This Is What Whales Are Betting On Amazon.com
Portfolio Pulse from Benzinga Insights
Financial giants have made notable bearish moves on Amazon.com (NASDAQ:AMZN) with 23 unusual options trades. 47% of traders showed bearish tendencies, with significant trades in both puts and calls. The expected price range for AMZN is $165.0 to $210.0 over the next three months. Current trading volume is 7,484,873, with the stock price at $186.64. Analysts have mixed ratings, with an average target price of $218.4.
July 18, 2024 | 2:32 pm
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Amazon.com (NASDAQ:AMZN) has seen significant bearish options activity, with 47% of traders showing bearish tendencies. The stock is currently trading at $186.64, with an expected price range of $165.0 to $210.0 over the next three months. Analysts have mixed ratings, with an average target price of $218.4.
The significant bearish options activity, with 47% of traders showing bearish tendencies, suggests a potential short-term decline in AMZN's stock price. The current price is $186.64, and the expected range is $165.0 to $210.0. Analysts' mixed ratings add to the uncertainty.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100