Amazon.com Inc. (NASDAQ: AMZN) is up on its own today, but the stock is seeing very elevated trading activity in its weekly options which expire this Friday. The trade is an obvious bet on strong Thanksgiving Day and Black Friday sales figures being sent through the Amazon.com sites. An unofficial 4:00 PM EST close of $177.11 had the stock up $8.91 or 5.3%, but you need to see the bets on the weekly-expiration options as the true tell:
NOV25$   Volume   OpInt
170.00Â Â Â 4,179Â Â Â 3,680
175.00Â Â Â 11,777Â Â Â 2,126
180.00Â Â Â 13,788Â Â Â 1,555
185.00Â Â Â 2,239Â Â Â 759
What is odd is that there is the theory of a Cyber-Monday as workers go back to work and have higher speed internet access at their fingertips to conduct holiday shopping. maybe we’ll see a repeat on options expirations on the week on Monday.
The December Call options were elevated in trading volume as well:
DEC11$   Volume   OpInt
160.00Â Â Â 1,471Â Â Â 3,031
165.00Â Â Â 1,843Â Â Â 4,347
170.00Â Â Â 8,657Â Â Â 10,501
175.00Â Â Â 7,881Â Â Â 6,154
180.00Â Â Â 5,336Â Â Â 3,139
185.00Â Â Â 2,317Â Â Â 2,563
190.00Â Â Â 2,291Â Â Â 1,628
195.00Â Â Â 1,297Â Â Â 1,247
200.00Â Â Â 1,744Â Â Â 2,020
JON C. OGG
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