Jul. 28 at 12:54 AM
$AMZN took a hit, sliding about 6.8% over five days
But check this out, aggressive call sweeps at the 7/31
$230 to
$240 and 8/21
$250 strikes on InsiderFinance show traders eyeing a bounce
That said, the real action is if AMZN can reclaim
$235 to
$240 with strong volume
Meanwhile, heavy put buying in the 8/21
$220 puts and a 4,308-contract 0DTE
$232.5 put sweep suggest institutions are hedging hard
Bulls might want to look at defined-risk call spreads instead of going all in on long calls
Plus, the
$25B bond sale for AI infrastructure and Trainium chip plans keeps things interesting
