Spotlight on Amazon.com: Analyzing the Surge in Options Activity

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Investors with a lot of money to spend have taken a bearish stance on Amazon.com AMZN.

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with AMZN, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 19 uncommon options trades for Amazon.com.

This isn't normal.

The overall sentiment of these big-money traders is split between 31% bullish and 52%, bearish.

Out of all of the special options we uncovered, 4 are puts, for a total amount of $255,429, and 15 are calls, for a total amount of $675,175.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $160.0 to $320.0 for Amazon.com over the recent three months.

Insights into Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Amazon.com options trades today is 8669.88 with a total volume of 30,024.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Amazon.com's big money trades within a strike price range of $160.0 to $320.0 over the last 30 days.

Amazon.com Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
AMZN PUT TRADE NEUTRAL 01/16/26 $86.5 $85.45 $85.94 $320.00 $128.9K 0 15
AMZN CALL SWEEP BULLISH 01/24/25 $1.47 $1.46 $1.47 $235.00 $88.2K 23.7K 7.7K
AMZN CALL TRADE NEUTRAL 05/16/25 $15.3 $15.2 $15.25 $240.00 $76.2K 1.6K 118
AMZN PUT SWEEP BULLISH 06/18/26 $28.3 $28.1 $28.1 $235.00 $67.4K 86 35
AMZN CALL TRADE BULLISH 02/21/25 $9.35 $9.25 $9.35 $235.00 $56.1K 28.7K 774

About Amazon.com

Amazon is the leading online retailer and marketplace for third party sellers. Retail related revenue represents approximately 75% of total, followed by Amazon Web Services' cloud computing, storage, database, and other offerings (15%), advertising services (5% to 10%), and other the remainder. International segments constitute 25% to 30% of Amazon's non-AWS sales, led by Germany, the United Kingdom, and Japan.

After a thorough review of the options trading surrounding Amazon.com, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Where Is Amazon.com Standing Right Now?

  • With a volume of 6,086,756, the price of AMZN is down -0.38% at $234.53.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 13 days.

Expert Opinions on Amazon.com

In the last month, 5 experts released ratings on this stock with an average target price of $268.0.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Morgan Stanley persists with their Overweight rating on Amazon.com, maintaining a target price of $280. * Reflecting concerns, an analyst from Cantor Fitzgerald lowers its rating to Overweight with a new price target of $270. * An analyst from Raymond James persists with their Strong Buy rating on Amazon.com, maintaining a target price of $260. * An analyst from HSBC has decided to maintain their Buy rating on Amazon.com, which currently sits at a price target of $270. * Consistent in their evaluation, an analyst from Wedbush keeps a Outperform rating on Amazon.com with a target price of $260.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Amazon.com options trades with real-time alerts from Benzinga Pro.

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