Amazon Options Trading Volume Hits Record High
On August 14th, Amazon's options trading volume reached an impressive 723.66K contracts for the day, with put options accounting for 37.26% and call options for 62.74%. This significant activity suggests that market participants are cautiously optimistic about Amazon's future prospects.
The open interest of Amazon's options positions totaled approximately 4.94 million contracts as of the close of trading on August 14th, which is a substantial increase from the average of the past 30 trading days. Specifically, it represents an astonishing 103.83% of the average volume.
One notable trade stood out: the call option with a strike price of $275.00 expiring on August 28th, 2026 transacted 5,009 contracts and achieved a turnover of $881.58K. This was the most active unusual options trade of the day for Amazon.