Unusual Options Activity: $31M Bet on AMZN $260 Calls Expiring Oct 30
26,324 contracts traded vs. 4,977 open interest, about $31.3M in premium.
Traders bought or sold 26,324 AMZN $260 call contracts expiring Oct 30, about $31.3M in premium, against just 4,977 contracts of existing open interest (5.3× volume to open interest). That makes it one of the largest unusual options trades in the market in the latest session.
The strike is in the money with AMZN at $262.43 (+3.3% on the day). Volume above open interest means new positions are being opened, which is why options traders watch these prints closely. Calls gain if the stock rises above the strike before expiration, though big prints can also be hedges.
Other unusual AMZN contracts
| Contract | Volume | Open int. | Premium |
|---|---|---|---|
| $260 Call · Oct 30 | 26,324 | 4,977 | $31.3M |
| $252.5 Call · Oct 12 | 9,910 | 2,186 | $9.9M |
| $255 Call · Oct 12 | 12,593 | 2,373 | $9.4M |
| $260 Call · Oct 12 | 24,485 | 4,566 | $7.7M |
| $262.5 Call · Oct 16 | 13,957 | 9,350 | $5.5M |
| $270 Call · Oct 23 | 14,754 | 10,217 | $4.1M |
Source: Nasdaq option chains (end-of-day volume and open interest), scanned by GTA Options Flow across the 160 most active U.S. stocks.
Written by the GTA Research Desk from GTA Terminal data. Not investment advice.
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