Mar. 29 at 9:08 PM
What’s up with
$AMZN?
Down nearly 5% this week, including a rough 4% drop in one day
Short-term momentum is clearly bearish
But check this out
A massive 200,000-contract Jan 2027
$275 call trade printed at the ask for about
$181M on InsiderFinance
That’s a serious bet on long-term upside
It dwarfs all other flow and blows past existing open interest
For short-term traders, this kind of divergence means no clear edge right now
Respect the bearish tape
Keep an eye on that big money leaning bullish in the long run
Don't get too aggressive without more downside confirmation