Amazon.com Unusual Options Activity For August 10
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Amazon.com (NASDAQ:AMZN), with a bearish stance being taken by a 'whale' investor. Of the 133 strange trades detected, 43% were bullish and 56% were bearish. The total amount for puts was $2,907,796 and for calls was $7,197,968. The targeted price range for Amazon.com over the last 3 months has been $50.0 to $200.0. The current price of AMZN is up 0.52% at $138.56. Several financial institutions have maintained their positive ratings on Amazon.com, with price targets ranging from $160 to $190.

August 10, 2023 | 8:33 pm
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Unusual options activity has been detected for Amazon.com, with a bearish stance being taken by a 'whale' investor. The current price of AMZN is up 0.52% at $138.56. Several financial institutions have maintained their positive ratings on Amazon.com.
The unusual options activity, particularly the bearish stance taken by a 'whale' investor, could potentially impact the stock price of Amazon.com. However, the current price of AMZN is up and several financial institutions have maintained their positive ratings on Amazon.com, which could counteract any negative impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100