tiprankstipranks
Advertisement
Advertisement

Moderately bullish activity in Amazon with shareslittle changed

Moderately bullish activity in Amazon (AMZN), with shares up 6c, or 0.03%, near $228.78. Options volume relatively light with 333k contracts traded and calls leading puts for a put/call ratio of 0.6, compared to a typical level near 0.5. Implied volatility (IV30) is higher by 0.3 points near 24.0,in the lowest 10% of observations over the past year, suggesting an expected daily move of $3.46. Put-call skew steepened, indicating increased demand for downside protection.

Claim 30% Off TipRanks

Forget margin or options. Here's how the pros trade AMZN

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1