Trade Ideas

UOA PRO New Trade Idea AMZN 8-19

17,500 20November 285 calls bought for 10.66 above open interest of 3,486 contracts; 17,500 20November 335 calls sold for 2.23 above open interest of 1,580 contracts. Rolls trade on Log 07/31. Stock 262.45.

By Wayne Razzi | Market Rebellion · August 19, 2026

New Trade Idea

Ticker: AMZN
Stock: 263.07
Trigger: 264.97
Expiration Date: 21AUG

UOA: 17,500 20November 285 calls bought for 10.66 above open interest of 3,486 contracts; 17,500 20November 335 calls sold for 2.23 above open interest of 1,580 contracts. Rolls trade on Log 07/31. Stock 262.45.

AMZN $264.19 Last.

Large Nov. set OTM call vertical bought. Stock has slid for 6 sessions in a row prior to attempting this bounce today. Charts mixed but overdue for a relief rally attempt.

Trigger: $264.97, today’s current high.

Strategy 1: Consider the AMZN 21Aug. 265.00 calls for $2.75 projected at trigger level today.

Strategy 2: Consider the AMZN 16Oct. 270.00-295.00 call spread for $7.45 projected at trigger level today. Uncappable.

Targets: 267.73 (10 SMA currently), 268.46, 270.13, 274.50