Amazon.com Sees Increased Unusual Options Activity on November 05

Investors with significant capital have shown a bullish sentiment towards Amazon.com (NASDAQ: AMZN), which is an important development in the market that should catch the attention of other players. Today, by tracking options activity data, it's clear that a notable shift is occurring, signaling potential future movements in AMZN.

According to our review of options activity through a specialized scanner, there were 15 unusual options activities involving Amazon.com. This substantial level of trading is not something to be overlooked.

The overall sentiment among these influential investors is somewhat mixed, with 53% of them being bullish and 20% bearish. Notably, out of the recorded trades, 5 were put options totaling $220,201, while call options accounted for 10 trades worth a combined total of $486,834.

Anticipated Price Fluctuations

Analysis of the trading volumes and open interest reveals that market movers are concentrating on a price range between $155.0 and $215.0 for Amazon.com over the past three months.

Development of Volume and Open Interest

Monitoring the volume and open interest is crucial in options trading. These metrics provide insight into how much liquidity and interest exists for Amazon's options at various strike prices. Below, you will find the evolution of call and put options' volume and open interest for all significant trades conducted in the last 30 days, focusing on the price range of $155.0 to $215.0.

Analysis of Amazon.com Options Activity: Past Month

Noteworthy Options Trades Detected:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
AMZN	PUT	SWEEP	BEARISH	01/17/25	$1.69	$1.66	$1.68	$170.00	$84.3K	27.0K	660
AMZN	CALL	TRADE	BULLISH	11/08/24	$16.75	$16.55	$16.67	$180.00	$83.3K	2.1K	132
AMZN	CALL	TRADE	NEUTRAL	11/08/24	$36.5	$36.1	$36.3	$160.00	$72.6K	834	0
AMZN	CALL	TRADE	NEUTRAL	12/18/26	$50.25	$49.45	$49.88	$185.00	$49.8K	3.0K	11
AMZN	CALL	SWEEP	BULLISH	03/21/25	$8.45	$8.3	$8.45	$215.00	$49.0K	2.7K	0

Overview of Amazon.com

Amazon.com is a leading online retailer and an essential platform for third-party sellers. Retail revenue accounts for about 75% of its total income, while Amazon Web Services (AWS) contributes approximately 15%. Advertising services make up 5% to 10% of the revenue, with the remainder coming from various sources. International markets represent 25% to 30% of Amazon's non-AWS sales, primarily coming from countries like Germany, the United Kingdom, and Japan.

With the options data provided, it's also important to evaluate Amazon.com's overall performance.

Current Status of Amazon.com

• Trading volume has reached 2,993,010, with the price of AMZN rising by 0.28% to $196.32.
• Indicators suggest that the stock might be nearing an overbought condition.
• An earnings announcement is anticipated in 86 days.

Market Experts' Views on Amazon.com

In the past month, five professional analysts have provided insights on the stock, arriving at an average price target of $223.00.

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A seasoned options trader with 20 years of experience reveals a straightforward chart technique to indicate when to buy and sell. This strategy has historically achieved an average profit of 27% every 20 days. Click here for access. * Consistent evaluations have come from RBC Capital, which maintains an Outperform rating with a target of $225. In contrast, Needham has downgraded its rating to Buy, establishing a lower target of $210. Similarly, Bernstein continues to support Amazon.com with an Outperform rating, projecting a target price of $235, while DA Davidson also holds onto a Buy rating at a target of $235.

It's important to be cautious in options trading, recognizing the increased risk but also the potential for higher rewards. Traders often mitigate risks by pursuing continuous education, making strategic trade adjustments, and staying aware of market trends. Stay updated on Amazon.com options trades with tools for real-time alerts.

Amazon, Options, Investors