Amazon Options Trading Surges to 1.1 Million Contracts

Amazon's (AMZN.US) options trading saw significant activity on August 31st. A total of 1.1 million contracts were traded, with put options accounting for 39.39% and call options for 60.61%. This shows that investors are actively engaged in the company's stock.

The open interest, which reflects the number of outstanding options positions, stood at around 4.7 million contracts as of the close of trading. This is roughly 98.15% of the average daily open interest over the past 30 days.

One notable trade was in call options with a strike price of $280.00 expiring on October 16th, 2026. These options traded 4,500 contracts and had a turnover of $2.1 million, making them the most active option contract for the day.