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Amazon call volume above normal and directionally bullish
The Fly

Amazon call volume above normal and directionally bullish

Bullish option flow detected in Amazon with 66,746 calls trading, 1.2x expected, and implied vol increasing over 4 points to 34.78%. Dec-24 170 calls and 10/4 weekly 190 calls are the most active options, with total volume in those strikes near 17,600 contracts. The Put/Call Ratio is 0.37. Earnings are expected on October 24th.

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