Amazon Options Volume Surges to 568K Contracts on August 11th
On August 11th, Amazon's options trading volume was unusually high. The e-commerce giant saw a total of 568.68K contracts traded that day, with put options making up 35.13% and call options accounting for 64.87%. This surge in activity is significant because it shows that investors are placing big bets on Amazon's future performance.
As of the close of trading on August 11th, the open interest for Amazon's options stood at about 4.85 million contracts. This represents a remarkable 102.36% increase from the average of the past 30 trading days. One particular call option with a strike price of $310.00 expiring on October 16th, 2026 saw an unusually high volume of 24,021 trades, closing at $0.83.
The most traded unusual option for Amazon was a call option with a strike price of $310.00 expiring on October 16th, 2026, which transacted 4,555 contracts and reflected $1.48 million turnover. This is a significant development that may indicate investors' expectations for Amazon's future growth.