Feb. 19 at 2:21 AM
$AMZN is up nearly 3% in five days
It's a mixed bag right now
Last week's deep ITM puts are still messing with the tape
Today's AWS strength is pulling in fresh call buyers
Put flow was just 14% today
There were aggressive sweeps in 205 to 210 calls
Some are stretching out to late February and even August 250 to 260 calls
Traders are eyeing that
$300 target
It all hinges on holding above 205 to 207
Big money is in play too
On February 17, a golden sweep of Dec 2028 210 calls hit for
$11.4M
This shows some serious long-term commitment
Maybe worth looking at LEAPs over