What is market sentiment on Amazon calls options today?

The market sentiment on Amazon calls options today is bullish, with several indicators suggesting strong investor interest:

1. High Call Volume: The call volume for Amazon today is significantly higher than the put volume, indicating a strong preference among investors for calls. This could be due to the bullish outlook for the stock, as reflected in the positive analyst ratings and price targets.
2. Heavy Open Interest: The open interest for Amazon calls is high, suggesting that many investors are holding onto their positions, possibly anticipating further gains in the stock price.
3. Bullish Options Spreads: The options market is showing a clear bullish bias, with a higher number of calls than puts and a concentration of activity in a specific price range, indicating that investors are looking for opportunities to profit from potential upward movement in the stock price.
4. Recent Price Target Increases: The price target for Amazon has been raised recently, with Evercore ISI setting a price target of $240, indicating confidence in the company's future performance. This could contribute to the bullish sentiment among options traders.
5. Technical Indicators: The technical indicators for Amazon, such as the MACD and KDJ, suggest that the stock may be overbought, which could lead to a pullback or consolidation in the short term. However, the RSI remains high, indicating that the stock is still in an uptrend.

In conclusion, the market sentiment on Amazon calls options today is bullish, with strong investor interest and positive indicators suggesting that the stock has potential for further gains.