Amazon.com's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
High-rolling investors have shown a bullish sentiment towards Amazon.com (NASDAQ:AMZN) through significant options trading activity. Benzinga's options scanner identified 16 trades, with 56% being bullish. Analysts have set price targets ranging from $205 to $239, with the next earnings report expected in 30 days.
July 02, 2024 | 2:02 pm
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Significant options trading activity indicates a bullish sentiment towards Amazon.com. Analysts have set price targets ranging from $205 to $239, with the next earnings report expected in 30 days.
The high volume of bullish options trades suggests that investors are optimistic about Amazon's short-term performance. Additionally, analysts' price targets and upcoming earnings report could further influence positive sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100