🐳 FLOW — $AMZN: $176.3M traded in near-the-money options today, 90% in CALLS.
Biggest contract: $265 call — $22.5M (52,521 contracts).
Flow leans bullish. (Dollar-flow read — our feed has no open-interest data.) Educational, not advice.
🚨 UNUSUAL — volume running multiples of open interest (fresh positioning, today):
$265 put exp 2026-07-31: 4,755 traded vs 55 OI (86.5x)
$265 put exp 2026-08-03: 2,273 traded vs 84 OI (27.1x)
$267.5 put exp 2026-07-31: 2,647 traded vs 111 OI (23.8x)
🏗 OI BUILD — positions opened AND HELD overnight (the stable signal):
$250 call exp 2026-07-31: OI +13,783 → 31,166
$252.5 call exp 2026-07-31: OI +4,005 → 6,065
$247.5 call exp 2026-07-31: OI +3,242 → 11,629
🧹 SWEEP-STYLE — one order split across exchanges in <1s (grabbing liquidity fast):
$265 put 08/03: 1,000 contracts across 10 exchanges = $273k (09:55 ET)
💥 BIG PRINTS — single trades with serious premium today:
$265 put 08/03: 747 contracts @ $2.72 = $203k (09:55 ET)