant option activity on Thursday, with traders favoring bullish call spreads for GOOGL and large volume for FSLR. GOOGL's recent price action has been positive, bouncing off the 20-day moving average, while FSLR's options volume represented a substantial 66.9% of its average daily trading volume.

The increased bullish sentiment around GOOGL could indicate expectations of strong earnings or positive news from the tech giant, potentially driving growth in the broader technology sector. For FSLR, the high options volume suggests significant interest in the solar energy company, which could impact the renewable energy sector.

Investors should watch for Alphabet's Q1 2023 earnings release on February 1st to validate the bullish call spreads. Additionally, they should monitor First Solar's options activity and price action leading up to its Q1 2023 earnings report on May 2nd.