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A Barchart report today shows a huge, unusual volume of in-the-money (ITM) put options in Amazon, Inc. (AMZN) stock. That implies that some institutional investors are happy to set a buy-in price for AMZN stock.
AMZN is up slightly today at $264.12 in midday trading, but it's off a recent peak of $274.99 on May 6. However, AMZN has moved up dramatically from a recent low of $199.34 on March 27, as can be seen in the Barchart chart below.