Data Source: Barchart
On Friday some institution/fund purchased 4,026 contracts of Jun. 2025 $170.00 strike calls (or the right to buy 402,600 shares of Amazon.com, Inc. (AMZN) at $170.00). The open interest was just 213 prior to this purchase.
Monitoring unusual options activity can be a useful tool. Large amounts of options being traded on a particular stock may provide some valuable insight into what the “smart money” is doing.
