Feb. 14 at 2:44 AM
$AMZN is seeing some serious action
Institutions are stacking deep ITM puts for the 2/20 expiry
That massive 45,500x
$235P at
$36.60 is a
$166.5M premium, way above open interest
They're hedging against a near-term dip but it's more about volatility than a clear short signal
Even with this put wall, the 5-day flow is pretty balanced
There's still a lot of ask-side buying on long-dated calls
This shows big money is keeping a bullish outlook long-term
If you're thinking of going short, it might be better as a quick play rather than a big trend shift
Stay sharp
