1 min read
Add as a preferred source on Google

Amazon Options Had Priced a Roughly 8% Post-Earnings Move.

The implied move was about $20 per share. Amazon had scheduled its third-quarter results for after the Oct. 29 U.S. market close.

An unmarked parcel sits between two opposing metal ramps / TokenPost.ai
An unmarked parcel sits between two opposing metal ramps / TokenPost.ai

Ahead of Amazon’s scheduled third-quarter results, options traders priced in a potential share move of about $20, or roughly 8%, for the period after the release. The estimate indicated the possible size of the move, not whether shares would rise or fall.

Amazon’s results had been scheduled for after the U.S. market close on Oct. 29, with a conference call set for 5 p.m. ET that day. Amazon shares gained 0.6% on Monday, Oct. 26.

The options pricing adds a market view to earlier attention on AWS growth and Amazon’s AI spending.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…