Amazon.com Unusual Options Activity For October 09
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Amazon.com (NASDAQ:AMZN), indicating a bullish stance by a large investor or institution. The sentiment among these big-money traders is split between 56% bullish and 43% bearish. The price target range for Amazon.com over the last 3 months has been $115.0 to $140.0. Several advisory groups have downgraded their action to Outperform with varying price targets.
October 09, 2023 | 1:46 pm
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Unusual options activity has been observed for Amazon.com, indicating a bullish stance by a large investor or institution. This could potentially impact the stock's price in the short term.
The unusual options activity indicates that a large investor or institution is taking a bullish stance on Amazon.com. This could potentially lead to an increase in the stock's price in the short term. However, the sentiment among these big-money traders is split, with 56% being bullish and 43% being bearish, which adds some uncertainty to the potential impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100