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Options Corner: AMZN Prime Day, Levels To Watch

Options Corner: AMZN Prime Day, Levels To Watch

Schwab Network · Schwab Network

July 8, 20254m 48s

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Show Notes

Amazon (AMZN) is looking to break out during its 4-day long Prime Day sales event. Rick Ducat notes the chart showing a bearish divergence, with momentum waning despite a rising price. He points to a tightly coiled range between $225 and $235, and says a breakout above the latter level could potentially indicate further upside ahead. Later, Tom White discusses a bullish example options trade in AMZN.


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