Check Out What Whales Are Doing With AMZN

A whale with a lot of money to spend has taken a noticeably bearish stance on Amazon.com.

Looking at options history for Amazon.com AMZN we detected 61 strange trades.

If we consider the specifics of each trade, it is accurate to state that 42% of the investors opened trades with bullish expectations and 57% with bearish.

From the overall spotted trades, 35 are puts, for a total amount of $4,783,602 and 26, calls, for a total amount of $1,665,235.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $80.0 to $160.0 for Amazon.com over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Amazon.com's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Amazon.com's whale trades within a strike price range from $80.0 to $160.0 in the last 30 days.

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

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
AMZN PUT TRADE BULLISH 04/21/23 $155.00 $2.3M 1.8K 1.4K
AMZN PUT SWEEP BEARISH 07/21/23 $95.00 $359.0K 2.0K 112
AMZN CALL SWEEP BEARISH 02/17/23 $100.00 $315.1K 45.8K 792
AMZN CALL TRADE NEUTRAL 12/16/22 $105.00 $234.0K 21.4K 5.0K
AMZN PUT TRADE NEUTRAL 11/18/22 $145.00 $233.7K 34 50

Where Is Amazon.com Standing Right Now?

  • With a volume of 50,156,582, the price of AMZN is down -0.61% at $98.34.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 78 days.

What The Experts Say On Amazon.com:

  • Oppenheimer has decided to maintain their Outperform rating on Amazon.com, which currently sits at a price target of $130.
  • Baird has decided to maintain their Outperform rating on Amazon.com, which currently sits at a price target of $130.
  • Cowen & Co. has decided to maintain their Outperform rating on Amazon.com, which currently sits at a price target of $150.
  • Tigress Financial has decided to maintain their Buy rating on Amazon.com, which currently sits at a price target of $192.
  • Credit Suisse has decided to maintain their Outperform rating on Amazon.com, which currently sits at a price target of $142.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Amazon.com, Benzinga Pro gives you real-time options trades alerts.

AMZN Logo
AMZNAmazon.com Inc
$213.192.18%

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