A whale with a lot of money to spend has taken a noticeably bullish stance on Amazon.com.
Looking at options history for Amazon.com AMZN we detected 15 strange trades.
If we consider the specifics of each trade, it is accurate to state that 66% of the investors opened trades with bullish expectations and 33% with bearish.
From the overall spotted trades, 9 are puts, for a total amount of $682,978 and 6, calls, for a total amount of $253,035.
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $115.0 to $187.5 for Amazon.com over the last 3 months.
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
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 activity within a strike price range from $115.0 to $187.5 in the last 30 days.
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.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.