tiprankstipranks
Advertisement
Advertisement

Option traders moderately bearish in Amazon with shares down 2.42%

Option traders moderately bearish in Amazon (AMZN), with shares down $5.08 near $205.03. Options volume roughly in line with average with 846k contracts traded and calls leading puts for a put/call ratio of 0.61, compared to a typical level near 0.55. Implied volatility (IV30) is higher by 2.5 points near 34.54,and above the 52wk median, suggesting an expected daily move of $4.46. Put-call skew steepened, indicating increased demand for downside protection.

Claim 30% Off TipRanks

Trade AMZN with leverage

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

Disclaimer & DisclosureReport an Issue

1