Unusual Options Activity

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

Looking at options history for AMZN we detected 14 strange trades.

If we consider the specifics of each trade, it is accurate to state that 21% of the investors opened trades with bullish expectations and 78% with bearish.

From the overall spotted trades, 7 are puts, for a total amount of $600,525 and 7, calls, for a total amount of $470,681.

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 $96.0 to $180.0 for over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for options trades today is 16380.09 with a total volume of 4,852.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for's big money trades within a strike price range of $96.0 to $180.0 over the last 30 days. 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 BEARISH 01/19/24 $130.00 $162.5K 9.7K 352
AMZN PUT TRADE BEARISH 01/19/24 $130.00 $162.5K 9.7K 202
AMZN CALL SWEEP BEARISH 04/21/23 $100.00 $109.2K 51.1K 37
AMZN PUT TRADE NEUTRAL 05/19/23 $160.00 $91.3K 0 15
AMZN CALL SWEEP BULLISH 03/31/23 $99.00 $88.8K 7.5K 57

Where Is Standing Right Now?

  • With a volume of 1,578,676, the price of AMZN is up 0.75% at $98.87.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 31 days.

What The Experts Say On

  • Needham downgraded its action to Buy with a price target of $120
  • JMP Securities downgraded its action to Market Outperform with a price target of $140
  • JP Morgan has decided to maintain their Overweight rating on, which currently sits at a price target of $135.

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, Benzinga Pro gives you real-time options trades alerts.


Analyst Ratings




Posted In: OptionsMarketsBZI-UOA