Amazon Options Trading Volume Surges to 700K Contracts on August 18th

On August 18th, Amazon saw significant options trading activity, with a total of 700.19K contracts traded during the day. This represents a substantial increase in trading volume compared to the past 30 days.

The majority of these trades were call options, accounting for 65.57% of the total transactions, while put options made up 34.43%. As the market closed on August 18th, Amazon's open interest stood at approximately 4.95 million contracts, which is 103.44% higher than the average over the past 30 trading days.

The most actively traded option contract was the call option with a strike price of $335.00 expiring on January 15th, 2027, which transacted 10,704 contracts and resulted in a turnover of $4.55 million. This contract also ranked first among unusual option trades for Amazon on that day.

The chart of open interest distribution shows the cumulative distribution of open interest across different strike prices and expiration dates, providing insights into market views on Amazon's future price movements. It is essential to note that options trading carries significant risk and may not be suitable for all investors.