Is Amazon a good stock option trade to day in terms of gains?

Amazon is not a strong candidate for options trading today, and potential traders should exercise caution. Here's why:

1. Lack of Clear Direction: Amazon has not reported any recent developments that would suggest a clear direction for its stock price. This lack of clarity makes it challenging to determine the most suitable strike price for options trading.
2. Mixed Sentiment: The options market shows a mixed sentiment, with a slight upside of 1.85%. This indicates that investors have varying expectations for the stock's future performance, which could lead to increased volatility and higher risk for options traders.
3. High Volatility: Amazon's stock price has been notoriously volatile, with a staggering 190,400% gain over its lifetime. This volatility could present opportunities for gains, but it also increases the risk of significant losses.
4. Resistance Level: The narrow resistance level for Amazon is not currently available. This could indicate that the stock is without strong resistance, which might lead to increased volatility and potentially higher risk for options traders.

In conclusion, while Amazon has been a strong performer historically, the lack of clear direction and mixed sentiment in the options market suggest that it is not a strong candidate for options trading today. Traders should consider their own risk tolerance and investment goals before making any options trades.