GOOP is trading 3% higher today as Alphabet shares rally amid a broader Nasdaq tech rebound.
- The fund, which employs a covered-call strategy on Alphabet, is benefiting from positive sentiment in large-cap tech following strong cloud earnings from Microsoft and Amazon.
- GOOP is outperforming the mixed broader market as investors rotate back into option-income products tied to major tech names.
- The move comes as the Nasdaq continues its recovery on July 31, 2026, driven by strength in the cloud and AI sectors.