Mixed options sentiment in Amazon (AMZN), with shares down $2.02 near $220.15. Options volume roughly in line with average with 630k contracts traded and calls leading puts for a put/call ratio of 0.4, compared to a typical level near 0.4. Implied volatility (IV30) is higher by 1.3 points near 35.69,and above the 52wk median, suggesting an expected daily move of $4.95. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Overweight at Wells Fargo.
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