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Benzinga Insights

Amazon.com Unusual Options Activity For December 09

Whales with a lot of money to spend have taken a noticeably bullish stance on Amazon.com.

Looking at options history for Amazon.com (NASDAQ:AMZN) we detected 38 trades.

If we consider the specifics of each trade, it is accurate to state that 47% of the investors opened trades with bullish expectations and 39% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $105,788 and 36, calls, for a total amount of $4,586,651.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $160.0 to $260.0 for Amazon.com during the past quarter.

Volume & Open Interest Trends

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 $160.0 to $260.0 in the last 30 days.

Amazon.com 30-Day Option Volume & Interest Snapshot

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
AMZN CALL SWEEP BEARISH 03/21/25 $34.85 $34.8 $34.8 $200.00 $2.0M 11.6K 599
AMZN CALL SWEEP BEARISH 12/13/24 $2.13 $2.0 $2.07 $230.00 $318.9K 12.8K 1.6K
AMZN CALL TRADE BEARISH 01/17/25 $21.9 $21.7 $21.7 $210.00 $201.8K 38.8K 583
AMZN CALL SWEEP BULLISH 12/27/24 $1.63 $1.6 $1.6 $240.00 $172.4K 1.8K 3.1K
AMZN CALL SWEEP BULLISH 01/17/25 $3.95 $3.85 $3.95 $240.00 $158.0K 13.1K 2.6K

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.

Having examined the options trading patterns of Amazon.com, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Where Is Amazon.com Standing Right Now?

  • Trading volume stands at 5,734,577, with AMZN's price up by 1.15%, positioned at $229.65.
  • RSI indicators show the stock to be may be approaching overbought.
  • Earnings announcement expected in 52 days.

What The Experts Say On Amazon.com

A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $233.2.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from BMO Capital has revised its rating downward to Outperform, adjusting the price target to $236. * Consistent in their evaluation, an analyst from Wells Fargo keeps a Equal-Weight rating on Amazon.com with a target price of $197. * An analyst from MoffettNathanson persists with their Buy rating on Amazon.com, maintaining a target price of $248. * An analyst from Redburn Atlantic persists with their Buy rating on Amazon.com, maintaining a target price of $235. * Consistent in their evaluation, an analyst from Needham keeps a Buy rating on Amazon.com with a target price of $250.

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.

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