HomeTechFAANGBearish Trade on Amazon (AMZN) Ahead of Earnings
Bearish Trade on Amazon (AMZN) Ahead of Earnings

Amazon (AMZN) reports earnings Thursday April 28 after market close. Shares are down near two-month lows. Tony Zhang, Chief Strategist at OptionsPlay says they still expect fairly strong growth from AWS. He thinks the outlook for the rest of the year is what will really drive the stock price. He explains his bearish May 20 put vertical spread on Amazon. Tune in for the full analysis.

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27 Apr 2022

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