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Amazon call volume above normal and directionally bullish
The Fly

Amazon call volume above normal and directionally bullish

Bullish option flow detected in Amazon with 92,202 calls trading, 1.2x expected, and implied vol increasing almost 5 points to 31.27%. 3/28 weekly 180 calls and 3/28 weekly 182.5 calls are the most active options, with total volume in those strikes near 29,200 contracts. The Put/Call Ratio is 0.47. Earnings are expected on April 25th.

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