Moderately bullish activity in Amazon (AMZN), with shares up $7.36, or 2.89%, near $262.44. Options volume running well above average with 748k contracts traded and calls leading puts for a put/call ratio of 0.25, compared to a typical level near 0.59. Implied volatility (IV30) is higher by 0.8 points near 41.69,in the top quartile of the past year, suggesting an expected daily move of $6.89. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Amazon (AMZN) will report earnings after the close on 2026-04-29.Option markets are pricing in a 50% probability of a move greater than 9.42% or $24.72.
Claim 55% Off TipRanks
Trade AMZN with leveragePublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMZN:
- Midday Fly By: Intel reports big beat, Meta to deploy AWS chips
- Why Is TD Cowen Doubling Down on Amazon (AMZN), Microsoft (MSFT), and Apple (AAPL) ahead of Earnings Next Week
- Now Streaming: Warner Bros. shareholders approve Paramount deal
- Anthropic Expands Into Europe with New Offices and a £270K Data Center Role
- Meta Seals Multi-Billion Dollar Deal with Amazon (AMZN) to Deploy Custom AI Chips