Sep. 18 at 7:09 PM
$AMZN's got some big moves brewing
Spotted a 25,000-contract Nov 20
$295 call block at the ask, around
$10.6M, on InsiderFinance
That's a solid lean toward bullish into Q4
But don't ignore the 4,053-contract Sep 25
$245 puts sweep and the
$3.1M ITM Sep 18
$275 put block
Clearly, some are hedging for near-term downside
The new
$2.4B backup generator deal for data centers is a nice long-term boost
But it's not an immediate catalyst
Until
$AMZN breaks out of this 5-day chop, keep those bullish plays tight and defined risk
