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

Financial giants have made a conspicuous bearish move on Amazon.com. Our analysis of options history for Amazon.com (NASDAQ:AMZN) revealed 44 unusual trades.

Delving into the details, we found 31% of traders were bullish, while 54% showed bearish tendencies. Out of all the trades we spotted, 11 were puts, with a value of $599,516, and 33 were calls, valued at $1,827,008.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $135.0 to $300.0 for Amazon.com over the recent three months.

Analyzing Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Amazon.com options trades today is 6230.58 with a total volume of 104,740.00.

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 $135.0 to $300.0 over the last 30 days.

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

Biggest Options Spotted:

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.

Present Market Standing of Amazon.com

  • With a trading volume of 12,935,987, the price of AMZN is down by -1.24%, reaching $203.16.
  • Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
  • Next earnings report is scheduled for 34 days from now.

Professional Analyst Ratings for Amazon.com

In the last month, 2 experts released ratings on this stock with an average target price of $244.0.

Turn $1000 into $1270 in just 20 days?

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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